Common use of Limited Duties Clause in Contracts

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks (except to the limited extent provided in Section 10.04(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 8 contracts

Samples: Credit Agreement (iCIMS Holding LLC), Credit Agreement (iCIMS Holding LLC), Credit Agreement (iCIMS Holding LLC)

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Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties10.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 8 contracts

Samples: Credit Agreement (Westwood One Inc /De/), Credit Agreement (Assisted Living Concepts Inc), Credit Agreement (Duff & Phelps Corp)

Limited Duties. Under the Loan Documents, each of the Administrative Agent Agents (i) is acting solely on behalf of the Lenders or the Revolving Lenders and the Issuing Banks L/C Issuers, as applicable (except to the limited extent provided in Section 10.04(bsubsection 1.4(b) with respect to the Register and in Section 9.11 with respect to the other Secured PartiesRegister), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms “Administrative Agent” and “Collateral Revolver Agent”, ” or the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent or Revolver Agent, as applicable, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party Person and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank Secured Party by accepting the benefits of the Loan Documents hereby waives and agrees not to assert any claim against the Administrative Agent or the Revolver Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 4 contracts

Samples: Credit Agreement (SelectQuote, Inc.), Credit Agreement (SelectQuote, Inc.), Credit Agreement (SelectQuote, Inc.)

Limited Duties. Under the Loan Documents, the Administrative Agent Agents (i) is are acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(bsubsection 1.4(b) with respect to the Register and in Section 9.11 with respect to the other Secured PartiesRegister), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term Administrative Agent” and “Collateral Agent”, “US Agent” or “Canadian Agent” the terms “agent”, “administrative agentAgent”, “US Agent”, “Canadian Agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Appropriate Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party Person and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank Secured Party, by accepting the benefits of the Loan Documents, hereby waives and agrees not to assert any claim against the Administrative any Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 4 contracts

Samples: Credit Agreement (Thermon Holding Corp.), Non Competition Agreement (Thermon Holding Corp.), Non Competition Agreement (Thermon Holding Corp.)

Limited Duties. Under the Loan DocumentsDocuments and Lender Interest Letters, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties10.6), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document or any Lender Interest Letter to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document or any Lender Interest Letter other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank Lender or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan DocumentDocument or any Lender Interest Letter, and each Lender and Issuing Bank hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 3 contracts

Samples: Credit Agreement (Rush Enterprises Inc \Tx\), Credit Agreement (Rush Enterprises Inc \Tx\), Credit Agreement (Rush Enterprises Inc \Tx\)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties10.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Genesis Healthcare, Inc.), Revolving Credit Agreement (Genesis Healthcare, Inc.), Master Lease Agreement (Genesis Healthcare, Inc.)

Limited Duties. Under the Loan Documents, each of the Administrative Agent Agents (i) is acting solely on behalf of the Secured Parties (or the Revolving Lenders and the Issuing Banks (L/C Issuers with respect to the Administrative Agent except to the limited extent provided in Section 10.04(b11.06(c) with respect to the Register and in Section 9.11 with respect to the other Secured PartiesRegister), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent” and “Collateral Agent”, or the terms “agent”, “administrative agentAgent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming and shall not have any obligation actual or implied obligations, functions, responsibilities, duties, under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank Secured Party or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan DocumentPerson, and each Lender and Issuing Bank Secured Party, by accepting the benefits of the Loan Documents, hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through and (iiiii) above.

Appears in 3 contracts

Samples: Credit Agreement (Montrose Environmental Group, Inc.), Credit Agreement (Montrose Environmental Group, Inc.), Credit Agreement (Montrose Environmental Group, Inc.)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties11.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms “term "Administrative Agent” and “Collateral Agent”", the terms "agent", "administrative agent" and "collateral agent" and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 2 contracts

Samples: Credit and Term Loan Agreement (PROS Holdings, Inc.), Intercreditor Agreement (Inverness Medical Innovations Inc)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks (except to the limited extent provided in Section 10.04(b) with respect to the Register and in Section 9.11 with respect to the 177 other Secured Parties), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 2 contracts

Samples: Credit Agreement (Jamf Holding Corp.), Credit Agreement (Juno Topco, Inc.)

Limited Duties. Under the Loan Documents, the Administrative Agent Agent, in its capacity as such, (i) is acting solely on behalf of the Lenders and the Issuing Banks Secured Parties (except to the limited extent provided in Section 10.04(b1.4(b) with respect to the Register and in Section 9.11 with respect to the other Secured PartiesRegister), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agentAgent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party Person and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank Secured Party, by accepting the benefits of the Loan Documents, hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 2 contracts

Samples: Credit Agreement (Lulu's Fashion Lounge Holdings, Inc.), Credit Agreement (Lulu's Fashion Lounge Holdings, Inc.)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b1.4(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties10.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 2 contracts

Samples: Credit Agreement (Princeton Review Inc), Credit Agreement (Princeton Review Inc)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks (except to the limited extent provided in Section 10.04(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank Lender or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 2 contracts

Samples: Credit Agreement (Par Technology Corp), Credit Agreement (2U, Inc.)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers, as applicable (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties10.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent” and “Collateral Agent”, the terms “administrative agent”,” “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.167 [[5286738]]

