Solely Creditor and Debtor. The relationship between Lender and Borrower shall be solely that of creditor and debtor, respectively, and nothing contained in this Loan Agreement shall create any other relationship between Lender and Borrower. Nothing contained in this Loan Agreement shall 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 6 contracts
Samples: Multifamily Loan and Security Agreement (Bluerock Residential Growth REIT, Inc.), Multifamily Loan and Security Agreement (Independence Realty Trust, Inc), Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)
Solely Creditor and Debtor. The relationship between Lender and Borrower shall be solely that of creditor and debtor, respectively, and nothing contained in this Loan Master Agreement shall create any other relationship between Lender and Borrower, nor between Lender and Property Operator. Nothing contained in this Loan Master Agreement shall constitute Lender as a joint venturer, partner partner, or agent of BorrowerBorrower or Property Operator, or render Lender liable for any debts, obligations, acts, omissions, representations representations, or contracts of BorrowerBorrower or Property Operator.
Appears in 1 contract
Samples: Master Credit Facility Agreement (Brookdale Senior Living Inc.)
Solely Creditor and Debtor. The relationship between Lender and Borrower shall be solely that of creditor and debtor, respectively, and nothing contained in this Loan Agreement shall create any other relationship between Lender and Borrower, nor between Lender and Master Lessee. Nothing contained in this Loan Agreement shall constitute Lender as a joint venturer, partner partner, or agent of BorrowerBorrower or Master Lessee, or render Lender liable for any debts, obligations, acts, omissions, representations representations, or contracts of BorrowerBorrower or Master Lessee.
Appears in 1 contract
Solely Creditor and Debtor. The relationship between Lender and Borrower shall be solely that of creditor and debtor, respectively, and nothing contained in this Loan Master Agreement shall create any other relationship between Lender and Borrower. Nothing contained in this Loan Master Agreement shall constitute Lender as a joint venturer, partner partner, or agent of Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations representations, or contracts of Borrower.
Appears in 1 contract
Samples: Master Credit Facility Agreement (Steadfast Apartment REIT, Inc.)
