Debtor-Creditor Relationship. The relationship between Bank, on the one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. Bank has no (nor shall be deemed to have any) fiduciary relationship or duty to any Loan Party arising out of or in connection with the Loan Documents or the transactions contemplated thereby, and there is no agency or joint venture relationship between Bank, on the one hand, and the Loan Parties, on the other hand, by virtue of any Loan Document or any transaction contemplated therein.
Appears in 3 contracts
Samples: Credit Agreement (Winc, Inc.), Credit Agreement (Winc, Inc.), Credit Agreement (Winc, Inc.)
Debtor-Creditor Relationship. The relationship between the Bank, on the one hand, and the Loan PartiesBorrower, on the other hand, arising under the Loan Documents, is solely that of creditor and debtor. The Bank has no shall not have (nor or shall not be deemed to have anyhave) any fiduciary relationship or duty to any Loan Party the Borrower arising out of or in connection with the Loan Documents or the transactions contemplated thereby, and there is no agency or joint venture relationship between the Bank, on the one hand, and the Loan PartiesBorrower, on the other hand, by virtue of any Loan Document or any transaction contemplated therein.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Midas Series Trust), Revolving Credit Agreement (Foxby Corp.), Revolving Credit Agreement (Dividend & Income Fund)
Debtor-Creditor Relationship. The relationship between BankLender, on the one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. Bank has no Lender does not have (nor shall be deemed to have anyhave) any fiduciary relationship or duty to any Loan Party arising out of or in connection with the Loan Documents or the transactions contemplated thereby, and there is no agency or joint venture relationship between BankLender, on the one hand, and the Loan Parties, on the other hand, by virtue of any Loan Document or any transaction contemplated therein.
Appears in 2 contracts
Samples: Credit Agreement (Emmis Communications Corp), Credit Agreement (Northwest Pipe Co)
Debtor-Creditor Relationship. The relationship between the Bank, on the one hand, and the Loan PartiesBorrower, on the other hand, is solely that of creditor and debtor. The Bank has no shall not have (nor or shall not be deemed to have anyhave) any fiduciary relationship or duty to any Loan Party the Borrower arising out of or in connection with the Loan Documents or the transactions contemplated thereby, and there is no agency or joint venture relationship between the Bank, on the one hand, and the Loan PartiesBorrower, on the other hand, by virtue of any Loan Document or any transaction contemplated therein.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Spirit of America Investment Fund Inc), Revolving Credit Agreement (Capitol Series Trust)
Debtor-Creditor Relationship. The relationship between Bankthe Lender, on the one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. Bank has no Lender does not have (nor shall be deemed to have anyhave) any fiduciary relationship or duty to any Loan Party arising out of or in connection with the Loan Documents or the transactions contemplated thereby, and there is no agency or joint venture relationship between Bankthe Lender, on the one hand, and the Loan Parties, on the other hand, by virtue of any Loan Document or any transaction contemplated therein.
Appears in 1 contract
Samples: Credit Agreement (Neophotonics Corp)
