SPE Equity Owner Criteria. With respect to SPE Equity Owner, a "Single Purpose Entity" means a corporation which, at all times since its formation and thereafter complies in its own right with each of the requirements contained in Section 7.02(a)(i) - (xxiv), except that:
Appears in 2 contracts
Samples: Loan Agreement (Consolidated Capital Properties Iv), Loan Agreement (Capital Senior Living Corp)
SPE Equity Owner Criteria. With respect to SPE Equity Owner, a "“Single Purpose Entity" ” means a corporation or a Delaware single member limited liability company which, at all times since its formation and thereafter complies in its own right with each of the requirements contained in Section 7.02(a)(i) - (xxiv), except that:
Appears in 1 contract
Samples: Loan Agreement (Resource Real Estate Opportunity REIT, Inc.)
SPE Equity Owner Criteria. With respect to SPE Equity Owner, a "“Single Purpose Entity" ” means a corporation limited liability company which, at all times since its formation and thereafter complies in its own right with each of the requirements contained in Section 7.02(a)(i) - (xxiv), except that:
Appears in 1 contract
SPE Equity Owner Criteria. With respect to SPE Equity Owner, a "Single Purpose Entity" means a corporation or a Delaware single member limited liability company which, at all times since its formation and thereafter complies in its own right with each of the requirements contained in Section 7.02(a)(i) - 7.02(a)(i)- (xxiv), except that:
Appears in 1 contract
Samples: Loan Agreement (Cole Credit Property Trust V, Inc.)
