Common use of Determinations and Consents of Agent Clause in Contracts

Determinations and Consents of Agent. Unless expressly provided to the contrary in any particular instance, any determination, election or judgment made or any consent or waiver given by Agent pursuant to this Loan Agreement or any other Loan Document shall be made or given, as the case may be, in Agent’s sole and absolute discretion, whether or not the applicable provision of this Loan Agreement or such other Loan Document expressly so provides. In making any such determination, election or judgment or in providing or deciding not to provide any such consent or waiver, Agent shall be entitled to rely, to the extent Agent so elects, in whole or in part on the advice of counsel (including counsel for Borrower, Operating Lessee or Guarantor), independent public accountants, engineers, architects and other experts selected by Agent.

Appears in 1 contract

Samples: Loan Agreement (Ashford Hospitality Prime, Inc.)

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Determinations and Consents of Agent. Unless expressly provided to the contrary otherwise in any particular instanceinstance in the applicable Loan Document, any determination, election or judgment made or any consent or waiver given by Agent pursuant to this Loan Agreement or any other Loan Document shall be made or given, as the case may be, in Agent’s sole and absolute discretion, whether or not the applicable provision of this Loan Agreement or such other Loan Document expressly so provides. In making any such determination, election or judgment or in providing or deciding not to provide any such consent or waiver, Agent shall be entitled to rely, to the extent Agent so elects, in whole or in part on the advice of counsel (including counsel for Borrower, Operating Lessee or Guarantor)counsel, independent public accountants, engineers, architects and other experts selected by Agent.

Appears in 1 contract

Samples: Loan Agreement (Interstate Hotels & Resorts Inc)

Determinations and Consents of Agent. Unless expressly provided to the contrary in any particular instance, any determination, election or judgment made or any consent or waiver given by Agent pursuant to this Loan Agreement or any other Loan Document shall be made or given, as the case may be, in Agent’s sole and absolute discretion, whether or not the applicable provision of this Loan Agreement or such other Loan Document expressly so provides. In making any such determination, election or judgment or in providing or deciding not to provide any such consent or waiver, Agent shall be entitled to rely, to the extent Agent so elects, in whole or in part on the advice of counsel (including counsel for Borrower, Operating Lessee Borrower or Guarantor), independent public accountants, engineers, architects architects, the Construction Consultant and other experts selected by Agent.

Appears in 1 contract

Samples: Loan Agreement (Interstate Hotels & Resorts Inc)

Determinations and Consents of Agent. Unless expressly provided to the contrary in any particular instance, any determination, election or judgment made or any consent or waiver given by Agent pursuant to this Loan Agreement or any other Loan Document shall be made or given, as the case may be, in Agent’s sole and absolute discretion, whether or not the applicable provision of this Loan Agreement or such other Loan Document expressly so provides. In making any such determination, election or judgment or in providing or deciding not to provide any such consent or waiver, Agent shall be entitled to rely, to the extent Agent so elects, in whole or in part on the advice of counsel (including counsel for Borrower, Operating Lessee Borrower or Guarantor), independent public accountants, engineers, architects architects, and other experts selected by Agent.

Appears in 1 contract

Samples: Loan Agreement (Gramercy Capital Corp)

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Determinations and Consents of Agent. Unless expressly provided to the contrary in any particular instance, any determination, election or judgment made or any consent or waiver given by Agent pursuant to this Loan Agreement or any other Loan Document shall be made or given, as the case may be, in Agent’s sole and absolute discretion, whether or not the applicable provision of this Loan Agreement or such other Loan Document expressly so provides. In making any such determination, election or judgment or in providing or deciding not to provide any such consent or waiver, Agent shall be entitled to rely, to the extent Agent so elects, in whole or in part on the advice of counsel (including counsel for Borrower, Operating Lessee Borrower or GuarantorGuarantors), independent public accountants, engineers, architects and other experts selected by Agent.

Appears in 1 contract

Samples: Loan Agreement (Great Wolf Resorts, Inc.)

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