No Liability of Bank. Whether or not Bank elects to employ any or all remedies available to it in the event of an occurrence of a Default Condition or Default, Bank shall not be liable for the construction of or failure to construct or complete or protect the Improvements or for payment of any expense incurred in connection with the exercise or any remedy available to Bank or for the construction or Completion of the Improvements or for the performance or nonperformance of any other obligation of Borrower.
Appears in 5 contracts
Samples: Revolving Line of Credit Agreement (CNL Health Care Properties Inc), Master Loan Agreement (International American Homes Inc), Revolving Line of Credit Agreement (CNL Health Care Properties Inc)
No Liability of Bank. Whether or not Bank elects to employ any or and all remedies available to it in the event of an occurrence of a Default Condition or an Event of Default, Bank shall not be liable for the construction of or failure to construct or complete or protect the Improvements or for payment of any expense incurred in connection with the exercise or of any remedy available to Bank or for the construction or Completion of the Improvements or for the performance or nonperformance of any other obligation of BorrowerBorrowers.
Appears in 3 contracts
Samples: Loan and Security Agreement (Martin Color-Fi Inc), Loan and Security Agreement (Martin Color-Fi Inc), Loan and Security Agreement (Martin Color-Fi Inc)
No Liability of Bank. Whether or not Bank elects to employ any or all remedies available to it in the event upon an Event of an occurrence of a Default Condition or Default, Bank shall not be liable for the construction of or failure to construct or complete or protect the Improvements or for payment of any expense incurred in connection with the exercise or of any remedy available to Bank or for the construction or Completion of the Improvements or for the performance or nonperformance of any other obligation of Borrower.
Appears in 2 contracts
Samples: Loan Agreement (RGC Resources Inc), Loan Agreement (RGC Resources Inc)
No Liability of Bank. Whether or not Bank elects to employ any or all remedies available to it in the event of an occurrence of a Default Condition or Default, Bank shall not be liable for the construction of or failure to construct or complete or protect the Improvements or for payment of any expense incurred in connection with the exercise or of any remedy available to Bank or for the construction or Completion completion of the Improvements or for the performance or nonperformance of any other obligation of Borrower.
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No Liability of Bank. Whether or not Bank elects to employ any or all remedies available to it in the event of an occurrence of a Default Condition or an Event of Default, Bank shall not be liable for the construction of or failure to construct or complete or protect the Improvements or for payment of any expense incurred in connection with the exercise or any remedy available to Bank or for the construction or Completion completion of the Improvements or for the performance or nonperformance of any other obligation of Borrower.
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