Common use of No Fiduciary Relationship Clause in Contracts

No Fiduciary Relationship. The Borrower acknowledges that the Administrative 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 39 contracts

Samples: Credit Agreement (scPharmaceuticals Inc.), Credit Agreement (Neuronetics, Inc.), Credit Agreement (BioXcel Therapeutics, Inc.)

AutoNDA by SimpleDocs

No Fiduciary Relationship. The Borrower Each Obligor acknowledges that the Administrative 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 14 contracts

Samples: Term Loan Agreement (NeuroPace Inc), Term Loan Agreement (NeuroPace Inc), Term Loan Agreement (Alignment Healthcare, Inc.)

No Fiduciary Relationship. The Borrower hereby acknowledges that none of the Administrative Agent and Agent, the Lenders have no Banks or their Affiliates has any fiduciary relationship with, with or fiduciary duty to, to the Borrower or any of its Affiliates arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders Administrative Agent, the Banks or any of their Affiliates, on the one hand, and the Borrower or its Affiliates, on the other hand, in connection with the Loan Documents is solely that of creditor debtor and debtor. This Agreement and the other Loan Documents do not create a joint venture among the partiescreditor.

Appears in 7 contracts

Samples: Term Loan Agreement (Kb Home), Revolving Loan Agreement (Kb Home), Revolving Loan Agreement (Kb Home)

No Fiduciary Relationship. The Each Borrower acknowledges that neither any Lender nor the Administrative Agent and the Lenders have no has any 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 Administrative Agent and the Borrower Lenders, on the one hand, and the Borrower, on the other, 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 6 contracts

Samples: Credit Agreement (Legg Mason, Inc.), Credit Agreement (Legg Mason, Inc.), Revolving Credit Agreement (Legg Mason Inc)

No Fiduciary Relationship. The Borrower acknowledges that neither the Administrative Agent and the Lenders have no nor any Lender (in their respective capacities as such) has any fiduciary relationship with, or fiduciary duty to, the Borrower arising out of or in connection with this Agreement or any of the other Loan DocumentsNotes, and the relationship between the Lenders Administrative Agent and the Borrower Lenders (in such capacities), on the one hand, and the Borrower, on the other, in connection herewith or therewith 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 5 contracts

Samples: Credit Agreement (Becton Dickinson & Co), Credit Agreement (Becton Dickinson & Co), Five Year Credit Agreement (Becton Dickinson & Co)

No Fiduciary Relationship. The Borrower acknowledges that the Administrative 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 4 contracts

Samples: Term Loan Agreement (Correvio Pharma Corp.), Credit Agreement (Aquestive Therapeutics, Inc.), Term Loan Agreement (Cardiome Pharma Corp)

No Fiduciary Relationship. The Borrower acknowledges that neither any Lender nor the Administrative Agent and the Lenders have no has any 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 Administrative Agent and the Borrower Lenders, on the one hand, and the Borrower, on the other, 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 3 contracts

Samples: Revolving Credit Agreement (KKR & Co. L.P.), Revolving Credit Agreement (KKR & Co. L.P.), Revolving Credit Agreement (KKR & Co. L.P.)

No Fiduciary Relationship. The Borrower Each Obligor acknowledges that the Administrative Agent and the Lenders have no fiduciary relationship with, or fiduciary duty to, the any Borrower arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders and the Borrower Borrowers 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 (Strongbridge Biopharma PLC), Term Loan Agreement (Strongbridge Biopharma PLC)

No Fiduciary Relationship. The Holdings and the Borrower acknowledges acknowledge that the Administrative Agent and the Lenders have no fiduciary relationship with, or fiduciary duty to, Holdings and 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 2 contracts

Samples: Credit Agreement and Guaranty (Pear Therapeutics, Inc.), Credit Agreement and Guaranty (Pear Therapeutics, Inc.)

