Common use of SPE Status Clause in Contracts

SPE Status. Evidence, satisfactory to the Administrative Agent, that each of the Borrower and the Parent Guarantor qualifies as a SPE and that the execution and performance by the Loan Parties under the Loan Documents shall not affect such status.

Appears in 2 contracts

Sources: Bridge Credit Agreement (American Financial Realty Trust), Bridge Credit Agreement (American Financial Realty Trust)

SPE Status. Evidence, satisfactory to the Administrative Agent, that each of the Borrower and the Parent each existing Guarantor qualifies as a SPE and that the execution and performance by the Loan Parties under the Loan Documents shall not affect such status.

Appears in 1 contract

Sources: Credit Agreement (American Financial Realty Trust)