Borrower Acknowledgments. Each Borrower hereby acknowledges to and agrees with Lender that (i) the scope of Lender’s business is wide and includes, but is not limited to, financing, real estate financing, investment in real estate and other real estate transactions which may be viewed as adverse to or competitive with the business of such Borrower or its Affiliates and (ii) such Borrower has been represented by competent legal counsel and such Borrower has consulted with such counsel prior to executing this Loan Agreement and of the other Loan Documents.
Appears in 13 contracts
Samples: Loan Agreement, Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
Borrower Acknowledgments. Each Borrower hereby acknowledges to and agrees with Lender that (i) the scope of Lender’s 's business is wide and includes, but is not limited to, financing, real estate financing, investment in real estate and other real estate transactions which may be viewed as adverse to or competitive with the business of such Borrower or its Affiliates and (ii) such Borrower has and its Affiliates have been represented by competent legal counsel and such Borrower has have consulted with such counsel prior to executing this Loan Agreement and of the other Loan Documents.
Appears in 5 contracts
Samples: Loan Agreement (Lazard Freres Real Estate Investors LLC), Loan Agreement (Lazard Freres Real Estate Investors LLC), Loan Agreement (Lazard Freres Real Estate Investors LLC)
Borrower Acknowledgments. Each Borrower hereby acknowledges to and agrees with Lender that (i) the scope of Lender’s 's business is wide and includes, but is not limited to, financing, real estate financing, investment in real estate and other real estate transactions which may be viewed as adverse to or competitive with the business of such Borrower or its Affiliates and (ii) such Borrower has been represented by competent legal counsel and such Borrower has consulted with such counsel prior to executing this Loan Agreement and of the other Loan Documents.
Appears in 4 contracts
Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
Borrower Acknowledgments. Each Borrower hereby acknowledges to and agrees with Lender that (i) the scope of Lender’s 's business is wide and includes, but is not limited to, financing, real estate financing, investment in real estate and other real estate transactions which may be viewed as adverse to or competitive with the business of such Borrower or its Affiliates and (ii) such Borrower has been represented by competent legal counsel and such Borrower has consulted with such counsel prior to executing this Loan Agreement and of the other Loan Documents.
Appears in 3 contracts
Samples: Loan Agreement (Alternative Living Services Inc), Loan Agreement (Alternative Living Services Inc), Loan Agreement (Hallwood Realty Partners L P)
Borrower Acknowledgments. Each Borrower hereby acknowledges to and agrees with Lender that (i) the scope of Lender’s 's business is wide and includes, but is not limited to, financing, real estate financing, investment in real estate and other real estate transactions which may be viewed as adverse to or competitive with the business of such Borrower or its Affiliates and (ii) such Borrower has been represented by competent legal counsel and such Borrower has consulted with such counsel prior to executing this Loan Agreement and any of the other Loan Documents.
Appears in 2 contracts
Samples: Loan Agreement (Mark Centers Trust), Loan Agreement (Burnham Pacific Properties Inc)
Borrower Acknowledgments. Each Borrower hereby acknowledges to and agrees with Lender that (i) the scope of Lender’s 's business is wide and includes, but is not limited to, financing, real estate financing, investment in real estate and other real estate transactions which may be viewed as adverse to or 95 competitive with the business of such Borrower or its Affiliates and (ii) such Borrower has been represented by competent legal counsel and such Borrower has consulted with such counsel prior to executing this Loan Agreement and of the other Loan Documents.
Appears in 2 contracts
Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
Borrower Acknowledgments. Each Borrower hereby acknowledges to and agrees with Lender that (i) the scope of Lender’s business is wide and includes, but is not limited to, financing, real estate financing, investment in real estate and other real estate transactions which may be viewed as adverse to or competitive with the business of such Borrower or its Affiliates and (ii) such Borrower has been represented by competent legal counsel and such Borrower has consulted with such counsel prior to executing this Loan Agreement and of the other Loan Documents.
Appears in 1 contract
Borrower Acknowledgments. Each Borrower hereby acknowledges to and agrees with Lender that (i) the scope of Lender’s 's business is wide and includes, but is not limited to, financing, real estate financing, mezzanine financing, investment in real estate and other real estate transactions which may be viewed as adverse to or competitive with the business of such Borrower or its Affiliates and (ii) such Borrower has been represented by competent legal counsel and such Borrower has consulted with such counsel prior to executing this Loan Agreement and of the other Loan Documents.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)
Borrower Acknowledgments. Each Borrower hereby acknowledges to and agrees with Lender that (i) the scope of Lender’s 's business is wide and includes, but is not limited to, financing, real estate financing, investment in real estate and other real estate transactions which may be viewed as adverse to or competitive with the business of such Borrower or its Affiliates and (ii) such Borrower has been represented by competent legal counsel and such Borrower has consulted with such counsel prior to executing this Loan Agreement and of the other Loan Documents.has
Appears in 1 contract
Borrower Acknowledgments. Each Borrower hereby acknowledges to and agrees with Lender that (i) the scope of Lender’s 's business is wide and includes, but is not limited to, financing, real estate financing, investment in real estate and other real estate transactions which may be viewed as adverse to or competitive with the business of such Borrower or its Affiliates and (ii) such Borrower has been represented by competent legal counsel and such Borrower has consulted with such counsel prior to executing this Loan Agreement and of the other Loan Documents.
Appears in 1 contract
Samples: Loan Agreement (Lf Strategic Realty Investors Ii L P)
Borrower Acknowledgments. Each Borrower hereby acknowledges to ------------------------ and agrees with Lender that (i) the scope of Lender’s 's business is wide and includes, but is not limited to, financing, real estate financing, investment in real estate and other real estate transactions which may be viewed as adverse to or competitive with the business of such Borrower or its Affiliates and (ii) such Borrower has been represented by competent legal counsel and such Borrower has consulted with such counsel prior to executing this Loan Agreement and of the other Loan Documents.
Appears in 1 contract
Samples: Loan Agreement (G&l Realty Corp)
