Common use of Ownership of Borrower Clause in Contracts

Ownership of Borrower. As of the date hereof, CBL Holdings I owns an approximate 1.68% general partner interest in the Borrower and CBL Holdings II owns a 52.3% limited partner interest in the Borrower. As of the date hereof, CBL Properties, Inc. does not own a direct interest in Borrower; however, it owns 100% of the stock of CBL Holdings I and CBL Holdings II. As of the date hereof, CBL & Associates, Inc. and its affiliates, officers and key employees own an approximate 15.68% limited partner interest in the Borrower. As of the date hereof, CBL Management, Inc. owns no interest in the Borrower. As of the date hereof, Richard E. Jacobs Group, Inc. owns an approximate 21.41% limited xxxxxxx xxxxxxxx in the Borrower and other investors own an approximate 8.93% limited partner interest in the Borrower The Borrower has no other general partners. As of the date hereof the Borrower and its Affiliates own 100% of the partnership interests in Lakeshore and Towne Mall and 90% of the limited liability company interests of Lakes Mall.

Appears in 3 contracts

Samples: Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc)

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Ownership of Borrower. As of the date hereof, CBL Holdings I owns an approximate 1.681.648% general partner interest in the Borrower and CBL Holdings II owns a 52.353.358% limited partner interest in the Borrower. As of the date hereof, CBL Properties, Inc. Parent does not own a direct interest in Borrower; however, it owns 100% of the stock of CBL Holdings I and CBL Holdings II. As of the date hereof, CBL & Associates, Inc. Parent and its affiliates, officers and key employees own an approximate 15.68% limited partner interest in the Borrower. As of the date hereof, CBL & Associates Management, Inc. owns no interest in the Borrower. As of the date hereof, Richard E. Jacobs Group, Inc. owns an approximate 21.41% limited limixxx xxxxxxx xxxxxxxx xxxxxest in the Borrower and other investors own an approximate 8.93% limited partner interest in the Borrower The Borrower has no other general partners. As of the date hereof the Borrower and its Affiliates own 100% of the partnership interests in Lakeshore and Walnut Square Associates Limited Partnership, Lakeshore, Towne Mall and Vicksburg Mall Associates, Ltd. and 90% of the limited liability company interests of Lakes Mall.

Appears in 1 contract

Samples: Loan Agreement (CBL & Associates Properties Inc)

Ownership of Borrower. As of the date hereof, CBL Holdings I owns an approximate 1.681.648% general partner interest in the Borrower and CBL Holdings II owns a 52.353.358% limited partner interest in the Borrower. As of the date hereof, CBL Properties, Inc. Parent does not own a direct interest in Borrower; however, it owns 100% of the stock of CBL Holdings I and CBL Holdings II. As of the date hereof, CBL & Associates, Inc. Parent and its affiliates, officers and key employees own an approximate 15.68% limited partner interest in the Borrower. As of the date hereof, CBL & Associates Management, Inc. owns no interest in the Borrower. As of the date hereof, Richard E. Jacobs Group, Inc. owns an approximate 21.41% limited xxxxxxx xxxxxxxx in the Borrower and other investors own an approximate 8.93% limited partner interest in the Borrower The Borrower has no other general partners. As of the date hereof the Borrower and its Affiliates own 100% of the partnership interests in Lakeshore and Walnut Square Associates Limited Partnership, Lakeshore, Towne Mall and Vicksburg Mall Associates, Ltd. and 90% of the limited liability company interests of Lakes Mall.

Appears in 1 contract

Samples: Loan Agreement (CBL & Associates Properties Inc)

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Ownership of Borrower. As of the date hereof, CBL Holdings I owns an approximate 1.681.615% general partner interest in the Borrower and CBL Holdings II owns a 52.354.81% limited partner interest in the Borrower. As of the date hereof, CBL Properties, Inc. Parent does not own a direct interest in Borrower; however, it owns 100% of the stock of CBL Holdings I and CBL Holdings II. As of the date hereof, CBL & Associates, Inc. and Inc., its affiliates, officers and key employees own an approximate 15.6815.05% limited partner interest in the Borrower. As of the date hereof, CBL & Associates Management, Inc. owns no interest in the Borrower. As of the date hereof, Richard E. Jacobs Xxxxxxx X. Xxxxxx Group, Inc. owns an approximate 21.4119.75% limited xxxxxxx xxxxxxxx partner interest in the Borrower and other investors own an approximate 8.938.78% limited partner interest in the Borrower Borrower. The Borrower has no other general partners. As of the date hereof the Borrower and its Affiliates own 100% of the partnership interests in Lakeshore Walnut Square Associates Limited Partnership, Citadel Mall DSG, LLC and Towne Mall Laredo/MDN II Limited Partnership and CBL Morristown, Ltd. and 90% of the limited liability company interests of Lakes Mall.

Appears in 1 contract

Samples: Loan Agreement (CBL & Associates Properties Inc)

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