Nonliability of Bank. The relationship between Borrower and Bank shall be solely that of borrower and lender. Bank shall not have any fiduciary responsibilities to Borrower. Bank undertakes no responsibility to Borrower to review or inform Borrower of any matter in connection with any phase of Borrower's business or operations.
Appears in 2 contracts
Samples: Loan and Security Agreement (Take Two Interactive Software Inc), Loan and Security Agreement (Littlefield Adams & Co)
Nonliability of Bank. The relationship between Borrower the Borrower, on the -------------------- one hand, and Bank the Bank, on the other, shall be solely that of borrower and lender. The Bank shall not have any no fiduciary responsibilities to the Borrower. The Bank undertakes no does not undertake 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 2 contracts
Samples: Credit Agreement (Windsor Park Properties 7), Credit Agreement (Windsor Park Properties 5)
Nonliability of Bank. The relationship between the Borrower and the Bank shall be solely that of borrower and lender. The Bank shall not have any fiduciary responsibilities to Borrowerthe Borrowers. The Bank undertakes no responsibility to Borrower the Borrowers to review or inform Borrower the Borrowers of any matter in connection with any phase of Borrower's the Borrowers' business or operations.
Appears in 1 contract
Nonliability of Bank. The relationship between the Borrower and the Bank shall be solely that of borrower and lender. The Bank shall not have any 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.. 110 22
Appears in 1 contract
Nonliability of Bank. The relationship between the Borrower and -------------------- the Bank shall be solely that of borrower and lender. The Bank shall not have any 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 1 contract
Samples: Asset Based Loan and Security Agreement (Techdyne Inc)
