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2Q1oooi4~ <br />Total Paydown Amount as partial compensation for the transactions contemplated <br />hereby and not as a payment with respect to the Note. <br />(h) The term "Pa down Make-Whole Premium" shall mean the Make-Whole <br />Premium (as defined in and calculated in accordance with the terms of the Note) <br />calculated on the Paydown Amount. The term "Interest Accrual" shall mean an <br />amount equal to the interest scheduled to accrue on the Notes from the date <br />through which interest thereon has been paid to the beginning of the Paydown <br />Period, and (y) the "Interim Interest Fee" shall mean an amount equal to the <br />interest on the Notes which would have accrued on the Notes during the Paydown <br />Period if the Paydown Amount had not been paid. <br />(i) The "Transferee Documents" shall mean the following: <br />(i) a certificate of New Borrower or the new beneficial Borrower of <br />Borrower, whichever is applicable, attaching true and complete copies of <br />New Borrower's organizational documents and authorizing resolutions <br />and certifying that all of the representations and warranties set forth in the <br />respective Loan Documents, the Lease and all other documents related <br />thereto to which New Borrower has become a party are true and correct as <br />of the Payup Date; <br />(ii) good standing certificates from the Secretary of State of the state in which <br />the New Borrower is organized and for the New Borrower from the State <br />where the Premises is located; <br />(iii) an incumbency certificate of New Borrower setting forth the authorized <br />signatories of New Borrower with specimen signatures; <br />(iv) an opinion of outside counsel to New Borrower as to the enforceability of <br />the Loan Documents and the Lease against New Borrower in a form and <br />content substantially identical to the opinions of Borrower delivered in <br />connection with the execution and delivery of this Security Instrument, it <br />being understood that if the transaction involves a new beneficial owner of <br />Borrower, no opinion shall be required to be delivered pursuant to this <br />subparagraph (iv); <br />(v) an opinion of outside counsel to New Borrower as to the substantive non- <br />consolidation of New Borrower with any of its direct or indirect partners, <br />members, shareholders or controlling persons, in a form and content <br />reasonably satisfactory to Lender's counsel (the form ofnon-consolidation <br />opinion delivered upon the closing of the loan secured hereby shall be <br />deemed satisfactory); and <br />(vi) an officer's certificate of New Borrower setting forth compliance with the <br />single purpose entity requirements set forth in the paragraph 20 hereof and <br />representing that neither New Borrower nor any of its direct or indirect <br />Borrowers is a Person described or designated in the Specially Designated <br />-32- <br />