Common use of Relationship of Lenders Clause in Contracts

Relationship of Lenders. Neither the making of their respective Commitments to Borrower, the execution of this Agreement, the Loan Agreements or the other Loan Documents, nor any agreement to share any proceeds or Collateral, nor any Lender acting as an Enforcing Lender is intended to be, nor shall it be construed to be, the formation of a partnership or joint venture between the Lenders or the creation of any express, implied or constructive trust relationship between them. Lenders agree that neither is acting as a trustee for the other.

Appears in 4 contracts

Samples: Intercreditor Agreement (Venture Lending & Leasing V, Inc.), Intercreditor Agreement (Venture Lending & Leasing Iv Inc), Intercreditor Agreement (Venture Lending & Leasing Iii Inc)

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