Borrower in Control. In no event shall Lender’s rights and interests under the Loan Documents be construed to give Lender the right to control, or be deemed to indicate that Lender is in control of, the business, management or properties of Borrower or the daily management functions and operating decisions made by Borrower.
Appears in 5 contracts
Samples: Construction Loan Agreement (Campus Crest Communities, Inc.), Construction Loan Agreement (Campus Crest Communities, Inc.), Subordinate Credit Agreement (Plains Capital Corp)
Borrower in Control. In no event shall Lender’s 's rights and interests under the Loan Documents Instruments be construed to give Lender the right to controlto, or be deemed to indicate that Lender is in control of, of the business, management or properties of Borrower or has power over the daily management functions and operating decisions made by Borrower.
Appears in 4 contracts
Samples: Acquisition and Development Loan Agreement (Oriole Homes Corp), Acquisition and Construction Loan Agreement (Mego Financial Corp), Loan Agreement (Mego Financial Corp)
Borrower in Control. In no event shall Lender’s 's rights and interests under the Loan Documents be construed to give Lender the right to controlto, or be deemed to indicate that Lender is in control of, of the business, management or properties of Borrower or has power over the daily management functions and operating decisions made by Borrower.
Appears in 3 contracts
Samples: Loan Agreement (American Physicians Service Group Inc), 49 Loan Agreement (American Physicians Service Group Inc), Construction Loan Agreement (Silverleaf Resorts Inc)
Borrower in Control. In no event shall Lender’s rights and interests under the Loan Documents be construed to give Lender the right to controlto, or be deemed to indicate that Lender is in control of, of the business, management or properties of Borrower or has power over the daily management functions and operating decisions made by Borrower.
Appears in 2 contracts
Samples: Disbursement Agreement (Campus Crest Communities, Inc.), Secured Construction Loan Agreement (Campus Crest Communities, Inc.)
Borrower in Control. In no event shall Lender’s the Lenders’ rights and interests under the Loan Documents be construed to give Lender the Lenders the right to control, or be deemed to indicate that Lender is the Lenders are in control of, the business, management or properties of Borrower or the daily management functions and operating decisions made by Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Lucas Energy, Inc.), Loan Agreement (Lucas Energy, Inc.)
Borrower in Control. In no event shall Lender’s 's rights and interests under the Loan Documents be construed to give Lender the right to control, or be deemed to indicate that Lender is in control of, the business, management or properties of Borrower or the daily properties, management functions and or operating decisions made by Borrower.
Appears in 1 contract
Borrower in Control. In no event shall Lender’s 's rights and interests under the Loan Documents Security Instruments be construed to give Lender the right to controlto, or be deemed to indicate that Lender is in control of, of the business, management or properties of Borrower or has power over the daily management functions and operating decisions made by Borrower.
Appears in 1 contract
Borrower in Control. In no event shall Lender’s rights and interests under the Loan Documents Credit Agreement be construed to give Lender the right to controlto, or be deemed to indicate that Lender is in control of, of the business, management or properties of Borrower or has power over the daily management functions and operating decisions made by Borrower.
Appears in 1 contract
Borrower in Control. In no event shall Lender’s 's rights and interests under the Loan Documents be construed to give Lender the right to controlto, or be deemed to indicate that Lender is in control of, of the business, management or properties of Borrower or any Target Center or has power over the daily management functions and operating decisions made by BorrowerBorrower or any Target Center.
Appears in 1 contract
Borrower in Control. In no event shall Lender’s 's rights and interests under the Loan Documents be construed to give Lender the right to controlto, or be deemed to indicate that Lender is in control of, of the business, management or properties of Borrower or any Target Location or has power over the daily management functions and operating decisions made by BorrowerBorrower or any Target Location.
Appears in 1 contract
Borrower in Control. In no event shall Lender’s rights and interests under the Loan Documents Instruments be construed to give Lender the right to control, or be deemed to indicate that Lender is in control of, ; the business, management or properties of Borrower or has power over the daily management functions and operating decisions made by Borrower.
Appears in 1 contract
Samples: Construction and Semi Permanent Loan Agreement (Advanced Environmental Recycling Technologies Inc)
Borrower in Control. In no event shall Lender’s 's rights and interests under the Loan Documents Instruments be construed to give Lender the right to controlto, or be deemed to indicate that Lender is in control of, of the business, management or properties of Borrower Borrower, or has power over the daily management functions and operating decisions made by Borrower.
Appears in 1 contract
Samples: Loan Agreement (Lucas Energy, Inc.)
