Common use of No Fiduciary Relationship Clause in Contracts

No Fiduciary Relationship. Borrower acknowledges that the Lenders have no fiduciary relationship with, or fiduciary duty to, Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders and Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do not create a joint venture among the parties.

Appears in 27 contracts

Samples: Term Loan Agreement (Decipher Biosciences, Inc.), Term Loan Agreement, Term Loan Agreement (Decipher Biosciences, Inc.)

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No Fiduciary Relationship. Borrower acknowledges that the Lenders have no fiduciary relationship with, or fiduciary duty to, Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders and the Borrower is are solely that of creditor and debtor. This Agreement and the other Loan Documents do not create a joint venture among the parties.

Appears in 14 contracts

Samples: Term Loan Agreement (Valeritas Holdings Inc.), Term Loan Agreement (Valeritas Holdings Inc.), Term Loan Agreement (Valeritas Holdings Inc.)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have Lender has no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders and Borrower is solely that of creditor and debtorAgreement. This Agreement and the other Loan Documents do does not create a joint venture among the parties.

Appears in 8 contracts

Samples: Revolving Credit Agreement (SecureWorks Corp), Revolving Credit Agreement (SecureWorks Corp), Revolving Credit Agreement (SecureWorks Corp)

No Fiduciary Relationship. The Borrower acknowledges that the Agent and the Lenders have no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders and the Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do not create a joint venture among the parties.

Appears in 8 contracts

Samples: Credit Agreement (NanoString Technologies Inc), Credit Agreement (Nevro Corp), Credit Agreement (Allurion Technologies, Inc.)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have Lender has no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan DocumentsNote, and the relationship between the Lenders Lender and the Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do does not create a joint venture among the parties.

Appears in 6 contracts

Samples: Credit Agreement (Firstmerit Corp /Oh/), Credit Agreement (Firstmerit Corp /Oh/), Loan Agreement (DST Systems Inc)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between each Lender and the Lenders and Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do not create a joint venture among the partiesparties hereto. The Borrower acknowledges that the Arrangers and each Lender may have economic interests that conflict with those of the Borrower, its stockholders and/or its Affiliates.

Appears in 5 contracts

Samples: Term Loan Agreement (Royal Caribbean Cruises LTD), Term Loan Agreement (Royal Caribbean Cruises LTD), Term Loan Agreement (Royal Caribbean Cruises LTD)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have Lender has no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders Lender and the Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do not create a joint venture among the parties.

Appears in 4 contracts

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

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders and the Borrower is are solely that of creditor creditors and debtor. This Agreement and the other Loan Documents do not create a joint venture among the parties.

Appears in 4 contracts

Samples: Credit Agreement (C4 Therapeutics, Inc.), Credit Agreement (C4 Therapeutics, Inc.), Credit Agreement (Chembio Diagnostics, Inc.)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders Banks have no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between each Bank and the Lenders and Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do not create a joint venture among the partiesparties hereto.

Appears in 4 contracts

Samples: Five Year Credit Agreement (3m Co), Five Year Credit Agreement (3m Co), Five Year Credit Agreement (3m Co)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders and the Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do not create a joint venture among the parties.

Appears in 3 contracts

Samples: Term Loan Agreement (Corium International, Inc.), Term Loan Agreement (Corium International, Inc.), Term Loan Agreement (Corium International, Inc.)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have Bank has no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders Bank and the Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do not create a joint venture among the partiesparties hereto.

Appears in 3 contracts

Samples: Letter of Credit Agreement (3m Co), Letter of Credit Agreement (3m Co), Letter of Credit Agreement (3m Co)

No Fiduciary Relationship. Each Borrower acknowledges that the Lenders have no fiduciary relationship with, or fiduciary duty to, any Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders and Borrower is the Borrowers are solely that of creditor and debtor. This Agreement and the other Loan Documents do not create a joint venture among the parties.

Appears in 3 contracts

Samples: Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, Inc.)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between each Lender and the Lenders and Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do not create a joint venture among the parties.

Appears in 2 contracts

Samples: Term Loan Agreement (Cosan Ltd.), Term Loan and Revolving Loan Credit Facility Agreement (Noble Corp / Switzerland)

No Fiduciary Relationship. Borrower acknowledges that the Lenders Lender does not have no a fiduciary relationship with, or fiduciary duty to, Borrower arising out of or in connection with this Agreement or the other Loan DocumentsNote, and the relationship between the Lenders Lender and Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do does not create a joint venture among the parties.

