Lender's Reliance on Representations. Manager has executed this Agreement for the purpose of inducing the Lender to make the Loan in accordance with the Loan Agreement and with full knowledge that Lender shall rely upon the representations, warranties and agreements herein contained when making the Loan, and that but for this instrument and the representations, warranties and agreements herein contained, the Lender would not take such actions.
Appears in 3 contracts
Samples: Loan Agreement (Westfield America Inc), Loan Agreement (Westfield America Inc), Loan Agreement (Westfield America Inc)
Lender's Reliance on Representations. Manager has executed this Agreement for the purpose of inducing the in order to induce Lender to make accept the Mortgage and the Loan in accordance with the Loan Agreement Documents and with full knowledge that Lender shall rely upon the representations, warranties and agreements herein contained when making the Loancontained, and that but for this instrument Assignment and the representations, warranties and agreements herein contained, the Lender would not take such actions.
Appears in 2 contracts
Samples: Assignment of Management Agreement and Subordination of Management Fees (Moody National REIT I, Inc.), Assignment of Management Agreement and Subordination of Management Fees (TNP Strategic Retail Trust, Inc.)
Lender's Reliance on Representations. Manager has executed this ------------------------------------ Agreement for the purpose of inducing the Lender to make the Loan Loans in accordance with the Loan Agreement and with full knowledge that Lender shall rely upon the representations, warranties and agreements herein contained when making the LoanLoans, and that but for this instrument and the representations, warranties and agreements herein contained, the Lender would not take such actions.
Appears in 1 contract
Lender's Reliance on Representations. Manager has executed this Agreement for the purpose of inducing the in order to induce Lender to make accept the Mortgage and the Loan in accordance with the Loan Agreement Documents and with full knowledge that Lender shall rely upon the representations, warranties and agreements herein contained when making the Loancontained, and that but for this instrument and the representations, warranties and agreements herein therein contained, the Lender would not take such actions.
Appears in 1 contract
Samples: Loan Agreement (Winston Hotels Inc)
