Common use of Lender's Actions Clause in Contracts

Lender's Actions. Any authority herein conferred upon Lender and any action taken by Lender hereunder are only for Lender’s own protection, and Lender does not and shall not be deemed to have assumed any responsibility to Borrower or to any other person or persons with respect to any such action herein authorized or taken by Lender. No person shall be entitled to rely upon, or claim to have relied upon, any action taken or failed to have been taken by Lender or any of its representatives.

Appears in 6 contracts

Samples: Loan Agreement (Peak Resorts Inc), Loan Agreement (Peak Resorts Inc), Loan Agreement (Peak Resorts Inc)

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Lender's Actions. Any The authority herein conferred upon Lender and any action taken by Lender hereunder are only or in any other Loan Document will be taken by Lender for Lender’s its own protectionprotection only, and Lender does not and shall not be deemed to have assumed any responsibility to Borrower or to any other person or persons with respect to any such action herein authorized or taken by Lender. No person shall be entitled to rely upon, or claim to have relied upon, any action taken or failed to have been taken by Lender or any of its representatives.

Appears in 6 contracts

Samples: Loan Agreement (Servico Market Center Inc), Loan Agreement (Servico Market Center Inc), Loan Agreement (Servico Market Center Inc)

Lender's Actions. Any The authority herein conferred upon Lender and any action taken by Lender hereunder are only or in any other Loan Document will be taken by Lender for Lender’s its own protectionprotection only, and Lender does not and shall not be deemed to have assumed any responsibility to Borrower Borrowers or to any other person or persons with respect to any such action herein authorized or taken by Lender. No person shall be entitled to rely upon, or claim to have relied upon, any action taken or failed to have been taken by Lender or any of its representatives.

Appears in 2 contracts

Samples: Loan Agreement (Clubcorp Inc), Loan Agreement (Clubcorp Inc)

Lender's Actions. Any The authority herein conferred upon Lender the lender and any action taken by Lender hereunder are only hereunder, or under the Note or Pledge Agreement, will be taken by Lender for Lender’s its own protectionprotection only, and Lender does not and shall not be deemed to have assumed any responsibility to Borrower or to any other person or persons with respect to any such action herein authorized or taken by Lender. No person shall be entitled to rely upon, or claim to have relied upon, any action taken or failed to have been taken by Lender or any of its representatives.

Appears in 1 contract

Samples: Note Purchase Agreement (Saratoga International Holdings Corp)

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Lender's Actions. Any The authority herein conferred upon Lender and any action taken by Lender hereunder are only or in any other Loan Document will be taken by Lender for Lender’s its own protectionprotection only, and Lender does not and shall not be deemed to have assumed any responsibility to Borrower or to any other person or persons with respect to any such action herein here in authorized or taken by Lender. No person shall be entitled to rely upon, or claim to have relied upon, any action taken or failed to have been taken by Lender or any of its representatives.

Appears in 1 contract

Samples: Loan Agreement (Senior Tour Players Development Inc)

Lender's Actions. Any The authority herein conferred upon Lender and any ---------------- action taken by Lender hereunder are only or in any other Loan Document will be taken by Lender for Lender’s its own protectionprotection only, and Lender does not and shall not be deemed to have assumed any responsibility to Borrower or to any other person or persons with respect to any such action herein authorized or taken by Lender. No person shall be entitled to rely upon, or claim to have relied upon, any action taken or failed to have been taken by Lender or any of its representatives.

Appears in 1 contract

Samples: Loan Agreement (Corinthian Colleges Inc)

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