Common use of No Joint Venture or Partnership; No Third Party Beneficiaries Clause in Contracts

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created under this Agreement, the Security Instrument, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender or to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 10 contracts

Samples: Loan Agreement (Moody National REIT I, Inc.), Loan Agreement (Gaia, Inc), Loan Agreement (Inland Real Estate Income Trust, Inc.)

AutoNDA by SimpleDocs

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created under this Agreement, the Security InstrumentPledge Agreement, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender or nor to grant Lender any interest in the Property Collateral other than that of mortgageepledgee, beneficiary or lender.

Appears in 8 contracts

Samples: Mezzanine B Loan Agreement (Morgans Hotel Group Co.), Mezzanine a Loan Agreement (NorthStar Healthcare Income, Inc.), Mezzanine B Loan Agreement (Northstar Realty Finance Corp.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created under this Agreement, the Security Instrument, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-in- common, or joint tenancy relationship between Borrower and Lender or nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 5 contracts

Samples: Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.), Loan Agreement (Lightstone Value Plus Real Estate Investment Trust III, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created under this Agreement, the Security InstrumentInstruments, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender or nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 4 contracts

Samples: Loan Agreement (American Finance Trust, Inc), Loan Agreement (Northstar Realty Finance Corp.), Loan Agreement (NorthStar Healthcare Income, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Additional Obligor, Borrower and Lender intend that the relationships created under this Agreement, the Security Instrument, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Additional Obligor, Borrower and Lender or nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 4 contracts

Samples: Loan Agreement (Retail Value Inc.), Loan Agreement (Retail Value Inc.), Loan Agreement (DDR Corp)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Bxxxxxxx and Lender Lxxxxx intend that the relationships created under this Agreement, the Security Instrument, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender or nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 3 contracts

Samples: Loan Agreement (Istar Inc.), Loan Agreement (Industrial Logistics Properties Trust), Loan Agreement (Industrial Logistics Properties Trust)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender Xxxxxx intend that the relationships created under this Agreement, the Security InstrumentPledge Agreement, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender or nor to grant Lender any interest in the Property Collateral other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Mezzanine a Loan Agreement (Industrial Logistics Properties Trust), Mezzanine B Loan Agreement (Industrial Logistics Properties Trust)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Xxxxxxxx and Lender Xxxxxx intend that the relationships created under this Agreement, the Security Instrument, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender or nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (Industrial Logistics Properties Trust), Loan Agreement (Cedar Realty Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created under this Agreement, the Security Instrument, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender or to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lenderLender.

Appears in 2 contracts

Samples: Loan Agreement (Positive Physicians Holdings,inc.), Loan Agreement (Positive Physicians Holdings,inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created under this Agreement, the Security InstrumentInstruments, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender or nor to grant Lender any interest in the any Individual Property other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (American Realty Capital Trust III, Inc.), Loan Agreement (Strategic Storage Trust, Inc.)

AutoNDA by SimpleDocs

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Xxxxxxxx and Lender Xxxxxx intend that the relationships created under this Agreement, the Security Instrument, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender or to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.Borrower

Appears in 1 contract

Samples: Loan Agreement (Silver Star Properties Reit, Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (ac) Borrower Borrowers and Lender intend that the relationships created under this Agreement, the Security Instrument, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrowers and Lender or to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a1) Borrower and Lender intend that the relationships created under this Agreement, the Security Instrument, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-commonincommon, or joint tenancy relationship between Borrower and Lender or nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Wheeler Real Estate Investment Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created under this Agreement, the Security Instrument, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender or nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.. 100

Appears in 1 contract

Samples: Loan Agreement (American Realty Capital New York Recovery Reit Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created under this Agreement, the Security Instrument, the Note and the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender or nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.. 105

Appears in 1 contract

Samples: Loan Agreement (American Realty Capital Trust III, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.