Common use of Lender’s Commitment Clause in Contracts

Lender’s Commitment. The obligations of any Lender to make Loans hereunder are several from the obligations of any other Lenders. The failure of any Lender to make Loans hereunder shall not release the obligations of any other Lender to make Loans hereunder, but no Lender shall be responsible for the failure of any other Lender to make any Loan hereunder.

Appears in 8 contracts

Samples: Loan Agreement (Bluerock Homes Trust, Inc.), Loan Agreement (Bluerock Residential Growth REIT, Inc.), Loan Agreement (Invitation Homes Inc.)

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Lender’s Commitment. The obligations of any Lender to make Loans a Loan hereunder are several from the obligations of any other Lenders. The failure of any Lender to make Loans a Loan hereunder shall not release the obligations of any other Lender to make Loans a Loan hereunder, but no Lender shall be responsible for the failure of any other Lender to make any a Loan hereunder.

Appears in 1 contract

Samples: Loan Agreement (Starwood Waypoint Homes)

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