Common use of No Duty Clause in Contracts

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party or any of any Loan Party's shareholders or any other Person.

Appears in 3 contracts

Samples: Loan and Security Agreement (BNS Holding, Inc.), Loan and Security Agreement (BNS Holding, Inc.), Loan and Security Agreement (Rocky Shoes & Boots Inc)

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No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party or any of Borrower, any Loan Party, any of Borrower's shareholders or any other Person.

Appears in 2 contracts

Samples: Credit Agreement (Lynch Corp), Credit Agreement (Spinnaker Industries Inc)

No Duty. All attorneys, accountants, appraisers, and other ------- professional Persons and consultants retained by Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party or any of any Loan Party's Parties' shareholders or any other Person.

Appears in 1 contract

Samples: Loan Agreement (Lund International Holdings Inc)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by any Agent or any Lender shall have the right to act exclusively in the interest of such Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party Party, or any of any the Loan Party's Parties' shareholders or any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Comforce Operating Co)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by the Agent or any Lender shall have the right to act exclusively in the interest of the Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party Borrower or any of any Loan Party's Borrower’s shareholders or any other Person.

Appears in 1 contract

Samples: Credit and Security Agreement (Tower Air Inc)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to Holdings, any Loan Party Borrower or any of any Loan Party's Holdings' shareholders or any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Uniforce Temporary Personnel Inc)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Lender shall will have the right to act exclusively in the interest of Agent or such Lender and shall will have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party Borrower or any of any Loan Party's Borrower’s shareholders or any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Arvinmeritor Inc)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by any Agent or any Lender shall have the right to act exclusively in the interest of such Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party Borrower or any of any Loan Party's Borrowers' shareholders or any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Sun Healthcare Group Inc)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party Borrower or any of any Loan Party's Borrower’s shareholders or any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Pizza Inn Holdings, Inc /Mo/)

No Duty. All attorneyslegal counsel, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party Borrower or any of any Loan PartyBorrower's shareholders or any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Beacon Roofing Supply Inc)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party or any of any Loan Party's ’s shareholders or any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Rocky Brands, Inc.)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party or any shareholders of any Loan Party's shareholders Party or any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Unitel Video Inc/De)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party Obligor or any of any Loan Party's such Obligor’s shareholders or any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Beacon Roofing Supply Inc)

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No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party Borrower or any of any Loan PartyBorrower's shareholders stockholders or any other Person.

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Shoppers Food Warehouse Corp)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by the Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender Person and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party the Borrower or any of any Loan Partythe Borrower's shareholders or any other Person.

Appears in 1 contract

Samples: Credit Agreement (Edutrek Int Inc)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any the Loan Party Parties or any of any the Loan Party's Parties’ shareholders or any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Green Plains Inc.)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Administrative Agent or any Lender shall have the right to act exclusively in the interest of Administrative Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party or any of any Loan Party's Grantor’s shareholders or any other Person.

Appears in 1 contract

Samples: Security Agreement (Princeton Review Inc)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent any of the Agents or any Lender shall have the right to act exclusively in the interest of Agent or such Lender the Agents and the Lenders and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party or Party, any shareholders of any Loan Party's shareholders , or any other Person.

Appears in 1 contract

Samples: Credit Agreement (Peregrine Systems Inc)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Holding Party, any Borrower, any of the other Loan Party Parties, or any of any the Loan Party's Parties' shareholders or any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Comforce Corp)

No Duty. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Lender shall have the right to act exclusively in the interest of Agent or such Lender and shall have no duty of disclosure, duty of loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Loan Party Obligor or any of any Loan Partysuch Obligor's shareholders or any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Beacon Roofing Supply Inc)

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