Structure of Borrower. (a) The Persons set forth on Exhibit E annexed hereto are the sole partners or members of Borrower and have the legal and beneficial ownership interests in Borrower set forth therein, and (b) the shareholders of the SPE Entity set forth on Exhibit E annexed hereto are the sole shareholders of the SPE Entity and have the legal and beneficial ownership interests in Borrower set forth therein. The ownership structure of Borrower and the SPE Entity for the term of the Loan shall remain the same as set forth in Exhibit E annexed hereto.
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Sources: Loan Agreement (Golf Ventures Inc), Loan Agreement (Golf Ventures Inc)
Structure of Borrower. (a) The Persons set forth on Exhibit E G annexed hereto are the sole partners or members of Borrower and have the legal and beneficial ownership interests in Borrower set forth therein, and (b) the shareholders of the SPE Entity set forth on Exhibit E G annexed hereto are the sole shareholders of the SPE Entity and have the legal and beneficial ownership interests in Borrower set forth therein. The ownership structure of Borrower and the SPE Entity for the term of the Loan shall remain the same as set forth in Exhibit E G annexed hereto.
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