Common use of Creditor-Debtor Relationship Clause in Contracts

Creditor-Debtor Relationship. The relationship between Administrative Agent, Collateral Agent and each Lender on the one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. No Secured Party has any fiduciary relationship or duty to any Loan Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the Secured Parties and the Loan Parties by virtue of, this Agreement or any Loan Document or any other document or transaction contemplated herein or therein.

Creditor-Debtor Relationship. The relationship between Administrative Agent, Collateral Agent and each Lender on the one hand, and the Loan Parties, on the other hand, in connection with the Loan Documents is solely that of creditor and debtor. No Secured Party has any fiduciary relationship or duty to any Loan Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the Secured Parties and the Loan Parties by virtue of, this Agreement or any Loan Document or any other document or transaction contemplated herein or therein.

Creditor-Debtor Relationship. The relationship between Administrative Agent, Collateral Agent and each Lender on the one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. No Secured Party has any fiduciary relationship or duty to any Loan Party or Subsidiary thereof arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the Secured Parties Parties, on the one hand, and the Loan Parties and their Subsidiaries, on the other hand, by virtue of, this Agreement or any Loan Document or any other document or transaction contemplated herein or therein.

Creditor-Debtor Relationship. The relationship between Administrative Agent, Collateral Agent Agent, L/C Issuer and each Lender on the one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. No Secured Party has any fiduciary relationship or duty to any Loan Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the Secured Parties and the Loan Parties by virtue of, this Agreement or any Loan Document or any other document or transaction contemplated herein or therein.