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 (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 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.