Wholly Owned Subsidiary. As to the Borrower or REIT, any Subsidiary of the Borrower or REIT that is directly or indirectly owned one hundred percent (100%) by the Borrower or REIT, as applicable.
Appears in 6 contracts
Sources: Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (MedEquities Realty Trust, Inc.)
Wholly Owned Subsidiary. As to the Borrower or REIT, any Subsidiary of the Borrower or REIT that is directly or indirectly owned one hundred percent (100%) by the Borrower or REIT, as applicablerespectively.
Appears in 6 contracts
Sources: Credit Agreement (GTJ Reit, Inc.), Credit Agreement (GTJ Reit, Inc.), Credit Agreement (Four Springs Capital Trust)
Wholly Owned Subsidiary. As to the Borrower or the REIT, any Subsidiary of the Borrower or the REIT that is directly or indirectly owned one hundred percent (100%) by the Borrower or the REIT, as applicablerespectively; provided, however, that for all purposes under this Agreement, the Borrower shall be deemed to be a Wholly-Owned Subsidiary of the REIT.
Appears in 1 contract
Sources: Credit Agreement (Monogram Residential Trust, Inc.)
Wholly Owned Subsidiary. As to the Borrower or the REIT, any Subsidiary of the Borrower or the REIT that is directly or indirectly owned one hundred percent (100%) by the Borrower or the REIT, as applicablerespectively.
Appears in 1 contract
Sources: Credit Agreement (Modiv Inc.)