Common use of No Fiduciary or Agency Relationship Clause in Contracts

No Fiduciary or Agency Relationship. The Borrower acknowledges and agrees that neither the Administrative Agent, the Issuing Lender, any Lender nor any Affiliate thereof has assumed, and neither the Administrative Agent, the Issuing Lender, any Lender nor any Affiliate thereof will assume, an agency or fiduciary responsibility in the Borrower’s, its Subsidiaries’ or their respective Affiliates’ favor with respect to the Credit Documents or any of the transactions contemplated thereby (irrespective of whether the Administrative Agent, the Issuing Lender, any Lender or any Affiliate thereof has advised or is currently advising the Borrower, its Subsidiaries or their respective Affiliates on other matters).

No Fiduciary or Agency Relationship. The Borrower acknowledges and agrees that neither the Administrative Agent, the Issuing LenderArrangers, the Syndication Agent, any Lender nor any Affiliate thereof has assumed, and neither the Administrative Agent, the Issuing LenderArrangers, the Syndication Agent, any Lender nor any Affiliate thereof will assume, an agency or fiduciary responsibility in the Borrower’s, its Subsidiaries’ or their respective Affiliates’ favor with respect to the Credit Documents or any of the transactions contemplated thereby (irrespective of whether the Administrative Agent, the Issuing LenderArrangers, the Syndication Agent, any Lender or any Affiliate thereof has advised or is currently advising the Borrower, its Subsidiaries or their respective Affiliates on other matters).

No Fiduciary or Agency Relationship. The Borrower acknowledges and agrees that neither the Administrative Agent, the Issuing LenderArrangers, any Lender nor any Affiliate thereof has assumed, and neither the Administrative Agent, the Issuing LenderArrangers, any Lender nor any Affiliate thereof will assume, an agency or fiduciary responsibility in the Borrower’s, its Subsidiaries’ or their respective Affiliates’ favor with respect to the Credit Documents or any of the transactions contemplated thereby (irrespective of whether the Administrative Agent, the Issuing LenderArrangers, any Lender or any Affiliate thereof has advised or is currently advising the Borrower, its Subsidiaries or their respective Affiliates on other matters).