Common use of Effect of Lease Approval Clause in Contracts

Effect of Lease Approval. No approval of any lease by Administrative Agent shall be for any purpose other than to protect Lenders’ security, and to preserve Lenders’ rights under the Loan Documents. No approval by Administrative Agent shall result in a waiver of any default of Borrower. In no event shall any approval by Administrative Agent of a lease be a representation of any kind, with regard to the lease or its adequacy or enforceability, or the financial capacity of any tenant or guarantor.

Effect of Lease Approval. No approval of any lease Lease by Administrative Agent shall be for any purpose other than to protect Lenders’ ' security, and to preserve Lenders’ ' rights under the Loan Documents. No approval by Administrative Agent shall result in a waiver of any default of Borrower. In no event shall any approval by Administrative Agent of a lease Lease be a representation of any kind, with regard to the lease Lease or its adequacy or enforceability, or the financial capacity of any tenant Tenant or guarantor.

Effect of Lease Approval. No approval of any lease Lease by Administrative Agent shall be for any purpose other than to protect Lenders’ security, security and to preserve Lenders’ rights under the Loan Documents. No approval by Administrative Agent shall result in a waiver of any default of BorrowerDefault. In no event shall any approval by Administrative Agent of a lease Lease be a representation of any kind, with regard to the lease Lease or its adequacy or enforceability, or the financial capacity of any tenant or guarantor.

Effect of Lease Approval. No approval of any lease by Administrative Agent shall be for any purpose other than to protect Lenders’ ' security, and to preserve Lenders’ ' rights under the Loan Documents. No approval by Administrative Agent shall result in a waiver of any default of Borrower. In no event shall any approval by Administrative Agent of a lease be a representation of any kind, with regard to the lease or its adequacy or enforceability, or the financial capacity of any tenant or guarantor.

Effect of Lease Approval. No approval of any lease by Administrative Agent shall be for any purpose other than to protect Lenders’ security, and to preserve Lenders’ rights under the Loan Documents. No approval by Administrative Agent shall result in a waiver of any default of Borrowereither Borrower or Operating Lessee. In no event shall any approval by Administrative Agent of a lease Lease be a representation of any kind, with regard to the lease Lease or its adequacy or enforceability, or the financial capacity of any tenant or guarantor.

Effect of Lease Approval. No approval of any lease by Administrative Agent shall be for any purpose other than to protect Lenders’ security, and to preserve Lenders’ rights under the Loan Documents. No approval by Administrative Agent shall result in a waiver of any default of Borrower. In no event shall any approval by Administrative Agent of a lease be a representation of any kind, with regard to the lease Lease or its adequacy or enforceability, or the financial capacity of any tenant or guarantor.

Effect of Lease Approval. No approval of any lease Lease by Administrative Agent shall be for any purpose other than to protect Lenders’ security, and to preserve Lenders’ rights under the Loan Documents. No approval by Administrative Agent shall result in a waiver of any default of any Borrower. In no event shall any approval by Administrative Agent of a lease Lease be a representation of any kind, with regard to the lease Lease or its adequacy or enforceability, or the financial capacity of any tenant Tenant or guarantor.