Common use of Arrangers and Managers Clause in Contracts

Arrangers and Managers. None of the Persons identified on the cover page or signature pages of this Agreement as a “book manager” or “joint lead arranger” shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than, in the case of any such Person that is also a Lender, those applicable to all Lenders, as such. Without limiting the foregoing, none of the Persons so identified shall have or be deemed to have any fiduciary relationship with any Lender. Each Lender acknowledges that it has not relied, and will not rely, on any of the Persons so identified in deciding to enter into this Agreement or in taking or not taking action hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Devon Energy Corp/De), 364 Day Credit Agreement (Devon Energy Corp/De), 364 Day Credit Agreement (Devon Energy Corp/De)

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Arrangers and Managers. None of the Persons identified on the cover page or signature pages of this Agreement as a “book manager” or bookrunner”, “joint lead arranger” or “syndication agent” shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than, in the case of any such Person that is also a Lender, those applicable to all Lenders, Lenders as such. Without limiting the foregoing, none of the Persons so identified shall have or be deemed to have any fiduciary relationship with any Lender. Each Lender acknowledges that it has not relied, and will not rely, on any of the Persons so identified in deciding to enter into this Agreement or in taking or not taking action hereunder.

Appears in 2 contracts

Samples: Delayed Draw Term Loan Credit Agreement (Devon Energy Corp/De), Credit Agreement (Devon Energy Corp/De)

Arrangers and Managers. None of the Persons identified on the cover page or signature pages of this Agreement as a “book managersole lead arranger”, “sole bookrunner”, “documentation agent” or “joint lead arrangermanaging agent” shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than, in the case of any such Person that is also a Lender, those applicable to all Lenders, as such. Without limiting the foregoing, none of the Persons so identified shall have or be deemed to have any fiduciary relationship with any Lender. Each Lender acknowledges that it has not relied, and will not rely, on any of the Persons so identified in deciding to enter into this Agreement or in taking or not taking action hereunder.

Appears in 1 contract

Samples: Credit Agreement (Devon Energy Corp/De)

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Arrangers and Managers. None of the Lenders or other Persons identified on the cover facing page or signature pages of this Agreement as a “book managerlead arranger” or “joint lead arrangerbook manager” shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than, in the case of any such Person that is also a LenderLenders, those applicable to all Lenders, Lenders as such. Without limiting the foregoing, none of the Lenders or other Persons so identified shall have or be deemed to have any fiduciary relationship with any Lender. Each Lender acknowledges that it has not relied, and will not rely, on any of the Lenders or other Persons so identified in deciding to enter into this Agreement or in taking or not taking action hereunder.

Appears in 1 contract

Samples: Term Credit Agreement (Keystone Automotive Operations Inc)

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