Common use of PURCHASE OF MEZZANINE LOANS Clause in Contracts

PURCHASE OF MEZZANINE LOANS. 1.1 Loan Purchase Agreements. CNP Investor, as described above, has entered into the Loan Purchase Agreements with respect to the Mezzanine Loans. TPG shall use commercially reasonable efforts to facilitate the consummation of the Loan Purchase Agreements, including without limitation, by consulting and coordinating with the Mezzanine Lenders and assisting with the satisfaction of conditions to closing thereunder. Notwithstanding the foregoing, CNP shall have the right and authority to make all decisions and take all actions under the Loan Purchase Agreements in its sole and absolute discretion.

Appears in 4 contracts

Samples: Loan Termination Agreement, Master Agreement, Master Agreement (Thomas Properties Group Inc)

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