Nonliability of Lender. The relationship between Pledgor and Lender shall be solely that of pledgor and lender. Lender shall have no fiduciary responsibilities to Pledgor. Lender undertakes no responsibility to Pledgor to review or inform Pledgor of any matter in connection with any phase of Pledgor’s business or operations.
Appears in 4 contracts
Samples: Pledge Agreement (Lawson Products Inc/New/De/), Pledge Agreement (Lawson Products Inc/New/De/), Pledge Agreement (Lawson Products Inc/New/De/)