Common use of Nonliability of Lenders Clause in Contracts

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither 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 50 contracts

Samples: Credit Agreement (Ipalco Enterprises Inc), Credit Agreement (Ipalco Enterprises Inc), Credit Agreement (Ipalco Enterprises, Inc.)

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Nonliability of Lenders. The relationship between the Borrower Borrower, on the one hand, and the Lenders and the Agent Administrative Agent, on the other, shall be solely that of borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative 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 24 contracts

Samples: Term Loan Agreement (Associated Estates Realty Corp), Credit Agreement (Inland Real Estate Corp), Term Loan Agreement (Inland Real Estate Corp)

Nonliability of Lenders. The relationship between the Borrower on the one hand and the Lenders and the Agent Agents on the other hand shall be solely that of borrower and lender. Neither None of the Agent nor Agents, the Arrangers or any Lender shall have any fiduciary responsibilities to the Borrower. Neither None of the Agent nor Agents, the Arrangers or 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 20 contracts

Samples: Credit Agreement (GXO Logistics, Inc.), Term Loan Credit Agreement (GXO Logistics, Inc.), Credit Agreement (Salesforce, Inc.)

Nonliability of Lenders. The relationship between the Borrower Borrower, on the one hand, and the Lenders and the Agent Administrative Agent, on the other, shall be solely that of borrower borrowers and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative 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 18 contracts

Samples: Credit Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Kite Realty Group, L.P.)

Nonliability of Lenders. The relationship between the Borrower on the one hand and the Lenders and the Agent Agents on the other hand shall be solely that of borrower and lender. Neither None of the Agent nor Agents, the Arranger or any Lender shall have any fiduciary responsibilities to the Borrower. Neither None of the Agent nor Agents, the Arranger or 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 7 contracts

Samples: Bridge Term Loan Credit Agreement (GXO Logistics, Inc.), Credit Agreement (Salesforce Com Inc), Term Loan Credit Agreement (Walgreens Boots Alliance, Inc.)

Nonliability of Lenders. The relationship between the Borrower Borrowers and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the Borrower's Borrowers' business or operations.

Appears in 6 contracts

Samples: Credit Agreement (Illinois Tool Works Inc), Credit Agreement (Pacific Scientific Co), Credit Agreement (Marsh Supermarkets Inc)

Nonliability of Lenders. The relationship between Borrower on the Borrower one hand and the Lenders and Agents on the Agent other hand shall be solely that of borrower and lender. Neither None of the Agent Agents nor any Lender shall have any fiduciary responsibilities to Borrower or any of its respective Subsidiaries. None of the Borrower. Neither the Agent Agents nor any Lender undertakes any responsibility to the Borrower or any of their respective Subsidiaries to review or inform the Borrower of any matter in connection with any phase of the Borrower's or such Subsidiary's business or operations.

Appears in 4 contracts

Samples: Credit Agreement (Pioneer Natural Resources Co), Pledge Agreement (Pioneer Natural Resources Co), Pledge Agreement (Pioneer Natural Resources Co)

Nonliability of Lenders. The relationship between the Borrower Obligors and the Lenders and the Agent Agents shall be solely that of borrower debtor and lendercreditor. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrowerany Obligor. Neither the Agent nor any Lender undertakes any responsibility to the Borrower any Obligor to review or inform the Borrower any Obligor of any matter in connection with any phase of the Borrower's its business or operations.

Appears in 4 contracts

Samples: Assignment Agreement (Servicemaster Co), Assignment Agreement (Servicemaster Co), Credit Agreement (Servicemaster LTD Partnership)

Nonliability of Lenders. The relationship between each Borrower on the Borrower one hand and the Lenders Lenders, the Arrangers and the Agent Agents on the other hand shall be solely that of borrower and lender. Neither None of the Agent nor Agents, the Arrangers or any Lender shall have any fiduciary responsibilities to the any Borrower. Neither None of the Agent nor Agents, the Arrangers or any Lender undertakes any responsibility to the any Borrower to review or inform the any Borrower of any matter in connection with any phase of the such Borrower's ’s business or operations.

