Common use of Underwriters Not Fiduciaries Clause in Contracts

Underwriters Not Fiduciaries. The Republic acknowledges and agrees that (i) the purchase and sale of the Securities pursuant to this Agreement is an arm’s-length commercial transaction between the Republic, on the one hand, and the Underwriters, on the other, (ii) in connection therewith and with the process leading to such transaction, each Underwriter is acting solely as a principal and not the agent or fiduciary of the Republic, (iii) no Underwriter has assumed an advisory or fiduciary responsibility in favor of the Republic with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has advised or is currently advising the Republic on other matters) or any other obligation to the Republic except the obligations expressly set forth in this Agreement and (iv) the Republic has consulted its own legal and financial advisors to the extent it deemed appropriate. The Republic agrees that it will not claim that the Underwriters, or any of them, has rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the Republic, in connection with such transaction or the process leading thereto.

Underwriters Not Fiduciaries. The Republic acknowledges and agrees that that: (ia) the purchase and sale of the Securities pursuant to this Agreement is an arm’s-length commercial transaction between the Republic, on the one hand, and the Underwriters, on the other, ; (iib) in connection therewith and with the process leading to such transaction, each Underwriter is transaction the Underwriters are acting solely as a principal and not the agent or fiduciary of the Republic, ; (iiic) no Underwriter has the Underwriters have not assumed an advisory or fiduciary responsibility in favor of the Republic with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has the Underwriters have advised or is are currently advising the Republic on other matters) or any other obligation to the Republic except the obligations expressly set forth in this Agreement and Agreement; and (ivd) the Republic has consulted its own legal and financial advisors to the extent it deemed appropriate. The To the fullest extent permitted by law, the Republic agrees that it will not claim that the Underwriters, or any of them, has Underwriters have rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the Republic, in connection with such transaction or the process leading thereto.

Underwriters Not Fiduciaries. The Republic acknowledges and agrees that that: (ia) the purchase and sale of the Securities pursuant to this Agreement is an arm’sarm's-length commercial transaction between the Republic, on the one hand, and the Underwriters, on the other, ; (iib) in connection therewith and with the process leading to such transaction, each Underwriter is transaction the Underwriters are acting solely as a principal and not the agent or fiduciary of the Republic, ; (iiic) no Underwriter has the Underwriters have not assumed an advisory or fiduciary responsibility in favor of the Republic with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has the Underwriters have advised or is are currently advising the Republic on other matters) or any other obligation to the Republic except the obligations expressly set forth in this Agreement and Agreement; and (ivd) the Republic has consulted its own legal and financial advisors to the extent it deemed appropriate. The To the fullest extent permitted by law, the Republic agrees that it will not claim that the Underwriters, or any of them, has Underwriters have rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the Republic, in connection with such transaction or the process leading thereto.

Underwriters Not Fiduciaries. (a) The Republic acknowledges and agrees that that: (i) the purchase and sale of the Securities Notes pursuant to this Agreement is an arm’s-length commercial transaction between the Republic, on the one hand, and the Underwriters, on the other, ; (ii) in connection therewith and with the process leading to such transaction, each Underwriter is transaction the Underwriters are acting solely as a principal and not the agent or fiduciary of the Republic, ; (iii) no Underwriter has the Underwriters have not assumed an advisory or fiduciary responsibility in favor of the Republic with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has the Underwriters have advised or is are currently advising the Republic on other matters) or any other obligation to the Republic except the obligations expressly set forth in this Agreement and Agreement; and (iv) the Republic has consulted its own legal and financial advisors to the extent it deemed appropriate. The . (b) To the fullest extent permitted by law, the Republic agrees that it will not claim that the Underwriters, or any of them, has Underwriters have rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the Republic, in connection with such transaction or the process leading thereto.

