Common use of Debtor-Creditor Relationship Clause in Contracts

Debtor-Creditor Relationship. The relationship between Lenders and Administrative Agent, on the one hand, and Borrowers, on the other hand, is solely that of debtor and creditor. No Secured Party has any fiduciary relationship or duty to any Borrower or any other Borrower Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the Secured Parties and Borrowers and any of the other Borrower Parties by virtue of, any Loan Document, the Environmental Indemnity Agreement or any transaction contemplated therein.

Debtor-Creditor Relationship. The relationship between the Lenders and Administrative Agent, on the one hand, and Borrowers, on the other hand, is solely that of debtor and creditor. No Secured Party has any fiduciary relationship or duty to any Borrower or any other Borrower Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the Secured Parties and the Borrowers and any other of the other Borrower Parties by virtue of, any Loan Document, the Environmental Indemnity Agreement or any transaction contemplated therein.

Debtor-Creditor Relationship. The relationship between the Lenders and the Administrative Agent, on the one hand, and Borrowersthe Loan Parties, on the other hand, is solely that of debtor and creditor. No Secured Party has any fiduciary relationship or duty to any Borrower or any other Borrower Loan Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the Secured Parties and Borrowers and any of the other Borrower Loan Parties by virtue of, any Loan Document, the Environmental Indemnity Agreement Document or any transaction contemplated therein.

Debtor-Creditor Relationship. The relationship between the Lenders and the Administrative Agent, on the one hand, and the Borrowers, on the other hand, is solely that of debtor and creditor. No Secured Party has any fiduciary relationship or duty to any Borrower or any other Borrower Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the Secured Parties and Borrowers the Borrower and any of the other Borrower Parties by virtue of, any Loan Document, the Environmental Indemnity Agreement Document or any transaction contemplated therein.

Debtor-Creditor Relationship. The relationship between the Lenders and Administrative Agent, on the one hand, and BorrowersBorrower, on the other hand, is solely that of debtor and creditor. No Secured Party has any fiduciary relationship or duty to any Borrower or any other Borrower Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the Secured Parties and Borrowers Borrower and any of the other Borrower Parties Party by virtue of, any Loan Document, the Environmental Indemnity Agreement Credit Document or any transaction contemplated therein.

Debtor-Creditor Relationship. The relationship between the Lenders and Administrative the Agent, on the one hand, and Borrowers, on the other hand, is solely that of debtor and creditor. No Secured Party has any fiduciary relationship or duty to any Borrower or any other Borrower Loan Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the Secured Parties and the Borrowers and any other of the other Borrower Loan Parties by virtue of, any Loan Document, the Environmental Indemnity Agreement Document or any transaction contemplated therein.

Debtor-Creditor Relationship. The relationship between the Lenders and Administrative Agent, on the one hand, and Borrowers, on the other hand, is solely that of debtor and creditor. No Secured Party has any fiduciary relationship or duty to any Borrower or any other Borrower Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the Secured Parties and Borrowers and any of the other Borrower Parties Party by virtue CONA – Healthcare Trust, Inc. 92119388.8 of, any Loan Document, the Environmental Indemnity Agreement or any transaction contemplated therein.

Debtor-Creditor Relationship. The relationship between the Lenders and Administrative Agent, on the one hand, and BorrowersBorrower, on the other hand, is solely that of debtor and creditor. No Secured Party has any fiduciary relationship or duty to any Borrower or any other Borrower Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the Secured Parties and Borrowers the Borrower and any other of the other Borrower Parties by virtue of, any Loan Document, the Environmental Indemnity Agreement or any transaction contemplated therein.