Common use of New Borrower's Organizational Documents Clause in Contracts

New Borrower's Organizational Documents. New Borrower has not transacted any business in New Borrower’s name since its formation. New Borrower is and will continue to be in full compliance with all of its organizational documents and the single purpose entity and separateness requirements of the Loan Documents and such organizational documents do not conflict with any of such single purpose entity and separateness requirements of the Loan Documents.

Appears in 5 contracts

Samples: Assumption Agreement, Assumption Agreement, Note and Deed of Trust Assumption Agreement (Hines Global REIT, Inc.)

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New Borrower's Organizational Documents. Except for the transactions contemplated hereby and the acquisition of the Project on the date hereof, New Borrower has not transacted any business in New Borrower’s 's name since its formation. New Borrower is and will continue to be in full compliance with all of its organizational documents and the single purpose entity and separateness requirements of the Loan Documents and such organizational documents do not conflict with any of such single purpose entity and separateness requirements of the Loan Documents.

Appears in 4 contracts

Samples: Note and Mortgage Assumption Agreement, Joinder by and Agreement (American Realty Capital Healthcare Trust Inc), Note and Mortgage Assumption Agreement (American Realty Capital Healthcare Trust Inc)

New Borrower's Organizational Documents. New Borrower has not transacted any business in New Borrower’s 's name since its formation. New Borrower is and will continue to be in full compliance with all of its organizational documents and the single purpose entity and separateness requirements of the Loan Documents and such organizational documents do not conflict with any of such the single purpose entity and separateness requirements of the Loan Documents.

Appears in 2 contracts

Samples: Note and Deed of Trust Assumption Agreement (Cole Credit Property Trust II Inc), Note and Deed of Trust Assumption Agreement (Cole Credit Property Trust II Inc)

New Borrower's Organizational Documents. New Borrower has not transacted any business in New Borrower’s 's name since its formation. New Borrower is and will continue to be in full compliance with all of its organizational documents and the single purpose entity and separateness requirements of the Loan Documents and such organizational documents do not conflict with any of such single purpose entity and separateness requirements of the Loan Documents.

Appears in 2 contracts

Samples: Assumption Agreement (Lodging Fund REIT III, Inc.), Assumption Agreement (Alexander & Baldwin, Inc.)

New Borrower's Organizational Documents. New Borrower has not transacted any business in New Borrower’s name since its formation. New Borrower is and will continue to be in full compliance with all of its organizational documents in all material respects and in full compliance with the single purpose entity and separateness requirements of the Loan Documents and such its organizational documents. Such organizational documents do not conflict with any of such single purpose entity and separateness requirements of the Loan Documents.

Appears in 1 contract

Samples: Assumption Agreement (Independence Realty Trust, Inc)

New Borrower's Organizational Documents. New Borrower has not transacted any business in New Borrower’s name since its formation, other than in connection with its acquisition of the Property. New Borrower is and will continue to be in full compliance with all of its organizational documents and the single purpose entity and separateness requirements of the Loan Documents and such organizational documents do not conflict with any of such single purpose entity and separateness requirements of the Loan Documents.

Appears in 1 contract

Samples: Assumption Agreement (Strategic Storage Trust II, Inc.)

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New Borrower's Organizational Documents. New Borrower has not transacted any business in New Borrower’s 's name since its formationformation except as related to the acquisition of the Project. New Borrower is and will continue to be in full compliance with all of its organizational documents and the single purpose entity and separateness requirements of the Loan Documents and such organizational documents do not conflict with any of such single purpose entity and separateness requirements of the Loan Documents.

Appears in 1 contract

Samples: Assumption Agreement (Bluerock Residential Growth REIT, Inc.)

New Borrower's Organizational Documents. New Borrower has not transacted any business in New Borrower’s 's name since its formation. New Borrower is and will continue to be in full compliance with all of its organizational documents and the single purpose entity and separateness requirements of the Loan Documents and such organizational documents do not conflict with any of such single purpose entity and separateness requirements of the Loan Documents.. (g)

Appears in 1 contract

Samples: Note and Mortgage Assumption Agreement

New Borrower's Organizational Documents. New Borrower has not transacted any business in New Borrower’s 's name since its formationformation except in connection with the consummation of the Purchase Agreement. New Borrower is and will continue to be in full compliance with all of its organizational documents and the single purpose entity and separateness requirements of Section 5.12 of the Loan Documents Agreement and such organizational documents do not conflict with any of such single purpose entity and separateness requirements of the Loan DocumentsAgreement.

Appears in 1 contract

Samples: Note and Mortgage Assumption Agreement (World Wrestling Entertainmentinc)

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