Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that Mezzanine Borrower, Mortgage Borrower and each SPE Entity is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 8 contracts
Samples: Mezzanine Loan and Security Agreement (Toys R Us Inc), Mezzanine Loan and Security Agreement (Toys R Us Inc), Mezzanine Loan and Security Agreement (Toys R Us Inc)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that each of Mezzanine Borrower, Mortgage Borrower and each SPE Entity is, shall be, and shall continue to behas been since the date of its respective formation, a Single Purpose EntityEntity and has not, since the date of its respective formation, conducted any business and owned any property whatsoever, except as specifically described in the Non-Consolidation Opinion.
Appears in 2 contracts
Samples: Mezzanine Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Mezzanine Loan and Security Agreement (Strategic Hotels & Resorts, Inc)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that Mezzanine Borrower, Mortgage Borrower each of the Mezzanine Borrowers and each other SPE Entity is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 1 contract
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that Mezzanine Borrower, Borrower and Mortgage Borrower and each SPE Entity isare, shall be, and shall continue to be, a Single Purpose EntityEntities.
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Maguire Properties Inc)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that Mezzanine Borrower, Senior Mezzanine Borrower, Mortgage Borrower, each Junior Mezzanine Borrower and each other SPE Entity is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that Mezzanine Borrower, Senior Tier Mezzanine Borrower and Mortgage Borrower and each SPE Entity isare, shall be, and shall continue to be, a Single Purpose EntityEntities.
Appears in 1 contract
Samples: Junior Tier Mezzanine Loan and Security Agreement (Maguire Properties Inc)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that each of Mezzanine Borrower, each Senior Mezzanine Borrower and Mortgage Borrower and each SPE Entity is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that Mezzanine Borrower, Mortgage Borrower and each SPE Entity of the Mezzanine Borrowers is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 1 contract
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that each of Mezzanine Borrower, Borrower and Mortgage Borrower and each SPE Entity is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that each of Mezzanine Borrower, each Senior Mezzanine Borrower, and Mortgage Borrower and each SPE Entity is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that each of Mezzanine Borrower, Senior Mezzanine Borrower and Mortgage Borrower and each SPE Entity is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that Mezzanine Borrower, Mortgage Borrower and each other SPE Entity is, shall be, be and shall continue to be, be a Single Purpose Entity.
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Digital Realty Trust, Inc.)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that Mezzanine Borrower, each Senior Mezzanine Borrower, Mortgage Borrower, each Junior Mezzanine Borrower and each other SPE Entity is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Mezzanine Borrower hereby represents, warrants and covenants that Mezzanine Borrower, Mortgage Borrower, each Junior Mezzanine Borrower and each other SPE Entity is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)
