Common use of No Reliance on Lender Clause in Contracts

No Reliance on Lender. Either the Borrower's representatives and managers or the general partners, 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 Lender's expertise, business acumen or advice in connection with the Property.

No Reliance on Lender. Either the Borrower's representatives and managers or the (a) The general partners, members, principals and (if Borrower or Operator is a trust) beneficial owners of Borrower and Operator are experienced in the ownership and operation of properties similar to the Property, and Borrower Mortgagor and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Neither Borrower nor Operator is not relying on Lender's ’s expertise, business acumen or advice in connection with the Property.

No Reliance on Lender. Either the Borrower's representatives and managers or the The general partners, 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 Lender's expertise, business acumen or advice in connection with the Property.

No Reliance on Lender. Either the Borrower's representatives and managers or the The general partners, 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 Lender's ’s or Agent’s expertise, business acumen or advice in connection with the Property.