Common use of Nonliability of Lenders Clause in Contracts

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Administrative Agent 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 business or operations.

Appears in 18 contracts

Samples: Refinancing Amendment (Inovalon Holdings, Inc.), Credit Agreement (Inovalon Holdings, Inc.), Credit Agreement (Energizer Holdings Inc)

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Nonliability of Lenders. The relationship between the Borrower Borrower, on the one hand, and the Lenders and the Administrative Agent 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 15 contracts

Samples: Term Loan Agreement (Glimcher Realty Trust), Credit Agreement (Associated Estates Realty Corp), Credit Agreement (Developers Diversified Realty Corp)

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Administrative Agent 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 11 contracts

Samples: Credit Agreement (Brown Shoe Co Inc/), Credit Agreement (Steiner Leisure LTD), Credit Agreement (Steiner Leisure LTD)

Nonliability of Lenders. The relationship between the Borrower Borrowers and the Lenders and the Administrative Agent shall be solely that of borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor 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 Borrower’s Borrowers' business or operations.

Appears in 11 contracts

Samples: Credit Agreement (Chicago Bridge & Iron Co N V), 364 Day Credit Agreement (American National Can Group Inc), 5 Year Revolving Credit Agreement (American National Can Group Inc)

Nonliability of Lenders. The relationship between the Borrower Borrowers and the Lenders and the Administrative Agent shall be solely that of borrower borrowers and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative 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 8 contracts

Samples: Amendment and Restatement Agreement (Meritor Inc), Amendment and Restatement Agreement (Meritor Inc), Credit Agreement (Meritor Inc)

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

Appears in 7 contracts

Samples: Credit Agreement (Lanier Worldwide Inc), Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/)

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

Appears in 6 contracts

Samples: Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.)

Nonliability of Lenders. The relationship between the Borrower Borrower, on one hand, and the Lenders and the Administrative Agent Agent, on the other hand, 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 business or operations.

Appears in 6 contracts

Samples: Credit Agreement (Energizer Holdings, Inc.), Credit Agreement (Energizer Holdings, Inc.), Credit Agreement (Energizer Holdings, Inc.)

Nonliability of Lenders. The relationship between Borrower, on the Borrower one hand, and the Lenders and the Administrative Agent 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 business or operations.

Appears in 5 contracts

Samples: Senior Credit Agreement (Terreno Realty Corp), Senior Credit Agreement (Terreno Realty Corp), Senior Secured Term Loan Agreement (Terreno Realty Corp)

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

Appears in 5 contracts

Samples: Long Term Credit Agreement (Whirlpool Corp /De/), Short Term Credit Agreement (Whirlpool Corp /De/), Long Term Credit Agreement (Whirlpool Corp /De/)

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

Appears in 5 contracts

Samples: Long Term Credit Agreement (Whirlpool Corp /De/), Long Term Credit Agreement (Whirlpool Corp /De/), Long Term Credit Agreement (Whirlpool Corp /De/)

Nonliability of Lenders. The relationship between the Borrower and ------------------------- the Lenders and the Administrative Agent 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 5 contracts

Samples: Revolving Credit Agreement (Energizer Holdings Inc), Revolving Credit Agreement (Ralston Purina Co), 364 Day Bridge Term Loan Credit Agreement (Energizer Holdings Inc)

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Administrative Agent shall be solely that of borrower and lender. Neither lender and 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 business or operations.

Appears in 4 contracts

Samples: Credit Agreement (Coca Cola Bottling Co Consolidated /De/), Credit Agreement (Coca Cola Bottling Co Consolidated /De/), Credit Agreement (Coca Cola Bottling Co Consolidated /De/)

Nonliability of Lenders. The relationship between among the Borrower and the Lenders and the Administrative Agent 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 business or operations.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Woodward, Inc.), Term Loan Credit Agreement (Woodward Governor Co), Term Loan Credit Agreement (Woodward Governor Co)

Nonliability of Lenders. The relationship between the Borrower Borrowers and the Lenders and the Administrative Agent shall be solely that of borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative 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 3 contracts

Samples: Multicurrency Credit Agreement (Crane Co /De/), Credit Agreement (Catalina Marketing Corp/De), Multicurrency Credit Agreement (Crane Co /De/)

Nonliability of Lenders. The relationship between the each Borrower and the Lenders and the Administrative Agent shall be solely that of borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative 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 3 contracts

Samples: Credit Agreement (Kaydon Corp), Credit Agreement (Kaydon Corp), Credit Agreement (Thomas Industries Inc)

Nonliability of Lenders. The relationship between the Borrower on the one hand and the Lenders and the Administrative Agent on the other hand 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 business or operations.

