Common use of RELATIONSHIP OF THE BORROWER AND THE BANK Clause in Contracts

RELATIONSHIP OF THE BORROWER AND THE BANK. The Borrower and the Bank agree that nothing contained in this Agreement or any other document executed in connection with the Loan is intended or shall be construed to establish the Borrower and the Bank as joint venturers or partners; and the Borrower hereby indemnifies and agrees to hold the Bank, its officers, directors, agents and employees harmless from any and all damages resulting from such a construction of the relationship of the parties hereto, except any such damage arising solely from the Bank's own gross negligence or willful misconduct.

RELATIONSHIP OF THE BORROWER AND THE BANK. The Borrower and ----------------------------------------- the Bank agree that nothing contained in this Agreement or any other document executed in connection with the Loan is intended or shall be construed to establish the Borrower and the Bank as joint venturers or partners; and the Borrower hereby indemnifies and agrees to hold the Bank, its officers, directors, agents and employees harmless from any and all damages resulting from such a construction of the relationship of the parties hereto, except any such damage arising solely from the Bank's own gross negligence or willful misconduct.