Common use of No Fiduciary Relationship or Partnership Clause in Contracts

No Fiduciary Relationship or Partnership. Each Loan Party acknowledges that neither the Administrative Agent nor any other Secured Party has any fiduciary relationship with, or fiduciary duty to, such Loan Party arising out of or in connection with this Agreement or any of the other Loan Documents, and the relationship between the Administrative Agent and the other Secured Parties, on the one hand, and any Loan Party, on the other, in connection herewith or therewith is solely that of debtor and creditor. Nothing contained in this Agreement or any other Loan Document shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by or between any Lender, on the one hand, and any other Lender, any Loan Party or any other Person, on the other hand. No Secured Party shall in any way be responsible or liable for the Debts, losses, obligations or duties of any Loan Party or any other Person other than itself.

No Fiduciary Relationship or Partnership. Each Loan Party acknowledges that neither the Administrative Agent nor any other Secured Party has any fiduciary relationship with, or fiduciary duty to, such Loan Party arising out of or in connection with this Agreement or any of the other Loan Documents, and the relationship between the Administrative Agent and the other Secured Parties, on the one hand, and any Loan Party, on the other, in connection herewith or therewith is solely that of debtor and creditor. Nothing contained in this Agreement or any other Loan Document shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by or between any Lender, on the one hand, and any other Lender, any Loan Party or any other Person, on the 135 other hand. No Secured Party shall in any way be responsible or liable for the Debts, losses, obligations or duties of any Loan Party or any other Person other than itself.

No Fiduciary Relationship or Partnership. Each Loan Party acknowledges that neither the Administrative Agent nor any other Secured Party has any fiduciary relationship with, or fiduciary duty to, such Loan Party arising out of or in connection with this Agreement or any of the other Loan Documents, and the relationship between the Administrative Agent and the other Secured Parties, on the one hand, and any Loan Party, on the other, in connection herewith or therewith is solely that of debtor and creditor. Nothing contained in this Agreement or any other Loan Document shall be deemed or construed to create a partnership, 134 tenancy-in-common, joint tenancy, joint venture or co-ownership by or between any Lender, on the one hand, and any other Lender, any Loan Party or any other Person, on the other hand. No Secured Party shall in any way be responsible or liable for the Debts, losses, obligations or duties of any Loan Party or any other Person other than itself.