Common use of Lender Not a Joint Venturer Clause in Contracts

Lender Not a Joint Venturer. Neither this Agreement nor any ---------------------------- Loan Document shall in any respect be interpreted, deemed or construed as making Lender a partner or joint venturer with Borrower or as creating any similar relationship or entity, and Borrower agrees that it will not make any contrary assertion, contention, claim or counterclaim in any action, suit or other legal proceeding involving Lender and Borrower.

Appears in 1 contract

Samples: Loan Agreement (Hooker Funiture Corp Employee Stock Ownership Plan Trust)

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Lender Not a Joint Venturer. Neither this Agreement nor any ---------------------------- agreements, instruments, documents or transactions contemplated hereby (including the Loan Document Documents) shall in any respect be interpreted, deemed or construed as making Lender a partner or joint venturer with Borrower or Guarantor or as creating any similar relationship or entity, and Borrower agrees at1d Guarantor agree that it they will not make any contrary assertion, contention, claim or counterclaim in any action, suit or other legal proceeding involving Lender and BorrowerLender.

Appears in 1 contract

Samples: Term Loan Agreement (Regional Health Properties, Inc)

Lender Not a Joint Venturer. Neither this Agreement nor any ---------------------------- Loan --------------------------- Document shall in any respect be interpreted, deemed or construed as making Lender a partner or joint venturer with Borrower or as creating any similar relationship or entity, and Borrower agrees that it will not make any contrary assertion, contention, claim or counterclaim in any action, suit or other legal proceeding involving Lender and Borrower.

Appears in 1 contract

Samples: Negative Pledge and Agreement (Hooker Furniture Corp)

Lender Not a Joint Venturer. Neither this Agreement nor any ---------------------------- agreements, instruments, documents or transactions contemplated hereby (including the Loan Document Documents) shall in any respect be interpreted, deemed or construed as making Lender a partner or joint venturer with Borrower or Guarantors or as creating any similar relationship or entity, and Borrower agrees and Guarantors agree that it they will not make any contrary assertion, contention, claim or counterclaim in any action, suit or other legal proceeding involving Lender and BorrowerLender.

Appears in 1 contract

Samples: Term Loan Agreement (Adcare Health Systems Inc)

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Lender Not a Joint Venturer. Neither this Agreement nor any ---------------------------- --------------------------- agreements, instruments, documents or transactions contemplated hereby (including the Loan Document Documents) shall in any respect be interpreted, deemed or construed as making Lender a partner or joint venturer with Borrower or as creating any similar relationship or entity, and Borrower agrees that it will not make any contrary assertion, contention, claim or counterclaim in any action, suit or other legal proceeding involving Lender and Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Us Xpress Enterprises Inc)

Lender Not a Joint Venturer. Neither this Agreement nor any ---------------------------- agreements, instruments, documents or transactions contemplated hereby (including the Loan Document Documents) shall in any respect be interpreted, deemed or construed as making Lender a partner or joint venturer with Borrower or Guarantor or as creating any similar relationship or entity, and Borrower agrees and Guarantor agree that it they will not make any contrary assertion, contention, claim or counterclaim in any action, suit or other legal proceeding involving Lender and BorrowerLender.

Appears in 1 contract

Samples: Term Loan Agreement (Adcare Health Systems Inc)

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