No Fiduciary Relationship. The Borrower Each Obligor acknowledges that the Administrative Agent and the Lenders have no fiduciary relationship with, or fiduciary duty to, the Borrower or any other Obligor arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders and the Borrower Obligor 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 (P3 Health Partners Inc.), Term Loan Agreement (Treace Medical Concepts, Inc.)

No Fiduciary Relationship. The Borrower acknowledges that neither the Administrative Agent and the Lenders have no nor any Lender has any 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 Administrative Agent and the Borrower Lenders (in such capacities), on the one hand, and the Borrower, on the other, in connection herewith or therewith is solely that of creditor and debtor. This Agreement and the other Loan Documents do does not create a joint venture among the parties.. Credit Agreement

Appears in 2 contracts

Samples: Credit Agreement (Sci Systems Inc), 364 Day Credit Agreement (Sci Systems Inc)

No Fiduciary Relationship. The Borrower Xxxxxxxx acknowledges that the Administrative 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 Xxxxxxxx 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 1 contract

Samples: Term Loan Agreement (Axogen, Inc.)

No Fiduciary Relationship. The Each Borrower acknowledges that neither any Lender nor the Administrative Agent and the Lenders have no has any 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 Administrative Agent and the Borrower Lenders, on the one hand, and the Borrower, on the other, 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.. 5-YEAR REVOLVING CREDIT AGREEMENT

Appears in 1 contract

Samples: Revolving Credit Agreement (Legg Mason Inc)

AutoNDA by SimpleDocs

No Fiduciary Relationship. The Borrower hereby acknowledges that none of the Administrative Agent and Agent, the Lenders have no Banks or their Affiliates has any fiduciary relationship with, with or fiduciary duty to, to the Borrower or any of its Affiliates arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders Administrative Agent, the Banks or any of their Affiliates, on the one hand, and the Borrower or 111 its Affiliates, on the other hand, in connection with the Loan Documents is solely that of creditor debtor and debtor. This Agreement and the other Loan Documents do not create a joint venture among the partiescreditor.

Appears in 1 contract

Samples: Revolving Loan Agreement (Kb Home)

No Fiduciary Relationship. The Borrower acknowledges that neither any Lender nor the Administrative Agent and the Lenders have no has any 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 Administrative Agent and the Borrower Lenders, on the one hand, and the Borrower, on the other, 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.. NY3:#7412630v16

Appears in 1 contract

Samples: Credit Agreement (Hanover Insurance Group, Inc.)

No Fiduciary Relationship. The Borrower Each Obligor acknowledges that the Administrative Agent and the Lenders have no fiduciary relationship with, or fiduciary duty to, the Borrower any Obligor 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 1 contract

Samples: Term Loan Agreement

No Fiduciary Relationship. The Each Borrower acknowledges that neither any Lender nor the Administrative Agent and the Lenders have no has any 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 Administrative Agent and the Borrower Lenders, on the one hand, and the Borrower, on the other, 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.. TERM LOAN AGREEMENT

Appears in 1 contract

Samples: Term Loan Agreement (Legg Mason Inc)

No Fiduciary Relationship. The Borrower acknowledges Borrowers acknowledge that neither any Bank nor the Administrative Agent and the Lenders have no has any fiduciary relationship with, or fiduciary duty to, the Borrower Borrowers arising out of or in connection with this Agreement or the other Loan DocumentsNotes, and the relationship between the Lenders Administrative Agent and the Borrower Banks, on the one hand, and the Borrowers, on the other, 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 (Eaton Corp)

No Fiduciary Relationship. The Borrower Each Obligor acknowledges that the Administrative Agent and the Lenders have no fiduciary relationship with, or fiduciary duty to, the Borrower or any other Obligor arising out of or in connection with this Agreement or the other Loan Documents, and the relationship between the Lenders and the Borrower Obligors 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 1 contract

Samples: Term Loan Agreement (Sanara MedTech Inc.)

No Fiduciary Relationship. The Borrower Each Obligor acknowledges that the Administrative 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 Xxxxxxxx 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 1 contract

Samples: Term Loan Agreement (Alignment Healthcare, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!