Common use of Lender Not in Control Clause in Contracts

Lender Not in Control. None of the covenants or other provisions contained in this Agreement shall, or shall be deemed to, give Lender the rights or power to exercise control over the

Appears in 1 contract

Sources: Construction Loan Agreement (Newmark Homes Corp)

Lender Not in Control. None of the covenants or other provisions ---------------------- contained in this Agreement shall, or shall be deemed to, give Lender the rights right or power or obligation to exercise control over thethe affairs and/or management of Borrower.

Appears in 1 contract

Sources: Loan and Security Agreement (Mego Financial Corp)