Common use of Certain Acknowledgments Clause in Contracts

Certain Acknowledgments. The Borrower hereby confirms and acknowledges that (a) the Lender does not have any fiduciary or similar relationship to the Borrower by virtue of this Agreement and the transactions contemplated herein and that the relationship established by this Agreement between the Lender and the Borrower is solely that of creditor and debtor and (b) no joint venture exists between the Borrower and the Lender by virtue of this Agreement and the transactions contemplated herein.