Creditor-Debtor Relationship. The relationship between Agent and each Lender, on the one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. Neither Agent nor any Lender has any fiduciary relationship or duty to any Loan Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between Agent or Lenders and Loan Parties by virtue of, any Loan Document or any transaction contemplated herein or therein.
Appears in 9 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Siga Technologies Inc), Loan and Security Agreement (Cas Medical Systems Inc)
Creditor-Debtor Relationship. The relationship between Agent the Term Agent, and each Term Lender, on the one hand, and the Loan PartiesBorrowers, on the other hand, is solely that of creditor and debtor. Neither Agent nor any Lender No Secured Party has any fiduciary relationship or duty to any Loan Party Borrower arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between Agent or Lenders the Secured Parties and Loan Parties the Borrowers by virtue of, any Loan Document or any transaction contemplated herein or therein.
Appears in 7 contracts
Samples: Term Loan Agreement (Mediaco Holding Inc.), Term Loan Agreement (Mediaco Holding Inc.), Term Loan Agreement (Mediaco Holding Inc.)
Creditor-Debtor Relationship. The relationship between Agent and each Lender, Lender on the one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. Neither Agent nor any Lender No Secured Party has any fiduciary relationship or duty to any Loan Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between Agent or Lenders the Secured Parties and the Loan Parties by virtue of, this Agreement or any Loan Document or any other document or transaction contemplated herein or therein.
Appears in 4 contracts
Samples: Credit Agreement (Mach Natural Resources Lp), Credit Agreement (Parsley Energy, Inc.), Credit Agreement (Parsley Energy, Inc.)
Creditor-Debtor Relationship. The relationship between Agent and each Lender, Lender on the one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. Neither Agent nor any Lender No Secured Party has any fiduciary relationship or duty to any Loan Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between Agent or Lenders the Secured Parties and the Loan Parties by virtue of, this Agreement, any other Loan Document or Transaction Document or any transaction contemplated herein or therein.
Appears in 2 contracts
Samples: Credit Agreement (Trans Energy Inc), Credit Agreement (Trans Energy Inc)
Creditor-Debtor Relationship. The relationship between Agent and each Lender, on the one hand, and the Loan PartiesBorrower, on the other hand, is solely that of creditor and debtor. Neither No Lender or Agent nor any Lender has any fiduciary relationship or duty to any Loan Party the Borrower arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the Agent or and the Lenders and Loan Parties the Borrower by virtue of, any Loan Document or any transaction contemplated herein or therein.
Appears in 1 contract
Samples: Credit Agreement (Amerco /Nv/)
