Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Borrower hereby represents, warrants and covenants that Borrower and each SPE Entity is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 7 contracts
Samples: Loan and Security Agreement (Toys R Us Inc), Loan and Security Agreement (Toys R Us Inc), Loan and Security Agreement (Digital Realty Trust, Inc.)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Borrower hereby represents, warrants and covenants that Borrower and each SPE Entity is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 3 contracts
Samples: Loan and Security Agreement (KBS Real Estate Investment Trust, Inc.), Loan and Security Agreement (American Financial Realty Trust), Loan and Security Agreement (American Financial Realty Trust)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Borrower hereby represents, warrants and covenants that each of Borrower and each SPE Entity Member is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 1 contract
Samples: Loan and Security Agreement (Maguire Properties Inc)
Single Purpose Entity/Separateness. (a) Until the Indebtedness has been paid in full, Borrower hereby represents, warrants and covenants that Borrower and each SPE Entity is, shall be, and shall continue to be, a Single Purpose Entity.
Appears in 1 contract
Samples: Loan and Security Agreement (Ashford Hospitality Trust Inc)
