SPE Provisions definition
Examples of SPE Provisions in a sentence
In the event of any conflict between any of the SPE Provisions and any other provision contained in this Agreement or in the Certificate of Formation, the SPE Provisions control.
If Borrower ceases to be a Special Purpose Bankruptcy Remote Entity, the Organizational Documents of a Property Owner or Intervening Entity cease to include SPE Provisions or a Property Owner or Intervening Entity ceases to comply with the SPE Provisions in its Organizational Documents.
Master Tenant shall comply with the SPE Provisions, and shall not amend them without Lender’s prior written consent.
The parties hereto agree to be bound by, and not to take any action in circumvention of, the SPE Provisions.
The beneficial owners of any Trust into which the Partnership has transferred Mortgage Assets are intended third-party beneficiaries of this Agreement and may enforce the SPE Provisions.