Lender Liability Sample Clauses

Lender Liability. No Lender, or any of its officers, directors, employees, agents, or counsel shall be liable for any action lawfully taken or omitted to be taken by it or them hereunder or in connection herewith, except for its or their own respective gross negligence or willful misconduct.

Lender Liability. The existence of any legal protection for the INSURED against liability of any kind whatsoever in connection with POLLUTION CONDITIONS, including but not limited to the secured creditor exemption in Section 9601(2) of the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. Sec. 9601 et seq., shall in no way affect the rights of the INSURED under this Policy. Any failure of the INSURED to qualify for such protection shall not in and of itself trigger Exclusion IV.E or in any other way affect the rights of the INSURED under this Policy.

Lender Liability. NMHG hereby agrees to indemnify, save and keep harmless NFS, its respective agents, employees, successors and assigns from and against any and all losses, damages, penalties, injuries, claims, actions and suits, including legal expenses and outside attorneys’ fees, of whatsoever kind and nature, in contract or tort (collectively, “Losses”) arising out of or in connection with (i) any decision or recommendation by NMHG to limit, terminate or otherwise modify any Dealer’s Credit Line, (ii) any decision or recommendation by NMHG to the effect that NFS should not enter into any Wholesale Account with any Dealer, (iii) any refusal by NFS to enter into any Wholesale Account with any Dealer by reason of NMHG’s termination of the recourse set forth in Article II above with respect to such Dealer’s obligations, or (iv) any termination or other modification of any Dealer’s franchise by NMHG.

Lender Liability. The Lender shall not be liable for any loss sustained by any party resulting from any action, omission, or failure to act by the Lender, whether with respect to the exercise or enforcement of the Lender's rights or remedies under the Loan Documents, the Credit Line Loan, or otherwise, unless such loss is caused by the actual willful misconduct of the Lender conducted in bad faith. IN NO EVENT SHALL THE LENDER EVER BE LIABLE FOR CONSEQUENTIAL OR PUNITIVE DAMAGES, ANY RIGHT OR CLAIM THERETO BEING EXPRESSLY AND UNCONDITIONALLY WAIVED.

Lender Liability. The existence of any legal protection for the INSURED against liability of any kind whatsoever in connection with POLLUTION CONDITIONS, including but not limited to the secured creditor exemption in Section 9601(2) of the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. Sec. 9601 et seq., shall in no way affect the rights of the INSURED under this Policy. Any failure of the INSURED to qualify for such protection shall not in and of itself trigger Exclusion IV.E or in any other way affect the rights of the INSURED under this Policy. Copyright, American International Group, Inc., 2000 14

Lender Liability. (a) The duties, warranties, covenants and promises arising from the Loan Documents of each Lender to Borrower shall be several and not joint, and the Borrower shall have no legal or equitable cause of action against one Lender (or its successors or assigns) for any liability of the other Lender (or its successors or assigns)

Lender Liability. 21 SECTION 10.05 Expenses................................................................. 21 SECTION 10.06 Indemnity................................................................ 22 SECTION 10.07 CHOICE OF LAW............................................................ 22 SECTION 10.08 Consent to Jurisdiction.................................................. 22 SECTION 10.09

Lender Liability. What is lender liability? □ Lender liability refers to the interest rate charged by a lender □ Lender liability refers to the ability of a lender to recover funds in the event of a borrower's default □ Lender liability refers to the legal responsibility that lenders have to borrowers for actions or omissions that cause harm □ Lender liability refers to the amount of money a lender can lend to a borrower What are some examples of lender liability? □ Examples of lender liability can include fraudulent lending practices, breach of contract, and failure to disclose material information □ Examples of lender liability can include credit checks □ Examples of lender liability can include timely loan servicing □ Examples of lender liability can include loan origination fees Who can be held liable in lender liability cases? □ Real estate agents can be held liable in lender liability cases □ Lenders, loan officers, and other financial institutions can be held liable in lender liability cases □ Insurance companies can be held liable in lender liability cases □ Borrowers can be held liable in lender liability cases What is the significance of the "duty of good faith and fair dealing" in lender liability cases? □ The duty of good faith and fair dealing requires that lenders charge a fair interest rate □ The duty of good faith and fair dealing requires that lenders act in good faith and deal fairly with borrowers □ The duty of good faith and fair dealing requires that lenders disclose all information about their profits □ The duty of good faith and fair dealing requires that lenders prioritize their own interests over those of the borrower Can borrowers sue lenders for lender liability? □ Yes, borrowers can sue lenders for lender liability if they believe that they have been harmed by the lender's actions or omissions □ No, borrowers cannot sue lenders for lender liability □ Borrowers can only sue lenders for breach of contract □ Borrowers can only sue lenders if they default on their loans What is the "implied covenant of good faith and fair dealing" in lender liability cases? □ The implied covenant of good faith and fair dealing is an obligation that requires the parties to prioritize their own interests over those of the other party □ The implied covenant of good faith and fair dealing is an obligation that only arises in loan agreements □ The implied covenant of good faith and fair dealing is an obligation that can be waived by the borrower □ The implied covenant of ...

Lender Liability. (a) Number of cases impose liability on lenders, often as a result of exercising "control" over borrower (1) taking actions indicating "ownership" such as exercising voting power, selecting or dismissing management (2) taking actions usually reserved to management, such as financial decisions, taking control of or operating borrower's properties (3) monitoring and advising insufficient (4) if lender exercises "control" will be held to higher standard and may be viewed as a fiduciary