Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower for the disbursement of or failure to disburse the Loan proceeds or any part thereof and no Person other than Borrower shall have any right or claim against Lender under this Agreement or the other Loan Documents.
Appears in 17 contracts
Samples: Term Loan Agreement, Term Loan Agreement, Term Loan Agreement (Resource Real Estate Opportunity REIT II, Inc.)
Liability of Lender. Lender shall in no event be responsible or liable to any Person person other than Borrower for the disbursement of or failure to disburse the Loan proceeds of the Loans or any part thereof thereof, and no Person other than Borrower subcontractor, laborer or material supplier shall have any right or claim against Lender under this Loan Agreement or the other Loan Documentsadministration thereof.
Appears in 7 contracts
Samples: Loan Agreement, Loan Agreement (Comstock Holding Companies, Inc.), Loan Agreement (Comstock Holding Companies, Inc.)
Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower or Guarantor for the disbursement of or failure to disburse the Loan proceeds or any part thereof and no Person other than Borrower or Guarantor shall have any right or claim against Lender under this Agreement or the other Loan Documents.
Appears in 3 contracts
Samples: Loan Agreement, Loan Document Amendment (Resource Real Estate Opportunity REIT, Inc.), Loan Agreement (Resource Real Estate Opportunity REIT, Inc.)
Liability of Lender. Lender shall in no event be responsible or liable to any Person person other than Borrower for the disbursement of or failure to disburse the Loan proceeds of the Line of Credit or any part thereof thereof, and no Person other than Borrower subcontractor, laborer or material supplier shall have any right or claim against Lender under this Loan Agreement or the other Loan Documentsadministration thereof.
Appears in 3 contracts
Samples: Acquisition and Construction Loan Agreement (Comstock Holding Companies, Inc.), Construction Loan Agreement (Comstock Holding Companies, Inc.), Construction Loan Agreement (Comstock Holding Companies, Inc.)
Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower Borrowers for the disbursement of or failure to disburse the Loan proceeds or any part thereof and no Person other than Borrower Borrowers shall have any right or claim against Lender under this Agreement or the other Loan Documents.
Appears in 3 contracts
Samples: Term Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Term Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Term Loan Agreement (KBS Real Estate Investment Trust III, Inc.)
Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower for the disbursement of or failure to disburse the Loan proceeds or any part thereof and no Person other than Borrower neither the General Contractor, Construction Consultant nor any subcontractor, sub-subcontractor, laborer or material supplier shall have any right or claim against Lender under this Agreement or the other Loan Documents.
Appears in 2 contracts
Samples: Construction Loan Agreement, Construction Loan Agreement
Liability of Lender. Lender shall in no event not be responsible or liable to any Person person other than Borrower for the disbursement advance of or failure to disburse the Loan proceeds or any part thereof Proceeds and no Person other than Borrower third party, shall have any right or claim against Lender under this Agreement or because of the other Loan Documentsadministration thereof.
Appears in 2 contracts
Samples: Promissory Note and Loan Agreement (Sign Media Systems Inc), Promissory Note and Loan Agreement (Sign Media Systems Inc)
Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower for the disbursement of or failure to disburse the Loan proceeds or any part thereof and no Person other than Borrower neither the General Contractor, Construction Consultant nor any subcontractor, laborer or material supplier shall have any right or claim against Lender under this Agreement or the other Loan Documents.
Appears in 2 contracts
Samples: Construction Loan Agreement (Campus Crest Communities, Inc.), Construction Loan Agreement (American Retirement Corp)
Liability of Lender. Except as may be provided for in any Subordination Documentation, Lender shall in no event be responsible or liable to any Person other than Borrower for the disbursement of or failure to disburse the Loan proceeds or any part thereof thereof, and no Person other than Borrower neither the General Contractor, Construction Consultant, nor any subcontractor, laborer or material supplier shall have any right or claim against Lender under this Agreement or the other Loan Documents.
