Common use of Lender Reliance Clause in Contracts

Lender Reliance. Lender shall have no duty to confirm, inquire or determine whether a Mezzanine Event of Default has occurred. Lender may rely on any notice it believes in good faith to be genuine and given by Mezzanine Lender.

Appears in 6 contracts

Samples: Loan Agreement (Sunstone Hotel Investors, Inc.), Loan Agreement (Wyndham International Inc), Loan Agreement (Meristar Hospitality Operating Partnership Lp)

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Lender Reliance. Lender shall have no duty to confirm, inquire or determine whether a Mezzanine A Event of Default has occurred. Lender may rely on any notice it believes in good faith to be genuine and given by Mezzanine A Lender.

Appears in 2 contracts

Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.)

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Lender Reliance. Lender shall have no duty to confirm, inquire or determine whether a Mezzanine Event of Default has occurred. Lender may rely on any notice it believes in good faith to be genuine and given by Mezzanine Lender.

Appears in 1 contract

Samples: Loan Agreement (Capital Lodging)

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