Maintain Single Purpose Entity Status Sample Clauses

Maintain Single Purpose Entity Status. (a) Engage in any business or activity other than the ownership, operation and maintenance of the Mortgaged Property, and activities incidental thereto;
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Maintain Single Purpose Entity Status a. Dissolve or terminate or materially amend the terms of its certificate of incorporation, articles of organization, operating agreement or partnership agreement, as applicable, the terms of which require Borrower to be a Single-Purpose Entity;
Maintain Single Purpose Entity Status. (a) Merge into or consolidate with any Person or dissolve, terminate or liquidate in whole or in part, transfer or otherwise dispose of all or substantially all of its assets (permitted in the Loan Documents) or change its legal structure, without in each case Mezzanine
Maintain Single Purpose Entity Status. Maintain compliance with those certain Single Purpose Entity covenants described in Section 5.4 of the First Mortgage Loan Agreement.
Maintain Single Purpose Entity Status. (i) It shall not engage in any business other than as contemplated hereunder and under the other Loan Documents or any activity other than as contemplated by, or otherwise necessary to perform its obligations under, this Agreement and the other Loan Documents;
Maintain Single Purpose Entity Status. (a) Borrowers shall not:
Maintain Single Purpose Entity Status. As to Borrower and Sxxxxx Xx.:
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Maintain Single Purpose Entity Status. (a) Engage in any business or activity other than the ownership, operation and maintenance of the Related Facilities, and activities incidental thereto;
Maintain Single Purpose Entity Status. (a) Engage in any business or activity other than the ownership, maintenance, and operations, pursuant to the Lease, as applicable, of the Property, and activities incidental thereto;
Maintain Single Purpose Entity Status. Engage in any business or activity other than the ownership, operation and maintenance of the Mortgaged Property, and activities incidental thereto; Acquire or own any material assets other than (i) the Mortgaged Property, and (ii) such incidental machinery, equipment, fixtures and other personal property as may be necessary for the operation of the Mortgaged Property; Merge into or consolidate with any Person or dissolve, terminate or liquidate in whole or in part, transfer or otherwise dispose of all or substantially all of its assets (except as permitted in the Loan Documents) or change its legal structure, without in each case Lender’s consent;
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