No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Pledgor and Lender intend that the relationships created hereunder and under 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 Pledgor and Lender.
Appears in 7 contracts
Samples: Mezzanine D Loan Agreement (KBS Real Estate Investment Trust, Inc.), Mezzanine C Loan Agreement (KBS Real Estate Investment Trust, Inc.), Mezzanine a Loan Agreement (KBS Real Estate Investment Trust, Inc.)
No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower, Leasehold Pledgor and Lender intend that the relationships created hereunder and under 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, common or joint tenancy relationship between among Borrower, Leasehold Pledgor and LenderLender nor to grant Lender any interest in the Collateral other than that of lender.
Appears in 4 contracts
Samples: Mezzanine B Loan Agreement (Hospitality Investors Trust, Inc.), Mezzanine Loan Agreement (Hospitality Investors Trust, Inc.), Mezzanine a Loan Agreement (Hospitality Investors Trust, Inc.)
