Common use of Nonliability of Agent and Lenders Clause in Contracts

Nonliability of Agent and Lenders. The relationship between the Borrowers, on the one hand, and the Lenders and the Agent, on the other hand, shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrowers and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by the Agent or any Lender to any Lender or to EPR or any of its Subsidiaries. Neither the Agent nor any Lender undertakes any responsibility to the Borrowers to review or inform the Borrowers of any matter in connection with any phase of the Borrowers’ business or operations.

Appears in 5 contracts

Samples: And Consolidated Credit Agreement (Epr Properties), Credit Agreement (Entertainment Properties Trust), Credit Agreement (Epr Properties)

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Nonliability of Agent and Lenders. The relationship between the BorrowersBorrower, on the one hand, and the Lenders and the Agent, on the other hand, shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrowers Borrower and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by the Agent or any Lender to any Lender or to EPR the Borrower or any of its Subsidiaries. Neither the Agent nor any Lender undertakes any responsibility to the Borrowers Borrower to review or inform the Borrowers Borrower of any matter in connection with any phase of the Borrowers’ Borrower’s business or operations.

Appears in 3 contracts

Samples: And Consolidated Credit Agreement (Epr Properties), And Consolidated Credit Agreement (Epr Properties), And Consolidated Credit Agreement (Epr Properties)

Nonliability of Agent and Lenders. The relationship between the Borrowers, on the one hand, Borrowers and the Lenders and the Agent, on the other hand, Agents shall be solely that of borrower and lender. Neither the Agent Agents nor any Lender shall have any fiduciary responsibilities to the Borrowers a Borrower and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by the Agent Agents or any Lender to any Lender or to EPR Lender, a Borrower or any of its SubsidiariesSubsidiary. Neither the Agent Agents nor any Lender undertakes any responsibility to the Borrowers a Borrower to review or inform the Borrowers such Borrower of any matter in connection with any phase of the Borrowers’ such Borrower's business or operations.

Appears in 2 contracts

Samples: Credit Agreement (Allied Capital Corp), Credit Agreement (Allied Capital Corp)

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Nonliability of Agent and Lenders. 90- The relationship between the Borrowers, on the one hand, and the Lenders and the Agent, on the other hand, shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrowers and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by the Agent or any Lender to any Lender or to EPR or any of its Subsidiaries. Neither the Agent nor any Lender undertakes any responsibility to the Borrowers to review or inform the Borrowers of any matter in connection with any phase of the Borrowers’ business or operations.

Appears in 1 contract

Samples: Credit Agreement (Epr Properties)

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