Common use of Negation of Partnership Clause in Contracts

Negation of Partnership. Nothing contained in the Loan Documents is intended to create any partnership, joint venture or association between Grantor and Noteholder, or in any way make Noteholder a co-principal with Grantor with reference to the Mortgaged Property, and any inferences to the contrary are hereby expressly negated.

Appears in 3 contracts

Samples: Deed of Trust, Security Agreement and Assignment of Rents and Leases (Independent Research Agency for Life Insurance Inc), Deed of Trust, Security Agreement and Assignment of Rents and Leases (International Isotopes Inc), Deed of Trust, Security Agreement and Assignment of Rents and Leases (Newmark Homes Corp)

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Negation of Partnership. Nothing contained in the Loan Documents is intended to create any partnership, joint venture or association between Grantor and Noteholderthe Collateral Agent, or in any way make Noteholder the Collateral Agent a co-principal with Grantor with reference to the Mortgaged Property, and any inferences to the contrary are hereby expressly negated.

Appears in 1 contract

Samples: Term Loan and Revolving Credit Facility Agreement (Stolt Nielsen S A)

Negation of Partnership. Nothing contained in the Loan Documents is intended to create any partnership, joint venture or association between Grantor and Noteholderthe Beneficiary, or in any way make Noteholder the Beneficiary a co-principal with Grantor with reference to the Mortgaged Property, and any inferences to the contrary are hereby expressly negated.

Appears in 1 contract

Samples: Deed of Trust (Behringer Harvard Opportunity REIT I, Inc.)

Negation of Partnership. Nothing contained in the Loan Documents is intended to create any partnership, joint venture or association between Grantor and the Noteholder, or in any way make the Noteholder a co-principal with Grantor with reference to the Mortgaged Property, and any inferences to the contrary are hereby expressly negated.

Appears in 1 contract

Samples: Deed of Trust, Mortgage and Security Agreement (Emeritus Corp\wa\)

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Negation of Partnership. Nothing contained in the Loan Documents ----------------------- is intended to create any partnership, joint venture or association between Grantor and the Noteholder, or in any way make the Noteholder a co-principal with Grantor with reference to the Mortgaged Property, and any inferences to the contrary are hereby expressly negated.

Appears in 1 contract

Samples: Deed of Trust, Mortgage and Security Agreement (Wells Real Estate Investment Trust Inc)

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