Common use of STATEMENTS REGARDING OWNERSHIP Clause in Contracts

STATEMENTS REGARDING OWNERSHIP. From and after the date of the Property Transfer or the Interest Transfer, Borrower agrees to submit or cause to be submitted to Lender within thirty (30) days after December 31st of each calendar year during the term of the Loan and ten (10) days after any written request by Lender, a sworn, notarized certificate, signed and certified to the Certification Parities by an authorized (i) individual who is Borrower or one of the individuals comprising Borrower, (ii) member of Borrower, (iii) partner of Borrower or (iv) officer of Borrower, as the case may be, stating whether (x) any part of the Property, or any interest in the Property, has been conveyed, transferred, assigned, encumbered, or sold, and if so, to whom; (y) any conveyance, transfer, pledge or encumbrance of any interest in Borrower has been made and if so, to whom (excluding transfers of shares in City Office); or (z) there has been any change in the individual(s) comprising Borrower or in the partners, members, shareholders or beneficiaries of Borrower from those on the Execution Date, and if so, a description of such change or changes.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (City Office REIT, Inc.)

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STATEMENTS REGARDING OWNERSHIP. From and after the date of the Property Transfer or the Interest Transfer, Borrower agrees to submit or cause to be submitted to Lender within thirty (30) days following request by Lender made at any time after December 31st of each calendar year during the term of the Loan and ten (10) days after any written request by Lender, a sworn, notarized certificate, signed and certified to the Certification Parities Parties by an authorized (i) individual who is Borrower or one of the individuals comprising Borrower, (ii) member of Borrower, (iii) partner of Borrower or (iv) officer or authorized representative of Borrower, as the case may be, stating whether (x) any part of the Property, or any interest in the Property, has been conveyed, transferred, assigned, encumbered, or sold, and if so, to whom; (y) any conveyance, transfer, pledge or encumbrance of any interest in Borrower has been made and if so, to whom (excluding transfers of shares in City Office)whom; or (z) there has been any change in the individual(s) comprising Borrower or in the partners, members, shareholders or beneficiaries of Borrower from those on the Execution Date, and if so, a description of such change or changes.

Appears in 1 contract

Samples: Loan Agreement (Piedmont Office Realty Trust, Inc.)

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STATEMENTS REGARDING OWNERSHIP. From and after the date of the Property Transfer or the Interest Transfer, Borrower agrees Borrowers agree to submit or cause to be submitted to Lender within thirty forty-five (3045) days after December 31st of each calendar year during the term of the Loan Loans and ten thirty (1030) business days after any written request by LenderLender (but not more than twice during any calendar year), a sworn, notarized certificate, signed and certified to the Certification Parities by an authorized (i) individual who is Borrower members, partners or one officers of the individuals comprising Borrower, (ii) member of Borrower, (iii) partner of Borrower or (iv) officer of BorrowerBorrowers, as the case may be, stating whether (x) any part of the PropertyProperties., or any interest in any of the PropertyProperties, has been conveyed, transferred, assigned, encumbered, or sold, and if so, to whom; (y) any conveyance, transfer, pledge or encumbrance of any interest in a Borrower or any entity comprising a Borrower has been made made, and if so, to whom (excluding transfers of shares in City Office)whom; or (z) there has been any change in the individual(s) comprising shareholders, partners or members of a Borrower or in the partnersindividuals or entities comprising such shareholders, members, shareholders partners or beneficiaries members of a Borrower from those on the Execution Date, and if so, a description of such change or changes.

Appears in 1 contract

Samples: Loan Agreement (Kramont Realty Trust)

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