Examples of Real Estate Subsidiaries in a sentence
The Real Estate Subsidiaries will not own or acquire any material assets other than real property (and the fixtures and equipment located thereon) or incur any liabilities, in each case, except permitted by Section 6.01(e) and 6.01(x) (other than liabilities reasonably incurred in connection with its maintenance of its existence).
Borrower has no Real Estate Subsidiaries other than those listed on Schedule 6.13 (and, if subsequent to the Closing Date, such additional Real Estate Subsidiaries as have been formed or in compliance with Section 7.13) and Schedule 6.13 sets forth the jurisdiction of incorporation or organization of each such Real Estate Subsidiary and the percentage of Borrower’s ownership interest in such Real Estate Subsidiary.
Borrower represents and warrants that, as of the date of this Agreement, Borrower has no Real Estate Subsidiaries other than those listed on Schedule 6.13 attached hereto, and Schedule 6.13 sets forth the jurisdiction of incorporation or organization of each such Real Estate Subsidiary and the percentage of Borrower’s ownership interest in such Real Estate Subsidiary.
The Real Estate Subsidiaries are not be required to grant the Collateral Agent a Lien on any of their Property, but no Real Estate Subsidiary shall own any Property other than Real Property Interests.
Neither Seller nor its Affiliates is, as it relates to the Business, the Real Estate Subsidiaries, the Purchased Assets or the Owned Real Property, subject to any judgment, decree or Order of a Governmental Authority or in breach or violation of any such judgment, decree or Order.