Underwriters Not Fiduciaries. The Republic acknowledges and agrees that that: (ia) the purchase and sale of the Securities pursuant to this Agreement is an arm’s-length commercial transaction between the Republic, on the one hand, and the Underwriters, on the other, ; (iib) in connection therewith and with the process leading to such transaction, each Underwriter is transaction the Underwriters are acting solely as a principal principals and not the agent agents or fiduciary fiduciaries of the Republic, ; (iiic) no Underwriter has the Underwriters have not assumed an advisory or fiduciary responsibility in favor of the Republic with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has the Underwriters have advised or is are currently advising the Republic on other matters) or any other obligation to the Republic except the obligations expressly set forth in this Agreement and Agreement; (ivd) the Republic has consulted its own legal and financial advisors to the extent it deemed appropriate; and (e) none of the activities of the Underwriters in connection with the offering constitutes a recommendation, investment advice or solicitation of any action by the Underwriters with respect to any entity or natural person. The To the fullest extent permitted by law, the Republic agrees that it will not claim that the Underwriters, or any of them, has Underwriters have rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the Republic, in connection with such transaction or the process leading thereto.

Underwriters Not Fiduciaries. The Republic acknowledges and agrees that that: (ia) the purchase and sale of the Reopening Securities pursuant to this Agreement is an arm’s-length commercial transaction between the Republic, on the one hand, and the Underwriters, on the other, ; (iib) in connection therewith and with the process leading to such transaction, each Underwriter is transaction the Underwriters are acting solely as a principal and not the agent or fiduciary of the Republic, ; (iiic) no Underwriter has the Underwriters have not assumed an advisory or fiduciary responsibility in favor of the Republic with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has the Underwriters have advised or is are currently advising the Republic on other matters) or any other obligation to the Republic except the obligations expressly set forth in this Agreement and Agreement; and (ivd) the Republic has consulted its own legal and financial advisors to the extent it deemed appropriate. The To the fullest extent permitted by law, the Republic agrees that it will not claim that the Underwriters, or any of them, has Underwriters have rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the Republic, in connection with such transaction or the process leading thereto.

Underwriters Not Fiduciaries. The Republic acknowledges and agrees that that: (ia) the purchase and sale of the Securities Bonds pursuant to this Agreement is an arm’s-length commercial transaction between the Republic, on the one hand, and the Underwriters, on the other, ; (iib) in connection therewith and with the process leading to such transaction, each Underwriter is transaction the Underwriters are acting solely as a principal and not the agent or fiduciary of the Republic, ; (iiic) no Underwriter has the Underwriters have not assumed an advisory or fiduciary responsibility in favor of the Republic with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has the Underwriters have advised or is are currently advising the Republic on other matters) or any other obligation to the Republic except the obligations expressly set forth in this Agreement and Agreement; and (ivd) the Republic has consulted its own legal and financial advisors to the extent it deemed appropriate. The To the fullest extent permitted by law, the Republic agrees that it will not claim that the Underwriters, or any of them, has Underwriters have rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the Republic, in connection with such transaction or the process leading thereto.

Underwriters Not Fiduciaries. (a) The Republic acknowledges and agrees that that: (i) the purchase and sale of the Securities pursuant to this Standard Terms and the Terms Agreement (a “Transaction”) is an arm’s-length commercial transaction between the Republic, on the one hand, and the UnderwritersUnderwriters and any affiliate through which it may acting, on the other, other hand; (ii) in connection therewith and with the process leading to such transaction, each Underwriter is Transaction the Underwriters are acting solely as a principal and not the agent or fiduciary of the Republic, ; (iii) no Underwriter has the Republic’s engagement of the Underwriters in connection with a Transaction and the process leading up to a Transaction is as independent contractors and not in any other capacity; (iv) the Underwriters have not assumed an advisory or fiduciary responsibility in favor of the Republic with respect to the offering contemplated hereby by a Transaction or the process leading thereto (irrespective of whether such Underwriter has the Underwriters have advised or is are currently advising the Republic on other matters) or any other obligation to the Republic except the obligations expressly set forth in this Agreement and Standard Terms or the Terms Agreement; and (ivv) the Republic has consulted its own legal and financial advisors to the extent it deemed appropriate. The . (b) To the fullest extent permitted by applicable law, the Republic agrees that it will not claim that the Underwriters, or any of them, has Underwriters have rendered advisory services of any nature or respect, or owes owe a fiduciary or similar duty to the Republic, in connection with such transaction Transaction or the process leading thereto.

