Common use of Standards for Decisions, Etc Clause in Contracts

Standards for Decisions, Etc. If the Lender's approval is required for any matter hereunder, such approval may be granted or withheld in the Lender's sole and absolute discretion. If the Lender's designation, determination, selection, estimate, action or decision is required, permitted or contemplated hereunder, such designation, determination, selection, estimate, action or decision shall be made in the Lender's sole and absolute discretion.

Appears in 3 contracts

Samples: Master Credit Facility Agreement (Walden Residential Properties Inc), Agreement (Home Properties of New York Inc), Master Credit Facility Agreement (Apartment Investment & Management Co)

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Standards for Decisions, Etc. If the Lender's approval is required for any matter hereunder, unless expressly qualified otherwise, such approval may be granted or withheld in the Lender's sole and absolute discretion. If the Lender's designation, determination, selection, estimate, action or decision is required, permitted or contemplated hereunder, unless expressly qualified otherwise, such designation, determination, selection, estimate, action or decision shall be made in the Lender's sole and absolute discretion.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Town & Country Trust)

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Standards for Decisions, Etc. If Unless otherwise provided herein, if the Lender's approval is required for any matter hereunder, such approval may be granted or withheld in the Lender's sole and absolute discretion. If Unless otherwise provided herein, if the Lender's designation, determination, selection, estimate, action or decision is required, permitted or contemplated hereunder, such designation, determination, selection, estimate, action or decision shall be made in the Lender's sole and absolute discretion.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Mid America Apartment Communities Inc)

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