Common use of Nonliability of Agent and Lenders Clause in Contracts

Nonliability of Agent and Lenders. The relationship between Borrower and Lenders and Administrative Agent shall be solely that of borrower and lender. Administrative Agent and Lenders shall have no fiduciary responsibilities to Borrower; and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by Administrative Agent or any Lender to any Lender, Borrower, or any Subsidiary. Neither Administrative Agent nor any Lender undertakes any responsibility to Borrower to review or inform Borrower of any matter in connection with any phase of Borrower’s business or operations.

Appears in 3 contracts

Samples: Credit Agreement (Allied Capital Corp), Credit Agreement (Allied Capital Corp), Credit Agreement (Allied Capital Corp)

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Nonliability of Agent and Lenders. The relationship between the Borrower and the Lenders and Administrative the Agent shall be solely that of borrower and lender. Administrative Neither the Agent and Lenders nor any Lender shall have no any fiduciary responsibilities to Borrower; the Borrower and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by Administrative the Agent or any Lender to any Lender, Borrower, Lender or any SubsidiaryLoan Party. Neither Administrative the Agent nor any Lender undertakes any 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 1 contract

Samples: Credit Agreement (Maguire Properties Inc)

Nonliability of Agent and Lenders. The relationship between the Borrower and the Lenders and Administrative the Agent shall be solely that of borrower and lender. Administrative Neither the Agent and Lenders nor any Lender shall have no any fiduciary responsibilities to Borrower; the Borrower and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by Administrative the Agent or any Lender to any Lender, Lender or the Borrower, or any Subsidiary. Neither Administrative the Agent nor any Lender undertakes any 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 1 contract

Samples: Credit Agreement (Technology Investment Capital Corp)

Nonliability of Agent and Lenders. The relationship between Borrower and the Lenders and Administrative Agent shall be solely that of borrower and lender. Administrative Agent and the Lenders shall have no fiduciary responsibilities to Borrower; and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by Administrative Agent or any Lender to any Lender, Borrower, or any Subsidiary. Neither Administrative Agent nor any Lender undertakes any responsibility to Borrower to review or inform Borrower of any matter in connection with any phase of Borrower’s business or operations.

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

Nonliability of Agent and Lenders. The relationship between Borrower the Borrowers and the Lenders and Administrative the Agent shall be solely that of borrower and lender. Administrative Neither the Agent and Lenders nor any Lender shall have no any fiduciary responsibilities to Borrower; the Borrowers and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by Administrative the Agent or any Lender to any Lender, Borrower, Lender or any SubsidiaryLoan Party. Neither Administrative the Agent nor any Lender undertakes any responsibility to Borrower the Borrowers to review or inform Borrower the Borrowers of any matter in connection with any phase of Borrowerthe Borrowers’s business or operations.

Appears in 1 contract

Samples: Credit Agreement (Maguire Properties Inc)

Nonliability of Agent and Lenders. The relationship between the Borrower and the Lenders and Administrative the Agent shall be solely that of borrower and lender. Administrative Neither the Agent and Lenders nor any Lender shall have no any fiduciary responsibilities to Borrower; the Borrower and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by Administrative the Agent or any Lender to any Lender, Lender or the Borrower, or any Subsidiary. Neither Administrative the Agent nor any Lender undertakes any 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 1 contract

Samples: Credit Agreement (Technology Investment Capital Corp)

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Nonliability of Agent and Lenders. The relationship between Borrower and the Lenders and Administrative Agent shall be solely that of borrower and lender. Neither Administrative Agent and Lenders nor any Lender shall have no any fiduciary responsibilities to Borrower; Borrower and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by Administrative Agent or any Lender to any Lender, Borrower, Borrower or any Subsidiary. Neither Administrative Agent nor any Lender undertakes any responsibility to Borrower to review or inform Borrower of any matter in connection with any phase of Borrower’s 's business or operations.

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

Nonliability of Agent and Lenders. The relationship between Borrower and the Lenders and Administrative Agent shall be solely that of borrower and lender. Administrative Agent and the Lenders shall have no fiduciary responsibilities to Borrower; and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by Administrative Agent or any Lender to any Lender, Borrower, or any Subsidiary. Neither Administrative Agent nor any Lender undertakes any responsibility to Borrower to review or inform Borrower of any matter in connection with any phase of Borrower’s 's business or operations.

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

Nonliability of Agent and Lenders. The relationship between Borrower and the Lenders and Administrative Agent shall be solely that of borrower and lender. Neither Administrative Agent and Lenders nor any Lender shall have no any fiduciary responsibilities to Borrower; and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by Administrative Agent or any Lender to any Lender, Borrower, or any Subsidiary. Neither Administrative Agent nor any Lender undertakes any responsibility to Borrower to review or inform Borrower of any matter in connection with any phase of Borrower’s 's business or operations.

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

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