Rights Relating to Disclosures. Subordinated Lender hereby agrees that Senior Lenders have not assumed any obligation or duty to disclose information regarding Borrower or the Senior Loans to Subordinated Lender, and Senior Lenders shall not have a special or fiduciary relationship to Subordinated Lender. Subordinated Lender hereby fully waives and releases Senior Lenders from any affirmative disclosures which may be required of Senior Lenders under applicable law.
Appears in 4 contracts
Samples: Subordination Agreement (Neos Therapeutics, Inc.), Subordination Agreement (Neos Therapeutics, Inc.), Facility Agreement (Neos Therapeutics, Inc.)
Rights Relating to Disclosures. The Subordinated Lender Obligee hereby agrees that the Senior Lenders have not assumed any obligation or duty to disclose information regarding Borrower any Loan Party or the Senior Loans to the Subordinated LenderObligee, and the Senior Lenders shall not have a no special or fiduciary relationship to the Subordinated LenderObligee. The Subordinated Lender Obligee hereby fully waives and releases Senior Lenders from any affirmative disclosures which may be required of Senior Lenders under applicable law.
Appears in 2 contracts
Samples: Subordination and Intercreditor Agreement (Hawker Energy, Inc.), Subordination and Intercreditor Agreement (Sara Creek Gold Corp.)
Rights Relating to Disclosures. Subordinated Lender hereby agrees that Senior Lenders have has not assumed any obligation or duty to disclose information regarding Borrower any Credit Party or the Senior Loans to Subordinated Lender, and Senior Lenders shall not have a no special or fiduciary relationship to Subordinated Lender. Subordinated Lender hereby fully waives and releases Senior Lenders from any affirmative disclosures which may be required of Senior Lenders under applicable law.
Appears in 2 contracts
Samples: Subordination Agreement, Subordination Agreement (Staffing 360 Solutions, Inc.)
Rights Relating to Disclosures. Each Subordinated Lender hereby agrees that Senior Lenders have has not assumed any obligation or duty to disclose information regarding Borrower any Credit Party or the Senior Loans to any Subordinated Lender, and Senior Lenders shall not have a no special or fiduciary relationship to any Subordinated Lender. Each Subordinated Lender hereby fully waives and releases Senior Lenders from any affirmative disclosures which may be required of Senior Lenders under applicable law.
Appears in 1 contract
Samples: Subordination Agreement (STRATA Skin Sciences, Inc.)
Rights Relating to Disclosures. Subordinated Lender hereby agrees that Senior Lenders have has not assumed any obligation or duty to disclose information regarding Borrower any Credit Party or the Senior Loans to any Subordinated Lender, and Senior Lenders shall not have a no special or fiduciary relationship to any Subordinated Lender. Subordinated Lender hereby fully waives and releases Senior Lenders from any affirmative disclosures which may be required of Senior Lenders under applicable law.
Appears in 1 contract
Samples: Subordination Agreement (Twinlab Consolidated Holdings, Inc.)
Rights Relating to Disclosures. Each Subordinated Lender hereby agrees that Senior Lenders have has not assumed any obligation or duty to disclose information regarding Borrower any Loan Party or the Senior Loans to any Subordinated Lender, and Senior Lenders shall not have a no special or fiduciary relationship to any Subordinated Lender. Each Subordinated Lender hereby fully waives and releases Senior Lenders from any affirmative disclosures which may be required of Senior Lenders under applicable law.
Appears in 1 contract
Samples: Subordination and Intercreditor Agreement (Furiex Pharmaceuticals, Inc.)
Rights Relating to Disclosures. Subordinated Lender Obligee hereby agrees that Senior Lenders have has not assumed any obligation or duty to disclose information regarding Borrower any Loan Party or the Senior Loans to Subordinated LenderObligee, and Senior Lenders shall not have a no special or fiduciary relationship to Subordinated LenderObligee. Subordinated Lender Obligee hereby fully waives and releases Senior Lenders from any affirmative disclosures which may be required of Senior Lenders under applicable law.
Appears in 1 contract
Samples: Subordination and Intercreditor Agreement (AxoGen, Inc.)
