Common use of No Third Party Reliance Clause in Contracts

No Third Party Reliance. No third party shall be entitled to rely upon this Agreement or to have any of the benefits of Agent’s and the Lenders’ interest hereunder, unless such third party is an express assignee of all or a portion of the interest of Agent and/or any Lender hereunder.

Appears in 4 contracts

Samples: Loan Agreement (KBS Real Estate Investment Trust III, Inc.), Construction Loan Agreement (Saul Centers Inc), Revolving Loan Agreement (Kennedy-Wilson Holdings, Inc.)

AutoNDA by SimpleDocs

No Third Party Reliance. No third party shall be is entitled to rely upon this Agreement or to have any of the benefits of Administrative Agent’s and the Lenders’ 's or any Lender's interest hereunder, unless such third party is an express assignee of all or a portion of the a Lender's interest of Agent and/or any Lender hereunderhereunder in accordance with Section 10.10 and Section 10.11 hereof.

Appears in 2 contracts

Samples: Revolving and Term Loan Agreement (KBS Real Estate Investment Trust III, Inc.), Term Loan Agreement (KBS Real Estate Investment Trust III, Inc.)

AutoNDA by SimpleDocs

No Third Party Reliance. No third party shall be entitled to rely upon this Agreement or to have any of the benefits of Administrative Agent’s and the Lenders’ interest hereunder, unless such third party is an express assignee of all or a portion of the Administrative Agent’s interest of Agent and/or any Lender hereunder.

Appears in 1 contract

Samples: Loan Agreement (KBS Growth & Income REIT, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!