Common use of Effect of Transfer on Single Purpose Entity Requirements Clause in Contracts

Effect of Transfer on Single Purpose Entity Requirements. Notwithstanding anything to the contrary in this Loan Agreement, no Transfer will be permitted under Article VII unless the provisions of this Section 6.13 are satisfied at all times.

Appears in 36 contracts

Sources: Multifamily Loan and Security Agreement (New Senior Investment Group Inc.), Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.), Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.)

Effect of Transfer on Single Purpose Entity Requirements. Notwithstanding anything to the contrary in this Loan Continuing Covenant Agreement, no Transfer will be permitted under Article VII unless the provisions of this Section 6.13 are satisfied at all times.

Appears in 7 contracts

Sources: Continuing Covenant Agreement, Continuing Covenant Agreement, Continuing Covenant Agreement

Effect of Transfer on Single Purpose Entity Requirements. Notwithstanding anything to the contrary in this Loan Agreement, no Transfer will be permitted under Article VII unless the provisions of this Section 6.13 are satisfied at all times. (d) and (e) are reserved.

Appears in 2 contracts

Sources: Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement