ASSUMPTIONS IN NON-CONSOLIDATION OPINION. Borrower shall conduct its business so that the assumptions made in that certain substantive nonconsolidation opinion letter dated the date hereof, delivered by counsel in connection with the Loan shall be true and correct in all material respects.
Appears in 3 contracts
Samples: Mezzanine Loan Agreement (Capital Senior Living Corp), Loan Agreement (Capital Senior Living Corp), Mezzanine Loan Agreement (Capital Senior Living Corp)
ASSUMPTIONS IN NON-CONSOLIDATION OPINION. Borrower and the Borrower Representative shall conduct its their business so that the assumptions made in that certain substantive nonconsolidation non-consolidation opinion letter dated as of the date hereof, delivered by Borrower's counsel in connection with the Loan Loan, shall be true and correct in all material respects.
Appears in 2 contracts
Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)
ASSUMPTIONS IN NON-CONSOLIDATION OPINION. Borrower and the Managing Member shall conduct its their business so that the assumptions made as to themselves in that certain substantive nonconsolidation non-consolidation opinion letter dated as of the date hereof, delivered by Borrower's counsel in connection with the Loan Loan, shall be true and correct in all material respects.
Appears in 1 contract
