Common use of Reasonable Discretion Clause in Contracts

Reasonable Discretion. As applied to this Agreement and the Loan Documents, Lender shall be deemed to have exercised reasonable discretion or shall be deemed to have given its reasonable consent if Lender's actions are consistent with the standard of care that Lender employs in connection with its exercise of rights and remedies with other borrowers and loans of similar structure, size, complexity and number of facilities.

Appears in 6 contracts

Samples: Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\)

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