Beneficiaries. Except as expressly provided herein, the provisions of this Section 10 are solely for the benefit of the Agent and the Banks, and the Loan Parties shall not have any rights to rely on or enforce any of the provisions hereof. In performing its functions and duties under this Agreement, the Agent shall act solely as agent of the Banks and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any of the Loan Parties.
Appears in 27 contracts
Samples: Revolving Credit Agreement (Ii-Vi Inc), Revolving Credit Facility (Ii-Vi Inc), Credit Agreement (Federated Investors Inc /Pa/)
Beneficiaries. Except as expressly provided herein, the provisions of this Section 10 9 are solely for the benefit of the Agent and the Banks, and the Loan Parties shall not have any rights to rely on or enforce any of the provisions hereof. In performing its functions and duties under this Agreement, the Agent shall act solely as agent of the Banks and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any of the Loan Parties.
Appears in 7 contracts
Samples: Revolving Credit Facility (Respironics Inc), Convertible Revolving Credit Facility (Ptek Holdings Inc), Credit Agreement (Internet Capital Group Inc)
Beneficiaries. Except as expressly provided herein, the provisions of this Section 10 are solely for the benefit of the Agent and the BanksLenders, and the Loan Parties shall not have any rights to rely on or enforce any of the provisions hereof. In performing its functions and duties under this Agreement, the Agent shall act solely as agent of the Banks Lenders and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any of the Loan Parties.
Appears in 5 contracts
Samples: Credit Agreement (Rhino Resource Partners LP), Senior Secured Revolving Credit Facility (Rhino Resource Partners, L.P.), Credit Agreement (Penn Virginia Resource Partners L P)
Beneficiaries. Except as expressly provided herein, the provisions of this Section 10 9 are solely for the benefit of the Administrative Agent and the BanksLenders, and the Loan Parties shall not have any rights to rely on or enforce any of the provisions hereof. In performing its functions and duties under this Agreement, the Administrative Agent shall act solely as agent of the Banks Lenders and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any of the Loan Parties.
Appears in 4 contracts
Samples: Credit Agreement (Key Energy Services Inc), Revolving Credit Facility (Glatfelter P H Co), Revolving Credit Facility (Glatfelter P H Co)
Beneficiaries. Except as expressly provided herein, the provisions of this Section 10 9 are solely for the benefit of the Administrative Agent and the Banks, and the Loan Parties shall not have any rights to rely on or enforce any of the provisions hereof. In performing its functions and duties under this Agreement, the Administrative Agent shall act solely as agent of the Banks and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any of the Loan Parties.
Appears in 2 contracts
Samples: Credit Agreement (Big Lots Inc), Credit Agreement (Papa Johns International Inc)
Beneficiaries. Except as expressly provided herein, the provisions of this Section Article 10 are solely for the benefit of the Agent and the Banks, and the Loan Parties shall not have any rights to rely on or enforce any of the provisions hereof. In performing its functions and duties under this Agreement, the Agent shall act solely as agent of the Banks and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any of the Loan Parties.
Appears in 2 contracts
Samples: Credit Agreement (Suburban Lodges of America Inc), Credit Agreement (Zaring National Corp)
Beneficiaries. Except as expressly provided herein, the provisions of this Section 10 9 [The Agent] are solely for the benefit of the Agent and the Banks, and the Loan Parties shall not have any rights to rely on or enforce any of the provisions hereof. In performing its functions and duties under this Agreement, the Agent shall act solely as agent of the Banks and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any of the Loan Parties.
Appears in 2 contracts
Samples: Senior Multi Currency Revolving Credit Facility (Viasys Healthcare Inc), Revolving Credit Facility (Hovnanian Enterprises Inc)
Beneficiaries. Except as expressly provided herein, the provisions of this Section EXHIBIT 10 are solely for the benefit of the Agent and the Banks, and the Loan Parties shall not have any rights to rely on or enforce any of the provisions hereof. In performing its functions and duties under this Agreement, the Agent shall act solely as agent of the Banks and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any of the Loan Parties.
Appears in 1 contract
Samples: Credit Agreement (Linc Net Inc)
Beneficiaries. Except as expressly provided herein, the provisions of this Section Article 10 are solely for the benefit of the Agent and the Banks, and the Loan Parties shall not have any rights to rely on or enforce any of the provisions hereof. In performing its functions and duties under this Agreement, the Agent shall act solely as agent of the Banks and does not assume and shall not be -107- 117 deemed to have assumed any obligation toward or relationship of agency or trust with or for any of the Loan Parties.
Appears in 1 contract
Beneficiaries. Except as expressly provided herein, the provisions of ------------- this Section 10 9 are solely for the benefit of the Agent and the Banks, and the Loan Parties Borrower shall not have any rights to rely on or enforce any of the provisions hereof. In performing its functions and duties under this Agreement, the Agent shall act solely as agent of the Banks and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any of the Loan PartiesBorrower.
Appears in 1 contract
Beneficiaries. Except as expressly provided herein, the provisions of this Section Article 10 are solely for the benefit of the Agent and the Banks, and the Loan Parties shall not have any rights to rely on or enforce any of the provisions hereofhereof (except for the right to grant or withhold consent described in Section 10.14). In performing its functions and duties under this Agreement, the Agent shall act solely as agent of the Banks and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any of the Loan Parties.
Appears in 1 contract
Samples: Credit Agreement (Phymatrix Corp)
Beneficiaries. Except as expressly provided hereinset forth in Sections 10.5, 10.14, 10.15 and 10.16, the provisions of this Section Article 10 are solely for the benefit of the Agent and the Banks, and the Borrower or any other Loan Parties Party shall not have any rights to rely on or enforce any of the provisions hereof. In performing its functions and duties under this Agreement, the Agent shall act solely as agent of the Banks and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for the Borrower or any of the other Loan PartiesParty.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Federated Investors Inc /Pa/)
Beneficiaries. Except as expressly provided herein, the provisions of this Section 10 are solely for the benefit of the Agent and the Banks, and the Loan Parties shall not have any rights to rely on or enforce any of the provisions hereof. In performing its functions and duties under this Agreement, the Agent shall act solely as agent of the Banks and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any of the Loan Parties.
11. MISCELLANEOUS 11.1
Appears in 1 contract
Samples: Credit Agreement (Roundys Inc)
Beneficiaries. Except as expressly provided herein, the provisions of this Section Article 10 are solely for the benefit of the Agent and the Banks, and the Loan Parties shall not have any rights to rely on or enforce any of the provisions hereof. In performing its functions and duties under this Agreement, the Agent shall act solely as agent of the Banks and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any of the Loan Parties.. -70- 77
Appears in 1 contract
