Common use of Relationship of Parties; No Third Party Beneficiary Clause in Contracts

Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Xxxxxx and Xxxxxxxx will be solely that of creditor and debtor, respectively, and nothing contained in this Instrument will create any other relationship between Xxxxxx and Borrower. Nothing contained in this Instrument will constitute Lender as a joint venturer, partner or agent of Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.

Appears in 17 contracts

Samples: Security Agreement (Paladin Realty Income Properties Inc), Uniform Covenants, Security Agreement and Fixture Filing (Steadfast Apartment REIT, Inc.)

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Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Xxxxxx Lxxxxx and Xxxxxxxx Bxxxxxxx will be solely that of creditor and debtor, respectively, and nothing contained in this Instrument will create any other relationship between Xxxxxx Lxxxxx and Borrower. Nothing contained in this Instrument will constitute Lender as a joint venturer, partner or agent of Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.

Appears in 2 contracts

Samples: And Security Agreement (Bluerock Residential Growth REIT, Inc.), Security Agreement and Fixture Filing (Bluerock Residential Growth REIT, Inc.)

Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Xxxxxx Lender and Xxxxxxxx Borrower will be solely that of creditor and debtorxxx xxbtor, respectivelyxxxxxxxively, and nothing contained in this Instrument will create any other relationship between Xxxxxx Lender and Borrower. Nothing contained in this Instrument Instrxxxxx will constitute Lender as a joint venturer, partner or agent of Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.

Appears in 1 contract

Samples: Security Agreement and Fixture (Preferred Apartment Communities Inc)

Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Xxxxxx and Xxxxxxxx will be solely that of creditor and debtor, respectively, and nothing contained in this Instrument will create any other relationship between Xxxxxx and Borrower. Nothing contained in this Instrument will constitute Lender as a joint venturer, partner or agent of Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.

Appears in 1 contract

Samples: Rents and Security Agreement

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Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Xxxxxx and Xxxxxxxx will be solely that of creditor and debtor, respectively, and nothing contained in this Instrument will create any other relationship between Xxxxxx and Borrower. Nothing contained in this Instrument will constitute Lender as a joint venturer, partner or agent of Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.. Multifamily Mortgage, Assignment of Rents and Security Agreement (CME and Portfolio)

Appears in 1 contract

Samples: Rents and Security Agreement (Emeritus Corp\wa\)

Relationship of Parties; No Third Party Beneficiary. (a) The relationship between Xxxxxx and Xxxxxxxx will be solely that of creditor and debtor, respectively, and nothing contained in this Instrument will create any other relationship between Xxxxxx and Borrower. Nothing contained in this Instrument will constitute Lender as a joint venturer, partner or agent of Borrower, or render Lender liable for any debts, obligations, acts, omissions, representations or contracts of Borrower.. Multifamily Mortgage, Assignment of Rents and Security Agreement

Appears in 1 contract

Samples: And Security Agreement (Steadfast Income REIT, Inc.)

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