Relationship of Mortgagor and Mortgagee. The relationship between Mortgagor, on the one hand, and Mortgagee and/or Lenders, on the other, is solely that of debtor and creditor, and Mortgagee has no fiduciary or other special relationship with Mortgagor, and no term or condition of any of the Loan Agreement, the Note, this Security Instrument and the other Loan Documents shall be construed so as to deem the relationship between Mortgagor, on the one hand, and Mortgagee and/or Lenders, on the other, to be other than that of debtor and creditor.
Appears in 3 contracts
Samples: And Rents and Security Agreement (Empire State Building Associates L.L.C.), And Rents and Security Agreement (Empire State Realty Trust, Inc.), And Rents and Security Agreement (Empire State Realty Trust, Inc.)
Relationship of Mortgagor and Mortgagee. The relationship between Mortgagor, on the one hand, and Mortgagee and/or LendersMortgagee, on the other, is solely that of debtor and creditor, and Mortgagee has no fiduciary or other special relationship with Mortgagor, and no term or condition of any of the Project Loan Agreement, the Project Loan Note, this Security Instrument and the other Project Loan Documents shall be construed so as to deem the relationship between Mortgagor, on the one hand, and Mortgagee and/or LendersMortgagee, on the other, to be other than that of debtor and creditor.
Appears in 1 contract
Samples: Leases and Rents and Security Agreement (KBS Real Estate Investment Trust, Inc.)
Relationship of Mortgagor and Mortgagee. The relationship between Mortgagor, on the one hand, and Mortgagee and/or LendersMortgagee, on the other, is solely that of debtor and creditor, and Mortgagee has no fiduciary or other special relationship with Mortgagor, and no term or condition of any of the Senior Loan Agreement, the Senior Loan Note, this Security Instrument and the other Senior Loan Documents shall be construed so as to deem the relationship between Mortgagor, on the one hand, and Mortgagee and/or LendersMortgagee, on the other, to be other than that of debtor and creditor.
Appears in 1 contract
Samples: Rents and Security Agreement (KBS Real Estate Investment Trust, Inc.)
Relationship of Mortgagor and Mortgagee. The relationship between Mortgagor, on the one hand, and Mortgagee and/or LendersLender, on the other, is solely that of debtor and creditor, and Mortgagee has no fiduciary or other special relationship with Mortgagor, and no term or condition of any of the Building Loan Agreement, the Building Loan Note, this Security Instrument and the other Building Loan Documents shall be construed so as to deem the relationship between Mortgagor, on the one hand, and Mortgagee and/or LendersLender, on the other, to be other than that of debtor and creditor.
Appears in 1 contract
Samples: Security Agreement (Alexanders Inc)
Relationship of Mortgagor and Mortgagee. The relationship between Mortgagor, on the one hand, and Mortgagee and/or LendersMortgagee, on the other, is solely that of debtor and creditor, and Mortgagee has no fiduciary or other special relationship with Mortgagor, and no term or condition of any of the Building Loan Agreement, the Building Loan Note, this Security Instrument and the other Building Loan Documents shall be construed so as to deem the relationship between Mortgagor, on the one hand, and Mortgagee and/or LendersMortgagee, on the other, to be other than that of debtor and creditor.
Appears in 1 contract
Samples: Rents and Security Agreement (KBS Real Estate Investment Trust, Inc.)
