Common use of Subsidiaries; Organizational Structure Clause in Contracts

Subsidiaries; Organizational Structure. Schedule 6.18(a) sets forth, as of the date hereof, all of the Subsidiaries of the Borrower, the form and jurisdiction of organization of each of the Subsidiaries, and the owners of the direct and indirect ownership interests therein. Schedule 6.18(b) sets forth, as of the Closing Date, all of the Unconsolidated Entities of the Borrower and its Subsidiaries, the form and jurisdiction of organization of each of the Unconsolidated Entities, Borrower’s or its Subsidiary’s ownership interest therein and the other owners of the applicable Unconsolidated Entity. No Person owns any legal, equitable or beneficial interest in any of the Persons set forth on Schedules 6.18(a) or, to the knowledge of the Borrower with respect to interests not owned directly or indirectly by Borrower, Schedule 6.18(b) except as set forth on such Schedules. Each Unencumbered Property Subsidiary (other than the Controlled JV Entities) is a Wholly Owned Subsidiary of the Borrower. Each Controlled JV Entity satisfies the requirements of this Agreement to be a Controlled JV Entity.

Subsidiaries; Organizational Structure. Schedule 6.18(a6.21(a) sets forth, as of the date hereofClosing Date, all of the Subsidiaries of the BorrowerREIT, the form and jurisdiction of organization of each of the Subsidiaries, and the owners of the direct and indirect ownership interests therein. Schedule 6.18(b6.21(b) sets forth, as of the Closing Date, all of the Unconsolidated Entities Affiliates of the Borrower REIT and its Subsidiaries, the form and jurisdiction of organization of each of the Unconsolidated EntitiesAffiliates, BorrowerREIT’s or its Subsidiary’s ownership interest therein and the other owners of the applicable Unconsolidated EntityAffiliate. No Person owns any legal, equitable or beneficial interest in any of the Persons (other than REIT) set forth on Schedules 6.18(a6.21(a) or, to the knowledge of the Borrower with respect to interests not owned directly or indirectly by Borrower, Schedule 6.18(band 6.21(b) except as set forth on such SchedulesSchedules or as set forth in an update provided in writing to Agent by Borrower. Each Subsidiary Guarantor and Unencumbered Property Subsidiary (other than the a Controlled JV EntitiesJoint Venture) is a Wholly Owned Subsidiary of the Borrower. Each , and with respect to any Unencumbered Property Subsidiary that is a Controlled JV Entity Joint Venture, such Subsidiary satisfies the requirements of this Agreement to be a Controlled JV EntityJoint Venture.