No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenants-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property other than that of mortgagee or lender.
Appears in 19 contracts
Samples: Loan Agreement, Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of mortgagor and mortgagee or grantor and beneficiary or borrower and lender, as the case may be. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual the Property other than that of mortgagee mortgagee, beneficiary or lender.
Appears in 19 contracts
Samples: Mortgage, Security Agreement, Assignment of Rents and Fixture Filing (Ashford Hospitality Trust Inc), Loan and Security Agreement (Etre Reit, LLC), Open End Mortgage, Security Agreement, Financing Statement and Assignment of Rents (Ashford Hospitality Prime, Inc.)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property the Collateral other than that of secured party, mortgagee or lender.
Appears in 19 contracts
Samples: Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Affordable Residential Communities Inc)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of pledgor and pledgee or borrower and lender, as the case may be. Nothing herein is intended to create a joint venture, partnership, tenants-in-common, venture or joint tenancy partnership relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property the Collateral other than that of mortgagee pledgee or lender.
Appears in 16 contracts
Samples: Loan and Security Agreement (Ashford Hospitality Trust Inc), Loan and Security Agreement (Ashford Hospitality Trust Inc), Loan and Security Agreement (Morgans Hotel Group Co.)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship 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, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual the Property other than that of mortgagee or lender.
Appears in 12 contracts
Samples: Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Colony Resorts LVH Acquisitions LLC), Loan Agreement (Colony Resorts LVH Acquisitions LLC)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship 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, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor or to grant Lender any interest in any Individual the Property other than that of mortgagee mortgagee, beneficiary or lender.
Appears in 7 contracts
Samples: Loan Agreement (Ionis Pharmaceuticals Inc), Loan Agreement (Ionis Pharmaceuticals Inc), Loan Agreement (Electro Scientific Industries Inc)
No Joint Venture or Partnership. Each Borrower Borrower, Agent and each Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and any Lender nor to grant any Lender any interest in any Individual Property the Collateral other than that of secured party, mortgagee or lender.
Appears in 7 contracts
Samples: Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Gramercy Capital Corp)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property other than that of mortgagee or lenderLender.
Appears in 6 contracts
Samples: Loan Agreement (Lf Strategic Realty Investors Ii L P), Loan Agreement (Lazard Freres Real Estate Investors LLC), Loan Agreement (Lazard Freres Real Estate Investors LLC)
No Joint Venture or Partnership. Each Borrower Borrowers and Lender intend that the relationship 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, tenantstenancy-in-common, or joint tenancy relationship between any Borrower Borrowers and Lender nor to grant Lender any interest in any Individual Property the Properties other than that of mortgagee or lender.
Appears in 6 contracts
Samples: Loan Agreement (Strategic Hotel Capital Inc), Loan Agreement (Prime Retail Lp), Loan Agreement (Strategic Hotel Capital Inc)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual the Mortgaged Property other than that of mortgagee or lender.
Appears in 5 contracts
Samples: Loan Agreement (Alternative Living Services Inc), Loan Agreement (Ambassador Apartments Inc), Loan Agreement (Hallwood Realty Partners L P)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower of Borrower, Manager, any contractor or Governmental Authority and Lender nor to grant Lender any interest in any Individual the Property other than that of mortgagee or lender.
Appears in 5 contracts
Samples: Loan Agreement, Loan Agreement (Plymouth Industrial REIT Inc.), Loan Agreement (Strategic Realty Trust, Inc.)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between Borrower (or any Borrower Affiliate of Borrower) and Lender nor to grant Lender any interest in any Individual Property the Collateral other than that of secured party, mortgagee or lender.
Appears in 5 contracts
Samples: Loan Agreement (Digital Realty Trust, Inc.), Loan Agreement (Digital Realty Trust, Inc.), Loan Agreement (Digital Realty Trust, Inc.)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship 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, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property the Properties other than that of mortgagee or lender.
Appears in 3 contracts
Samples: Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Uniprop Manufactured Housing Communities Income Fund)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship 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, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual the Property other than that of mortgagee mortgagee, beneficiary or lender.
Appears in 3 contracts
Samples: Loan Agreement (Caesars Acquisition Co), Loan Agreement (Harrahs Entertainment Inc), Loan Agreement (Bh Re LLC)
No Joint Venture or Partnership. Each Borrower and Lender ------------------------------- intend that the relationship created hereunder be solely that of borrower and lender. Operator and Lender intend that the relationship created hereunder be solely that of borrower guarantor and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender or between Operator and Lender nor to grant Lender any interest in any Individual the Mortgaged Property other than that of mortgagee or lender.
Appears in 3 contracts
Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenants-in-tenancy in common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property the Projects other than that of mortgagee or lenderas a lender and mortgagee.
