Nonliability of the Lenders. The relationship between the Borrower and the Lenders shall be solely that of borrower and lender. Neither the Administrative Agent nor the Lenders shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor the Lenders undertake 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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Samples: Unsecured Revolving Credit Agreement (Great Lakes Reit Inc), Unsecured Revolving Credit Agreement (Great Lakes Reit Inc)
Nonliability of the Lenders. The relationship between the Borrower and the Lenders shall be solely that of borrower and lender. Neither the Administrative Agent nor the Lenders shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor the Lenders undertake 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: Unsecured Revolving Credit Agreement (Great Lakes Reit)
Nonliability of the Lenders. The relationship between the Borrower and the Lenders shall be solely that of borrower and lender. Neither the Administrative Agent nor the Lenders shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor the Lenders 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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