Non-Liability of the Bank. The relationship between the Borrower on one hand and the Bank on the other hand shall be solely that of borrower and lender. The Bank shall have no fiduciary responsibilities to the Borrower. The Bank undertakes no responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business or operations.
Appears in 20 contracts
Samples: Credit Agreement (Bsquare Corp /Wa), Credit Agreement (U S Global Investors Inc), Credit Agreement (CSW Industrials, Inc.)
Non-Liability of the Bank. The relationship between the Borrower on one hand and the Bank on the other hand shall be solely that of borrower and lender. The Bank shall have no fiduciary responsibilities obligations to the Borrower. The Bank undertakes no responsibility is not to be deemed an Affiliate of the Borrower to review or inform the Borrower any of any matter in connection with any phase of the Borrower’s business or operationsits Subsidiaries.
Appears in 6 contracts
Samples: Credit Agreement (Northern Technologies International Corp), Credit Agreement (Tandy Leather Factory Inc), Credit Agreement (Satellogic Inc.)
Non-Liability of the Bank. The relationship between the Borrower on one hand and the Bank on the other hand shall be solely that of borrower and lender. The Bank shall have no fiduciary responsibilities to the Borrower. The Bank undertakes no responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations.
Appears in 6 contracts
Samples: Warrant Credit and Reimbursement Agreement, Credit Agreement (Sunworks, Inc.), Merger Agreement (Xhibit Corp.)
Non-Liability of the Bank. The relationship between the Borrower on one hand and the Bank on the other hand shall be solely that of borrower and lender. The Bank shall have no fiduciary responsibilities to the Borrower. The Bank undertakes no responsibility to the Borrower to review or inform the Borrower of any matter matter. in connection with any phase of the Borrower’s business or operations.
Appears in 1 contract
Samples: Note Modification Agreement (Flexsteel Industries Inc)
Non-Liability of the Bank. The relationship between the Borrower on one hand and the Bank on the other hand shall be solely that of borrower and lender. The Bank shall have no fiduciary responsibilities to the Borrower. The Bank undertakes no responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s Borrower s business or operations.
Appears in 1 contract
