Agent and the Lenders Not Responsible. The exercise by Agent or any Lender of any one or more of the rights and remedies set forth in this Section 4 shall not operate or be deemed (i) to place upon Agent or any Lender any responsibility for the operation, control, care, service, management, maintenance or repair of the Property, or (ii) make Agent or any Lender the “owner” or “operator” of the Property or a “responsible party” within the meaning of any of the Environmental Legal Requirements.
Appears in 4 contracts
Samples: Environmental Compliance and Indemnity Agreement (Wheeler Real Estate Investment Trust, Inc.), Environmental Compliance and Indemnity Agreement (Cedar Realty Trust, Inc.), Loan Agreement (Cedar Realty Trust, Inc.)
Agent and the Lenders Not Responsible. The exercise by Agent or any Lender of any one or more of the rights and remedies set forth in this Section 4 shall not operate or be deemed (i) to place upon Agent or any Lender any responsibility for the operation, control, care, service, management, maintenance or repair of the Property, Property or (ii) make Agent or any Lender the “"owner” " or “"operator” " of the Property or a “"responsible party” " within the meaning of any of the Environmental Legal RequirementsLaws.
Appears in 2 contracts
Samples: Credit Agreement (MVP REIT, Inc.), Credit Agreement (MVP REIT II, Inc.)
Agent and the Lenders Not Responsible. The exercise by Agent or any Lender of any one or more of the rights and remedies set forth in this Section 4 shall not operate or be deemed (ia) to place upon Agent or any Lender any responsibility for the operation, control, care, service, management, maintenance or repair of the Property, Property or (iib) make Agent or any Lender the “owner” or “operator” of the Property or a “responsible party” within the meaning of any of the Environmental Legal RequirementsLaws.
Appears in 1 contract
Samples: Environmental Indemnity Agreement (Moody National REIT II, Inc.)
Agent and the Lenders Not Responsible. The exercise by Agent or any Lender of any one or more of the rights and remedies set forth in this Section 4 shall not operate or be deemed (ia) to place upon Agent or any Lender any responsibility for the operation, control, care, service, management, maintenance or repair of the Property, Property or (iib) make Agent or any Lender the “"owner” " or “"operator” " of the Property or a “"responsible party” " within the meaning of any of the Environmental Legal Requirements.
Appears in 1 contract
Agent and the Lenders Not Responsible. The exercise by Agent or any Lender of any one or more of the rights and remedies set forth in this Section 4 shall not operate or be deemed (ia) to place upon Agent or any Lender any responsibility for the operation, control, care, service, management, maintenance or repair of the Property, or (iib) make Agent or any Lender the “"owner” " or “"operator” " of the Property or a “"responsible party” " within the meaning of any of the Environmental Legal Requirements.
Appears in 1 contract
Samples: Environmental Compliance and Indemnity Agreement (Cedar Shopping Centers Inc)
