No Lender Obligation. Nothing in this Loan Agreement shall:
No Lender Obligation. Nothing in this Loan Agreement shall: make Lender responsible for making or completing the Replacements, Repairs, or Restoration; require Lender to expend funds, whether from any Reserve/Escrow Account, or otherwise, to make or complete any Replacement, Repair, or Restoration item; obligate Lender to proceed with the Replacements, Repairs, or Restoration; or obligate Lender to demand from Borrower additional sums to make or complete any Replacement, Repair, or Restoration item. No Lender Warranty. Lender’s approval of any plans for any Replacement, Repair, or Restoration, release of funds from any Reserve/Escrow Account, inspection of the Mortgaged Property by Lender or its agents, representatives, or designees, or other acknowledgment of completion of any Replacement, Repair, or Restoration in a manner satisfactory to Lender shall not be deemed an acknowledgment or warranty by Lender to any Person that the Replacement, Repair, or Restoration has been completed in accordance with applicable building, zoning, or other codes, ordinances, statutes, laws, regulations, or requirements of any Governmental Authority, such responsibility being at all times exclusively that of Borrower.
No Lender Obligation. Nothing contained in this Agreement shall create any responsibility or obligation of Agent to collect any amounts owing on account of any such condemnation or proceedings relating to the Property, to rebuild or replace any damaged or destroyed property or to perform any other act hereunder.
No Lender Obligation. Nothing in this Master Agreement shall:
No Lender Obligation. Nothing in this Loan Agreement shall: make Lender responsible for making or completing the Replacements, Repairs, or Restoration; require Lender to expend funds, whether from any Reserve/Escrow Account, or otherwise, to make or complete any Replacement, Repair, or Restoration item; obligate Lender to proceed with the Replacements, Repairs, or Restoration; or obligate Lender to demand from Borrower additional sums to make or complete any Replacement, Repair, or Restoration item. No Lender Warranty. Lender’s approval of any plans for any Replacement, Repair, or Restoration, release of funds from any Reserve/Escrow Account, inspection of the Mortgaged Property by Lender or its agents, representatives, or designees, or other acknowledgment of completion of any Replacement, Repair, or Restoration in a manner satisfactory to Lender shall not be deemed an acknowledgment or warranty by Lender to any Person that the Replacement, Repair, or Restoration has been completed in accordance with applicable building, zoning, or other codes, ordinances, statutes, laws, regulations, or requirements of any Governmental Authority, such responsibility being at all times exclusively that of Borrower. - DEFAULTS/REMEDIES Events of Default. The occurrence of any one or more of the following in this Section 14.1 shall constitute an Event of Default under this Loan Agreement. Automatic Events of Default. Any of the following shall constitute an automatic Event of Default: any failure by Borrower to pay or deposit when due any amount required by the Note, this Loan Agreement or any other Loan Document; any failure by Borrower to maintain the insurance coverage required by any Loan Document; any failure by Borrower to comply with the provisions of Section 4.2(kk) relating to its single asset status; if any warranty, representation, certification, or statement of Borrower or Guarantor in this Loan Agreement or any of the other Loan Documents is false, inaccurate, or misleading in any material respect when made; fraud, gross negligence, willful misconduct, or material misrepresentation or material omission by or on behalf of Borrower, Guarantor, or Key Principal or any of their officers, directors, trustees, partners, members, or managers in connection with: the application for, or creation of, the Indebtedness; any financial statement, rent roll, or other report or information provided to Lender during the term of the Mortgage Loan; or any request for Lender’s consent to any proposed a...
No Lender Obligation. Nothing in this Loan Agreement shall: make Lender responsible for making or completing the Replacements or Repairs; require Lender to expend funds, whether from the Replacement Reserve Account, the Repairs Escrow Account, or otherwise, to make or complete any Replacement or Repair; obligate Lender to proceed with the Replacements or Repairs; or obligate Lender to demand from any Obligor additional sums to make or complete any Replacement or Repair.
No Lender Obligation. Except as the previous subpara- graph provides, no Secured Party shall ever be obligated to make a payment to contribute to any Expense.
No Lender Obligation. None of the Secured Parties have any obligation to the Timber Manager with respect to the Loan Documents.
No Lender Obligation. Lender shall not, under any circumstances, be required to build or rebuild any improvements on the Mortgaged Property (or any private roadways, sidewalks or curbs appurtenant thereto), or to make any repairs, replacements, renovations, alterations, restorations, modifications, or renewals of any. nature or description to the Mortgaged Property (or any private roadways, sidewalks or curbs appurtenant thereto), whether ordinary or extraordinary, structural or non-structural, foreseen or unforeseen, or to make any expenditure whatsoever with respect thereto in connection with this Loan Agreement, or to maintain the Mortgaged Property (or any private roadways, sidewalks or curbs appurtenant thereto) in any way. 6.25.3
No Lender Obligation. Nothing contained in this Agreement shall create any responsibility or obligation of Lender to collect any amounts owing on account of any such condemnation or proceedings relating to the Property, to rebuild or replace any damaged or destroyed property or to perform any other act hereunder.
