Lender Not a Joint Venturer. Notwithstanding anything to the contrary herein contained, Lender, by entering into this Agreement or by any action taken pursuant hereto, will not be deemed a partner or joint venturer with Borrower, and Borrower will indemnify and hold Lender harmless from any and all damages resulting from such a construction of the parties and their relationship.
Appears in 4 contracts
Samples: Loan Agreement (American Retirement Corp), Loan Agreement (American Retirement Corp), Construction Loan Agreement (Emeritus Corp\wa\)
Lender Not a Joint Venturer. Notwithstanding anything to the contrary herein contained, Lender, by entering into this Agreement or by any action taken pursuant hereto, will not be deemed a partner or joint venturer with BorrowerBorrowers. Further, this Agreement shall not be deemed to create a fiduciary relationship between Lender and Borrower will indemnify and hold Lender harmless from any and all damages resulting from such a construction of the parties and their relationshipBorrowers.
Appears in 2 contracts
Samples: Second Lien Loan Agreement (Sammons Enterprises, Inc.), Second Lien Loan Agreement (North American Technologies Group Inc /Tx/)
Lender Not a Joint Venturer. Notwithstanding anything to the contrary herein contained, Lender, by entering into this Agreement or by any action taken pursuant hereto, will not be deemed a partner or joint venturer with Borrower. Further, this Agreement shall not be deemed to create a fiduciary relationship between Lender and Borrower will indemnify and hold Lender harmless from any and all damages resulting from such a construction of the parties and their relationshipBorrower.
Appears in 2 contracts
Samples: Construction Loan Agreement (North American Technologies Group Inc /Mi/), Construction Loan Agreement (North American Technologies Group Inc /Mi/)
Lender Not a Joint Venturer. Notwithstanding anything to the contrary herein contained, Lender, by entering into this Agreement or by any an; action taken pursuant hereto, will not be deemed a partner or joint venturer with Borrower, and Borrower will indemnify and hold Lender harmless from any and all damages resulting from such a construction of the parties and their relationship.
Appears in 1 contract
Samples: Loan Agreement (Emeritus Corp\wa\)
Lender Not a Joint Venturer. Notwithstanding anything to the contrary herein contained, Lender, by entering into this Agreement or by any action taken pursuant hereto, ; will not be deemed a partner or joint venturer with Borrower, and Borrower will indemnify and hold Lender harmless from any and all damages resulting from such a construction of the parties and their relationship.
Appears in 1 contract
Samples: Loan Agreement (Emeritus Corp\wa\)
Lender Not a Joint Venturer. Notwithstanding anything to the contrary herein contained, Lender, by entering into this Agreement or by any action taken pursuant heretoto this Agreement, will not be deemed a partner or joint venturer with Borrower, and Borrower will shall indemnify and hold Lender harmless from any and all damages resulting from such a construction of the parties and their relationship.
Appears in 1 contract
Samples: Construction Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)
