Nonliability of Lender. The relationship between the Borrower and the Lender shall be solely that of borrower and lender. The Lender shall have no fiduciary responsibilities to the Borrower and the Lender 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 business or operations.
Appears in 4 contracts
Samples: Credit Agreement (Sonic Automotive Inc), Credit Agreement (Lithia Motors Inc), Credit Agreement (Lithia Motors Inc)
Nonliability of Lender. The relationship between the Borrower and the Lender shall be solely that of borrower and lender. The Lender shall have no fiduciary responsibilities to the Borrower and the Borrower. The Lender does not take any 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 2 contracts
Samples: Loan and Security Agreement (Unisphere Networks Inc), Loan and Security Agreement (Unisphere Networks 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 and the Borrower. Lender does not take 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.
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Nonliability of Lender. The relationship between Borrower, on the Borrower one hand, and Lender, on the Lender other, shall be solely that of borrower and lender. The Lender shall not have no any fiduciary responsibilities to the Borrower and the Borrower. Lender does not take 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 1 contract
Samples: Term Loan Agreement (Developers Diversified Realty Corp)
Nonliability of Lender. The relationship between among each of the Borrower Borrower, and the Lender shall be solely that of borrower Borrower and lenderLender. The Lender shall not have no any fiduciary responsibilities to the Borrower and the Borrower. The Lender does not take 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.
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