Common use of Discretion of Lender Clause in Contracts

Discretion of Lender. Whenever Lender's consent or approval is required under this Agreement, the decision as to whether or not to consent or approve shall be in the sole and exclusive discretion of Lender and Lender's decision shall be final and conclusive.

Appears in 5 contracts

Samples: Commercial Pledge Agreement (Peoples Bancorp Inc), Business Loan Agreement (Syntax-Brillian Corp), Commercial Security Agreement (Lakes Gaming Inc)

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Discretion of Lender. Whenever Lender's consent or approval is required under this Agreement, the decision as to whether or not to consent or approve shall be in the sole and exclusive discretion of Lender Lender, reasonably exercised, and Lender's decision shall be final and conclusive, absent manifest error.

Appears in 1 contract

Samples: Commercial Security Agreement (Search Financial Services Inc)

Discretion of Lender. Whenever Lender's consent or approval is required under this Agreement, the decision as to whether or not to consent or approve shall be in the sole and exclusive sole, but reasonable, discretion of Lender Lender, and Lender's decision shall be final and conclusive, absent manifest error.

Appears in 1 contract

Samples: Loan Agreement (Search Financial Services Inc)

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Discretion of Lender. Whenever Lender's consent or approval is required under this Agreement, the decision as to whether or not to consent or approve shall be in the sole and exclusive discretion of Lender and Lender's decision shall be final and conclusive. Provided, however, that Lender will act reasonably and in good faith in exercising its discretion.

Appears in 1 contract

Samples: Loan Agreement (Rankin Automotive Group Inc)

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