Common use of Consent of Lender Clause in Contracts

Consent of Lender. Subject to the terms of this Agreement, Lender hereby consents to the Requested Actions. Each of Borrower Parties, Original Indemnitor (as defined in the Joinder by and Agreement of Original Indemnitor (the “Original Indemnitor Joinder”)) and New Indemnitor (as defined in the Joinder by and Agreement of New Indemnitor (the “New Indemnitor Joinder”)) agrees that neither this Agreement nor Lender’s consent to the Requested Actions shall be deemed Lender’s consent or a waiver of Lender’s right to consent to any other action requiring Lender consent under the Loan Documents that may be contained in any of the documents or items delivered to Lender in connection with the Requested Actions, whether or not such documents or items were reviewed and/or accepted by Lender. Moreover, neither this Agreement nor Lender’s consent to the Requested Actions shall constitute a modification of any of the terms or conditions of the Loan Documents, except as expressly provided for in this Agreement.

Appears in 1 contract

Samples: Note and Mortgage Assumption Agreement (Independence Realty Trust, Inc)

AutoNDA by SimpleDocs

Consent of Lender. Subject to the terms of this Agreement, Lender hereby consents to the Requested Actions. Each of Borrower Parties, Original Current Indemnitor (as defined in the Joinder by and Agreement of Original Current Indemnitor attached hereto (the “Original "Current Indemnitor Joinder")) and New Indemnitor (as defined in the Joinder by and Agreement of New Indemnitor (the “New Indemnitor Joinder”)hereinafter defined) agrees agree that neither this Agreement nor Lender’s consent to the Requested Actions shall be deemed Lender’s consent or a waiver of Lender’s right to consent to any other action requiring Lender consent under the Loan Documents that may be contained in any of the documents or items delivered to Lender in connection with the Requested Actions, whether or not such documents or items were reviewed and/or accepted by Lender. Moreover, neither Neither this Agreement nor LenderXxxxxx’s consent to the Requested Actions shall constitute a modification of any of the terms or conditions of the Loan Documents, except as expressly provided for in this AgreementSection 3.1 hereof.

Appears in 1 contract

Samples: Note and Mortgage Assumption Agreement (Alexander & Baldwin, Inc.)

Consent of Lender. Subject to the terms of this Agreement, Lender hereby consents to the Requested Actions. Each of Borrower Parties, Original Indemnitor (as defined in the Joinder by and Agreement of Original Indemnitor attached hereto (the “Original Indemnitor Joinder”)) and an New Indemnitor (as defined in the Joinder by and Agreement of New Indemnitor attached hereto (the “New Indemnitor Joinder”)) agrees that neither this Agreement nor Lender’s 's consent to the Requested Actions shall be deemed Lender’s 's consent or a waiver of Lender’s 's right to consent to any other action requiring Lender consent under the Loan Documents that may be contained in any of the documents or items delivered to Lender in connection with the Requested Actions, whether or not such documents or items were reviewed and/or accepted by Lender. Moreover, neither this Agreement nor Lender’s 's consent to the Requested Actions shall constitute a modification of any of the terms or conditions of the Loan Documents, except as expressly provided for in this Agreement.

Appears in 1 contract

Samples: Note and Mortgage Assumption Agreement (Bluerock Residential Growth REIT, Inc.)

AutoNDA by SimpleDocs

Consent of Lender. Subject to the terms of this Agreement, Lender hereby consents to the Requested Actions. Each of Borrower Parties, Original Current Indemnitor (as defined in the Joinder by and Agreement of Original Current Indemnitor attached hereto (the “Original "Current Indemnitor Joinder")) and New Indemnitor (as defined in the Joinder by and Agreement of New Indemnitor (the “New Indemnitor Joinder”)hereinafter defined) agrees agree that neither this Agreement nor Lender’s consent to the Requested Actions shall be deemed Lender’s consent or a waiver of Lender’s right to consent to any other action requiring Lender consent under the Loan Documents that may be contained in any of the documents or items delivered to Lender in connection with the Requested Actions, whether or not such documents or items were reviewed and/or accepted by Lender. Moreover, neither Neither this Agreement nor Lender’s consent to the Requested Actions shall constitute a modification of any of the terms or conditions of the Loan Documents, except as expressly provided for in this AgreementSection 3.1 hereof.

Appears in 1 contract

Samples: Note and Mortgage Assumption Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!