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.
Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Lender and Borrower shall be solely that of creditor and debtor, respectively, and nothing contained in this Instrument shall create any other relationship between Lender and Borrower.
Relationship of Parties; No Third Party Beneficiary. 11.07 Severability; Amendments
Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Xxxxxx and Xxxxxxxx shall be solely that of creditor and debtor, respectively, and nothing contained in this Instrument shall create any other relationship between Xxxxxx and Borrower.
Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Xxxxxx and Xxxxxxxx will be solely that of creditor and debtor, respectively, and nothing contained in this Instrument will create any other relationship between Xxxxxx and Borrower. Nothing contained in this 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.
Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Funding Lender and Borrower will be solely that of creditor and debtor, respectively, and nothing contained in this Continuing Covenant Agreement will create any other relationship between Funding Lender and Borrower. Nothing contained in this Continuing Covenant Agreement will constitute Funding Lender as a joint venturer, partner or agent of Borrower, or render Funding Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.
Relationship of Parties; No Third Party Beneficiary. The relationship between Lender and Borrower shall be solely that of creditor and debtor, respectively, and nothing contained in this Security Instrument shall create any other relationship between Lender and Borrower. No creditor of any party to this Security Instrument and no other person shall be a third party beneficiary of this Security Instrument or any other Loan Document.
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 Instrument will create any other relationship between Lender and Borrower. Nothing contained in this 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. (b) No creditor of any party to this Instrument and no other Person will be a third party beneficiary of this Instrument or any other Loan Document. Without limiting the generality of the preceding sentence, (i) any arrangement ("Servicing Arrangement") between Lender and any Loan Servicer for loss sharing or interim advancement of funds will constitute a contractual obligation of such Loan Servicer that is independent of the obligation of Borrower for the payment of the Indebtedness, (ii) Borrower will not be a third party beneficiary of any Servicing Arrangement, and (iii) no payment by the Loan Servicer under any Servicing Arrangement will reduce the amount of the Indebtedness. 18.
Relationship of Parties; No Third Party Beneficiary. The provisions of Section 9.15 of the Credit Agreement are incorporated herein by reference to the same extent as if fully set forth herein.
Relationship of Parties; No Third Party Beneficiary. The relationship between Mortgagee and Mortgagor shall be solely that of creditor and debtor, respectively, and nothing contained in this Instrument shall create any other relationship between Mortgagee and Mortgagor. No creditor of any party to this Instrument and no other person shall be a third party beneficiary of this Instrument or any other Loan Document.
