Purchase and Sale of Bonds. Inasmuch as the purchase and sale of the Bonds represents a negotiated transaction, the Developer understands, and hereby confirms, that the Underwriter is not acting as a fiduciary of the Developer, but rather is acting solely in its capacity as Underwriter of the Bonds for its own account.
Appears in 5 contracts
Samples: Purchase Agreement, Purchase Agreement, Bond Purchase Agreement
Purchase and Sale of Bonds. Inasmuch as the purchase and sale of the Bonds represents a negotiated transaction, the Developer Landowner understands, and hereby confirms, that the Underwriter is not acting as a fiduciary of the DeveloperLandowner, but rather is acting solely in its capacity as Underwriter of the Bonds for its own account.
Appears in 2 contracts
