Common use of Special Purpose Entity/Separateness Clause in Contracts

Special Purpose Entity/Separateness. (a) Until the Debt has been paid in full, each Individual Borrower hereby represents, warrants and covenants that (i) it has been since its formation, is now, and shall continue to be a Special Purpose Entity and (ii) each Principal (if any) has been since its formation, is now, and shall continue to be a Special Purpose Entity. (b) The representations, warranties and covenants set forth in Section 4.1.30 (a) shall survive for so long as the outstanding balance of the Loan remains unpaid.

Special Purpose Entity/Separateness. (a) Until the Debt has been paid in full, each Individual : (a) Borrower hereby represents, warrants and covenants that (i) it Borrower has been since its formationbeen, is nowis, shall be and shall continue to be a Special Purpose Entity and Entity, (ii) each Principal has been, is, shall be and shall continue to be a Special Purpose Entity, and (if anyiii) Operating Company has been since its formationbeen, is nowis, shall be and shall continue to be a Special Purpose Entity. (b) The representations, warranties and covenants set forth in Section 4.1.30 (a) shall survive for so long as the outstanding balance of the Loan remains unpaid.

Special Purpose Entity/Separateness. (a) Until the Debt Loan has been paid in full, each Individual Borrower hereby represents, warrants and covenants that (i) it has been since its formationeach Borrower is, is now, and shall continue to be a Special Purpose Entity and (ii) each Principal (if any) has been since its formation, is now, and shall continue to be a Special Purpose Entity. (b) The representations, warranties and covenants set forth in Section 4.1.30 (a7.34(a) shall survive for so long as any amount remains payable to the outstanding balance of the Bank under this Agreement or any other Loan remains unpaidDocument.

Special Purpose Entity/Separateness. (a) Until the Debt has been paid in full, each Individual Borrower hereby represents, warrants and covenants that (i) it has been since its formationBorrower is, is now, shall be and shall continue to be a Special Purpose Entity Entity, and (ii) each Principal (if any) has been since its formationis, is now, shall be and shall continue to be a Special Purpose Entity. (b) The representations, warranties and covenants set forth in Section 4.1.30 (a4.1.30(a) shall survive for so long as the outstanding balance of the any amount remains payable to Lender under this Agreement or any other Loan remains unpaidDocument. (c) [Intentionally Omitted]

Special Purpose Entity/Separateness. (a) Until the Debt has been paid in full, each Individual Borrower hereby represents, warrants and covenants that (i) it Borrower has been since its formation, is now, and shall continue to be a Special Purpose Entity and (ii) each Principal (if anyapplicable) has been since its formation, is now, and shall continue to be a Special Purpose Entity. (b) The representations, warranties and covenants set forth in Section 4.1.30 (a) shall survive for so long as the outstanding balance of the any amount remains payable to Lender under this Agreement or any other Loan remains unpaidDocument.

Special Purpose Entity/Separateness. (a) Until the Debt has been paid in full, each Individual Borrower hereby represents, warrants and covenants that (i) it Borrower is, has been since the date of its formation, is now, and shall continue to be a Special Purpose Entity and (ii) each Principal (if any) has been since its formation, is now, and shall continue to be a Special Purpose Entity. (b) The representations, warranties and covenants set forth in Section 4.1.30 (a4.1.28(a) shall survive for so long as the outstanding balance of the any amount remains payable to Lender under this Agreement or any other Loan remains unpaidDocument.

Special Purpose Entity/Separateness. (a) Until the Debt has been paid in full, each Individual Borrower hereby represents, warrants and covenants that (i) it has been since its formationBorrower is, is now, shall be and shall continue to be a Special Purpose Entity and (ii) each Principal (if any) has been since its formationis, is now, shall be and shall continue to be a Special Purpose Entity. (b) The representations, warranties and covenants set forth in Section 4.1.30 (a) shall survive for so long as the outstanding balance any of the Debt remains payable to Lender under this Agreement or any other Loan remains unpaidDocument.

Special Purpose Entity/Separateness. (a) Until the Debt has been paid in full, each Individual Borrower hereby represents, warrants and covenants that (i) it has been since its formation, each Borrower is now, and shall continue to be a Special Purpose Entity and (ii) each Principal (if any) has been since its formation, is now, and shall continue to be a Special Purpose Entity. (b) The representations, warranties and covenants set forth in Section 4.1.303.1.24 (a) shall survive remain true for so long as the outstanding balance of the any amount remains payable to Lender under this Agreement or any other Loan remains unpaidDocument.

Special Purpose Entity/Separateness. (a) Until the Debt has been paid in full, each Individual Borrower hereby represents, warrants and covenants that (i) it has been since its formationBorrower is, is now, and shall continue to be a Special Purpose Entity and (ii) each Principal (if any) has been since its formation, is now, and shall continue to be a Special Purpose Entity. (b) The representations, warranties and covenants set forth in Section 4.1.30 (a4.1.29(a) shall survive for so long as the outstanding balance of the any amount remains payable to Lender under this Agreement or any other Loan remains unpaidDocument.

Special Purpose Entity/Separateness. (a) Until the Debt has been paid in full, each Individual Borrower hereby represents, warrants and covenants that (i) it has been since its formationBorrower is, is now, shall be and shall continue to be a Special Purpose Entity Entity, and (ii) each Principal (if any) has been since its formationis, is now, shall be and shall continue to be a Special Purpose Entity. (b) The representations, warranties and covenants set forth in Section 4.1.30 (a) shall survive for so long as the outstanding balance of the Loan remains unpaid.