Common use of Creditor-Debtor Relationship Clause in Contracts

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.

Creditor-Debtor Relationship. The relationship between the Administrative Agent and each Lender, on the one hand, and the Loan PartiesBorrower, 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 Transaction 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 Loan the Transaction Parties by virtue of, any Loan Related Document or any transaction contemplated herein or therein.

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 or Subsidiary thereof arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between Agent or Lenders the Secured Parties, on the one hand, and the Loan Parties and their Subsidiaries, on the other hand, by virtue of, this Agreement or any Loan Document or any other document or transaction contemplated herein or therein.

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.