Common use of Mortgagee Not Obligated Clause in Contracts

Mortgagee Not Obligated. Notwithstanding the provisions of Section 8.1 above, no Mortgagee shall have any obligation or duty under this Agreement to construct or complete the construction of improvements, or to guarantee such construction or completion; provided, however, that a Mortgagee shall not be entitled to devote the Property to any use except in full compliance with the Development Approvals or Subsequent Development Approvals nor to construct any improvements thereon or institute any uses other than those uses or improvements provided for or authorized by the Agreement, or otherwise under the Development Approvals or Subsequent Development Approvals.

Mortgagee Not Obligated. Notwithstanding the provisions of Section 8.1 14.a. above, no Mortgagee shall have any obligation or duty under this Development Agreement to construct or complete the construction of improvements, or to guarantee such construction or completion; provided, however, that a Mortgagee shall not be entitled to devote the Property to any use except in full compliance with the Development Approvals or Subsequent Development Project Approvals nor to construct any improvements thereon or institute any uses other than those uses or improvements provided for or authorized by the Development Agreement, or otherwise under the Development Approvals or Subsequent Development Project Approvals.

Mortgagee Not Obligated. Notwithstanding the provisions of Section 8.1 15.a. above, no Mortgagee shall have any obligation or duty under this Development Agreement to construct or complete the construction of improvements, or to guarantee such construction or completion; provided, however, that a Mortgagee shall not be entitled to devote the Property to any use except in full compliance with the Development Approvals or Subsequent Development Project Approvals nor to construct any improvements thereon or institute any uses other than those uses or improvements provided for or authorized by the Development Agreement, or otherwise under the Development Approvals or Subsequent Development Project Approvals.

Mortgagee Not Obligated. Notwithstanding the provisions of Section 8.1 10.1 above, no Mortgagee shall have any obligation or duty under this Development Agreement to construct perform Developer’s obligations or complete the construction other affirmative covenants of improvements, or to guarantee such construction or completionDeveloper hereunder; provided, however, that a Mortgagee shall not be entitled to devote the Property to any use except in full compliance with the Development Approvals uses or Subsequent Development Approvals nor to construct any improvements thereon or institute any uses other than those uses or improvements provided for or authorized by the this Development Agreement, or otherwise under by the Development Project Approvals or Subsequent Development Approvalsand Applicable Rules.