Common use of Co-Agents; Lead Managers Clause in Contracts

Co-Agents; Lead Managers. None of the Banks identified on the ------------------------ facing page or signature pages of this Agreement as a "co-agent," "syndication agent," or "lead manager" shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than those applicable to all Banks as such. Without limiting the foregoing, none of the Banks so identified as a "co-agent," "syndication agent," or "lead manager" shall have or be deemed to have any fiduciary relationship with any Bank. Each Bank acknowledges that it has not relied, and will not rely, on any of the Banks so identified in deciding to enter into this Agreement or in taking or not taking action hereunder.

Appears in 2 contracts

Samples: Revolving Multicurrency Credit Agreement (Johns Manville International Group Inc), Revolving Multicurrency Credit Agreement (Johns Manville Corp /New/)

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Co-Agents; Lead Managers. None of the Banks identified on the ------------------------ facing page or signature pages of this Agreement as a "co-agent," "syndication agent," or "lead managermanaging agent" shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than those applicable to all Banks as such; except as set forth in the final proviso of Section 10. 1. Without limiting the foregoing, none of the Banks so identified as a "co-agent," "syndication agent," or "lead manager" shall have or be deemed to have any fiduciary relationship with any Bank. Each Bank acknowledges that it has not relied, and will not rely, on any of the Banks so identified in deciding to enter into this Agreement or in taking or not taking action hereunder.

Appears in 1 contract

Samples: Credit Agreement (Pacificare Health Systems Inc)

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Co-Agents; Lead Managers. None of the Banks identified on the facing ------------------------ facing page or signature pages of this Agreement as a "co-senior managing agent," "syndication agent," or a "lead managerco- agent" shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than those applicable to all Banks as such. Without limiting the foregoing, none of the Banks so identified as a "senior managing agent" or a "co-agent," "syndication agent," or "lead manager" shall have or be deemed to have any fiduciary relationship with any Bank. Each Bank acknowledges that it has not relied, and will not rely, on any of the Banks so identified in deciding to enter into this Agreement or in taking or not taking action hereunder.

Appears in 1 contract

Samples: Credit Agreement (Cb Commercial Real Estate Services Group Inc)

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