No Reliance on Lender. The general partners, managers, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Xxxxxx’s expertise, business acumen or advice in connection with the Property.
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Samples: Deed of Trust and Security Agreement (Maguire Properties Inc)
No Reliance on Lender. The general partners, managers, members, principals and (if any Borrower is a trust) beneficial owners of each Borrower are experienced in the ownership and operation of properties similar to the Property, and each Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. No Borrower is not relying on Xxxxxx’s 's expertise, business acumen or advice in connection with the Property.
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No Reliance on Lender. The general partners, managers, members, principals and (if Borrower is a trust) beneficial owners and/or managers of Borrower or the foregoing, as applicable, are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender and Agent are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on XxxxxxLender’s or Agent’s expertise, business acumen or advice in connection with the Property.
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No Reliance on Lender. The general partners, managers, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Xxxxxx’s Lender's expertise, business acumen or advice in connection with the Property.
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Samples: Mortgage and Security Agreement (Wellsford Real Properties Inc)
No Reliance on Lender. The general partners, managers, members, principals and (if any Borrower is a trust) beneficial owners of each Borrower are experienced in the ownership and operation of properties similar to the Property, and each Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. No Borrower is not relying on Xxxxxx’s Lender's expertise, business acumen or advice in connection with the Property.
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Samples: Open End Fee and Leasehold Mortgage and Security Agreement (Ventas Inc)
No Reliance on Lender. The members, general partners, managers, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Xxxxxx’s Lender's expertise, business acumen or advice in connection with the Property.
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Samples: Deed of Trust and Security Agreement (Global Geophysical Services Inc)
No Reliance on Lender. The Either the Borrower's representatives and managers or the general partners, managers, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Xxxxxx’s Lender's expertise, business acumen or advice in connection with the Property.
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No Reliance on Lender. The general partnersofficers, managersshareholders, members, principals and (if Borrower is a trust) or other beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on XxxxxxLender’s expertise, business acumen or advice in connection with the Property.
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No Reliance on Lender. The general partners, managersshareholders, members, principals and (if Borrower is a trust) or other beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the PropertyProperties, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the PropertyProperties. Borrower is not relying on Xxxxxx’s Lender's expertise, business acumen or advice in connection with the PropertyProperties.
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No Reliance on Lender. The members, general partners, managers, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership ownership, leasing and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Xxxxxx’s Lender's expertise, business acumen or advice in connection with the Property.
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