Common use of Limitation on Relationship between Parties Clause in Contracts

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)

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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 (Joe's Jeans Inc.), Forbearance Agreement

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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.)

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