Common use of Special Purpose Clause in Contracts

Special Purpose. Without in any way limiting the provisions of this Article IV, Borrower shall not take or permit any action that would result in Borrower or Sole Member not being in compliance with the representations, warranties and covenants set forth in Section 3.1.24.

Appears in 5 contracts

Samples: Mezzanine Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Agreement (American Realty Capital - Retail Centers of America, Inc.), Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

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Special Purpose. Without in any way limiting the provisions of this Article IV4, no Borrower shall not take or permit any action that would result in Borrower any Borrower, SPE Party or Sole Member Operating Lessee not being in compliance with the representations, warranties and covenants set forth in Section 3.1.24.

Appears in 4 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

Special Purpose. Without in any way limiting the provisions of this Article IV4, Borrower shall not take or permit any action that would result in Borrower or Sole Member not being in compliance with the representations, warranties and covenants set forth in Section 3.1.24.

Appears in 3 contracts

Samples: Loan Agreement (O'Donnell Strategic Industrial REIT, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.)

Special Purpose. Without in any way limiting the provisions of this Article IV4, no Borrower shall not take or permit any action that would result in any Borrower or Sole Member not being in compliance with the representations, warranties and covenants set forth in Section 3.1.24.

Appears in 1 contract

Samples: Loan Agreement (Reckson Operating Partnership Lp)

Special Purpose. Without in any way limiting the provisions of this Article IV4, Borrower shall not take or permit any action that would result in Borrower or Sole Member not being in compliance with the representations, warranties and covenants set forth in Section 3.1.24.. EAST\53909776.4

Appears in 1 contract

Samples: Loan Agreement (O'Donnell Strategic Industrial REIT, Inc.)

Special Purpose. Without in any way limiting the provisions of this Article IV4, Borrower shall not take or permit any action that would result in Borrower or Sole Member not being in compliance with the representations, warranties and covenants set forth in Section 3.1.24.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Special Purpose. Without in any way limiting the provisions of this Article IV, Borrower shall not take or permit any action that would result in Borrower or Sole Member any SPC Party not being in compliance in all material respects with the representations, warranties and covenants set forth in Section 3.1.24.

Appears in 1 contract

Samples: Loan Agreement (Morgans Hotel Group Co.)

Special Purpose. Without in any way limiting the provisions of this Article IV4, Borrower shall not take or permit any action that would result in Borrower or Sole Member any SPC Party not being in compliance with the representations, warranties and covenants set forth in Section 3.1.24.

Appears in 1 contract

Samples: Loan Agreement (United Realty Trust Inc)

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Special Purpose. Without in any way limiting the provisions of this Article IVARTICLE 4, no Borrower shall not take or permit any action that would result in any Borrower or Sole Equity Member not being in compliance with the representations, warranties and covenants set forth in Section SECTION 3.1.24.

Appears in 1 contract

Samples: Loan Agreement (Horizon Group Properties Inc)

Special Purpose. Without in any way limiting the provisions of this Article IV, Borrower shall not take or permit any action that would result in Borrower or Sole Member not being in compliance with the representations, warranties and covenants set forth in Section 3.1.24.Schedule V.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Special Purpose. Without in any way limiting the provisions of this Article IV, Borrower shall not take or permit any action that would result in Borrower or Sole Member not being in compliance with the representations, warranties and covenants set forth in Section 3.1.24.

Appears in 1 contract

Samples: Loan Agreement (Consolidated Tomoka Land Co)

Special Purpose. Without in any way limiting the provisions of this Article IV, Borrower shall not take or permit any action that would result in Borrower or Sole Member Guarantor not being in compliance with the representations, warranties and covenants set forth in Section 3.1.243.1.25.

Appears in 1 contract

Samples: Loan Agreement (Electro Scientific Industries Inc)

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