Common use of Financing Transaction Clause in Contracts

Financing Transaction. The Loan is (or shall be) evidenced by debt instruments that are intended to be accounted for as “debt” on the balance sheet of Borrower, and Borrower shall account for the Loan as “debt” in all financial statements prepared by or on behalf of Borrower.

Appears in 3 contracts

Samples: Fixed Rate Term Loan Agreement (RREEF Property Trust, Inc.), Fixed Rate Term Loan Agreement (New England Realty Associates Limited Partnership), Fixed Rate Term Loan Agreement (GTJ REIT, Inc.)

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Financing Transaction. The Loan is (or shall be) evidenced by debt instruments that are intended to be accounted for as “debt” on the balance sheet of Borrowereach Borrower Party, and each Borrower Party shall account for the Loan as “debt” in all financial statements prepared by or on behalf of Borrowereach Borrower Party.

Appears in 2 contracts

Samples: Fixed Rate Term Loan Agreement (Mission West Properties Inc), Fixed Rate Term Loan Agreement (Mission West Properties Inc)

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