Borrower-Lender Relationship. The relationship between Borrower and Lender created hereby and by the other Loan Documents shall be that of a borrower and a lender only, and in no event shall Lender be deemed to be a partner of, or a joint venturer with, Borrower.
Appears in 8 contracts
Samples: Loan Agreement (Pro Dex Inc), Loan Agreement (Grubb & Ellis Healthcare REIT II, Inc.), Loan Agreement (Prospect Medical Holdings Inc)
Borrower-Lender Relationship. The relationship between Borrower Borrower, Agent and Lender Lenders created hereby and by the other Loan Documents shall be that of a borrower and a lender only, and in no event shall Agent or any Lender be deemed to be a partner of, or a joint venturer with, Borrower.
Appears in 4 contracts
Samples: Credit Agreement (Saul Centers Inc), Revolving Credit Agreement (Saul Centers Inc), Revolving Credit Agreement (Saul Centers Inc)
Borrower-Lender Relationship. The relationship between the Borrower and the Lender created hereby and by the other Loan Documents shall be that of a borrower and a lender only, and in no event shall the Lender be deemed to be a partner of, or a joint venturer with, the Borrower.
Appears in 2 contracts
Samples: Construction Loan Agreement (Campus Crest Communities, Inc.), Construction Loan Agreement (Campus Crest Communities, Inc.)
Borrower-Lender Relationship. The relationship between Borrower and Lender created hereby and by the other Loan Documents shall be that of a borrower and a lender only, and in no event shall Lender be deemed to be a partner of, or a joint venturer with, Borrower with respect to the Loan. Lender’s actions with respect to the Loan shall not be limited or subject to a member’s duty or obligation as a member of the Borrower, to the maximum extent as allowed by law.
Appears in 1 contract
Borrower-Lender Relationship. The relationship between Borrower and Lender Lenders created hereby and by the other Loan Documents shall be that of a borrower and a lender only, and in no event shall any Lender be deemed to be a partner of, or a joint venturer with, Borrower.
Appears in 1 contract
Samples: Master Construction and Term Loan Agreement (Life Time Fitness Inc)
Borrower-Lender Relationship. The relationship between Borrower and Lender created hereby and by the other Loan Documents shall be that of a borrower and a lender only, and in no event shall Lender be deemed to be a partner of, or a joint venturer with, Borrower; provided, however, that Borrower and Lender hereby acknowledge that Lender is the sole holder of common stock in Borrower.
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