Common use of Sole Discretion of Lender Clause in Contracts

Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove all decisions that arrangements or terms are satisfactory or not satisfactory, and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 16 contracts

Samples: Mortgage and Security Agreement (Butler International Inc /Md/), Mortgage and Security Agreement (Pennsylvania Real Estate Investment Trust), Security Agreement (Ramco Gershenson Properties Trust)

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Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 16 contracts

Samples: And Spreader Agreement and Security Agreement, Security Agreement (Talon Real Estate Holding Corp.), Mortgage And (Paladin Realty Income Properties Inc)

Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusiveLender, except as may be otherwise expressly and specifically provided herein.

Appears in 3 contracts

Samples: Aerc Muirwood (Associated Estates Realty Corp), Mortgage and Security Agreement (Cedar Shopping Centers Inc), Security Agreement (Associated Estates Realty Corp)

Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by LenderXxxxxx, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by LenderXxxxxx, shall be in the sole and absolute discretion of Lender and shall be final and conclusiveLender, except as may be otherwise expressly and specifically provided herein.

Appears in 3 contracts

Samples: Trust and Security Agreement (Corporate Property Associates 15 Inc), Pyramid Breweries Inc, Corporate Property Associates 15 Inc

Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by LenderLxxxxx, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by LenderLxxxxx, shall be in the sole and absolute discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Sun Communities Inc), Mortgage and Security Agreement (Sun Communities Inc)

Sole Discretion of Lender. Wherever pursuant to this Security Instrument Assignment (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 2 contracts

Samples: Mortgage And (Paladin Realty Income Properties Inc), Management Agreement (Sl Green Realty Corp)

Sole Discretion of Lender. Wherever pursuant to this ------------------------- Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 1 contract

Samples: Kilroy Realty Corp

Sole Discretion of Lender. Wherever pursuant to this Security ------------------------- Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 1 contract

Samples: Trust and Security Agreement (Archon Corp)

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Sole Discretion of Lender. Wherever pursuant to this -------------------------- Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 1 contract

Samples: Agreement (Sl Green Realty Corp)

Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove disapprove, all decisions that arrangements or terms are satisfactory or not satisfactory, satisfactory and all other decisions and determinations made by Lender, shall except as specifically set forth herein be in the sole and absolute discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 1 contract

Samples: Extension Agreement (Unitel Video Inc/De)

Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the decision of Lender to approve or disapprove all decisions that arrangements or terms are arc satisfactory or not satisfactory, and all other decisions and determinations made by Lender, shall be in the sole and absolute discretion of Lender and shall be final and conclusiveLender, except as may be otherwise expressly and specifically provided herein.

Appears in 1 contract

Samples: Credit Agreement (Cybex International Inc)

Sole Discretion of Lender. Wherever pursuant to this Security Instrument (a) Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be satisfactory to Lender, or (c) any and, other decision or determination is to be made by LenderXxxxxx, the decision of Lender Xxxxxx to approve or disapprove all decisions that arrangements or terms are satisfactory or not satisfactory, and all other decisions and determinations made by LenderXxxxxx, shall be in the sole and absolute discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 1 contract

Samples: Security Agreement (Hartman Commercial Properties Reit)

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