Appears in 3 contracts

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

Nonliability of Lenders. The relationship between the Borrower Borrowers and the Lenders and the Administrative Agent shall be solely that of borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor 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 Borrower’s Borrowers’ business or operations.

Appears in 3 contracts

Samples: Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V)

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

Samples: Long Term Credit Agreement (Ball Corp), Short Term Credit Agreement (Ball Corp)

Nonliability of Lenders. The relationship between the each Borrower and the Lenders and the Administrative Agent shall be solely that of borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative 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 2 contracts

Samples: Credit Agreement (Kaydon Corp), Credit Agreement (Kaydon Corp)

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

Appears in 2 contracts

Samples: 364 Day Revolving Credit Agreement (Dynegy Inc), Credit Agreement (Dynegy Inc)

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

Appears in 2 contracts

Samples: Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/)

Nonliability of Lenders. The relationship between the Borrower Borrowers and the Lenders and the Administrative Agent shall be solely that of borrower borrowers and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative 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 2 contracts

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

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Nonliability of Lenders. The relationship between among the Borrower and the Lenders and the Administrative Agent 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 2 contracts

Samples: Credit Agreement (Haynes International Inc), 364 Day Credit Agreement (Wabash National Corp /De)

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Administrative Agent 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.. Table of Contents

Appears in 1 contract

Samples: Credit Agreement (Cna Financial Corp)

Nonliability of Lenders. The relationship between the each Borrower and ----------------------- the Lenders and the Administrative Agent shall be solely that of borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative 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 (Roper Industries Inc /De/)

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Administrative Agent 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 business or operations. The Lenders and the Administrative Agent shall have the obligations set forth in Section 13.4 with respect to confidential information of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Kansas City Power & Light Co)

Nonliability of Lenders. The relationship between among the Borrower and the Lenders Lenders, the Issuing Lender, and the Administrative Agent shall be solely that of borrower and lender. Neither the Administrative Agent nor any Lender nor the Issuing Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent Agent, nor any Lender, nor the Issuing 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 (Wabash National Corp /De)

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Administrative Agent 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. The Lenders and the Administrative Agent shall have the obligations set forth in Section 13.4 with respect to confidential information of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Kansas City Power & Light Co)

Nonliability of Lenders. The relationship between the Borrower Loan Parties and the Lenders and the Administrative Agent shall be solely that of borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrowerany Loan Party. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Loan Parties to review or inform any of the Borrower Loan Parties of any matter in connection with any phase of the Borrower’s business or operationsoperations of any of the Loan Parties.

Appears in 1 contract

Samples: Term Loan Agreement (Whirlpool Corp /De/)

Nonliability of Lenders. The relationship between the Borrower on the one hand and the Lenders and the Administrative Agent on the other hand 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 1 contract

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

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Administrative Agent 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.or

Appears in 1 contract

Samples: Long Term Credit Agreement (TBC Corp)

Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Administrative Agent shall be solely that of borrower and lender. Neither lender and 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 Table of any matter in connection with any phase of the Borrower’s business or operations.Contents

Appears in 1 contract

Samples: Credit Agreement (Coca Cola Bottling Co Consolidated /De/)

Nonliability of Lenders. The Administrative Agent, each Lender and their Affiliates may have economic interests that conflict with those of the Borrowers. The relationship between the Borrower Borrowers and the Lenders and the Administrative Agent shall be solely that of borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the any Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform any of the Borrower Borrowers of any matter in connection with any phase of the Borrower’s business or operationsoperations of any of the Borrowers.

Appears in 1 contract

Samples: Long Term Credit Agreement (Whirlpool Corp /De/)

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

Appears in 1 contract

Samples: Term Loan Agreement (Chicago Bridge & Iron Co N V)

Nonliability of Lenders. The relationship between the Borrower Borrowers and the Lenders and the Administrative Agent shall be solely that of borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative 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 (Catalina Marketing Corp/De)

Nonliability of Lenders. The relationship between among the Borrower and the Lenders Lenders, the Issuing Lender, the Swing Line Lender, and the Administrative Agent shall be solely that of borrower and lender. Neither the Administrative Agent nor any Lender nor the Issuing Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent Agent, nor any Lender, nor the Issuing 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 (Wabash National Corp /De)

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