No Reliance on Lender. The general partners, members, principals and (if Borrower is a trust) beneficial owners and/or managers of Borrower or the foregoing, as applicable, are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender and Agent are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s or Agent’s expertise, business acumen or advice in connection with the Property.
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Samples: Security Agreement and Fixture Filing (Allegiant Travel CO)
No Reliance on Lender. The general partners, members, principals and (if Borrower is a trust) beneficial owners and/or managers of Borrower or the foregoingBorrower, as applicable, are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender and Agent are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s or Agent’s Xxxxxx's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
Samples: Security Agreement and Fixture Filing (Glimcher Realty Trust)
No Reliance on Lender. The general partners, members, principals and (if Borrower is a trust) beneficial owners and/or managers of Borrower or the foregoing, as applicable, are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender and Agent are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s or Agent’s 's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
Samples: Mortgage and Security Agreement (Wellsford Real Properties Inc)
No Reliance on Lender. The members, general partners, members, principals and (if Borrower is a trust) beneficial owners and/or managers of Borrower or the foregoing, as applicable, are experienced in the ownership ownership, leasing and operation of properties similar to the Property, and Borrower and Lender and Agent are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s or Agent’s 's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
Samples: And Consolidated Mortgage and Security Agreement (Alexanders Inc)
No Reliance on Lender. The general partners, members, principals and (if any Borrower is a trust) beneficial owners and/or managers of each Borrower or the foregoing, as applicable, are experienced in the ownership and operation of properties similar to the Property, and each Borrower and Lender and Agent are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. No Borrower is not relying on Lender’s or Agent’s 's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
No Reliance on Lender. The general partners, members, principals and (if any Borrower is a trust) beneficial owners and/or managers of each Borrower or the foregoing, as applicable, are experienced in the ownership and operation of properties similar to the Property, and each Borrower and Lender and Agent are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. No Borrower is not relying on Lender’s or Agent’s Xxxxxx's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
No Reliance on Lender. The Either the Borrower's representatives and managers or the general partners, members, principals and (if Borrower is a trust) beneficial owners and/or managers of Borrower or the foregoing, as applicable, are experienced in the ownership and operation of properties similar to the Property, and Borrower and Lender and Agent are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Borrower is not relying on Lender’s or Agent’s 's expertise, business acumen or advice in connection with the Property.
Appears in 1 contract
Samples: Defined Terms (Fairchild Corp)