Common use of No Joint Venture or Partnership; No Third Party Beneficiaries Clause in Contracts

No Joint Venture or Partnership; No Third Party Beneficiaries. Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Collateral other than that of secured creditor, beneficiary or lender.

Appears in 3 contracts

Samples: Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

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No Joint Venture or Partnership; No Third Party Beneficiaries. 25.%2.%3.%4. Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower or Leasehold Pledgor, on the one hand, and Lender Lender, on the other hand, nor to grant Lender any interest in the Collateral other than that of secured creditorpledgee, beneficiary or lender.

Appears in 2 contracts

Samples: Senior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.), Junior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created (b) hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Collateral Properties other than that of secured creditormortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (Inland Real Estate Corp), Loan Agreement (Inland Real Estate Corp)

No Joint Venture or Partnership; No Third Party Beneficiaries. Borrower xiv) Borrowers, Administrative Agent, Issuing Bank and Lender the Lenders intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrowers and Lender the Lenders nor to grant Lender the Lenders any interest in the any Collateral Property other than that of secured creditormortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Revolving Credit Agreement (FelCor Lodging LP)

No Joint Venture or Partnership; No Third Party Beneficiaries. Borrower xiii) Borrowers, Administrative Agent and Lender Lenders intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrowers and Lender Lenders nor to grant Lender Lenders any interest in the any Collateral Property other than that of secured creditormortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Revolving Credit Agreement (FelCor Lodging Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Collateral other than that of secured creditor, beneficiary or lender.tenancy

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Maguire Properties Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. 29.%2.%3.%4. Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower or Operating Company, on the one hand, and Lender Lender, on the other hand, nor to grant Lender any interest in the Collateral Property other than that of secured creditormortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Ashford Hospitality Prime, Inc.)

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No Joint Venture or Partnership; No Third Party Beneficiaries. Borrower Borrowers and Lender intend that the relationships created hereunder under this Agreement, the Security Instrument, the Note and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrowers and Lender nor or to grant Lender any interest in the Collateral Property other than that of secured creditormortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

No Joint Venture or Partnership; No Third Party Beneficiaries. Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Collateral any Property other than that of secured creditormortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (RFS Partnership Lp)

No Joint Venture or Partnership; No Third Party Beneficiaries. Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Collateral other than that of secured creditor, beneficiary or lender.any

Appears in 1 contract

Samples: Loan Agreement (Instil Bio, Inc.)

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