Common use of Lender’s Discretion Clause in Contracts

Lender’s Discretion. Whenever the terms "satisfactory to," "determined by," "acceptable to," "shall elect," "shall request," or similar terms are used in this Agreement or any of the other Loan Documents to apply to Lender, except as otherwise specifically provided herein or therein, such terms shall mean satisfactory to, at the election of, determined by, acceptable to, or requested by, Lender, in its sole, but reasonable, discretion.

Appears in 4 contracts

Samples: Loan and Security Agreement (PDS Gaming Corp), Loan and Security Agreement (PDS Financial Corp), Loan and Security Agreement (PDS Financial Corp)

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Lender’s Discretion. Whenever the terms "satisfactory to," "determined by," "acceptable to," "shall elect," "shall request," or similar terms are used in this Loan Agreement or any of the other Loan Documents to apply to Lender, except as otherwise specifically provided herein or therein, such terms shall mean satisfactory to, at the election of, determined by, acceptable to, or requested by, as applicable, Lender, in its sole, but reasonable, sole discretion.

Appears in 2 contracts

Samples: Loan Agreement (RINO International CORP), Loan Agreement (Rocky Mountain Energy Corp)

Lender’s Discretion. Whenever the terms "satisfactory to," "determined by," "acceptable to," "shall elect," "shall request," "consented to", "approved by" or similar terms are used in this Agreement or any of the other Loan Documents to apply to Lender, except as otherwise specifically provided herein or therein, such terms shall mean satisfactory to, at the election of, determined by, acceptable to, or at the election of, requested by, consented to, or approved by as applicable, Lender, in its sole, but reasonable, sole discretion.

Appears in 1 contract

Samples: Loan Agreement (Fm Properties Inc)

Lender’s Discretion. Whenever the terms "satisfactory to," "determined by," "acceptable to," "shall elect," "shall request," or similar terms are used in this Agreement or any of the other Loan Documents to apply to Lender, except as otherwise specifically provided herein or therein, such terms shall mean satisfactory to, at the election of, determined by, acceptable to, or requested by, as applicable, Lender, in its sole, but reasonable, sole discretion.

Appears in 1 contract

Samples: Loan Agreement (Feihe International Inc)

Lender’s Discretion. Whenever the terms "satisfactory to," "determined by," "acceptable to," "shall elect," "shall request," or similar terms are used in this Agreement or any of the other Loan Documents to apply to Lender, except as otherwise specifically provided herein or therein, such terms shall mean satisfactory to, at the election of, determined by, acceptable to, or requested by, as applicable, Lender, in its sole, but reasonable, sole discretion.

Appears in 1 contract

Samples: Loan Agreement (Feihe International Inc)

Lender’s Discretion. Whenever the terms "satisfactory to," "” “determined by," "” “acceptable to," "” “shall elect," "” “shall request," or similar terms are used in this Agreement or any of the other Loan Documents to apply to Lender, except as otherwise specifically provided herein or therein, such terms shall mean satisfactory to, at the election of, determined by, acceptable to, or requested by, as applicable, Lender, in its sole, but reasonable, sole discretion.

Appears in 1 contract

Samples: Loan Agreement (Emmaus Holdings, Inc.)

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Lender’s Discretion. Whenever the terms "satisfactory to," "determined to,”“determined by," "” “acceptable to," "” “shall elect," "” “shall request," or similar terms are used in this Loan Agreement or any of the other Loan Documents to apply to Lender, except as otherwise specifically provided herein or therein, such terms shall mean satisfactory to, at the election of, determined by, acceptable to, or requested by, as applicable, Lender, in its sole, but reasonable, sole discretion.

Appears in 1 contract

Samples: Loan Agreement (It&e International Group)

Lender’s Discretion. Whenever the terms "satisfactory to," to Lender", "determined by," by Lender", "acceptable to," to Lender", "Lender shall elect," ", "Lender shall request," or similar terms are used in this Agreement or any of the other Loan Documents to apply to LenderAgreement, except as otherwise specifically provided herein or thereinin this Loan Agreement, such terms shall mean satisfactory to, at the election of, determined by, acceptable to, to or requested by, Lenderas applicable, Lender in its sole, but reasonable, reasonable discretion.

Appears in 1 contract

Samples: Loan Agreement (Metal Management Inc)

Lender’s Discretion. Whenever the terms "satisfactory to," "determined by," "acceptable to," "shall elect," "shall request," or similar terms are used in this Agreement or any of the other Loan Documents to apply to Lender, except as otherwise specifically provided herein or therein, such terms shall mean satisfactory to, at the election of, determined by, acceptable to, or requested by, Lender, in its sole, but commercially reasonable, discretion.

Appears in 1 contract

Samples: Loan and Security Agreement (MLC Holdings Inc)

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