Appears in 1 contract

Samples: Version Fourth (White Mountains Insurance Group LTD)

Limited Duties. Under the Loan Documents, the Administrative Agent and the Canadian Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties9.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent”, “Canadian Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” “Canadian agent”, and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent or the Canadian Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 1 contract

Samples: Credit Agreement (Bombay Company Inc)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b10.06(b) with respect to the Register and in Section 9.11 with respect to the other Secured PartiesRegister), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each other Agent, Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 1 contract

Samples: Credit Agreement (Spectrum Brands, Inc.)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks (except to the limited extent provided in Section 10.04(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank Lender or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.. Section 9.02

Appears in 1 contract

Samples: Credit Agreement (Par Technology Corp)

Limited Duties. Under the Loan Documents, the Administrative Agent Agents (i) is are acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties10.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms “term "Administrative Agent” and “", "Collateral Agent", the terms "agent", "administrative agent" and "collateral agent" and similar terms in any Loan Document to refer to the Administrative either Agent, which terms are used for title purposes only, (ii) is are not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent Agents based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 1 contract

Samples: Credit Agreement (Goamerica Inc)

Limited Duties. Under the Loan Documents, the Administrative each Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties10.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative AgentAgents, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative any Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 1 contract

Samples: Credit Agreement (Danka Business Systems PLC)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b) subsection 2.1E with respect to the Register and in Section 9.11 with respect to the other Secured Partiessubsection 9.8), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 1 contract

Samples: Credit Agreement (Beasley Broadcast Group Inc)

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Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks (except to the limited extent provided in Section 10.04(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties12.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank Lender or any [†] DESIGNATES PORTIONS OF THIS DOCUMENT THAT HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT FILED SEPARATELY WITH THE COMMISSION 80 other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in the foregoing clauses (i) through (iii) above).

Appears in 1 contract

Samples: Loan Agreement (NanoString Technologies Inc)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties10.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the 101 roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 1 contract

Samples: Credit Agreement (Beacon Roofing Supply Inc)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks (except to the limited extent provided in Section 10.04(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.. Section 9.02

Appears in 1 contract

Samples: Credit Agreement (Blend Labs, Inc.)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties10.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms “term "Administrative Agent” and “Collateral Agent”", the terms "agent", "administrative agent" and "collateral agent" and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 1 contract

Samples: Credit Agreement (Dayton Superior Corp)

Limited Duties. Under the Loan Documents, the Co-Administrative Agent Agents (i) is are acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b1.7(b) with respect to the Register and in Section 9.11 with respect to the other Secured PartiesRegister), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms “Agent”, “Co-Administrative Agent” and ”, Collateral SunTrust Administrative Agent”, “GE Capital Administrative Agent”, the terms “agent”, “administrative agentAgent” and “collateral agent” and similar terms in any Loan Document to refer to the either Co-Administrative Agent, which terms are used for title purposes only, (ii) is are not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party Person and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the either Co-Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 1 contract

Samples: Credit Agreement (TNS Inc)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers, as applicable (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties10.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent” and “Collateral Agent”, the terms “administrative agent,” “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i), (ii) through and (iii) above.. Section 10.2

Appears in 1 contract

Samples: Execution Version Credit Agreement (White Mountains Insurance Group LTD)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks (except to the limited extent provided in Section 10.04(bsubsection 9.8(c) with respect to the Register and in Section 9.11 with respect to the other Secured PartiesRegister), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agentAgent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes onlyonly and as a matter of market custom, and are intended to create or reflect only an administrative relationship between contracting parties, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank Lender or any other Secured Party Person (regardless of whether a Default or Event of Default has occurred and is continuing) and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank Lender, by accepting the benefits of the Loan Documents, hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 1 contract

Samples: Credit Agreement (Amerco /Nv/)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties11.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 1 contract

Samples: Credit Agreement (Alere Inc.)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties10.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term “Administrative Agent,and “Collateral Agent”, the terms “agent”, ,” “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 1 contract

Samples: Credit Agreement (Townsquare Media, LLC)

Limited Duties. Under the Loan Financing Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b2.14(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties10.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agentAgent” and “collateral agent” and similar terms in any Loan Financing Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Financing Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Financing Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 1 contract

Samples: Credit Agreement (DynaVox Inc.)

Limited Duties. Under the Loan Documents, the Administrative Agent (i) is acting solely on behalf of the Lenders and the Issuing Banks L/C Issuers (except to the limited extent provided in Section 10.04(b1.4(b) with respect to the Register and in Section 9.11 with respect to the other Secured Parties10.11), with duties that are entirely administrative in nature, notwithstanding the use of the defined terms term the Administrative Agent” and “Collateral Agent”, the terms “agent”, “administrative agent” and “collateral agent” and similar terms in any Loan Document to refer to the Administrative Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as the agent, fiduciary or trustee of or for any Lender, Issuing Bank L/C Issuer or any other Secured Party and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Lender and Issuing Bank L/C Issuer hereby waives and agrees not to assert any claim against the Administrative Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above.

Appears in 1 contract

Samples: Credit Agreement (Medquist Inc)

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