Common use of Waiver of Punitive or Consequential Damages Clause in Contracts

Waiver of Punitive or Consequential Damages. None of Administrative Agent, any Lender, nor Borrowers shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default by any party hereto. Borrowers represent and warrant to Administrative Agent and each Lender that as of the Closing Date neither Borrowers nor any other Borrower Party has any claims against Administrative Agent or any Lender in connection with the Loan.

Appears in 3 contracts

Samples: Loan Agreement (Healthcare Trust, Inc.), Loan Agreement (Healthcare Trust, Inc.), Loan Agreement (Healthcare Trust, Inc.)

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Waiver of Punitive or Consequential Damages. None of the Administrative Agent, the Lenders or any Lender, nor Borrowers Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan Loans or the transaction contemplated hereby, including any breach or other default by any party hereto. Borrowers represent and warrant to Administrative Agent and each Lender that as of the Closing Date neither Borrowers nor any other Borrower Party has any claims against Administrative Agent or any Lender in connection with the Loan.

Appears in 2 contracts

Samples: Loan Agreement (Sunstone Hotel Investors, Inc.), Loan Agreement (Sunstone Hotel Investors, Inc.)

Waiver of Punitive or Consequential Damages. None of Administrative Agent, any Lender, Lender nor Borrowers Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default by any party hereto. Borrowers represent Borrower represents and warrant warrants to Administrative Agent and each Lender that as of the Closing Date neither Borrowers Borrower nor any other Borrower Party has any claims against Administrative Agent or any Lender in connection with the Loan.

Appears in 2 contracts

Samples: Loan Agreement (Cornerstone Core Properties REIT, Inc.), Loan Agreement (Cornerstone Core Properties REIT, Inc.)

Waiver of Punitive or Consequential Damages. None of Administrative Agent, any Lender, Lender nor Borrowers Borrower or any Borrower Party shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default by any party hereto. Borrowers represent Borrower represents and warrant warrants to Administrative Agent and each Lender that as of the Closing Date neither Borrowers Borrower nor any other Borrower Party has any claims against Administrative Agent or any Lender in connection with the Loan.

Appears in 1 contract

Samples: Credit and Security Agreement (Ares Commercial Real Estate Corp)

Waiver of Punitive or Consequential Damages. None of Administrative Agent, any Lender, nor Borrowers Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default by any party hereto. Borrowers represent Borrower represents and warrant warrants to Administrative Agent and each Lender that that, as of the Closing Date Date, neither Borrowers Borrower nor any other Borrower Party has any claims against Administrative Agent or any Lender in connection with the Loan.

Appears in 1 contract

Samples: Loan Agreement (Summit Healthcare REIT, Inc)

Waiver of Punitive or Consequential Damages. None of Administrative Agent, any Lender, nor Borrowers any Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default by any party hereto. Borrowers represent and warrant to Administrative Agent and each Lender that as of the Closing Date neither Borrowers no Borrower nor any other Borrower Party has any claims against Administrative Agent or any Lender in connection with the Loan.

Appears in 1 contract

Samples: Loan Agreement (American Realty Capital Healthcare Trust Inc)

Waiver of Punitive or Consequential Damages. None of Administrative Agent, any Lender, nor Borrowers any Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default by any party hereto. Borrowers represent and warrant to Administrative Agent and each Lender that as of the Closing Date neither Borrowers any Borrower nor any other Borrower Party has any claims against Administrative Agent or any Lender in connection with the Loan.

Appears in 1 contract

Samples: Loan Agreement (Care Capital Properties, Inc.)

Waiver of Punitive or Consequential Damages. None of Administrative Agent, any Lender, nor Borrowers any Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default by any party hereto. Borrowers represent and warrant to Administrative Agent and each Lender that as of the Closing Restatement Date neither Borrowers no Borrower nor any other Borrower Loan Party has any claims against Administrative Agent or any Lender in connection with the Loan.

Appears in 1 contract

Samples: Loan Agreement (CareTrust REIT, Inc.)

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Waiver of Punitive or Consequential Damages. None of the Administrative Agent, any Lender, nor Borrowers the Lenders or Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan Loans or the transaction contemplated hereby, including any breach or other default by any party hereto. Borrowers represent Borrower represents and warrant warrants to the Administrative Agent and each Lender the Lenders that as of the Closing Date neither Borrowers Borrower nor any other Borrower Party has any claims against the Administrative Agent or any Lender of the Lenders in connection with the Loan.

Appears in 1 contract

Samples: Loan Agreement (Douglas Emmett Inc)

Waiver of Punitive or Consequential Damages. None of Administrative Agent, any Lender, nor Borrowers Lender or Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan Loans or the transaction contemplated hereby, including any breach or other default by any party hereto. Borrowers represent Borrower represents and warrant warrants to Administrative Agent and each Lender that as of the Closing Date neither Borrowers Borrower nor any other Borrower Party has any claims against Administrative Agent or any Lender in connection with the Loan.

Appears in 1 contract

Samples: Loan Agreement (Shurgard Storage Centers Inc)

Waiver of Punitive or Consequential Damages. None of Administrative Agent, any Lender, nor Borrowers Borrower or any Borrower Party shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default by any party hereto. Borrowers represent Borrower represents and warrant warrants to Administrative Agent and each Lender that as of the Closing Date neither Borrowers Borrower nor any other Borrower Party has any claims against Administrative Agent or any Lender in connection with the Loan.

Appears in 1 contract

Samples: Loan Agreement (NorthStar Healthcare Income, Inc.)

Waiver of Punitive or Consequential Damages. None of Administrative Agent, any Lender, nor the Lenders or Borrowers shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which that may be alleged as a result of the Loan Loans or the transaction contemplated hereby, including any breach or other default by any party hereto. Borrowers represent and warrant to Administrative Agent and each Lender that as of the Closing Date neither Borrowers nor any other Borrower Party has any claims against Administrative Agent or any Lender in connection with the Loan.

Appears in 1 contract

Samples: Loan Agreement (Tarragon Corp)

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