Arranger and Other Agents Clause Samples
The "Arranger and Other Agents" clause defines the roles, responsibilities, and authority of the arranger and any other agents involved in a financial transaction, such as a syndicated loan. Typically, this clause outlines the scope of the agents' duties, clarifies that they act on behalf of the lender group, and may limit their liability for actions taken in good faith. By clearly delineating the functions and limitations of these parties, the clause ensures efficient administration of the transaction and helps prevent disputes over authority or responsibility among the lenders and agents.
Arranger and Other Agents. Neither the Joint Lead Arrangers nor the Syndication Agent shall have any duties or responsibilities hereunder in their respective capacities as such.
Arranger and Other Agents. None of Arranger, any syndication agent or any documentation agent hereunder shall have any duties, responsibilities or liabilities under this agreement or the other Loan Documents other than, if applicable, their duties, responsibilities and liabilities in their capacity as Lenders hereunder.
Arranger and Other Agents. None of the Persons identified on the facing page or the signature pages of this Agreement as the “Lead Arranger and Sole Book Runner” or as an Agent (other than the Administrative Agent) shall have any right, power, obligation, liability, responsibility or duty under this Agreement or any other Loan Document other than, except in the case of the Arranger, those applicable to all Lenders as such. Without limiting the foregoing, none of the Arranger or any Agent (other than the Administrative Agent) shall have or be deemed to have any fiduciary relationship with any Lender or Borrower or any of its Subsidiaries. Borrower and each Lender acknowledges that it has not relied, and will not rely, on any of the Arranger or any Agent (other than the Administrative Agent) in deciding to enter into this Agreement or in taking or not taking any action hereunder or under the Loan Documents.
Arranger and Other Agents. None of the Syndication Agent, the Arranger nor any other Lender or Affiliate thereof now or hereafter identified as a co-agent or documentation agent hereunder solely in their respective capacities as such shall have any right, power, obligation, liability, responsibility or duty under this Agreement.