Common use of Sole Discretion of Lender Clause in Contracts

Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove all decisions that arrangements or terms are satisfactory or not satisfactory, and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 16 contracts

Samples: Mortgage and Security Agreement (Butler International Inc /Md/), Contribution Agreement (Cv Reit Inc), Mortgage and Security Agreement (Pennsylvania Real Estate Investment Trust)

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Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 16 contracts

Samples: Security Agreement, Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Talon Real Estate Holding Corp.), Mortgage and Security Agreement (Paladin Realty Income Properties Inc)

Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusiveLender, except as may be otherwise expressly and specifically provided herein.

Appears in 15 contracts

Samples: Mortgage and Security Agreement (Resource Real Estate Opportunity REIT, Inc.), Deed of Trust and Security Agreement (Innovative Micro Technology Inc), Deed of Trust and Security Agreement (Corporate Property Associates 15 Inc)

Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusiveLender, except as may be otherwise expressly and specifically provided hereinherein or in any of the other Loan Documents.

Appears in 6 contracts

Samples: Leasehold Mortgage, Assignment of Leases and Rents and Security Agreement (KBS Real Estate Investment Trust, Inc.), Deed of Trust (FelCor Lodging Trust Inc), Mortgage and Security Agreement (Corporate Property Associates 15 Inc)

Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusiveLender, except as may be otherwise expressly and specifically provided herein.

Appears in 3 contracts

Samples: Open End Mortgage and Security Agreement (Associated Estates Realty Corp), Open End Mortgage and Security Agreement (Associated Estates Realty Corp), Open End Mortgage and Security Agreement (Cedar Shopping Centers Inc)

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Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove all decisions that arrangements or terms are satisfactory or not satisfactory, and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusiveLender, except as may be otherwise expressly and specifically provided hereinin this Security Instrument.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement

Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any and, other decision or determination is to be made by LenderXxxxxx, the decision of Lender Xxxxxx to approve or disapprove all decisions that arrangements or terms are satisfactory or not satisfactory, and all other decisions and determinations made by LenderXxxxxx, shall be in the sole and absolute discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Hartman Commercial Properties Reit)

Sole Discretion of Lender. Wherever pursuant to this ------------------------- Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 1 contract

Samples: Variable Interest Rate Deed of Trust (Kilroy Realty Corp)

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