Common use of Single-Purpose Entity Clause in Contracts

Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor to be a Single-Purpose Entity for at least as long as the Mortgage Loan is outstanding. Both the Loan

Appears in 33 contracts

Sources: Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2018-B2), Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2016-P5), Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2016-P5)

Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor to be a Single-Purpose Entity for at least as long as the Mortgage Loan is outstanding. Both the Loanthe

Appears in 14 contracts

Sources: Mortgage Loan Purchase Agreement, Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2018-H3), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2018-H3)

Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor to be a Single-Purpose Entity for at least as long as the Mortgage Loan is outstanding. Both Each Mortgage Loan with 33a Review the LoanMortgage Loan Documents for provisions that require that the Mortgagor to be a Single-Purpose Entity (as defined in representation and warranty 33) Mortgage Loan Documents

Appears in 11 contracts

Sources: Pooling and Servicing Agreement (Benchmark 2025-V18 Mortgage Trust), Pooling and Servicing Agreement (BMO 2025-C13 Mortgage Trust), Pooling and Servicing Agreement (Bank5 2025-5yr17)

Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor to be a Single-Purpose Entity for at least as long as the Mortgage Loan is outstanding. Both the LoanMortgage Loan documents and the organizational documents of the Mortgagor with

Appears in 3 contracts

Sources: Mortgage Loan Purchase Agreement (Benchmark 2022-B35 Mortgage Trust), Mortgage Loan Purchase Agreement (JPMDB Commercial Mortgage Securities Trust 2020-Cor7), Mortgage Loan Purchase Agreement (JPMCC Commercial Mortgage Securities Trust 2016-Jp2)

Single-Purpose Entity. Each Mortgage Loan requires the related Mortgagor to be a Single-Purpose Entity for at least as long as the related Mortgage Loan is outstanding. Both the LoanMortgage Loan documents and the organizational documents of the Mortgagor with respect

Appears in 2 contracts

Sources: Mortgage Loan Purchase Agreement (BMO 2024-5c3 Mortgage Trust), Mortgage Loan Purchase Agreement (Benchmark 2021-B27 Mortgage Trust)

Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor to be a Single-Purpose Entity for at least as long as the related Mortgage Loan is outstanding. Both the Loan

Appears in 2 contracts

Sources: Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2020-Gc46), Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2020-Gc46)

Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor to be a Single-Purpose Entity for at least as long as the Mortgage Loan is outstanding. Both the LoanEach

Appears in 1 contract

Sources: Mortgage Loan Purchase Agreement (Benchmark 2023-B40 Mortgage Trust)

Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor related Borrower to be a Single-Purpose Entity for at least as long as the related Mortgage Loan is outstanding. Both the LoanLoan Documents and the organizational documents of the Borrower with respect

Appears in 1 contract

Sources: Mortgage Loan Purchase Agreement (Benchmark 2024-V5 Mortgage Trust)

Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor Borrower to be a Single-Purpose Entity for at least as long as the Mortgage Loan is outstanding. Both the LoanLoan Documents and the organizational documents of the Borrower with respect to each

Appears in 1 contract

Sources: Mortgage Loan Purchase Agreement (Benchmark 2024-V5 Mortgage Trust)

Single-Purpose Entity. Each Mortgage Loan that requires the Mortgagor to be a Single-Purpose Entity, requires such Mortgagor to be a Single-Purpose Entity for at least as long as the such Mortgage Loan is outstanding. Both the LoanLoan Documents and the organizational

Appears in 1 contract

Sources: Master Repurchase Agreement (Angel Oak Mortgage, Inc.)