Common use of No Joint Venture or Partnership; No Third Party Beneficiaries Clause in Contracts

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 195 contracts

Samples: Loan Agreement (FTE Networks, Inc.), Loan Agreement (RREEF Property Trust, Inc.), Loan Agreement (FTE Networks, Inc.)

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No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 89 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 46 contracts

Samples: Loan Agreement (Piedmont Office Realty Trust, Inc.), Commercial Loan Agreement (Red Oak Capital Fund V, LLC), Commercial Loan Agreement (Red Oak Capital Fund V, LLC)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 21 contracts

Samples: Loan Agreement (NOVONIX LTD), Loan Agreement (NOVONIX LTD), Loan Agreement (Medalist Diversified REIT, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the any Property other than that of mortgagee, beneficiary or lender.

Appears in 21 contracts

Samples: Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lenderLender.

Appears in 13 contracts

Samples: Senior Mezzanine Loan Agreement (Brixmor Property Group Inc.), Mezzanine Loan Agreement (CNL Healthcare Trust, Inc.), Mezzanine a Loan Agreement (Telx Group, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder under this Agreement, the Security Instrument, the Note and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 13 contracts

Samples: Loan Agreement (Clipper Realty Inc.), Loan Agreement (Safety, Income & Growth, Inc.), Loan Agreement (Medalist Diversified REIT, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor or to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 9 contracts

Samples: Management Agreement (Ashford Hospitality Prime, Inc.), Loan Agreement (Maguire Properties Inc), Loan and Security Agreement (BlueLinx Holdings Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrowers and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgageesecured party, beneficiary pledgee or lender.

Appears in 9 contracts

Samples: Second Mortgage Loan Agreement, Second Mortgage Loan Agreement (Bref Hr, LLC), Second Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property (or any portion thereof) other than that of mortgagee, beneficiary or lender.

Appears in 8 contracts

Samples: Loan Agreement (Global Net Lease, Inc.), Loan Agreement (Strategic Storage Trust II, Inc.), Loan Agreement (Healthcare Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrower, Agent and Lender Lenders intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender Agent or Lenders nor to grant Lender Agent or Lenders any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 7 contracts

Samples: Loan Agreement, Loan Agreement (Hilton Worldwide Holdings Inc.), Loan Agreement (Sothebys)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 7 contracts

Samples: Loan Agreement (American Realty Capital New York City REIT, Inc.), Lease Agreement (American Realty Capital Hospitality Trust, Inc.), Loan Agreement (Moody National REIT I, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-commontenancy‑in‑common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 6 contracts

Samples: Loan Agreement (Vici Properties Inc.), Loan Agreement (Vici Properties Inc.), Loan Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgageesecured party, beneficiary pledgee or lender.

Appears in 6 contracts

Samples: Letter Agreement (Ashford Hospitality Trust Inc), Management Agreement (Ashford Hospitality Trust Inc), Management Agreement (Ashford Hospitality Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Individual Properties other than that of mortgagee, beneficiary or lender.

Appears in 5 contracts

Samples: Loan Agreement (Host Marriott Corp/), Term Loan Agreement (Developers Diversified Realty Corp), Loan Agreement (Host Marriott L P)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 5 contracts

Samples: Loan Agreement (OVERSTOCK.COM, Inc), Mezzanine Loan Agreement (OVERSTOCK.COM, Inc), Loan Agreement (Medalist Diversified REIT, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrowers and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Property or the Property IP other than that of mortgagee, beneficiary or lender.

Appears in 4 contracts

Samples: Loan Agreement (Bref Hr, LLC), Loan Agreement (Morgans Hotel Group Co.), Loan Agreement (Hard Rock Hotel Holdings, LLC)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Each Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower borrowers and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between any Borrower and Lender nor or to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 4 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgagee, beneficiary or lender.

Appears in 4 contracts

Samples: Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgagee, beneficiary or lender.

Appears in 4 contracts

Samples: Junior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Junior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Junior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships relationship created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lenderLender.

