Common use of Not Partners; No Third Party Beneficiaries Clause in Contracts

Not Partners; No Third Party Beneficiaries. The relationship of Lenders and Borrower is that of lenders and borrower only, and neither is a fiduciary, partner or joint venturer of the other for any purpose. This Agreement has been executed for the sole benefit of Lenders, and no third party is authorized to rely upon Lenders' rights or duties hereunder.

Appears in 6 contracts

Samples: Loan Agreement (Physicians Resource Group Inc), Loan Agreement (Physicians Resource Group Inc), Loan Agreement (Renal Care Group Inc)

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Not Partners; No Third Party Beneficiaries. The relationship of Lenders and Borrower Borrowers is that of lenders and borrower borrowers only, and neither is a fiduciary, partner or joint venturer of the other for any purpose. This Agreement has been executed for the sole benefit of Lenders, and no third party is authorized to rely upon Lenders' rights or duties hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Books a Million Inc), Credit Agreement (Response Oncology Inc)

Not Partners; No Third Party Beneficiaries. The relationship of Lenders and Borrower the Borrowers is that of lenders and borrower borrowers only, and neither is a fiduciary, partner or joint venturer of the other for any purpose. This Agreement has been executed for the sole benefit of Lenders, and no third party is authorized to rely upon Lenders' ’ rights or duties hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Protective Life Corp), Credit Agreement (Protective Life Insurance Co)

Not Partners; No Third Party Beneficiaries. The relationship of Lenders and Borrower is that of lenders and borrower borrowers only, and neither is a fiduciary, partner or joint venturer of the other for any purpose. This Agreement has been executed for the sole benefit of Lenders, and no third party is authorized to rely upon Lenders' rights or duties hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Protective Life Insurance Co), Credit Agreement (Protective Life Corp)

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Not Partners; No Third Party Beneficiaries. The relationship of the Lenders and the Borrower is that of lenders and borrower only, and neither is a fiduciary, partner or joint venturer of the other for any purpose. This Agreement has been executed for the sole benefit of the Lenders, and no third party is authorized to rely upon the Lenders' rights or duties hereunder.

Appears in 2 contracts

Samples: Security Agreement (Renal Care Group Inc), Security Agreement (Renal Care Group Inc)

Not Partners; No Third Party Beneficiaries. The relationship of Lenders and Borrower Borrowers is that of lenders and borrower borrowers only, and neither is a fiduciary, partner or joint venturer of the other for any purpose. This Agreement has been executed for the sole benefit of Lenders, and no third party is authorized to rely upon Lenders' ’ rights or duties hereunder.

Appears in 1 contract

Samples: Credit Agreement (Alfa Corp)

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