Common use of Lender Not in Control Clause in Contracts

Lender Not in Control. None of the covenants or other provisions contained in this Agreement shall, or shall be deemed to, give Lender the Right or power to exercise control over the affairs or management of Borrower, the power of Lender being limited to the Right to exercise the remedies provided in Section 7.

Appears in 3 contracts

Samples: Loan Agreement (Long Beach Holdings Corp), Loan Agreement (E Loan Inc), Loan Agreement (E Loan Inc)

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Lender Not in Control. None of the covenants or other provisions contained in this Agreement shall, or shall be deemed to, give Lender the Right or power to exercise control over the assets (including, without limitation, real Property), affairs or management of BorrowerBorrowers or Guarantor, the power of Lender being limited to the Right to exercise the remedies Rights provided in this Section 78.

Appears in 2 contracts

Samples: Credit Agreement (Gateway Energy Corp/Ne), Credit Agreement (Gateway Energy Corp/Ne)

Lender Not in Control. None of the covenants or other provisions contained in this Agreement shall, or shall be deemed to, give Lender the Right or power right to exercise control over the affairs or and/or management of Borrower, the power of Lender being limited to the Right to exercise the remedies provided in Section 7the other Sections of this Article.

Appears in 1 contract

Samples: Loan Agreement (Manufactured Housing Properties Inc.)

Lender Not in Control. None of the covenants or other provisions --------------------- contained in this Agreement shall, or shall be deemed to, give Lender the Right or power to exercise control over the affairs or management of either Borrower, the power of Lender being limited to the Right to exercise the remedies provided in Section SECTION 7.. ---------

Appears in 1 contract

Samples: Loan Agreement (Petroglyph Energy Inc)

Lender Not in Control. None of the covenants or other provisions contained in this Agreement shall, or shall be deemed to, give Lender the Right or power to exercise control over the affairs or management of Borrower, the power of Lender being limited to the Right to exercise the remedies provided in this Section 710.

Appears in 1 contract

Samples: Credit Agreement (Schlotzskys Inc)

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Lender Not in Control. None of the covenants or other provisions contained in this the Agreement shall, or shall be deemed to, give Lender the Right or power to exercise control over the assets (including, without limitation, real Property), affairs or management of BorrowerBorrowers or Guarantor, the power of Lender being limited to the Right to exercise the remedies Rights provided in this Section 78.

Appears in 1 contract

Samples: Credit Agreement (Gateway Energy Corp/Ne)

Lender Not in Control. None of the covenants or other provisions --------------------- contained in this Agreement shall, or shall be deemed to, give Lender the Right or power to exercise control over the affairs or management of Borrower, the power of Lender being limited to the Right to exercise the remedies provided in Section 7.. ---------

Appears in 1 contract

Samples: Loan Agreement (Petroglyph Energy Inc)

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