Common use of Titled Agent Clause in Contracts

Titled Agent. The Titled Agents, in such capacities, assume no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of any of the Loans, or for any duties as an agent hereunder for the Lenders. The titles of “Lead Arranger” and “Bookrunner” and “Syndication Agent” are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents to the Administrative Agent, the Borrower or any Lender and the use of such title does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle the Titled Agents to any rights other than those to which any other Lender is entitled.

Appears in 4 contracts

Samples: Credit Agreement (National Storage Affiliates Trust), Credit Agreement (National Storage Affiliates Trust), Credit Agreement (National Storage Affiliates Trust)

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Titled Agent. The Titled AgentsAgent, in such capacitiesrespective capacity, assume assumes no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of any of the Loans, or for any duties as an agent hereunder for the Lenders. The titles of “Lead Arranger” and “Bookrunner” and “Syndication Agent” are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents Agent to the Administrative Agent, the Borrower or any Lender and the use of such title does not impose on the Titled Agents Agent any duties or obligations greater than those of any other Lender or entitle the Titled Agents Agent to any rights other than those to which any other Lender is entitled.

Appears in 2 contracts

Samples: Credit Agreement (HC Government Realty Trust, Inc.), Credit Agreement (HC Government Realty Trust, Inc.)

Titled Agent. The Titled Agents, in such capacities, assume no duty, responsibility or obligation hereunderhereunder or under any of the other Loan Documents, including, without limitation, for servicing, enforcement or collection of any of the Loans, or for any duties as an agent hereunder for the Lenders. The titles of “Lead Arranger” and “Bookrunner” and “Syndication Agent” are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents to the Administrative Agent, the Borrower Borrower, any other Loan Party, or any Lender and the use of such title does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle the Titled Agents to any rights other than those to which any other Lender is entitled.

Appears in 2 contracts

Samples: Credit Agreement (National Storage Affiliates Trust), Credit Agreement (National Storage Affiliates Trust)

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Titled Agent. The Titled Agents, Agent in such capacitiescapacity, assume assumes no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of any of the Loans, or for nor any duties as an agent hereunder for the Lenders. The titles of “Lead Arranger” and “Bookrunner” and “Syndication Agent” given to the Titled Agent are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents Agent to the Administrative Agent, any Lender, the Borrower or any Lender other Obligor and the use of such title titles does not impose on the Titled Agents Agent any duties or obligations greater than those of any other Lender or entitle the Titled Agents Agent to any rights other than those to which any other Lender is entitled.

Appears in 1 contract

Samples: Term Loan Agreement (Colonial Properties Trust)

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