Common use of Wholly Owned Subsidiary Clause in Contracts

Wholly Owned Subsidiary. As to the Borrower or REIT, any Subsidiary of the Borrower or REIT that is directly or indirectly owned one hundred percent (100%) by the Borrower or REIT, respectively.

Appears in 6 contracts

Samples: Credit Agreement (Four Springs Capital Trust), Term Loan Agreement (Four Springs Capital Trust), Credit Agreement (GTJ REIT, Inc.)

AutoNDA by SimpleDocs

Wholly Owned Subsidiary. As to the Borrower or REIT, any Subsidiary of the Borrower or REIT that is directly or indirectly owned one hundred percent (100%) by the Borrower or REIT, respectivelyas applicable.

Appears in 6 contracts

Samples: Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (MedEquities Realty Trust, Inc.)

Wholly Owned Subsidiary. As to the Borrower or the REIT, any Subsidiary of the Borrower or the REIT that is directly or indirectly owned one hundred percent (100%) by the Borrower or the REIT, respectively; provided, however, that for all purposes under this Agreement, the Borrower shall be deemed to be a Wholly-Owned Subsidiary of the REIT.

Appears in 1 contract

Samples: Credit Agreement (Monogram Residential Trust, Inc.)

AutoNDA by SimpleDocs

Wholly Owned Subsidiary. As to the Borrower or the REIT, any Subsidiary of the Borrower or the REIT that is directly or indirectly owned one hundred percent (100%) by the Borrower or the REIT, respectively.

Appears in 1 contract

Samples: Credit Agreement (Modiv Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.