Obligations of Lender Sample Clauses

Obligations of Lender. Lender shall use ordinary reasonable care in the physical preservation and custody of the Collateral in Lender's possession, but shall have no other obligation to protect the Collateral or its value. In particular, but without limitation, Lender shall have no responsibility for (A) any depreciation in value of the Collateral or for the collection or protection of any Income and Proceeds from the Collateral, (B) preservation of rights against parties to the Collateral or against third persons, (C) ascertaining any maturities, calls, conversions, exchanges, offers, tenders, or similar matters relating to any of the Collateral, or (D) informing Grantor about any of the above, whether or not Lender has or is deemed to have knowledge of such matters. Except as provided above, Lender shall have no liability for depreciation or deterioration of the Collateral.
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Obligations of Lender. If Lender shall succeed to the interest of the Landlord under the Lease, or if any purchaser acquires the Property, upon any foreclosure of the Mortgage, Lender or such purchaser, as the case may be, shall have the same remedies by entry, action or otherwise in the event of any default by Tenant (beyond any period given Tenant to cure such default) in the payment of rent or additional rent by Tenant or in the performance of any of the terms, covenants and conditions of the Lease on Tenant's part to be performed that the Landlord under the Lease had or would have had if Lender or such purchaser had not succeeded to the interest of Landlord. From and after any such attornment, Lender or such purchaser shall be bound to Tenant under all of the terms, covenants, and conditions of the Lease, and Tenant shall, from and after the succession to the interest of Landlord under the Lease by Lender or such purchaser, have the same remedies against Lender or such purchaser for the breach of any agreement contained in the Lease that Tenant might have had under the Lease against the Landlord if Lender or such purchaser had not succeeded to the interest of Landlord; provided further, however, that Lender or such purchaser shall not be liable or bound to Tenant as follows:
Obligations of Lender. So long as this Agreement is in effect and Ex-Im Bank remains liable under the Guarantee, Lender agrees as follows:
Obligations of Lender. Whenever the Lender receives a demand for payment under a Letter of Credit, it will promptly examine the demand to determine whether or not it is in conformity with such Letter of Credit under which it is presented.
Obligations of Lender. (1) Lender shall release loan to Borrower in accordance with this contract;
Obligations of Lender. The Lender shall not be under any obligation to the Borrower or any other Person to realize upon any Collateral or enforce the Security or any part thereof or to allow any of the Collateral to be sold, dealt with or otherwise disposed of. The Lender shall not be responsible or liable to the Borrower or any other Person for any loss or damage arising from or related to: (i) the realization or enforcement of, or the failure to realize or enforce, the Collateral or any part thereof; (ii) allowing any of the Collateral to be sold, dealt with or otherwise disposed of; or (iii) any act or omission on its part or on the part of any director, officer, agent, servant, adviser or other representative of the Lender in connection with any of the foregoing, except that the Lender may be responsible or liable for any loss or damage arising from its or their wilful misconduct or gross negligence.
Obligations of Lender. Lender has no obligation to make any loans hereunder. Any money received by Lender in respect of the Collateral may be deposited, at Lender's option, into a non-interest bearing account over which Pledgor, pursuant to the Loan Agreement, shall have no control, and the same shall, for all purposes, be deemed Collateral hereunder.
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Obligations of Lender. Lender has no obligation to extend any credit hereunder. Any money received by Lender in respect of the Collateral may be deposited, at Lender's option, into a non-interest bearing account over which Debtor shall have no control, and the same shall, for all purposes, be deemed Collateral hereunder.
Obligations of Lender. Upon receipt of the Application Package, Lender will, within a reasonable time, consider the Application Package for the purpose of making a loan to the Applicant. If Lender approves such application, Lender shall advise Agent.
Obligations of Lender. Lender agrees that in accordance with the terms of the Note, Lender agrees to loan the funds (the "Funds") recited in the Note to Borrower. The Lender shall loan such funds to the Borrower upon receiving a request from Borrower and upon Lender's review and satisfactory approval of Borrower's use of the funds to be provided Borrower by this Agreement.
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