Appears in 3 contracts
Samples: Loan Agreement (Mack Cali Realty Corp), Loan Agreement (Mack Cali Realty L P), Loan Agreement (Mack Cali Realty Corp)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of Borrower and mortgagee or grantor and beneficiary or borrower and lender, as the case may be. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual the Property other than that of mortgagee mortgagee, beneficiary or lender.
Appears in 2 contracts
Samples: Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing (Lightstone Value Plus Real Estate Investment Trust, Inc.), Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing (Lightstone Value Plus Real Estate Investment Trust, Inc.)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Manager and Lender intend that the relationship created hereunder be solely that of manager and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender, between Manager and Lender, or between Guarantor and Lender nor to grant Lender any interest in any Individual the Property other than that of mortgagee or lender.
Appears in 2 contracts
Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)
No Joint Venture or Partnership. Each Borrower Owner and Lender intend ------------------------------- that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-in- common, or joint tenancy relationship between any Borrower Owner and Lender nor to grant Lender any interest in any Individual the Mortgaged Property other than that of mortgagee or lender.
Appears in 2 contracts
Samples: Indenture of Mortgage, Deed of Trust, Security Agreement, Fixture Filing, Financing Statement and Assignment of Rents and Leases (Merkert American Corp), Loan Agreement (Merkert American Corp)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-in- common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual the Mortgaged Property other than that of mortgagee or lender.
Appears in 2 contracts
Samples: Loan Agreement (Forum Group Inc), Loan Agreement (Mark Centers Trust)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder under this Agreement and the other Loan Documents be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor or to grant to Lender any interest in any Individual Property the Premises other than that of mortgagee or lendersecured party.
Appears in 2 contracts
Samples: Loan Agreement (Inland Residential Properties Trust, Inc.), Loan Agreement (Inland Residential Properties Trust, Inc.)
No Joint Venture or Partnership. Each Borrower Borrowers and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower Borrowers and Lender nor to grant Lender any interest in any Individual Property the Collateral other than that of secured party, mortgagee or lender.
Appears in 2 contracts
Samples: Loan Agreement (GTJ REIT, Inc.), Loan Agreement (GTJ REIT, Inc.)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between Borrower (or Manager or any Borrower Affiliate of Borrower) and Lender nor to grant Lender any interest in any Individual Property the Collateral other than that of secured party, mortgagee or lender.
Appears in 2 contracts
Samples: Loan Agreement (Great Wolf Resorts, Inc.), Loan Agreement (Great Wolf Resorts, Inc.)
No Joint Venture or Partnership. Each Borrower Borrowers and Lender intend that the relationship 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, tenantstenancy-in-common, or joint tenancy relationship between any Borrower Borrowers and Lender nor to grant Lender any interest in any Individual Property the Properties other than that of mortgagee pledgee or lender.
Appears in 2 contracts
Samples: Mezzanine Loan Agreement (Strategic Hotel Capital Inc), Mezzanine Loan Agreement (Strategic Hotel Capital Inc)
No Joint Venture or Partnership. Each Borrower Owner and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower Owner and Lender nor to grant Lender any interest in any Individual the Mortgaged Property other than that of mortgagee or lender.
Appears in 2 contracts
Samples: Loan Agreement (Maxxam Inc), Loan Agreement (Maxxam Inc)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any of Borrower or any contractor or Governmental Authority and Lender nor to grant Lender any interest in any Individual Property the Collateral other than that of mortgagee secured party or lender.
Appears in 2 contracts
Samples: Mezzanine Loan Documents (Strategic Storage Trust VI, Inc.), Mezzanine Loan Agreement (Strategic Storage Trust VI, Inc.)
No Joint Venture or Partnership. Each Borrower and each Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and any Lender nor to grant any Lender any interest in any Individual the Mortgaged Property other than that of mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein or in the other Loan Documents is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any and interest in any Individual the Mortgaged Property other than that of mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of a borrower and a lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property other than that of mortgagee or lenderLender.
Appears in 1 contract
Samples: Revolving Credit Agreement (Wellsford Real Properties Inc)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship 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, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property the Collateral other than that of mortgagee mortgagee, beneficiary or lender.
Appears in 1 contract
Samples: Loan Modification Agreement (Hospitality Investors Trust, Inc.)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship 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, tenants-in-commontenancy‑in‑common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property the Collateral other than that of mortgagee mortgagee, beneficiary or lender.
Appears in 1 contract
Samples: Loan Modification Agreement (Hospitality Investors Trust, Inc.)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenants-in-common, venture or joint tenancy partnership relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property other than that of mortgagee or lenderLender.
