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Common use of Single Purpose Entities Clause in Contracts

Single Purpose Entities. The Westcor Guarantors shall maintain themselves as Single Purpose Entities. The Wilmorite Guarantors shall maintain themselves as Single Purpose Entities.

Appears in 5 contracts

Sources: Joinder Agreement (Macerich Co), Revolving Loan Facility Credit Agreement (Macerich Co), Credit Agreement (Macerich Co)

Related Clauses

  • Single-Purpose Entity
  • Single Purpose Entity/Separateness
  • Special Purpose Entity/Separateness
  • Special Purpose Entity
  • Single Purpose

Parent Clauses

  • Affirmative Covenants
  • REPRESENTATIONS AND WARRANTIES OF SELLER
  • AFFIRMATIVE COVENANTS OF THE BORROWER
  • Representations and Warranties
  • PAYMENTS

Sub-Clauses

  • ADDITIONAL STOCK AND TRANSFERS OF STOCK
  • MERGERS OR ACQUISITIONS
  • AMENDMENTS
  • ERISA COMPLIANCE
  • SALE OF ASSETS
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