Common use of Sole Discretion of Lender Clause in Contracts

Sole Discretion of Lender. Wherever pursuant to this Security Instrument Lender exercises any right given to it to approve or disapprove, or any arrangement or term is to be satisfactory to Lender, the decision of Lender to approve or disapprove or to decide that arrangements or terms are satisfactory or not satisfactory shall be in the sole discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 14 contracts

Samples: Mortgage and Security Agreement (Strategic Student & Senior Housing Trust, Inc.), Security Agreement (Reading International Inc), Deed of Trust and Security Agreement (Republic Property Trust)

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Sole Discretion of Lender. Wherever Whenever pursuant to this Security Instrument Instrument, Lender exercises any right given to it to approve or disapprove, or any arrangement or term is to be satisfactory to Lender, the decision of Lender to approve or disapprove or to decide that whether arrangements or terms are satisfactory or not satisfactory shall (except as is otherwise specifically herein provided) be in the sole discretion of Lender and shall be final and conclusive, except as may be otherwise expressly and specifically provided herein.

Appears in 5 contracts

Samples: First States (American Assets Trust, Inc.), And Security Agreement (Glimcher Realty Trust), Rents and Security Agreement (Behringer Harvard Reit I Inc)

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Sole Discretion of Lender. Wherever pursuant to this Security Instrument Lender exercises any right given to it to approve or disapprove, or any arrangement or term is to be satisfactory to Lender, the decision of Lender to approve or disapprove or to decide that arrangements or terms are satisfactory or not satisfactory shall be in the sole discretion of Lender and shall be final and conclusive, except as may many be otherwise expressly and specifically provided herein.

Appears in 1 contract

Samples: Trust and Security Agreement (First Potomac Realty Trust)

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