Common use of Lender's Discretion and Consent Clause in Contracts

Lender's Discretion and Consent. Whenever Lender is granted the right herein to act in its sole discretion or to grant or withhold consent, such right shall be exercised in good faith utilizing generally accepted commercial practices for projects in scope, character and location similar to the Project;

Appears in 2 contracts

Samples: Construction Loan Agreement (Forestar Group Inc.), Term Loan Agreement

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Lender's Discretion and Consent. Whenever the Lender is granted the right herein to act in its sole discretion or to grant or withhold consent, such right shall be exercised in good faith utilizing generally accepted commercial practices for projects in scope, character and location similar to the Project;

Appears in 2 contracts

Samples: Term Loan Agreement (Wells Core Office Income Reit Inc), Loan Agreement (Corporate Property Associates 17 - Global INC)

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