Limitation on Relationship between Parties. The relationship of the Administrative Agent and Lenders, on the one hand, and the Credit Parties, on the other hand, has been and shall continue to be, at all times, that of creditor and debtor. Nothing contained in this Amendment, any instrument, document or agreement delivered in connection therewith or in the Loan Documents shall be deemed or construed to create a fiduciary relationship between the parties.
Appears in 13 contracts
Samples: Forbearance and Amendment Agreement (Meridian Resource Corp), Forbearance and Amendment Agreement (Meridian Resource Corp), Forbearance and Amendment Agreement (Meridian Resource Corp)
Limitation on Relationship between Parties. The relationship of the Administrative Agent and Lenders, on the one hand, and the Credit Loan Parties, on the other hand, has been and shall continue to be, at all times, that of creditor and debtor. Nothing contained in this AmendmentAgreement, any instrument, document or agreement delivered in connection therewith herewith or in the Loan Documents shall be deemed or construed to create a fiduciary relationship between the parties.
Appears in 3 contracts
Samples: Forbearance Agreement (Joe's Jeans Inc.), Forbearance Agreement and Amendment to Revolving Credit Agreement (Joe's Jeans Inc.), Forbearance Agreement
Limitation on Relationship between Parties. The relationship of the Administrative Agent and Lenders, on the one hand, and the Credit Parties, on the other hand, has been and shall continue to be, at all times, that of creditor and debtor. Nothing contained in this AmendmentAgreement, any instrument, document or agreement delivered in connection therewith herewith or in the Loan Transaction Documents shall be deemed or construed to create a fiduciary relationship between the parties.
Appears in 2 contracts
Samples: Forbearance Agreement, Forbearance Agreement (SOCIAL REALITY, Inc.)
Limitation on Relationship between Parties. The relationship of the Administrative Agent and LendersBank, on the one hand, and the Credit PartiesBorrowers, on the other hand, has been and shall continue to be, at all times, that of creditor and debtor. Nothing contained in this Amendment, any instrument, document or agreement delivered in connection therewith or in the Loan Documents shall be deemed or construed to create a fiduciary relationship between the parties.
Appears in 1 contract
Samples: Loan Agreement (Hallwood Group Inc)
