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6.A. - Page 16 of 24 <br />(b) No Partnership or Joint Venture. The Senior Lender's permission for <br />the placement of the Subordinate Loan Documents does not constitute the Senior Lender as a <br />joint venturer or partner of the Subordinate Lender. Neither party hereto shall hold itself out as a <br />partner, agent or Affiliate of the other party hereto. <br />(c) Senior Lender's and Subordinate Lender's Consent. Wherever <br />the Senior Lender's consent or approval is required by any provision of this Agreement, <br />such consent or approval may be granted or denied by the Senior Lender in its sole and <br />absolute discretion, unless otherwise expressly provided in this Agreement. Wherever the <br />Subordinate Lender's consent or approval is required by any provision of this Agreement, <br />such consent or approval may be granted or denied by the Subordinate Lender in its sole and <br />absolute discretion, unless otherwise expressly provided in this Agreement. <br />(d) Further Assurances. The Subordinate Lender, the Senior Lender and <br />the Borrower each agree, at the Borrower's expense, to execute and deliver all additional <br />instruments and/or documents reasonably required by any other party to this Agreement in <br />order to evidence that the Subordinate Security Instrument is subordinate to the lien, <br />covenants and conditions of the Senior, or to further evidence the intent of this Agreement. <br />(e) Amendment. This Agreement shall not be amended except by written <br />instrument signed by all parties hereto. <br />(f) Governing Law. This Agreement shall be governed by the laws of the <br />State in which the Property is located. <br />(g) Severable Provisions. If any provision of this Agreement shall be <br />invalid or unenforceable to any extent, then the other provisions of this Agreement, shall not be <br />affected thereby and shall be enforced to the greatest extent permitted by law. <br />(b) Term. The term of this Agreement shall commence on the date hereof <br />and shall continue until the earliest to occur of the following events: (i) the payment of all <br />of the principal of, interest on and other amounts payable under the Senior Loan <br />Documents; (ii) the payment of all of the principal of, interest on and other amounts <br />payable under the Subordinate Loan Documents, other than by reason of payments which <br />the Subordinate Lender is obligated to remit to the Senior Lender pursuant to Section 4 <br />hereof; (iii) the acquisition by the Senior Lender of title to the Property pursuant to a <br />foreclosure or a deed in lieu of foreclosure of, or the exercise of a power of sale contained <br />in, the Senior Mortgage; or (iv) the acquisition by the Subordinate Lender of title to the <br />Property pursuant to a foreclosure or a deed in lieu of foreclosure of, or the exercise of a <br />power of sale contained in, the Subordinate Security Instrument, but only if such <br />acquisition of title does not violate any of the terms of this Agreement. <br />(i) Counterparts. This Agreement may be executed in any number of <br />counterparts, each of which shall be considered an original for all purposes; provided, however, <br />that all such counterparts shall together constitute one and the same instrument. <br />[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK] <br />REV: 12-06-18 VR <br />Page 13 of 21 <br />ATTY/AGR.2018.2741KDF Hallmark 22 <br />