Common use of Certain Acknowledgments by Borrower Clause in Contracts

Certain Acknowledgments by Borrower. Borrower acknowledges that (i) it has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan Documents; and (ii) the relationship between Borrower, on the one hand, and Agent and the Banks and Designated Bid Lenders, on the other hand, in connection with the Loan Documents and the transactions contemplated thereby is solely that of debtor and creditor; no joint venture is created hereby or by the other Loan Documents or otherwise exists (among Borrower, the Banks and the Designated Bid Lenders or between Borrower and Agent) by virtue of the transactions contemplated hereby.

Certain Acknowledgments by Borrower. The Borrower acknowledges that ----------------------------------- (i) it has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan Documents; and (ii) the relationship between the Borrower, on the one hand, and the Agent and the Banks and Designated Bid Lenders, on the other hand, in connection with the Loan Documents and the transactions contemplated thereby is solely that of debtor and creditor; no joint venture is created hereby or by the other Loan Documents or otherwise exists (among the Borrower, the Banks and the Designated Bid Lenders or between the Borrower and the Agent) by virtue of the transactions contemplated hereby.. 153

Certain Acknowledgments by Borrower. Borrower acknowledges that (i) it has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan Documents; and (ii) the relationship between Borrower, on the one hand, and Administrative Agent and the Banks and Designated Bid Lenders, on the other hand, in connection with the Loan Documents and the transactions contemplated thereby is solely that of debtor and creditor; no joint venture is created hereby or by the other Loan Documents or otherwise exists (among Borrower, the Banks and the Designated Bid Lenders or between Borrower and Administrative Agent) by virtue of the transactions contemplated hereby.