Sole and Absolute Discretion. Any option, consent, approval, or discretion or similar right of Lender set forth in this Agreement or any of the other Loan Documents may be exercised by Lender in its sole, absolute and unreviewable discretion, unless the provisions of this Agreement or the other Loan Documents specifically requires a different standard.
Appears in 7 contracts
Samples: Senior Mezzanine Loan Agreement (Behringer Harvard Multifamily Reit I Inc), Mezzanine Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.), Mezzanine Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Sole and Absolute Discretion. Any option, consent, approval, or discretion or similar right of Lender set forth in this Agreement or any of the other Loan Documents may be exercised by Lender in its sole, absolute and unreviewable discretion, unless the provisions of this Agreement specifically require another standard for such option, consent, approval, discretion or the other Loan Documents specifically requires a different standardsimilar right.
Appears in 6 contracts
Samples: Mezzanine Pledge and Security Agreement (Behringer Harvard Opportunity REIT I, Inc.), Senior Mezzanine Pledge and Security Agreement (Behringer Harvard Opportunity REIT I, Inc.), Mezzanine Pledge and Security Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Sole and Absolute Discretion. Any option, consent, approval, or discretion or similar right of Agent or any Lender set forth in this Agreement or any of the other Loan Documents may be exercised by Agent or such Lender in its sole, absolute and unreviewable discretion, unless the provisions of this Agreement or the other Loan Documents specifically requires a different standardrequire such option, consent, approval, discretion or similar right to be exercised in Agent’s or such Lender’s reasonable discretion.
Appears in 1 contract
Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.)
Sole and Absolute Discretion. Any option, consent, approval, or discretion or similar right of Lender set forth in this Agreement or any of the other Loan Documents may be exercised by Lender in its sole, absolute and unreviewable discretion, unless the provisions of this Agreement or the other Loan Documents specifically requires a different standardrequire such option, consent, approval, discretion or similar right to be exercised in Lender’s reasonable discretion.
Appears in 1 contract
Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.)
Sole and Absolute Discretion. Any option, consent, approval, or discretion or similar right of Agent or any Lender set forth in this Agreement or any of the other Loan Documents may be exercised by Agent or such Lender in its sole, absolute and unreviewable discretion, unless the provisions of this Agreement or the other Loan Documents specifically requires a different standardrequire such option, consent, approval, discretion or similar right to be exercised in Agent's or such Lender's reasonable discretion.
Appears in 1 contract
Samples: Loan Agreement (KBS Real Estate Investment Trust III, Inc.)
