Common use of Lender Not in Control Clause in Contracts

Lender Not in Control. None of the covenants or other provisions contained in the Agreement shall, or shall be deemed to, give Lender the right or power to exercise control over the affairs and/or management of Borrower or any Subsidiary, the power of Lender being limited to those rights generally given to Lenders; provided that, if Lender becomes the owner of any stock or other equity interest in Borrower or any Subsidiary whether through foreclosure or otherwise, Lender shall be entitled to exercise such legal rights as it may have by being an owner of such stock, or other equity interest in Borrower or any Subsidiary.

Lender Not in Control. None of the covenants or other provisions contained in the this Agreement shall, or shall be deemed to, give Lender the right or power to exercise control over the affairs and/or management of Borrower or any Banking Subsidiary, the power of Lender being limited to those rights generally given to Lenderslenders; provided that, if Lender becomes the owner of any stock or other equity interest in Borrower or any Banking Subsidiary whether through foreclosure or otherwise, Lender shall be entitled to exercise such legal rights as it may have by being an owner of such stock, or other equity interest in Borrower or any Banking Subsidiary.

Lender Not in Control. None of the covenants or other provisions contained in the this Agreement shall, or shall be deemed to, give Lender the right Rights or power to exercise control over the affairs and/or or management of Borrower or any Subsidiary, the power of Lender being limited to those rights generally given the Right to Lendersexercise the remedies provided in this ARTICLE VIII; provided PROVIDED that, if Lender becomes the owner of any stock or other equity interest in Borrower or any Subsidiary Subsidiary, whether through foreclosure or otherwise, Lender shall be entitled to exercise such legal rights Rights as it may have by being an owner of such stock, or other equity interest in Borrower or any Subsidiary.

Lender Not in Control. None of the covenants or other provisions --------------------- contained in the Agreement shall, or shall be deemed to, give Lender the right or power to exercise control over the affairs and/or management of Borrower or any Subsidiary, the power of Lender being limited to those rights generally given to Lenderslenders; provided that, if Lender becomes the owner of any stock or other equity interest in Borrower or any Subsidiary whether through foreclosure or otherwise, Lender shall be entitled to exercise such legal rights as it may have by being an owner of such stock, or other equity interest in Borrower or any Subsidiary.

Lender Not in Control. None of the covenants or other provisions contained in the Agreement shall, or shall be deemed to, give Lender the right or power to exercise control over the affairs and/or management of Borrower or any Subsidiary, the power of Lender being limited to those rights generally given to Lenderslenders; provided that, if Lender becomes the owner of any stock or other equity interest in Borrower or any Subsidiary whether through foreclosure or otherwise, Lender shall be entitled to exercise such legal rights as it may have by being an owner of such stock, or other equity interest in Borrower or any Subsidiary.