Common use of Single-Purpose Entity Clause in Contracts

Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor to be a Single-Purpose Entity for at least as long as the Mortgage Loan is outstanding. Both the Loan

Appears in 33 contracts

Samples: Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2018-B2), Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2016-P5), Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2016-P5)

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Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor to be a Single-Purpose Entity for at least as long as the Mortgage Loan is outstanding. Both the Loanthe

Appears in 14 contracts

Samples: Mortgage Loan Purchase Agreement, Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2018-H3), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2018-H3)

Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor to be a Single-Purpose Entity for at least as long as the Mortgage Loan is outstanding. Both the LoanMortgage Loan documents and the organizational documents of the Mortgagor with

Appears in 3 contracts

Samples: Mortgage Loan Purchase Agreement (Benchmark 2022-B35 Mortgage Trust), Mortgage Loan Purchase Agreement (JPMDB Commercial Mortgage Securities Trust 2020-Cor7), Mortgage Loan Purchase Agreement (JPMCC Commercial Mortgage Securities Trust 2016-Jp2)

Single-Purpose Entity. Each Mortgage Loan requires the related Mortgagor to be a Single-Purpose Entity for at least as long as the related Mortgage Loan is outstanding. Both the LoanMortgage Loan documents and the organizational documents of the Mortgagor with respect

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (BMO 2024-5c3 Mortgage Trust), Mortgage Loan Purchase Agreement (Benchmark 2021-B27 Mortgage Trust)

Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor to be a Single-Purpose Entity for at least as long as the related Mortgage Loan is outstanding. Both the Loan

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2020-Gc46), Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2020-Gc46)

Single-Purpose Entity. Each Mortgage Loan that requires the Mortgagor to be a Single-Purpose Entity, requires such Mortgagor to be a Single-Purpose Entity for at least as long as the such Mortgage Loan is outstanding. Both the LoanLoan Documents and the organizational

Appears in 1 contract

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

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Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor to be a Single-Purpose Entity for at least as long as the Mortgage Loan is outstanding. Both the LoanEach

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Benchmark 2023-B40 Mortgage Trust)

Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor Borrower to be a Single-Purpose Entity for at least as long as the Mortgage Loan is outstanding. Both the LoanLoan Documents and the organizational documents of the Borrower with respect to each

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Benchmark 2024-V5 Mortgage Trust)

Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor related Borrower to be a Single-Purpose Entity for at least as long as the related Mortgage Loan is outstanding. Both the LoanLoan Documents and the organizational documents of the Borrower with respect

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Benchmark 2024-V5 Mortgage Trust)

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