Main Street. The Mortgaxx Xxxx xx xxx xxx xxxourse obligations of a natural person, and no natural person is liable to the Mortgagee for damages arising in the case of fraud or willful misrepresentation by the Mortgagor, misappropriation of rents, insurance proceeds or condemnation awards and breaches of the environmental covenants in the Mortgage Loan documents. Loan No. 90, Shops at Staughton The Mortgage Loan is not the recourse obligations of a natural person, and no natural person is liable to the Mortgagee for damages arising in the case of fraud or willful misrepresentation by the Mortgagor, misappropriation of rents, insurance proceeds or condemnation awards and breaches of the environmental covenants in the Mortgage Loan documents. Loan No. 115, 724 Fifth Avenue The Mortgage Loan is not the recourse obligations of a natural person, and no natural person is liable to the Mortgagee for damages arising in the case of fraud or willful misrepresentation by the Mortgagor, misappropriation of rents, insurance proceeds or condemnation awards and breaches of the environmental covenants in the Mortgage Loan documents. Representation No. 40: Single Purpose Entity Loan No. 73, 160 East 65th Street Coop Xxx Xxxxxxxxx xx x xxxxxxxxxxx xxxxxxxxxxx, xxx its the organizational documents do not require it to be a Single Purpose Entity. However, the Mortgagor has covenanted in the Mortgage Loan documents that it will comply with the requirements of a Single Purpose Entity. Loan No. 81, Orange Multifamily Portfolio The organizational documents of the Mortgagor as of the date of the Mortgage provide that the Mortgagor is a Single Purpose Entity except that, prior to the amendment of the Mortgagor's organizational documents in connection with the Mortgage Loan, such organizational documents permitted the Mortgagor to own and operate real property other than the Mortgaged Property and the Mortgagor did own and operate such other real property. Loan No. 115, 724 Fifth Avenue The orgxxxxxxxxxxx xxxxxxxxx xx the Mortgagor as of the date of the Mortgage do not require such Mortgagor to be a Single Purpose Entity. However, the Mortgagor covenanted in the Mortgage Loan documents that it will comply with the requirements of a Single Purpose Entity. Moreover, pursuant to the terms of the Mortgage, the Mortgagor is required to transfer the Mortgaged Property to a newly formed bankruptcy remote single purpose corporation, limited liability company or limited partnership post-closing, and such...
Main Street. Developer acknowledges that the Project will impact traffic on Leeds Main Street and agrees to mitigate this impact as outlined in the attached Traffic Mitigation Plan (Exhibit J). Moreover, Developer and Town acknowledge that traffic on Leeds Main Street (generated by all new construction and facilities in the Leeds area) will increase to a level in the future where improved access to the interstate freeway is required from the Leeds area. The Town agrees to a) update its Road Master Plan and Roadways Capital Facility Plan to include plans necessary to uniformly address increased traffic on Main Street, and b) employ its best efforts in working with the Utah Department of Transportation and to utilize its powers to facilitate appropriate and timely improvements to interstate freeway access.
Main Street. P.O. Xxx 00 ......
Main Street. All that certain tract or parcel of land and premises, situate, lying and being in the City of Portland, County of Multnomah, State of Oregon. Xxxx 0, 0, 0, 0, 0, 0, 0 and 0, Xxxxx 00, XXXX XX XXXXXXXX, in the City of Portland, Multnomah County, Oregon. EXCEPT the West 5 feet of Lots 5, 6, 7 and 8 in SW Second Avenue. Account No. R245930 EXHIBIT A EXHIBIT B - DOCUMENTS Exhibit B to LOAN AGREEMENT between KBSII 350 PLUMERIA, LLC, a Delaware limited liability company, KBSII MOUNTAIN VIEW, LLC, a Delaware limited liability company, KBSII ONE MAIN PLACE, LLC, a Delaware limited liability company and KBSII XXXXXX XXXXXXX CENTER, LLC, a Delaware limited liability company, as “Borrowers”, XXXXX FARGO BANK, NATIONAL ASSOCIATION, as “Administrative Agent”, and various Lenders, dated as of April 30, 2010.
Main Street and Sovereign each agree to conduct such investigation and discussions hereunder in a manner so as not to interfere unreasonably with normal operations and customer and employee relationships of the other party.
