Common use of No Fiduciary Duties Clause in Contracts

No Fiduciary Duties. (a) Nothing in this Agreement constitutes the Facility Agent or any Ancillary Facility Lender or any L/C Bank as a trustee or fiduciary of any other person. (b) None of the Facility Agent, the Security Trustee or any L/C Bank shall be bound to account to any Lender for any sum or the profit element of any sum received by it for its own account.

Appears in 5 contracts

Samples: Senior Facilities Agreement (Liberty Global PLC), Super Senior Facilities Agreement (Liberty Global PLC), Senior Facilities Agreement (Liberty Global PLC)

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No Fiduciary Duties. (aA) Nothing Except as specifically provided in the Finance Documents, nothing in this Agreement constitutes the Facility Agent or any Ancillary Facility Lender or any L/C Bank as a trustee or fiduciary of any other person. (bB) None of the The Facility Agent, the Security Trustee or any L/C Bank Agent shall not be bound to account to any Lender for any sum or the profit element of any sum received by it for its own account.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Kosmos Energy Ltd.), Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.), Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.)

No Fiduciary Duties. (a) Nothing in this Agreement constitutes the Facility Agent or any Ancillary Facility Lender or any L/C Bank and/or the Mandated Lead Arrangers as a trustee or fiduciary of any other person. (b) None of the Facility Agent, the Borrower Security Trustee or any L/C Bank the Mandated Lead Arrangers shall be bound to account to any Lender for any sum or the profit element of any sum received by it for its own account.

Appears in 2 contracts

Samples: Permanent Facility Agreement (Groupe Eurotunnel SA), Permanent Facility Agreement (Groupe Eurotunnel SA)

No Fiduciary Duties. (a) Nothing in this Agreement constitutes the Facility Administrative Agent or any Ancillary Facility Lender or any L/C Bank Mandated Lead Arranger as a trustee or fiduciary of any other person. (b) None of the Facility Administrative Agent, the Security Trustee Agent or any L/C Bank Mandated Lead Arranger shall be bound to account to any Lender or any Swap Bank for any sum or the profit element of any sum received by it for its own accountaccount or have any obligations to the other Finance Parties beyond those expressly stated in the Finance Documents.

Appears in 2 contracts

Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)

No Fiduciary Duties. (a) Nothing in this Agreement constitutes the Facility Agent Agent, any Mandated Lead Arranger or any Ancillary Facility Lender or any L/C Bank Bookrunner as a trustee or fiduciary of any other person. (b) None of Neither the Facility Agent, the Security Trustee any Mandated Lead Arranger or any L/C Bank Bookrunner shall be bound to account to any Lender for any sum or the profit element of any sum received by it for its own account.

Appears in 2 contracts

Samples: Debt Bridge Facility Agreement (Xstrata PLC), Debt Bridge Facility Agreement (Xstrata PLC)

No Fiduciary Duties. (a) Nothing Except, and to the extent, expressly set forth herein or in any Security Agreement, nothing in this Agreement constitutes the Facility Agent or any Ancillary Facility Lender or any L/C Bank as a trustee or fiduciary of any other person. (b) None of the The Facility Agent, the Security Trustee or any L/C Bank Agent shall not be bound to account to any Lender for any sum or the profit element of any sum received by it for its own account.

Appears in 2 contracts

Samples: Loan Agreement (Bema Gold Corp /Can/), Loan Agreement (Bema Gold Corp /Can/)

No Fiduciary Duties. (a) Nothing in this Agreement constitutes the Facility Agent or any Ancillary Facility Lender or any L/C Bank and/or the Arranger as a trustee or fiduciary of any other person. (b) None of the Facility Agent, the Security Trustee Agent or any L/C Bank the Arranger shall be bound to account to any Lender for any sum or the profit element of any sum received by it for its own account.

Appears in 1 contract

Samples: Mezzanine Facility Agreement (NDS Group PLC)

No Fiduciary Duties. (a) Nothing in this Agreement constitutes the Facility Agent or any Ancillary Facility Lender or any Agent, the Issuing Bank and/or the Alternative L/C Fronting Bank as a trustee or fiduciary of any other person. (b) None of the Facility Agent, the Security Trustee Trustee, the Arranger, the Issuing Bank or any the Alternative L/C Fronting Bank or any Ancillary Lender shall be bound to account to any Lender for any sum or the profit element of any sum received by it for its own account.

Appears in 1 contract

Samples: Revolving Facilities Agreement (Manchester United Ltd.)

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No Fiduciary Duties. (a) 31.5.1 Nothing in this Agreement constitutes the Facility Agent or any Ancillary Facility Lender or any L/C Agent, the Arranger and/or the Issuing Bank as a trustee or fiduciary of any other person. (b) 31.5.2 None of the Facility Agent, the Security Trustee Trustee, the Arranger, the Issuing Bank or any L/C Bank Ancillary Lender shall be bound to account to any Lender for any sum or the profit element of any sum received by it for its own account.

Appears in 1 contract

Samples: Facility Agreement (Edgen Murray PLC)

No Fiduciary Duties. (a) Nothing in this Agreement constitutes the Facility Agent Agent, the Mandated Lead Arrangers or any Ancillary Facility Lender or any L/C Bank as a trustee or fiduciary of any other person. (b) None of the Facility Agent, the Security Trustee or the Mandated Lead Arrangers or any L/C Bank shall be bound to account to any Lender for any sum or the profit element of any sum received by it for its own account.

Appears in 1 contract

Samples: Additional Facility Accession Agreement (Liberty Global PLC)

No Fiduciary Duties. (a) Nothing in this Agreement constitutes the Facility Agent or any Ancillary Facility Lender or any L/C Bank Agent, the Arrangers and/or the Issuing Banks as a trustee or fiduciary of any other person. (b) None of Neither the Facility Agent, the Security Trustee any Arrangers or any L/C Issuing Bank shall be bound to account to any Lender for any sum or the profit element of any sum received by it for its own account.

Appears in 1 contract

Samples: Senior Facilities Agreement (Toys R Us Inc)

No Fiduciary Duties. (a) Nothing in this Agreement constitutes the Facility Agent or any Ancillary Facility Lender or any L/C Structuring Bank as a trustee or fiduciary of any other person. (b) None of the Facility Agent, Agent or the Security Trustee Agent or any L/C Structuring Bank shall be bound to account to any Lender Creditor for any sum or the profit element of any sum received by it for its own account.

Appears in 1 contract

Samples: Facilities Agreement (Cemex Sab De Cv)

No Fiduciary Duties. (a) Nothing in this Agreement constitutes the Facility Agent or Agent, any Ancillary Facility Lender or any L/C Mandated Lead Arranger and/or the Issuing Bank as a trustee or fiduciary of any other person. (b) None of the Facility Agent, the Security Trustee Agent, the Mandated Lead Arrangers, the Issuing Bank or any L/C Bank Ancillary Lender shall be bound to account to any Lender for any sum or the profit element of any sum received by it for its own account.

Appears in 1 contract

Samples: Senior Facilities Agreement (Central European Distribution Corp)

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