Common use of Funding Lender’s Rights to Control Clause in Contracts

Funding Lender’s Rights to Control. Notwithstanding anything herein to the contrary, pursuant to the Senior Mortgage and Section 6.03 of the Funding Loan Agreement, all acts, consents, approvals and undertakings of Senior Lender hereunder shall be solely at the written direction of the Funding Lender. The parties hereto acknowledge and agree that Funding Lender is a third party beneficiary of this Agreement, with full rights as such. [SIGNATURE AND ACKNOWLEDGMENT PAGES FOLLOW]

Appears in 5 contracts

Samples: Subordination Agreement, Subordination Agreement, Subordination Agreement

AutoNDA by SimpleDocs

Funding Lender’s Rights to Control. Notwithstanding anything herein to the contrary, pursuant to Section 17(c) of the Senior Mortgage and Section 6.03 of the Funding Loan Agreement, all acts, consents, approvals and undertakings of Senior Lender hereunder shall be solely at the written direction of the Funding Lender. The parties hereto acknowledge and agree that Funding Lender is a third party beneficiary of this Agreement, with full rights as such. [SIGNATURE AND ACKNOWLEDGMENT PAGES FOLLOW]

Appears in 4 contracts

Samples: Subordination Agreement, Subordination Agreement, Subordination Agreement

Funding Lender’s Rights to Control. Notwithstanding anything herein to the contrary, pursuant to the Senior Mortgage and Section 6.03 of the Funding Loan Agreement, all acts, consents, approvals and undertakings of Senior Lender hereunder shall must be solely at the written direction of the Funding Lender. The parties hereto acknowledge and agree that Funding Lender is a third third-party beneficiary of this Agreement, with full rights as such. [SIGNATURE AND ACKNOWLEDGMENT PAGES FOLLOW]

Appears in 1 contract

Samples: Subordination Agreement

Funding Lender’s Rights to Control. Notwithstanding anything herein to the contrary, pursuant to Section 17(c) of the Senior Mortgage and Section 6.03 of the Funding Loan Agreement, all acts, consents, approvals and undertakings of Senior Lender hereunder shall must be solely at the written direction of the Funding Lender. The parties hereto acknowledge and agree that Funding Lender is a third third-party beneficiary of this Agreement, with full rights as such. [SIGNATURE AND ACKNOWLEDGMENT PAGES FOLLOW]

Appears in 1 contract

Samples: Subordination Agreement

AutoNDA by SimpleDocs

Funding Lender’s Rights to Control. Notwithstanding anything herein to the contrary, pursuant to Section 17(c) of the Senior Mortgage and Section 6.03 of the Funding Loan Agreement, all acts, consents, approvals and undertakings of Senior Lender hereunder shall must be solely at the written direction of the Funding Lender. The parties hereto acknowledge and agree that Funding Lender is a third third-party beneficiary of this Agreement, with full rights as such. [SIGNATURE AND ACKNOWLEDGMENT PAGES FOLLOW]

Appears in 1 contract

Samples: Subordination Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.