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 52 contracts
Samples: Credit Agreement (Ipalco Enterprises Inc), Credit Agreement (Ipalco Enterprises, Inc.), Credit Agreement (Ipalco Enterprises Inc)
Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Agent Agents shall be solely that of borrower and lender. Neither the Agent any Agent, any Arranger nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Agent Agents, any 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 2 contracts
Samples: Credit Agreement (Spartan Stores Inc), Credit Agreement (Spartan Stores Inc)
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: Credit Agreement (Pioneer Standard Electronics Inc), Credit Agreement (Duriron Co Inc)
Nonliability of Lenders. The relationship between the Borrower and the Lenders Lenders, the Agent and the Collateral Agent shall be solely that of borrower and lender. Neither the Agent, the Collateral Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Agent, the Collateral 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 (Binks Sames 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 any Borrower. Neither the 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 1 contract
Samples: Credit Agreement (American Architectural Products Corp)
Nonliability of Lenders. The relationship between the Borrower and the Lenders and the Paying Agent shall be solely that of borrower and lender. Neither the Paying Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Paying 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 (FDX 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.
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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.
Appears in 1 contract
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 and the Agent nor any Lender undertakes any Lenders 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 or operations.
Appears in 1 contract