Appears in 4 contracts

Samples: Mezzanine a Loan Agreement (Archstone Smith Operating Trust), Mezzanine B Loan Agreement (Archstone Smith Operating Trust), Mezzanine a Loan Agreement (Archstone Smith Operating Trust)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgagee, beneficiary or lender.

Appears in 4 contracts

Samples: Mezzanine Loan Agreement (New York REIT, Inc.), Mezzanine Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Mezzanine Loan Agreement (W2007 Grace Acquisition I Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender and each Co-Lender nor to grant Lender or any Co-Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 3 contracts

Samples: Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Innkeepers Usa Trust/Fl)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrowers and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the any Property other than that of mortgagee, beneficiary or lender.

Appears in 3 contracts

Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrower, the other Loan Parties and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrower, any other Loan Party and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgagee, beneficiary or lender.

Appears in 3 contracts

Samples: Mezzanine a Loan Agreement (BRE Select Hotels Corp), Mezzanine B Loan Agreement (BRE Select Hotels Corp), Management Agreement (ESH Hospitality LLC)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-commontenancy‑in‑common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 3 contracts

Samples: Loan Agreement (Colony Starwood Homes), Loan Agreement (Colony Starwood Homes), Loan Agreement (Colony Starwood Homes)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrower, and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrower, and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgageepledgee, beneficiary or lender.

Appears in 3 contracts

Samples: Management Agreement (ESH Hospitality LLC), Management Agreement (ESH Hospitality LLC), Management Agreement (ESH Hospitality LLC)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrower, Operating Lessee and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between Borrower among Borrower, Operating Lessee and Lender nor to grant Lender any interest in the any Individual Property other than that of mortgagee, beneficiary or lender.

Appears in 3 contracts

Samples: Loan Agreement (Hospitality Investors Trust, Inc.), Loan Agreement (Hospitality Investors Trust, Inc.), Loan Agreement (Hospitality Investors Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 3 contracts

Samples: Loan Agreement (BlueLinx Holdings Inc.), Loan Agreement (Inland American Real Estate Trust, Inc.), Loan Agreement (Entertainment Properties Trust)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Bxxxxxxx and Lender Lxxxxx intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property (or any portion thereof) other than that of mortgagee, beneficiary or lender.

Appears in 3 contracts

Samples: Loan Agreement (Global Net Lease, Inc.), Loan Agreement (Necessity Retail REIT, Inc.), Loan Agreement (Healthcare Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (af) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgageesecured creditor, beneficiary or lender.

Appears in 3 contracts

Samples: Mezzanine D Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine B Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine C Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrowers and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrowers and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 3 contracts

Samples: Loan Agreement (Cole Credit Property Trust V, Inc.), Loan Agreement (Maguire Properties Inc), Loan Agreement (Grove Property Trust)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgagee, beneficiary or lender.. 135

Appears in 2 contracts

Samples: Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrowers and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower Borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgageesecured party, pledgee, beneficiary or lender.

Appears in 2 contracts

Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in any of the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (Cole Credit Property Trust Inc), Mezzanine Loan Agreement (Cole Credit Property Trust III, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (CNL Income Properties Inc), Loan Agreement (Bedford Property Investors Inc/Md)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrower, Grantor and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower borrower, guarantor and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrower, Grantor and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc), Loan Agreement (Inland Western Retail Real Estate Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor or to grant Lender any interest in the any Individual Property other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (Bon Ton Stores Inc), Loan Agreement (Bon Ton Stores Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Each Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (Ventas Inc), Loan Agreement (Ventas Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor or to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (Meristar Hospitality Corp), Loan Agreement (Meristar Hospitality Operating Partnership Lp)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Xxxxxxxx and Lender Xxxxxx intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (Wheeler Real Estate Investment Trust, Inc.), Loan Agreement (Wheeler Real Estate Investment Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the any Individual Property other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (W2007 Grace Acquisition I Inc), Loan Agreement (American Realty Capital Hospitality Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrowers and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, fiduciary, advisor, tenancy-in-common, common or joint tenancy relationship between Borrower Borrowers and Lender (or any of Lender’s Affiliates) nor to grant Lender (or any of Lender’s Affiliates) any interest in any of the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (American Realty Capital New York City REIT, Inc.), Loan Agreement (American Finance Trust, Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Real Property other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (IMH Financial Corp), Loan Agreement (IMH Financial Corp)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgagee, beneficiary pledgee or lender.

