Common use of Nonliability of Lender Clause in Contracts

Nonliability of Lender. Borrower acknowledges and agrees that by accepting or approving anything required to be observed, performed, fulfilled, or given to Lender pursuant to this Agreement or the other Loan Documents, including any certificate, Financial Statement, appraisal or insurance policy, Lender shall not be deemed to have warranted or represented the sufficiency, legality, effectiveness or legal effect of the same, or of any term, provision, or condition thereof, and such acceptance or approval thereof shall not be or constitute any warranty or representation to anyone with respect thereto by Lender.

Appears in 5 contracts

Samples: Business Loan Agreement (Redwood Mortgage Investors IX), Business Loan Agreement (Redwood Mortgage Investors Viii), Business Loan and Security Agreement (Iron Bridge Mortgage Fund, LLC)

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Nonliability of Lender. Borrower acknowledges and agrees that by accepting or approving anything required to be observed, performed, fulfilled, or given to Lender pursuant to this Agreement or any of the other Loan Documents, including any certificate, Financial Statementfinancial statement, appraisal, statement of profit and loss, or other financial statement, survey, appraisal or insurance policy, Lender shall not be deemed to have warranted or represented the sufficiency, legality, effectiveness or legal effect of the same, or of any term, provision, or condition thereof, and such acceptance or approval thereof shall not be or constitute any warranty or representation to anyone with respect thereto by Lender.

Appears in 2 contracts

Samples: Loan Agreement (Alpha Investment Inc.), Loan Agreement (Alpha Investment Inc.)

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Nonliability of Lender. Borrower acknowledges and agrees that by ---------------------- accepting or approving anything required to be observed, performed, fulfilled, or given to Lender pursuant to this Agreement or the other Loan Documents, including any certificate, Financial Statement, appraisal or insurance policy, Lender shall not be deemed to have warranted or represented the sufficiency, legality, effectiveness or legal effect of the same, or of any term, provision, or condition thereof, and such acceptance or approval thereof shall not be or constitute any warranty or representation to anyone with respect thereto by Lender.

Appears in 1 contract

Samples: Term Loan Agreement (Four Media Co)

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