Syndication and Documentation Agents Sample Clauses
The 'Syndication and Documentation Agents' clause defines the roles and responsibilities of agents appointed to manage the syndication process and oversee the preparation and administration of transaction documents in a syndicated loan or financing arrangement. Typically, the syndication agent coordinates the involvement of multiple lenders, manages communications, and facilitates the allocation of loan commitments, while the documentation agent ensures that all legal and financial documents are properly drafted, executed, and distributed. This clause clarifies the scope of authority and duties for each agent, helping to streamline the syndication process and prevent misunderstandings among the parties involved.
Syndication and Documentation Agents. The Syndication Agents and the Documentation Agents shall not have any duties or responsibilities hereunder in its capacity as such.
Syndication and Documentation Agents. Each Syndication Agent in its capacity as Syndication Agent and each documentation agent in its capacity as documentation agent shall have no duties or responsibilities and no liabilities under this Agreement or any other Loan Document but shall be entitled, in such capacity, to the same protections afforded to the Administrative Agent under this Article XIII.
Syndication and Documentation Agents. The entities identified on the cover page of this Agreement as the "Syndication Agent" and the "Documentation Agent", respectively, shall, in each case, not have any right, power, obligation, liability, responsibility or duty under this Agreement (or any other Loan Document) other than those applicable to all Lenders as such. Without limiting the foregoing, the entities so identified as the "Syndication Agent" and the "Documentation Agent", respectively, shall not have or be deemed to have any fiduciary relationship with any Lender. Each Lender acknowledges that it has not relied, and will not rely, on the entities so identified as the "Syndication Agent" and the "Documentation Agent", respectively, in deciding to enter into this Agreement and each other Loan Document to which it is a party or in taking or not taking action hereunder or thereunder.
Syndication and Documentation Agents. Notwithstanding any other provision hereof, each of the Syndication Agent and the Documentation Agent identified on the cover page of this Agreement, in their respective capacities as such, shall have no duties or responsibilities and shall incur no liability under this Agreement or the other Credit Documents 85 91
Syndication and Documentation Agents. 81 ARTICLE XIII MISCELLANEOUS......................................................................................82
Syndication and Documentation Agents. None of the Lenders identified or designated pursuant to this Agreement as a Syndication Agent or Documentation Agent shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than those applicable to all Lenders as Lenders.
Syndication and Documentation Agents. The parties hereto agree that the Syndication Agent and Documentation Agent shall have no duties or responsibilities hereunder in such capacity upon or after execution of this Agreement and shall receive no fees or compensation for serving in such capacities.
Syndication and Documentation Agents. 87 ARTICLE XII Miscellaneous
Syndication and Documentation Agents. The Chase Manhattan Bank, in its capacity as Syndication Agent, and HSBC Bank USA, in its capacity as Documentation Agent, shall have no responsibilities or obligations hereunder, provided that the provisions of this Section 10.15 shall not affect or limit their responsibilities, rights or obligations as Lenders hereunder.
Syndication and Documentation Agents. Notwithstanding any other provision hereof, each of Bank of America, N.A., as syndication agent and First Union National Bank, as documentation agent, in their respective capacities as such, shall have no duties or responsibilities under the Credit Documents and shall incur no liability under this Agreement or the other Credit Documents in such capacities.