Common use of Nonliability of Lender Clause in Contracts

Nonliability of Lender. The relationship between Borrower and Lender shall be solely that of borrower and lender. Lender shall have no fiduciary responsibilities to Borrower. Lender 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 5 contracts

Samples: Pledge Agreement, Pledge Agreement (Lawson Products Inc/New/De/), Pledge Agreement (Lawson Products Inc/New/De/)

AutoNDA by SimpleDocs

Nonliability of Lender. The relationship between Borrower and Lender shall be solely that of borrower and lender. Lender shall not have no any fiduciary responsibilities responsibility to Borrower. Lender 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 Agreement (South Jersey Industries Inc), Loan Agreement (South Jersey Gas Co/New)

Nonliability of Lender. The relationship between Borrower the Borrower, on the one hand, and Lender the Lender, on the other, shall be solely that of borrower and lender. The Lender shall not have no any fiduciary responsibilities to the Borrower. The Lender undertakes no does not undertake 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 2 contracts

Samples: Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.)

Nonliability of Lender. The relationship between the Borrower and the Lender shall be solely that of borrower and lender. The Lender shall not have no any fiduciary responsibilities to the Borrower. The Lender 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 2 contracts

Samples: Letter of Credit and Loan Agreement (Ormat Technologies, Inc.), Loan Agreement (Shared Technologies Cellular Inc)

Nonliability of Lender. The relationship between among Borrower and Lender shall be solely that of borrower and lender. Lender shall have no fiduciary responsibilities to Borrower. Lender 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 Pledge Agreement (Energy Recovery, Inc.), Credit Agreement (Vizio, Inc.)

Nonliability of Lender. The relationship between Borrower on the one hand and Lender on the other hand shall be solely that of borrower and lender. Lender shall have has no fiduciary responsibilities to Borrower. Lender 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 (United Development Funding III, LP), Loan and Security Agreement (United Development Funding III, LP)

Nonliability of Lender. The relationship between the Borrower and each Lender shall be solely that of borrower and lender. No Lender shall have no fiduciary responsibilities to Borrower. the Borrower and no Lender undertakes no takes 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 2 contracts

Samples: Credit Agreement (Sonic Automotive Inc), Credit Agreement (Sonic Automotive Inc)

Nonliability of Lender. The relationship between the Borrower ---------------------- and the Lender shall be is solely that of borrower and lender. The Lender shall have has no fiduciary responsibilities to Borrower. the Borrower and the Lender undertakes no does not take 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 (Firstamerica Automotive Inc /De/)

Nonliability of Lender. The relationship between Borrower and Lender shall be solely that of borrower and lender. Lender shall not have no any fiduciary responsibilities responsibility to Borrower. Lender does not undertakes no any responsibility to Borrower to review or inform Borrower of any matter in connection with any phase of Borrower’s 's business or operations. Lender shall not have any liability with respect to, and Borrower hereby waives, releases and agrees not to xxx for, any special, indirect, punitive or consequential damages or liabilities.

Appears in 1 contract

Samples: Credit Agreement (Performant Financial Corp)

Nonliability of Lender. The relationship between Borrower the Borrowers and the Lender shall be solely that of borrower and lender. The Lender shall not have no any fiduciary responsibilities to Borrowerthe Borrowers. the Lender does not undertakes no any responsibility to Borrower the Borrowers to review or inform Borrower the Borrowers of any matter in connection with any phase of any Borrower’s business or operations.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Cincinnati Financial Corp)

AutoNDA by SimpleDocs

Nonliability of Lender. The relationship between Borrower Borrower, on the one hand, and the Lender on the other, shall be solely that of borrower and lender. Lender shall have no fiduciary responsibilities to Borrower. Lender 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 1 contract

Samples: Secured Revolving Credit Agreement (Independence Realty Trust, Inc)

Nonliability of Lender. The relationship between the Borrower and each Lender shall be solely that of borrower and lender. No Lender shall have no fiduciary responsibilities to Borrower. the Borrower and no Lender undertakes no takes 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 (Sonic Automotive Inc)

Nonliability of Lender. The relationship relationships between the Borrower and the Lender shall be solely that of borrower and lender. The Lender shall have no fiduciary responsibilities to the Borrower. The Lender undertakes undertake no responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business 's businesses or operations.

Appears in 1 contract

Samples: Credit Agreement (High Voltage Engineering Corp)

Nonliability of Lender. The relationship between the Borrower and the Lender shall be solely that of borrower and lender. The Lender shall not have no any fiduciary responsibilities to the Borrower. The Lender undertakes no does not undertake 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: Loan and Security Agreement (Gynecare Inc)

Nonliability of Lender. The relationship between the Borrower and the Lender shall be solely that of borrower and lender. Lender shall not have no any fiduciary responsibilities to the Borrower. Lender 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 1 contract

Samples: Loan Modification Agreement (Atrion Corp)

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