Common use of Single-Purpose Entity Clause in Contracts

Single-Purpose Entity. Borrower is a Single Purpose Entity.

Appears in 46 contracts

Sources: Loan Agreement (Lowell Farms Inc.), Loan Agreement, Loan Agreement (CNL Healthcare Properties II, Inc.)

Single-Purpose Entity. Borrower is and has at all times since its formation been a Single Purpose Entity.

Appears in 26 contracts

Sources: Loan Agreement, Loan Agreement (Strategic Realty Trust, Inc.), Fixed Rate Term Loan Agreement (RREEF Property Trust, Inc.)

Single-Purpose Entity. Borrower is shall at all times be a Single Purpose Entity.

Appears in 17 contracts

Sources: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust II, Inc.)

Single-Purpose Entity. The failure of any Borrower is to maintain its status as a Single Purpose Entity.

Appears in 4 contracts

Sources: Term Loan Agreement (Wheeler Real Estate Investment Trust, Inc.), Term Loan Agreement (Cedar Realty Trust, Inc.), Term Loan Agreement (Wheeler Real Estate Investment Trust, Inc.)

Single-Purpose Entity. Each Borrower is a Single Purpose Entitysingle purpose entity and complies with the single purpose entity requirements set forth in Section 5.1.14 of this Agreement.

Appears in 4 contracts

Sources: Loan Agreement (GTJ REIT, Inc.), Loan Agreement (GTJ REIT, Inc.), Loan Agreement (GTJ REIT, Inc.)

Single-Purpose Entity. Each Borrower is and has at all times since its formation been a Single Purpose Entity.

Appears in 4 contracts

Sources: Credit Agreement (Emeritus Corp\wa\), Loan Agreement (Ensign Group, Inc), Loan Agreement (Ensign Group, Inc)

Single-Purpose Entity. Borrower is shall at all times be a Single --------------------- Purpose Entity.

Appears in 3 contracts

Sources: Mezzanine Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)

Single-Purpose Entity. Borrower is and has at all times since its respective formation been a Single Purpose Entity.

Appears in 2 contracts

Sources: Term Loan Agreement (Seaport Entertainment Group Inc.), Term Loan Agreement (Instil Bio, Inc.)

Single-Purpose Entity. Borrower is a Single Purpose Asset Entity.

Appears in 2 contracts

Sources: Loan Agreement (Capital Senior Living Corp), Loan Agreement (Capital Senior Living Corp)

Single-Purpose Entity. Each Borrower is and has at all times since its formation been operated as a Single Purpose Entity.

Appears in 1 contract

Sources: Loan Agreement (HMG Courtland Properties Inc)

Single-Purpose Entity. The Borrower is and shall at all times remain a Single Purpose Entity.

Appears in 1 contract

Sources: Senior Loan Agreement (NNN 2002 Value Fund LLC)

Single-Purpose Entity. Borrower is a Single Purpose Entity.. ---------------------

Appears in 1 contract

Sources: Mezzanine Loan Agreement (Capital Senior Living Corp)

Single-Purpose Entity. Each Borrower and each General Partner is a Single Purpose Entity.

Appears in 1 contract

Sources: Credit Agreement (Metropolis Realty Trust Inc)

Single-Purpose Entity. Borrower is and Master Tenant are each a Single Purpose Entity.

Appears in 1 contract

Sources: Loan Agreement (Sunrise Senior Living Inc)

Single-Purpose Entity. Borrower is will at all times be a Single Purpose Entity.

Appears in 1 contract

Sources: Construction Loan Agreement (Great Wolf Resorts, Inc.)

Single-Purpose Entity. Borrower is a satisfies the Single Purpose EntityEntity Requirements.

Appears in 1 contract

Sources: Loan Agreement (Bloomin' Brands, Inc.)