Sole Purpose. Holdings has been formed solely for the purpose of holding the equity of the Borrower and engaging in transactions contemplated by this Agreement, and has not engaged in any other business activity. Holdings has no Indebtedness. Holdings is not party to any agreements other than this Agreement, the other Transaction Documents and other agreements in the ordinary course of business.
Appears in 3 contracts
Sources: Loan and Servicing Agreement (KKR Real Estate Finance Trust Inc.), Loan and Servicing Agreement (KKR Real Estate Finance Trust Inc.), Loan and Servicing Agreement (KKR Real Estate Finance Trust Inc.)