Common use of Relationship of Parties; No Third Party Beneficiary Clause in Contracts

Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Lender and Borrower will be solely that of creditor and debtor, respectively, and nothing contained in this Loan Agreement will create any other relationship between Lender and Borrower. Nothing contained in this Loan Agreement will constitute Lender as a joint venturer, partner or agent of Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.

Appears in 94 contracts

Samples: Loan Agreement (Vinebrook Homes Trust, Inc.), Loan Agreement, Multifamily Loan and Security Agreement

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Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Lender and Borrower will be solely that of creditor and debtor, respectively, and nothing contained in this Loan Agreement Instrument will create any other relationship between Lender and Borrower. Nothing contained in this Loan Agreement Instrument will constitute Lender as a joint venturer, partner or agent of Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.

Appears in 28 contracts

Samples: And Security Agreement, Security Agreement (Strategic Student & Senior Housing Trust, Inc.), Security Agreement and Fixture Filing (Steadfast Income REIT, Inc.)

Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Lender and Borrower will be solely that of creditor and debtor, respectively, and nothing contained in this Loan Agreement or the other Loan Documents will create any other relationship between Lender and Borrower. Nothing contained in this Loan Agreement or the other Loan Documents will constitute Lender as a joint venturer, partner or agent of Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.

Appears in 9 contracts

Samples: Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)

Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Lender Xxxxxx and Borrower Xxxxxxxx will be solely that of creditor and debtor, respectively, and nothing contained in this Loan Agreement will create any other relationship between Lender Xxxxxx and Borrower. Nothing contained in this Loan Agreement will constitute Lender as a joint venturer, partner or agent of Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.

Appears in 7 contracts

Samples: Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.), Loan Agreement, Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.)

Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Lender Xxxxxx and Borrower Xxxxxxxx will be solely that of creditor and debtor, respectively, and nothing contained in this Loan Agreement will create any other relationship between Lender Xxxxxx and Borrower. Nothing contained in this Loan Agreement will constitute Lender as a joint venturer, partner partner, or agent of Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.

Appears in 2 contracts

Samples: Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement

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Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Lender and Borrower will be solely that of creditor and debtor, respectively, and nothing contained in this Loan Agreement will create any other relationship between Lender and Borrower. Nothing contained in this Loan Agreement will constitute Lender as a joint venturer, partner or agent of Lofts at NoHo Commons Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (KBS Strategic Opportunity REIT II, Inc.)

Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Lender Lxxxxx and Borrower Bxxxxxxx will be solely that of creditor and debtor, respectively, and nothing contained in this Loan Agreement will create any other relationship between Lender Lxxxxx and Borrower. Nothing contained in this Loan Agreement will constitute Lender as a joint venturer, partner or agent of Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (Sentio Healthcare Properties Inc)

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