Appears in 2 contracts
Samples: Master Agreement, Construction Loan Agreement
Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower for the disbursement of or failure to disburse the Loan proceeds or any part thereof and no Person other than Borrower shall have any right or claim against Lender under this Agreement or the other Loan Documents. Furthermore, to the extent Lender reviews and approves any plans, contracts, designs, or other matters with respect to the Property, such review and approval shall not create any liability or responsibility by Lender whatsoever.
Appears in 2 contracts
Samples: Construction Loan and Security Agreement (Worldwide Stages, Inc.), Construction Loan and Security Agreement (Worldwide Stages, Inc.)
Liability of Lender. The Lender shall in no event be responsible or liable to any Person other than the Borrower for the disbursement of or failure to disburse the Loan proceeds or any part thereof and no Person other than Borrower neither the Construction Inspector nor any Contractor, subcontractor, laborer or material supplier shall have any right or claim against the Lender under this Agreement or the other Loan Documents.
Appears in 1 contract
Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower for the disbursement of or failure to disburse the Loan proceeds or any part thereof and no Person other than Borrower neither the General Contractor, Xxxxxx's Consultant nor any subcontractor, laborer or material supplier shall have any right or claim against Lender under this Agreement or the other Loan Documents.
Appears in 1 contract
Samples: Construction Loan Agreement
Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower for the disbursement of or failure to disburse the Loan proceeds or any part thereof and no Person other than Borrower neither the General Contractor, Construction Manager nor any subcontractor, laborer or material supplier shall have any right or claim against Lender under this Agreement or the other Loan Documentsadministration thereof.
Appears in 1 contract
Samples: Construction Loan Agreement
Liability of Lender. Lender shall in In no event shall Lender be responsible or liable to any Person other than Borrower for the disbursement of or failure to disburse the Loan B proceeds or any part thereof and no Person other than Borrower neither the General Contractor, Construction Consultant nor any subcontractor, laborer or material supplier shall have any right or claim against Lender under this Agreement or the other Loan Documents.
Appears in 1 contract
Samples: Loan Agreement (Emeritus Corp\wa\)
Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower for the disbursement of or failure to disburse the Loan proceeds or any part thereof and no Person other than Borrower shall have any right or claim against Lender under this Agreement or the other Loan Documents.. XxxX/Xxxxxxxxx Xxxx Loan Agreement #438690v6
Appears in 1 contract
Samples: Term Loan Agreement (Inland Diversified Real Estate Trust, Inc.)
Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower for the disbursement of or failure to disburse the Loan proceeds or any part thereof and no Person other than Borrower shall have any right or claim against Lender under this Agreement or the other Loan DocumentsDocuments as a result of any disbursement or failure to disburse.
Appears in 1 contract
Samples: Term Loan Agreement (American Realty Capital - Retail Centers of America, Inc.)
Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower for the disbursement of or failure to disburse the Revolving Loan proceeds or any part thereof and no Person other than Borrower neither the General Contractor nor any subcontractor, laborer or material supplier shall have any right or claim against Lender under this Agreement or the other Loan Documents.
Appears in 1 contract
Samples: Loan Agreement (Cost Plus Inc/Ca/)
Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower Borrowers for the disbursement of or failure to disburse the Loan proceeds or any part thereof and no Person other than Borrower neither the General Contractor, Construction Inspector nor any subcontractor, laborer or material supplier shall have any right or claim against Lender under this Agreement or the other Loan Documents.. 8
Appears in 1 contract
Samples: Construction Loan Agreement (4Front Ventures Corp.)
Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower for the disbursement of or failure to disburse the Loan proceeds Proceeds or any part thereof and no Person other than Borrower shall have any right or claim against Lender under this Agreement or the other Loan Documentsthereof.
Appears in 1 contract
Samples: Loan Agreement (FRP Holdings, Inc.)
Liability of Lender. Lender shall in no event be responsible or liable to any Person other than Borrower for the disbursement of or failure to disburse the Loan proceeds or any part thereof and no Person other than Borrower shall have any right or claim against Lender under this Agreement or the other Loan Documentsthereof.
Appears in 1 contract
Samples: Loan Agreement (Bluerock Residential Growth REIT, Inc.)
