No Reliance on Lender. The general partners, members, principals and (if Grantor is a trust) beneficial owners of Grantor, as applicable, are experienced in the ownership and operation of properties similar to the Property, and Grantor and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Grantor is not relying on Lender’s expertise, business acumen or advice in connection with the Property.
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Samples: www.truist.com, Moody National REIT I, Inc.
No Reliance on Lender. The general partners, members, principals and (if Grantor is a trust) beneficial owners of Grantor, as applicable, are experienced in the ownership and operation of properties similar to the Property, and Grantor and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Grantor is not relying on Lender’s Xxxxxx's expertise, business acumen or advice in connection with the Property.
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Samples: Security Agreement and Fixture Filing, www.truist.com
No Reliance on Lender. The general partners, members, principals and (if Grantor is a trust) beneficial owners of Grantor, as applicable, Grantor are experienced in the ownership and operation of properties similar to the Property, and Grantor and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Grantor is not relying on LenderLxxxxx’s expertise, business acumen or advice in connection with the Property.
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