No Reliance on Lender. The general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s expertise, business acumen or advice in connection with the Property.
Appears in 35 contracts
Samples: Security Agreement and Fixture Filing, Security Agreement and Fixture (Moody National REIT I, Inc.), Security Agreement (Inland Real Estate Income Trust, Inc.)
No Reliance on Lender. The general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s 's expertise, business acumen or advice in connection with the Property.
Appears in 35 contracts
Samples: Mortgage and Security Agreement (Glimcher Realty Trust), Mortgage and Security Agreement (Glimcher Realty Trust), And Security Agreement (Behringer Harvard Reit I Inc)
No Reliance on Lender. The members, general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s 's expertise, business acumen or advice in connection with the Property.
Appears in 17 contracts
Samples: Mortgage and Security Agreement (Corporate Property Associates 15 Inc), And Consolidated Mortgage and Security Agreement (Alexanders Inc), Mortgage and Security Agreement (Cedar Income Fund LTD /Md/)
No Reliance on Lender. The members, general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s expertise, business acumen or advice in connection with the Property.
Appears in 5 contracts
Samples: Security Agreement, Trust and Security Agreement (Innovative Micro Technology Inc), Restatement Agreement (KBS Real Estate Investment Trust, Inc.)
No Reliance on Lender. The general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower Borrower, as applicable, are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s expertise, business acumen or advice in connection with the Property.
Appears in 3 contracts
Samples: www.sec.gov, Security Agreement and Fixture Filing (Moody National REIT II, Inc.), Security Agreement and Fixture Filing (Moody National REIT II, Inc.)
No Reliance on Lender. The members, general partners, membersprincipals, principals shareholders, and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s 's expertise, business acumen or advice in connection with the Property.
Appears in 2 contracts
Samples: Aerc Muirwood (Associated Estates Realty Corp), Security Agreement (Associated Estates Realty Corp)
No Reliance on Lender. The general partners, managers, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s expertise, business acumen or advice in connection with the Property.
Appears in 2 contracts
Samples: Deed of Trust and Security Agreement (Maguire Properties Inc), Deed of Trust and Security Agreement
No Reliance on Lender. The members, general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s Xxxxxx's expertise, business acumen or advice in connection with the Property.
Appears in 2 contracts
Samples: Trust and Security Agreement (Corporate Property Associates 15 Inc), Corporate Property Associates 15 Inc
No Reliance on Lender. The general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on LenderXxxxxx’s expertise, business acumen or advice in connection with the Property.
Appears in 2 contracts
Samples: Security Agreement and Fixture Filing (TNP Strategic Retail Trust, Inc.), Fidelity National Title Agency (TNP Strategic Retail Trust, Inc.)
No Reliance on Lender. The general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower Borrower, as applicable, are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on LenderXxxxxx’s expertise, business acumen or advice in connection with the Property.
Appears in 2 contracts
Samples: Security Agreement and Fixture Filing (Glimcher Realty Trust), TNP Strategic Retail Trust, Inc.
No Reliance on Lender. The general partners, managers, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on LenderXxxxxx’s expertise, business acumen or advice in connection with the Property.
Appears in 2 contracts
Samples: Deed of Trust and Security Agreement, Deed of Trust and Security Agreement (Maguire Properties Inc)
No Reliance on Lender. The general partners, members, principals and (if Borrower is a trust) beneficial owners and/or managers of Borrower or the foregoing, as applicable, are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender and Agent are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s or Agent’s expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
Samples: Security Agreement and Fixture Filing (Allegiant Travel CO)
No Reliance on Lender. The general partners, shareholders, members, principals and (if Borrower is a trust) or other beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the PropertyProperties, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the PropertyProperties. Borrower is not relying on Lender’s 's expertise, business acumen or advice in connection with the PropertyProperties.
Appears in 1 contract
No Reliance on Lender. The general partners, members, principals and (if any Borrower is a trust) beneficial owners of each Borrower are experienced in the ownership and operation of properties similar to the Property, and each Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. No Borrower is not relying on Lender’s Xxxxxx's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
No Reliance on Lender. The members, general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s 's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
Samples: Deed of Trust and Security Agreement (Global Geophysical Services Inc)
No Reliance on Lender. The general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower Borrower, as applicable, are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s Xxxxxx's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
Samples: Security Agreement and Fixture Filing (Glimcher Realty Trust)
No Reliance on Lender. The general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower Borrower, as applicable, are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s 's expertise, business acumen or advice in connection with the Property.. Section 4.3
Appears in 1 contract
No Reliance on Lender. The general partnersofficers, shareholders, members, principals and (if Borrower is a trust) or other beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
Samples: Security Agreement (Talon Real Estate Holding Corp.)
No Reliance on Lender. The general partners, shareholders, members, principals and (if Borrower is a trust) or other beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the PropertyProperties, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the PropertyProperties. Borrower is not relying on Lender’s expertise, business acumen or advice in connection with the PropertyProperties.
Appears in 1 contract
No Reliance on Lender. The general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s 's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
Samples: Mortgage and Security Agreement (Wellsford Real Properties Inc)
No Reliance on Lender. The Either the Borrower's representatives and managers or the general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s 's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
Samples: Defined Terms (Fairchild Corp)
No Reliance on Lender. The members, general partners, members, principals and (if Borrower is a trust) beneficial owners of Borrower are experienced in the ownership ownership, leasing and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s 's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
Samples: And Consolidated Mortgage and Security Agreement (Alexanders Inc)
No Reliance on Lender. (a) The general partners, members, principals and (if Borrower or Operator is a trust) beneficial owners of Borrower and Operator are experienced in the ownership and operation of properties similar to the Property, and Borrower Mortgagor and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Neither Borrower nor Operator is not relying on Lender’s expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
Samples: Fixture Filing and Security Agreement (BRE Select Hotels Corp)
No Reliance on Lender. The general partners, officers, shareholders, members, principals and (if Borrower is a trust) and/ or other beneficial owners of Borrower are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s 's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
Samples: Electro Scientific Industries Inc
No Reliance on Lender. The general partners, members, principals and (if any Borrower is a trust) beneficial owners of each Borrower are experienced in the ownership and operation of properties similar to the Property, and each Borrower and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. No Borrower is not relying on Lender’s 's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
