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Common use of Single Purpose Entities Clause in Contracts

Single Purpose Entities. The Westcor Borrowers shall maintain themselves as Single Purpose Entities.

Appears in 3 contracts

Sources: Credit Agreement (Macerich Co), 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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