Common use of Exculpatory Language Clause in Contracts

Exculpatory Language. Any exculpatory, or nonrecourse, or limited recourse provision in any of the NMLP Loan Documents (except as specifically contained in this Agreement) limiting the Administrative Agent’s or any Lender’s recourse or limiting the Administrative Agent’s or any Lender’s rights to a deficiency judgment against NMLP or any other party;

Appears in 1 contract

Sources: Indemnity Agreement (Newkirk Realty Trust, Inc.)

Exculpatory Language. Any exculpatory, or nonrecourse, or limited recourse provision in any of the NMLP Loan Documents (except as specifically contained in this Agreement) limiting the Administrative Agent’s 's or any Lender’s 's recourse or limiting the Administrative Agent’s 's or any Lender’s 's rights to a deficiency judgment against NMLP or any other party;

Appears in 1 contract

Sources: Indemnity Agreement (Newkirk Master Lp)