Common use of Sole Discretion Clause in Contracts

Sole Discretion. The Lender may take any action or decide any matter under the terms of this Deed of Trust or of any other Loan Document (including any consent, approval, acceptance, option, election or authorization) in its sole and absolute discretion, for any reason or for no reason, unless the related Loan Document contains specific language to the contrary. Any approval or consent that the Lender might withhold may be conditioned in any way.

Appears in 5 contracts

Samples: Security Agreement (NNN Apartment REIT, Inc.), AmREIT, Inc., United Investors Income Properties

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Sole Discretion. The Lender may take any action or decide any matter under the terms of this Deed of Trust Agreement or of any other Loan Document (including any consent, approval, acceptance, option, election or authorization) in its sole and absolute discretion, for any reason or for no reason, unless the related Loan Document contains specific language to the contrary. Any approval or consent that which the Lender might withhold may be conditioned in any way.

Appears in 3 contracts

Samples: Loan Agreement (GTJ Reit, Inc.), Loan Agreement (Plymouth Industrial REIT Inc.), Loan Agreement (Strategic Storage Trust, Inc.)

Sole Discretion. The Lender may take any action or decide any matter under the terms of this Deed of Trust Mortgage or of any other Loan Document (including any consent, approval, acceptance, option, election or authorization) in its sole and absolute discretion, for any reason or for no reason, unless the related Loan Document contains specific language to the contrary. Any approval or consent that the Lender might withhold may be conditioned in any way.

Appears in 3 contracts

Samples: Angeles Partners X, Oxford Residential Properties I LTD Partnership, GTJ Reit, Inc.

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Sole Discretion. The Lender may take any action or decide any matter under the terms of this Deed of Trust Guarantee or of any other Loan Document (including any consent, approval, acceptance, option, election or authorization) in its sole and absolute discretion, for any reason or for no reason, unless the related Loan Document contains specific language to the contrary. Any approval or consent that the Lender might withhold may be conditioned in any way.

Appears in 2 contracts

Samples: Guarantee (GTJ Reit, Inc.), GTJ Reit, Inc.

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