Underwriters Not Fiduciaries. The Republic acknowledges and agrees that (i) the purchase and sale of the Securities pursuant to this Agreement is an arm’s-length commercial transaction between the Republic, on the one hand, and the Underwriters, on the other, (ii) in connection therewith and with the process leading to such transaction, transaction each Underwriter is acting solely as a principal and not the agent or fiduciary of the Republic, (iii) no Underwriter has assumed an advisory or fiduciary responsibility in favor of the Republic with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has advised or is currently advising the Republic on other matters) or any other obligation to the Republic except the obligations expressly set forth in this Agreement and (iv) the Republic has consulted its own legal and financial advisors to the extent it deemed appropriate. The Republic agrees that it will not claim that the Underwriters, or any of them, has rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the Republic, in connection with such transaction or the process leading thereto.

Underwriters Not Fiduciaries. The Republic Company acknowledges and agrees that (i) the purchase and sale of the Securities Shares pursuant to this Agreement is an arm’s-length commercial transaction between the RepublicCompany, on the one hand, and the several Underwriters, on the other, (ii) in connection therewith and with the process leading to such transaction, transaction each Underwriter is acting solely as a principal and not the agent or fiduciary of the RepublicCompany, (iii) no Underwriter has assumed an advisory or fiduciary responsibility in favor of the Republic Company with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has advised or is currently advising the Republic Company on other matters) or any other obligation to the Republic Company except the obligations expressly set forth in this Agreement and (iv) the Republic Company has consulted its own legal and financial advisors to the extent it deemed appropriate. The Republic Company agrees that it will not claim that the Underwriters, or any of them, has rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the RepublicCompany, in connection with such transaction or the process leading thereto.

Underwriters Not Fiduciaries. The Republic acknowledges and agrees that that: (ia) the purchase and sale of the Securities pursuant to this Agreement is an arm’s-length commercial transaction between the Republic, on the one hand, and the Underwriters, on the other, ; (iib) in connection therewith and with the process leading to such transaction, each Underwriter is transaction the Underwriters are acting solely as a principal and not the agent or fiduciary of the Republic, ; (iiic) no Underwriter has the Underwriters have not assumed an advisory or fiduciary responsibility in favor of the Republic with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has the Underwriters have advised or is are currently advising the Republic on other matters) or any other obligation to the Republic except the obligations expressly set forth in this Agreement and Agreement; (ivd) the Republic has consulted its own legal and financial advisors to the extent it deemed appropriate; and (e) none of the activities of the Underwriters in connection with the offering constitutes a recommendation, investment advice or solicitation of any action by the Underwriters with respect to any entity or natural person. The To the fullest extent permitted by law, the Republic agrees that it will not claim that the Underwriters, or any of them, has Underwriters have rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the Republic, in connection with such transaction or the process leading thereto.

Underwriters Not Fiduciaries. The Republic Company acknowledges and agrees that (i) the purchase and sale of the Securities pursuant to this Agreement is an arm’s-length commercial transaction between the RepublicCompany, on the one hand, and the several Underwriters, on the other, (ii) in connection therewith and with the process leading to such transaction, transaction each Underwriter is acting solely as a principal and not the agent or fiduciary of the RepublicCompany, (iii) no Underwriter has assumed an advisory or fiduciary responsibility in favor of the Republic Company with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has advised or is currently advising the Republic Company on other matters) or any other obligation to the Republic Company except the obligations expressly set forth in this Agreement and (iv) the Republic Company has consulted its own legal and financial advisors to the extent it deemed appropriate. The Republic Company agrees that it will not claim that the Underwriters, or any of them, has rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the RepublicCompany, in connection with such transaction or the process leading thereto.