Appears in 3 contracts

Samples: Assignment and Assumption (Walgreens Boots Alliance, Inc.), Assignment and Assumption (Walgreens Boots Alliance, Inc.), Revolving Credit Agreement (Walgreens Boots Alliance, Inc.)

Nonliability of Lenders. The relationship between the Borrower Borrower, on the one hand, and the Lenders and the Agent Agent, on the other, shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither 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 2 contracts

Samples: Credit Agreement (Washington Real Estate Investment Trust), Credit Agreement (Washington Real Estate Investment Trust)

Nonliability of Lenders. The relationship between Borrower, on the Borrower one hand, and the Lenders and Agent, on the Agent other, shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither 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 any Borrower's business or operations.

Appears in 2 contracts

Samples: Assignment Agreement (Duriron Co Inc), Credit Agreement (Pioneer Standard Electronics Inc)

Nonliability of Lenders. The relationship between the Borrower on the one hand and the Lenders Lenders, the Issuer and the Agent Agent, on the other hand, shall be solely that of borrower and lender. Neither the Agent Agent, the Issuer nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Agent Agent, the Issuer 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 2 contracts

Samples: Assignment Agreement (Yellow Corp), Revolving Credit Agreement (JPF Acquisition Corp)

Nonliability of Lenders. The relationship between the Borrower on the one hand and the Lenders and the Agent Agents on the other hand shall be solely that of borrower and lender. Neither None of the Agent nor Agents, the Arranger, or any Lender shall have any fiduciary responsibilities to the Borrower. Neither None of the Agent nor Agents, the Arranger, or 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 2 contracts

Samples: Backstop Bridge Term Loan Credit Agreement (Walgreens Boots Alliance, Inc.), Bridge Term Loan Credit Agreement (Walgreens Boots Alliance, Inc.)

Nonliability of Lenders. The relationship between the Borrower Borrowers and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower of any matter in connection with any phase of the Borrower's Borrowers’ business or operations.

Appears in 2 contracts

Samples: Credit Agreement (Schawk Inc), Credit Agreement (Schawk Inc)

Nonliability of Lenders. The relationship between the Borrower on the one hand and the Lenders and the Agent Agents on the other hand shall be solely that of borrower and lender. Neither None of the Agent nor Agents or any Lender shall have any fiduciary responsibilities to the Borrower. Neither None of the Agent nor Agents or 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: Walgreens Boots Alliance, Inc.

Nonliability of Lenders. The relationship between the Borrower on the one hand and the Lenders and the Agent Agents on the other hand shall be solely that of borrower and lender. Neither None of the Agent nor Agents, the Arranger or any Lender shall have any fiduciary responsibilities to the Borrower. Neither None of the Agent nor Agents, the Arranger or 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.. Section 9.10

Appears in 1 contract

Samples: Confidential Execution (GXO Logistics, Inc.)

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither 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.Agent

Appears in 1 contract

Samples: Credit Agreement (Alleghany Corp /De)

Nonliability of Lenders. The relationship between the Borrower Borrower, on the one hand, and the Lenders and the Agent Agent, on the other, shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither 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 (Washington Real Estate Investment Trust)

Nonliability of Lenders. The relationship between the Borrower ----------------------- on the one hand and the Lenders and the Agent on the other hand shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrower or vice versa. Neither 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: Assignment Agreement (Gardner Denver Inc)

Nonliability of Lenders. The relationship between the Borrower on the one hand and the Lenders and the Agent Agents on the other hand shall be solely that of borrower and lender. Neither None of the Agent nor Agents, the Arrangers or any Lender shall have any fiduciary responsibilities to the Borrower. Neither None of the Agent nor Agents, the Arrangers or 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.. Section 9.10

Appears in 1 contract

Samples: Credit Agreement (RXO, Inc.)

Nonliability of Lenders. The relationship between Borrowers, on the Borrower one hand, and the Lenders and Agent, on the Agent other, shall be solely that of borrower borrowers and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the any Borrower's business or operations.

