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Common use of Single Purpose Entities Clause in Contracts

Single Purpose Entities. Each Borrower shall at all times maintain and conduct itself as a Single-Purpose entity.

Appears in 3 contracts

Samples: Term Loan Agreement (McNeil Real Estate Fund Xxvi Lp), Term Loan Agreement (Goldman Sachs Group Inc), Term Loan Agreement (Goldman Sachs Group Inc)

Single Purpose Entities. Each The Borrower shall at all times maintain and conduct itself as a Single-Purpose entity.

Appears in 2 contracts

Samples: Master Credit Facility Agreement (Archstone Communities Trust/), Master Credit Facility Agreement (Walden Residential Properties Inc)