Application of Payments Received by Lender. Any sums of money Lender receives from or for the account of Borrower may be applied by Lender to reduce any of the Obligations or any other liability of Borrower to Lender, as Lender in Lender’s sole discretion deems appropriate.
Appears in 4 contracts
Samples: Guaranty Agreement (GTJ REIT, Inc.), Guaranty Agreement (GTJ REIT, Inc.), Guaranty Agreement (GTJ REIT, Inc.)
Application of Payments Received by Lender. Any sums of money Lender receives from or for the account of Borrower (other than regular installment payments under the Note when Borrower is not in default under any of the Loan Documents) may be applied by Lender to reduce any of the Obligations or any other liability of Borrower to Lender, as Lender in Lender’s sole discretion deems appropriate.
Appears in 3 contracts
Samples: Guaranty Agreement (Hemcure Inc), Guaranty Agreement (Hemcure Inc), Guaranty Agreement (Hemcure Inc)
Application of Payments Received by Lender. Any sums of money Lender receives from or for the account of Borrower may be applied by Lender to reduce any of the Obligations or any other liability of Borrower to Lender, as Lender in Lender’s sole discretion deems appropriate.
Appears in 3 contracts
Samples: Guaranty Agreement (Griffin Capital Essential Asset REIT II, Inc.), Recourse Carve Out Guaranty Agreement (Griffin Capital Essential Asset REIT, Inc.), Conditional Consent Agreement (Hudson Pacific Properties, Inc.)
Application of Payments Received by Lender. Any sums of money Lender receives from or for the account of Borrower may be applied by Lender to reduce any of the Obligations or any other liability of Borrower to Lender, as Lender in Lender’s sole 's discretion deems appropriate.
Appears in 2 contracts
Samples: Limited Guaranty Agreement (Sonesta International Hotels Corp), Limited Guaranty Agreement (Sonesta International Hotels Corp)
Application of Payments Received by Lender. Any sums of money Lender receives from or for the account of Borrower may be applied by Lender to reduce any of the Obligations or any other liability of Borrower to Lender, as Lender in Lender’s sole discretion deems appropriate. The expenses of any Sale shall be applied as provided in Section 7.7(c) of the Mortgage.
Appears in 1 contract
Application of Payments Received by Lender. Any sums of money Lender receives from or for the account of Borrower (other than regular installment payments under the Note when Borrower is not in default under any of the Loan Documents) may be applied by Lender to reduce any of the Obligations or any other liability of Borrower to Lender, as Lender Lender, in Lender’s sole discretion and absolute discretion, deems appropriate.
Appears in 1 contract
Samples: Guaranty Agreement (Hemcure Inc)
Application of Payments Received by Lender. Any sums of money Lender receives from or for the account of Borrower may shall be applied by Lender to reduce any of the Obligations or any other liability of Borrower to Lender, as Lender in Lender’s sole 's discretion deems appropriate.
Appears in 1 contract
Samples: Indus International Inc
Application of Payments Received by Lender. Any sums of money ------------------------------------------ Lender receives from or for the account of Borrower may be applied by Lender to reduce any of the Obligations or any other liability of Borrower to Lender, as Lender in Lender’s sole 's discretion deems appropriate.
Appears in 1 contract
Application of Payments Received by Lender. Any sums of money Lender receives from or for the account of any Borrower may be applied by Lender to reduce any of the Obligations or any other liability of any Borrower to Lender, as Lender Lender, in Lender’s sole discretion discretion, deems appropriate.
Appears in 1 contract
Samples: Guaranty Agreement (GTJ REIT, Inc.)
Application of Payments Received by Lender. Any sums of money Lender receives from or for the account of Borrower the Borrowers may be applied by Lender to reduce any of the Obligations or any other liability of Borrower the Borrowers to Lender, as Lender in Lender’s sole discretion deems appropriate.
Appears in 1 contract