Appears in 2 contracts

Samples: First Mezzanine Loan Agreement (Clipper Realty Inc.), Second Mezzanine Loan Agreement (Clipper Realty Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Parties and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Parties and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgageesecured party, beneficiary or lender.

Appears in 2 contracts

Samples: Senior Mezzanine Loan Agreement (Thomas Properties Group Inc), Mezzanine Loan Agreement (Thomas Properties Group Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property (or any portion thereof ) other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement, Mezzanine Loan Agreement (TNP Strategic Retail Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: First Mezzanine Loan Agreement (Harrahs Entertainment Inc), Loan Agreement (Thomas Properties Group Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property any collateral other than that of mortgagee, beneficiary secured party or lender.

Appears in 2 contracts

Samples: Loan Agreement (Mei Holdings L P), Loan Agreement (Mei Genpar Lp)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-in- common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (Urban Shopping Centers Inc), Loan Agreement (Urban Shopping Centers Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower a)Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (Amerco /Nv/), Loan Agreement (Strategic Hotels & Resorts, Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lenderlender and Lender does not have any fiduciary relationship to Borrower. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lenderLender.

Appears in 2 contracts

Samples: Junior Mezzanine Loan Agreement (Felcor Lodging Trust Inc), Mezzanine Loan Agreement (Felcor Lodging Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the any Property other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (Assisted 4 Living, Inc.), Loan Agreement (RFS Partnership Lp)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrowers and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between Borrower Borrowers and Lender nor or to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (Generation Income Properties, Inc.), Loan Agreement (Generation Income Properties, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrowers and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrowers and Lender nor to grant Lender any interest in the Property Individual Properties other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Extra Space Storage Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Pledged Collateral other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (Strategic Hotels & Resorts, Inc), Loan Agreement (Strategic Hotels & Resorts, Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and or Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Second Mezzanine Loan Agreement, Second Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrower, Administrative Agent and each Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower Borrower, Administrative Agent and each Lender nor to grant Administrative Agent or any Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Senior Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor or to grant Lender any interest in the Property Collateral other than that of mortgagee, beneficiary or lender.

Appears in 2 contracts

Samples: Loan Agreement (Meristar Hospitality Operating Partnership Lp), Loan Agreement (Meristar Hospitality Corp)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the any Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Industrial Logistics Properties Trust)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Bxxxxxxx and Lender Lxxxxx intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Properties other than that of mortgageepledgee, beneficiary or lender.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (W. P. Carey Inc.)

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No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Xxxxxxxx and Lender Xxxxxx intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-in- common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (reAlpha Tech Corp.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Each Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any of the Property Properties other than that of mortgagee, beneficiary or lender.. 116

Appears in 1 contract

Samples: Loan Agreement (Cole Credit Property Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Each Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower borrowers and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Reckson Operating Partnership Lp)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.. 121

Appears in 1 contract

Samples: Loan Agreement (Inland Diversified Real Estate Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrower, Agent and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-commontenancy‑in‑common, or joint tenancy relationship between Borrower Borrower, Agent and Lender nor to grant Agent or Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Building Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrower, Agent and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower, any other Borrower Group Member, Agent and Lender nor to grant Agent or Lender any interest in the Mortgaged Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Construction Loan Agreement (Allegiant Travel CO)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender each of Lenders intend that the relationships created hereunder and under the other Loan Credit Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender Lenders nor to grant Lender Lenders any interest in the Borrowing Base Property other than that of mortgagee, beneficiary or a lender.