Appears in 1 contract

Samples: Credit Agreement (Pioneer Standard Electronics Inc)

Nonliability of Lenders. The relationship between the Borrower and the Lenders Lenders, the Documentation Agent and the Agent shall be solely that of borrower and lender. Neither the Agent, the Documentation Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Agent, the Documentation 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: Assignment Agreement (LTC Properties Inc)

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent Agent, the Arranger, nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither 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 (Northland Cable Television Inc)

Nonliability of Lenders. The relationship between the Borrower and ----------------------- the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither 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 (Petco Animal Supplies Inc)

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Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither 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.. 9.11

Appears in 1 contract

Samples: Credit Agreement (Petco Animal Supplies Inc)

Nonliability of Lenders. The relationship between the Borrower and ----------------------- the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrower under the Loan Documents. Neither 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 (Jostens Inc)

Nonliability of Lenders. The relationship between the Borrower ----------------------- and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither 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: Revolving Credit Agreement (BDM International Inc /De)

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent Agent, the Lead Arranger nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Agent Agent, the Lead Arranger 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 (Printpack Inc)

Nonliability of Lenders. The relationship between the Borrower on the one hand and the Lenders and the Agent Agents on the other hand shall be solely that of borrower and lender. Neither None of the Agent nor Agents or any Lender shall have any fiduciary responsibilities to the Borrower. Neither None of the Agent nor Agents or 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: Revolving Credit Agreement (Walgreens Boots Alliance, Inc.)

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent Agent, any Issuer nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Agent Agent, any Issuer 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 (NGC Corp)

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither 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.responsibility

Appears in 1 contract

Samples: Assignment Agreement (Administaff Inc \De\)

Nonliability of Lenders. The relationship between Borrower on the Borrower one hand and the Lenders and Agents on the Agent other hand shall be solely that of borrower and lender. Neither None of the Agent Agents nor any Lender shall have any fiduciary responsibilities to Borrower or any of its respective Subsidiaries. None of the Borrower. Neither the Agent Agents 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.undertakes

Appears in 1 contract

Samples: Pledge Agreement (Pioneer Natural Resources Co)

Nonliability of Lenders. The relationship between the Borrower ----------------------- Company and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerCompany. Neither the Agent nor any Lender undertakes any responsibility to the Borrower Company to review or inform the Borrower Company of any matter in connection with any phase of the BorrowerCompany's business or operations.

Appears in 1 contract

Samples: Project Credit Agreement (Deltic Timber Corp)

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent Agent, nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Agent 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: Guaranty Agreement (NGC Corp)

Nonliability of Lenders. The relationship between the Borrower Borrowers ----------------------- and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the Borrower's Borrowers' business or operations.

Appears in 1 contract

Samples: Credit Agreement (Pacer International Inc)

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither 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. 9.12.

Appears in 1 contract

Samples: Term Loan Agreement (Banknorth Group Inc /New/ /De/)

Nonliability of Lenders. The relationship between the Borrower Borrower, on ----------------------- the one hand, and the Lenders and the Agent Agent, on the other, shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither 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: Assignment Agreement (Washington Real Estate Investment Trust)

Nonliability of Lenders. The relationship between the Borrower Company and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent Agent, the Arranger nor any Lender shall have any fiduciary responsibilities to the BorrowerCompany. Neither the Agent Agent, the Arranger nor any Lender undertakes any responsibility to the Borrower Company to review or inform the Borrower Company of any matter in connection with any phase of the BorrowerCompany's business or operations.

Appears in 1 contract

Samples: Credit Agreement (Lafarge Corp)

Nonliability of Lenders. The relationship between the Borrower Borrowers and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers, any Borrower or the Borrower Representative. Neither the Agent nor any Lender undertakes any responsibility to any Borrower or the Borrower Representative to review or inform any Borrower or the Borrower Representative of any matter in connection with any phase of the Borrower's Borrowers’ business or operations.

Appears in 1 contract

Samples: Credit Agreement (Finish Line Inc /In/)

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