Lender Not Fiduciary. The relationship between Borrower and Guarantor and Lender is solely that of debtor and creditor, and Lender has no fiduciary or other special relationship with Borrower or Guarantor, and no tenn or condition of any of the Loan Documents shall be construed so as to deem the relationship between Borrower and Guarantor and Lender to be other than that of debtor and creditor.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (International Shipholding Corp)
Lender Not Fiduciary. The relationship between Borrower and Debtor, Guarantor and Lender is solely that of debtor and creditor, and Lender has no fiduciary or other special relationship with Borrower Debtor or Guarantor, and no tenn term or condition of any of the Loan Documents shall be construed so as to deem the relationship between Borrower and Debtor, Guarantor and Lender to be other than that of debtor and creditor.
Appears in 1 contract
Lender Not Fiduciary. The relationship between Borrower and Guarantor Borrower, Guarantor, and Lender is solely that of debtor and creditor, and Lender has no fiduciary or other special relationship with Borrower or Guarantor, and no tenn term or condition provision of any of the Loan Documents shall be construed so as to deem the relationship between Borrower and or Guarantor and Lender to be other than that of debtor and creditor.
Appears in 1 contract
Samples: Loan and Security Agreement (Atlantic Coast Entertainment Holdings Inc)
Lender Not Fiduciary. The relationship between Borrower and each Borrower, each Guarantor and Lender is solely that of debtor and creditor, and Lender Xxxxxx has no fiduciary or other special relationship with any Borrower or any Guarantor, and no tenn term or condition of any of the Loan Documents shall be construed so as to deem the relationship between Borrower and any Borrower, any Guarantor and Lender to be other than that of debtor and creditor.
Appears in 1 contract
Samples: Loan and Security Agreement (Digerati Technologies, Inc.)