Appears in 1 contract
Samples: Loan Agreement (Carter Validus Mission Critical REIT, Inc.)
No Joint Venture or Partnership. Each Borrower and each Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and any Lender nor to grant any Lender any interest in any Individual Property the Collateral other than that of mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower and the Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property other than that of mortgagee or lenderthe Lender.
Appears in 1 contract
Samples: Loan and Security Agreement (Medical Discoveries Inc)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual the Trust Property other than that of mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship 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, tenants-in-tenancyin- common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property other than that of mortgagee or lenderLender.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (KBS Strategic Opportunity REIT, Inc.)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower of Borrower, Guarantor, Manager, any contractor or Governmental Authority and Lender nor to grant Lender any interest in any Individual the Property other than that of mortgagee mortgagee, beneficiary or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each The Borrower Parties and Lender intend that the relationship relationships created hereunder and under the other Loan Documents be solely that of borrower the Borrower Parties and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenantstenancy-in-common, common or joint tenancy relationship between any Borrower Party and Lender nor Lender, or to grant Lender any interest in any Individual Property the Collateral other than that of mortgagee pledgee, beneficiary or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship 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, tenantstenancy-in-in- common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property the Mortgaged Properties other than that of mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower Obligors and Lender intend that the relationship 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, tenantstenancy-in-common, or joint tenancy relationship between any Borrower Obligors and Lender nor to grant Lender any interest in any Individual Property the Properties other than that of mortgagee or lender.
Appears in 1 contract
Samples: Loan Agreement (Starwood Hotel & Resorts Worldwide Inc)
No Joint Venture or Partnership. Each Borrower The Borrowers and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual the Mortgaged Property other than that of mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower Borrowers and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to (a) create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower Borrowers and Lender nor to Lender, or (b) grant Lender any interest in any Individual Property the Collateral other than that of secured party, mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each The Borrower and the Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any the Borrower and the Lender nor to grant the Lender any interest in any Individual the REO Property, Mortgaged Property or Additional Collateral other than that of mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder under this Agreement and the other Loan Documents be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant to Lender any interest in any Individual Property the Premises other than that of mortgagee (or lenderin the case of a deed of trust, beneficiary) or secured party.
Appears in 1 contract
Samples: Loan Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)
No Joint Venture or Partnership. Each Borrower Borrowers and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower Borrowers and Lender nor to grant Lender any interest in any Individual Property other than that of mortgagee or lenderLender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower of Borrower, Manager, any Contractor or Governmental Authority and Lender nor to grant Lender any interest in any Individual the Property other than that of mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower The Borrowers and the Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and the Lender nor to grant the Lender any interest in any Individual the Mortgaged Property other than that of mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower of Borrower, any contractor or Governmental Authority and Lender nor to grant Lender any interest in any Individual Property the Collateral other than that of mortgagee secured party or lender.
Appears in 1 contract
Samples: Term Loan Agreement (Strategic Storage Trust VI, Inc.)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenants-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual the Property other than that of mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder under this Agreement and the other Loan Documents be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant to Lender any interest in any Individual the Property other than that of mortgagee or lendersecured party.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower and Lender ------------------------------- intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual the Mortgaged Property other than that of mortgagee or lender.
Appears in 1 contract
Samples: Loan Agreement (G&l Realty Corp)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower of Borrower, Manager, any contractor or Governmental Authority and Lender nor to grant Lender any interest in any Individual Property the Collateral other than that of mortgagee secured party or lender.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Strategic Storage Trust VI, Inc.)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower of Borrower, any contractor or Governmental Authority and Lender nor to grant Lender any interest in any Individual the Property other than that of mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of Borrower and Lender or borrower and lender, as the case may be. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property the Collateral other than that of mortgagee Lender or lender.
Appears in 1 contract
Samples: Revolving Credit Agreement (Philips International Realty Corp)
No Joint Venture or Partnership. Each Borrower Borrowers and Lender Lenders intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-in- common, or joint tenancy relationship between any Borrower Borrowers and Lender Lenders nor to grant Lender Lenders any interest in any Individual the Mortgaged Property other than that of mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Operator and Lender intend that the relationship created hereunder be solely that of guarantor and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender or between Operator and Lender nor to grant Lender any interest in any Individual the Mortgaged Property other than that of mortgagee or lender.
Appears in 1 contract
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of mortgagor and mortgagee or grantor and beneficiary or borrower and lender, as the case may be. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual the Property other than that of mortgagee mortgagee, beneficiary or lender.. 104
Appears in 1 contract
Samples: Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing (Pebblebrook Hotel Trust)
No Joint Venture or Partnership. Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenantstenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property the Pledged Collateral other than that of mortgagee or lender.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)
