Special Purpose Entity Covenants. (a) Until the Debt has been paid in full, each Loan Party shall remain a Special Purpose Entity.
Appears in 2 contracts
Samples: Loan Agreement (VICI Properties L.P.), Loan Agreement (MGM Growth Properties Operating Partnership LP)
Special Purpose Entity Covenants. (a) Until the Debt has been paid in full, Borrower, Operating Lessee and each other Loan Party hereby warrants and covenants that Borrower, Operating Lessee and each other Loan Party shall remain be and shall continue to be a Special Purpose Entity.
Appears in 1 contract
Special Purpose Entity Covenants. (a) Until the Debt has been paid in full, Borrower and each other Loan Party hereby warrants and covenants that Borrower and each other Loan Party shall remain be and shall continue to be a Special Purpose EntityEntity and Borrower shall cause Mortgage Borrower, Operating Lessee and each other Mortgage Loan Party to be and to continue to be a Special Purpose Entity (as defined in the Mortgage Loan Agreement).
Appears in 1 contract
Samples: Mezzanine a Loan Agreement (BRE Select Hotels Corp)
