Sole Discretion of Beneficiary. Wherever pursuant to this Deed of Trust Beneficiary exercises any right given to it to approve or disapprove, or any arrangement or term is to be satisfactory to Beneficiary, the decision of Beneficiary to approve or disapprove or to decide that arrangements or terms are satisfactory or not satisfactory shall be in the discretion of Beneficiary and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.
Appears in 4 contracts
Samples: Deed of Trust, Leasehold Deed of Trust, Assignment of Leases and Profits, Security Agreement and Fixture Filing (Innkeepers Usa Trust/Fl), Deed of Trust, Leasehold Deed of Trust, Assignment of Leases and Profits, Security Agreement and Fixture Filing (Innkeepers Usa Trust/Fl), Deed of Trust (Innkeepers Usa Trust/Fl)
Sole Discretion of Beneficiary. Wherever pursuant to this Deed of Trust Trust, Beneficiary exercises any right given to it to approve or disapprove, or any arrangement or term is to be satisfactory to Beneficiary, the decision of Beneficiary to approve or disapprove or to decide that arrangements or terms are satisfactory or not satisfactory shall be in the sole discretion of Beneficiary and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.
Appears in 3 contracts
Samples: Deed of Trust (West Coast Realty Investors Inc), Deed of Trust, Assignment of Leases and Rents and Security Agreement (Mid America Capital Partners L P), Deed of Trust, Assignment of Leases and Rents, and Security Agreement (Hospitality Properties Trust)
Sole Discretion of Beneficiary. Wherever pursuant to this Deed of Trust Beneficiary exercises any right given to it to approve or disapprove, or any arrangement or term is to be satisfactory to Beneficiary, the decision of Beneficiary to approve or disapprove or to decide that arrangements or terms are satisfactory or not satisfactory shall be in the discretion sole discretion, not arbitrary or capricious, of Beneficiary and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.
Appears in 2 contracts
Samples: Deed of Trust (Equity Inns Inc), Deed of Trust (Equity Inns Inc)