Appears in 2 contracts

Samples: Credit Agreement (Persimmon Growth Partners Fund Lp), Credit Agreement (MBI Financial, Inc.)

No Fiduciary Relationship. Borrower acknowledges The Obligors acknowledge that the Lenders have no fiduciary relationship with, or fiduciary duty to, Borrower any Obligor or any Affiliate or Subsidiary thereof arising out of or in connection with this Agreement or the Notes or the other Loan Documents, and the relationship between each Lender and the Lenders and Borrower Obligors is solely that of creditor and debtor. This Agreement and the other Loan Documents do does not create a joint venture among the parties.

Appears in 2 contracts

Samples: Loan Agreement (Vitro Sa De Cv), Loan Agreement (Vitro Sa De Cv)

No Fiduciary Relationship. Borrower acknowledges that the Lenders have no fiduciary relationship with, or fiduciary duty to, Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders and Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do not create a joint venture among the parties.

Appears in 2 contracts

Samples: Credit Agreement (Kadmon Holdings, LLC), Credit Agreement (Kadmon Holdings, LLC)

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No Fiduciary Relationship. The Borrower acknowledges that the Lenders have no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan DocumentsNotes, and the relationship between each Lender and the Lenders and Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do does not create a joint venture among the parties.

Appears in 2 contracts

Samples: Senior Bridge Loan Agreement, Senior Bridge Loan Agreement (Grupo Aval Acciones Y Valores S.A.)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have Lender has no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Loan Agreement or the other Loan DocumentsNote, and the relationship between the Lenders Lender and the Borrower is solely that of creditor and debtor. This Loan Agreement and the other Loan Documents do does not create a joint venture among the parties.

Appears in 1 contract

Samples: Loan Agreement (Partnerre LTD)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have Lender has no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan DocumentsAgreement, and the relationship between the Lenders Lender and the Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do does not create a joint venture among the parties.

Appears in 1 contract

Samples: Credit Agreement (Resource America Inc)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have Lender has no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other any Loan DocumentsDocument, and the relationship between the Lenders Lender and the Borrower in connection herewith or therewith is solely that of creditor debtor and debtorcreditor. This Agreement and the other Loan Documents do does not create a joint venture among the parties.

Appears in 1 contract

Samples: Revolving Credit Agreement (Legg Mason Inc)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have Lender has no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan Documents, and that the relationship between the Lenders Lender and the Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do does not create a joint venture among between the partiesparties hereto.

Appears in 1 contract

Samples: Loan Agreement (Aar Corp)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have Lender has no fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or the other Loan Finance Documents, and the relationship between the Lenders Lender and the Borrower is solely that of creditor and debtor. This Agreement and the other Loan Finance Documents do not create a joint venture among the parties.

Appears in 1 contract

Samples: Term Facility Agreement (Nii Holdings Inc)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have Lender has no fiduciary relationship with, or fiduciary duty to, the Parent or the Borrower arising out of or in connection with this Agreement or the other Loan DocumentsNote, and the relationship between the Lenders Lender and the Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do does not create a joint venture among the parties.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Harrahs Entertainment Inc)

No Fiduciary Relationship. The Borrower acknowledges that the Lenders have no fiduciary relationship with, or fiduciary duty to, the Borrower or any Guarantor or any Affiliate or Subsidiary thereof arising out of or in connection with this Agreement or the other Loan DocumentsNotes, and the relationship between each Lender and the Lenders Borrower and Borrower the Guarantors is solely that of creditor and debtor. This Agreement and the other Loan Documents do does not create a joint venture among the parties.

Appears in 1 contract

Samples: Loan Agreement (Vitro Sa De Cv)

No Fiduciary Relationship. Each Borrower acknowledges that the Lenders have Lender has no fiduciary relationship with, or fiduciary duty to, any Borrower arising out of or in connection with this Agreement or the any other Loan DocumentsFacility Document, and the relationship between the Lenders Lender and each Borrower is solely that of creditor and debtor. This Agreement and the other Loan Documents do does not create a joint venture among the parties.

Appears in 1 contract

Samples: Term Loan Agreement (Everlast Worldwide Inc)

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