Common use of Lead Lender Rights as Lender Clause in Contracts

Lead Lender Rights as Lender. The Lead Lender in its capacity as a lender hereunder shall have the same rights, powers and obligations hereunder as all other Lenders and may exercise the same as though it were not acting as the Lead Lender.

Appears in 6 contracts

Samples: Intercreditor Agreement (Vestin Fund Ii LLC), Intercreditor Agreement (Vestin Fund I LLC), Intercreditor Agreement (Vestin Realty Mortgage II, Inc)

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Lead Lender Rights as Lender. The Lead Lender in its capacity as a lender hereunder shall have the same rights, powers and obligations hereunder as all β€˜other Lenders and may exercise the same as though it were not acting as the Lead Lender.

Appears in 3 contracts

Samples: Intercreditor Agreement (Vestin Fund Iii LLC), Intercreditor Agreement (Vestin Realty Mortgage I, Inc.), Intercreditor Agreement (Vestin Realty Mortgage II, Inc)

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Lead Lender Rights as Lender. The Lead Lender in its capacity as a lender hereunder shall have the same rights, powers and obligations hereunder as all other Lenders and may exercise the same and is entitled to collect and retain for its own account any and all late charges, default interest and extension fees as though it were not acting as the Lead Lender.

Appears in 3 contracts

Samples: Intercreditor Agreement (Vestin Realty Trust II, Inc), Intercreditor Agreement (Vestin Fund I LLC), Intercreditor Agreement (Vestin Fund Iii LLC)

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