Lender’s Rights and Obligations Sample Clauses
Lender’s Rights and Obligations. (a) The obligations of each Lender under the Finance Documents are several. Failure by a Lender to perform its obligations under the Finance Documents does not affect the obligations of any other Party under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.
(b) The rights of each Lender under or in connection with the Finance Documents are separate and independent rights and any debt arising under the Finance Documents to a Lender from an Obligor shall be a separate and independent debt.
(c) A Finance Party may, except as otherwise stated in the Finance Documents, separately enforce its rights under the Finance Documents.
Lender’s Rights and Obligations. Except as expressly provided for in this Agreement, Lender shall have no obligations to Tenant with respect to the Lease. If an attornment occurs pursuant to this Agreement, then all rights and obligations of Lender under this Agreement shall terminate, without thereby affecting in any way the rights and obligations of Successor Landlord provided for in this Agreement.
Lender’s Rights and Obligations. (1) To issue the loan to the borrower in time and in full, except for delay due to the fault of the borrower or otherwise through no fault of the lender;
(2) To supervise and examine the production operations, financial condition, material inventory and loan utilization and other aspects of the borrower either onsite or offsite and to require the borrower to provide related documents, data and information;
(3) If the borrower incurs any circumstance that might adversely affect the loan security or debt service or the guarantor is out of business, shut down, deregistered, has its business license revoked, goes bankrupt or is rescinded or suffers substantial operating losses or any other circumstances that might cause it to lose the corresponding guarantee capacity in part or in full, or the collaterals or pledged properties used as security for loan are diminished, accidentally destroyed or lost or otherwise jeopardize the realization of guarantee, the lender may require the borrower to make corrections, implement safeguards for financial claims or provide another valid guarantee within a specified period or reduce or revoke the loan limit granted to the borrower, cease to issue the loan or declare the loan hereunder and other contracts due and repayable immediately or recover the loan in advance, etc.;
(4) Other rights and obligations specified in laws and regulations or agreed upon by both parties.
Lender’s Rights and Obligations. 1. The lender has the rights to know the conditions of the Borrower’s operation condition, financial activity, inventory and the usage of the loan, and require the Borrower to provide documents, materials and information such as financial statements.
2. When adverse matters set forth in the NO. 7, 8 and 10 under the Article 4 occur, which may have sufficient impact on the security of the loan, the Lender can stop lending and then recover the loan before the maturity date of the loan.
3. When the Lender recover the loan according to the contract or recover in advance the loan principal, interest, penalty, compound interest and other fees the Borrower should pay, the Lender can pull out money from any of the Borrower’s accounts.
4. If the funds the Borrower repaid are not sufficient to cover all the amounts payable, the Lender can use the funds to recover the loan principal, interest, penalty, compound interest and fees.
5. If the Borrower doesn’t repay the loan, the Lender can publicly disclose the Borrower’s nonperformance.
6. The Lender should issue sufficient loan to the Borrower in time according to this contract.
Lender’s Rights and Obligations. Nothing contained in this Section
Lender’s Rights and Obligations. The provisions of Clause 2.2 (Finance Parties’ Rights and Obligations) of the Common Terms Agreement shall apply to this Agreement as though they were set out in full herein.
Lender’s Rights and Obligations. 14.1. The Lender has the right to: declare all amounts owed by the Borrower as exigible and immediately due, to cease the lending, to withdraw the loan, as granted, with any and all deriving consequences and to proceed with the enforcement of securities stipulated in the Agreement, so as to recover the amounts owed by the Borrower, in the event the Borrower fails to fulfill its obligations under the Agreement for more than 90 days.
Lender’s Rights and Obligations. Nothing contained in this Section 11.4 shall prevent a transfer of the Property, or any portion thereof, to a lender as a result of a foreclosure or deed in lieu of foreclosure. Any successor in interest (including the lender) acquiring the Property, or any portion thereof, as a result of foreclosure or a deed in lieu of foreclosure, shall take such Property subject to the rights and obligations of Owner under this Agreement; provided, however, in no event shall such successor be liable for any defaults or monetary obligations of Owner arising under this Agreement prior to acquisition of title to the Property by such successor. In no event shall any such successor be entitled to Development Approvals until all fees due under this Agreement relating to the portion of the Property acquired by such successor have been paid to the City.
Lender’s Rights and Obligations. (a) The obligations of each Lender under the Finance Documents are several. Failure by a Lender to perform its obligations under the Finance Documents does not affect the obligations of any other Party under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.
Lender’s Rights and Obligations. (a) The obligations of each Lender under the Agreement are several. Failure by a Lender to perform its obligations under the Agreement does not affect the obligations of any other Party under the Finance Documents. No Lender is responsible for the obligations of any other Lender under the Agreement.
(b) The rights of each Lender under or in connection with the Finance Documents are separate and independent rights and any debt arising under the Finance Documents to a Finance Party from the Borrowers shall be a separate and independent debt.