Common use of Lender as Agent Clause in Contracts

Lender as Agent. Lender is acting solely as agent of Borrower in taking any actions in connection with the Property. Lender assumes no liability in any other capacity. Lender shall not be obligated to perform any obligation or duty, or discharge any liability under any of the Leases under or by reason of this Assignment.

Appears in 4 contracts

Samples: Assignment of Leases and Rents (TNP Strategic Retail Trust, Inc.), Assignment of Leases and Rents (TNP Strategic Retail Trust, Inc.), Assignment of Leases and Rents (TNP Strategic Retail Trust, Inc.)

AutoNDA by SimpleDocs

Lender as Agent. Lender is and will be acting solely as an agent of Borrower in taking any actions in connection with the PropertyContract. Lender assumes no responsibility or liability in any other capacity. Lender shall not be obligated to perform any obligation or duty, or discharge any liability under any of the Leases Contract, or under or by reason of this Assignment.

Appears in 1 contract

Samples: Loan Agreement (Ibf Vi Guaranteed Income Fund)

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