Appears in 1 contract

Samples: Credit Agreement (Toys R Us Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrowers and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgageesecured party, beneficiary pledgee or lender.. 158

Appears in 1 contract

Samples: Second Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Bxxxxxxx and Lender Lxxxxx intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Building Loan Agreement (ACRES Commercial Realty Corp.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (axiii) Borrower Borrowers, Administrative Agent and Lender Lenders intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrowers and Lender Lenders nor to grant Lender Lenders any interest in the any Collateral Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Revolving Credit Agreement (FelCor Lodging Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender Administrative Agent and Lenders intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-commontenancy‑in‑common, or joint tenancy relationship between Borrower Borrower, on the one hand and Lender Administrative Agent and Lenders, on the other hand nor to grant Lender Administrative Agent or Lenders any interest in the Property Properties other than than, if applicable, that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Front Yard Residential Corp)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Collateral or the Property other than that of pledge, mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Senior Loan Agreement (Hyatt Hotels Corp)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Bxxxxxxx and Lender Lxxxxx intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (W. P. Carey Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint 77 tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Sun Communities Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.. 133

Appears in 1 contract

Samples: Loan Agreement (Lightstone Value Plus Real Estate Investment Trust V, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between Borrower or among Borrower, Operating Lessee and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Ashford Hospitality Prime, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgageepledgee, beneficiary or lender.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Sun Communities Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Each Loan Party and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower any Loan Party and Lender Lender, nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Chatham Lodging Trust)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship 101 between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Felcor Lodging Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Individual Properties other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Wells Real Estate Investment Trust Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgageepledgor, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Wyndham International Inc)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Each Borrower and Lender intend intends that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrowers and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: First Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrower, the other Loan Parties and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrower, the other Loan Parties and Lender nor to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (BRE Select Hotels Corp)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Each Borrower, Agent and each Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, common or joint tenancy relationship between Borrower among Borrowers, Agent and Lender Lenders nor to grant Agent and/or any Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Pacific Office Properties Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Xxxxxxxx and Lender Xxxxxx intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Properties other than that of mortgageepledgee, beneficiary or lender.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Net Lease Office Properties)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lenderLender.

Appears in 1 contract

Samples: Management Agreement (Piedmont Office Realty Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (axiv) Borrower Borrowers, Administrative Agent, Issuing Bank and Lender the Lenders intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrowers and Lender the Lenders nor to grant Lender the Lenders any interest in the any Collateral Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Revolving Credit Agreement (FelCor Lodging LP)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-commontenancy‑in‑common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Properties or any Individual Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Griffin Capital Essential Asset REIT II, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Equity Owner and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower Borrower, Equity Owner and Lender nor to grant Lender any interest in the Property or the Collateral other than that of mortgageepledgee, beneficiary or lender.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (New York REIT, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Each Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any of the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Cole Credit Property Trust III, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Xxxxxxxx and Lender Xxxxxx intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Net Lease Office Properties)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or of therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor or to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Strategic Storage Trust, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower Borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (AmREIT, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property Properties other than that of mortgagee, beneficiary mortgagee or lender.

Appears in 1 contract

Samples: Loan Agreement (Prentiss Properties Trust/Md)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower ). Borrower, Agent and Lender Lenders intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower and Lender Agent or Lenders nor to grant Agent or Lender any interest in the Property Collateral other than that of mortgageepledgee, beneficiary or lender.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Black Creek Diversified Property Fund Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.any

Appears in 1 contract

Samples: Loan Agreement (Instil Bio, Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrower, the other Loan Parties and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-tenancy in common, or joint tenancy relationship between Borrower Borrower, the other Loan Parties and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (MGM Growth Properties Operating Partnership LP)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Each Borrower and the Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between any Borrower and the Lender nor to grant the Agent or the Lender any interest in the Property any property other than that of mortgagee, beneficiary or lender.

Appears in 1 contract

Samples: Loan Agreement (Plymouth Industrial REIT Inc.)

No Joint Venture or Partnership; No Third Party Beneficiaries. (a) Borrower Borrowers and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in the Property Collateral other than that of mortgageesecured party, beneficiary pledgee or lender.. 176

Appears in 1 contract

Samples: Third Mezzanine Loan Agreement (Morgans Hotel Group Co.)

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