Common use of Nonliability of Lenders Clause in Contracts

Nonliability of Lenders. The relationship between the Borrower, on the one hand, and the Lenders and the Administrative Agent, on the other, shall be solely that of borrowers and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business or operations.

Appears in 18 contracts

Samples: Term Loan Agreement (Kite Realty Group, L.P.), Credit Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Kite Realty Group, L.P.)

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Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business or operations.

Appears in 18 contracts

Samples: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Energizer Holdings Inc), Revolving Credit Agreement (Energizer Holdings Inc)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, and the Lenders and the Administrative Agent, on the other, shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations.

Appears in 15 contracts

Samples: Credit Agreement (Associated Estates Realty Corp), Assignment Agreement (Glimcher Realty Trust), Credit Agreement (Glimcher Realty Trust)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations.

Appears in 11 contracts

Samples: Credit Agreement (Brown Shoe Co Inc/), Credit Agreement (Steiner Leisure LTD), Credit Agreement (Steiner Leisure LTD)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrowers and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor any Lender undertakes any responsibility to the any Borrower to review or inform the any Borrower of any matter in connection with any phase of the Borrower’s Borrowers' business or operations.

Appears in 11 contracts

Samples: Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (American National Can Group Inc), Credit Agreement (Chicago Bridge & Iron Co N V)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrowers and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers or the Guarantors. Neither the Administrative Agent nor any Lender undertakes any responsibility to the any Borrower or Guarantor to review or inform the any Borrower or Guarantor of any matter in connection with any phase of the Borrower’s Borrowers' business or operations.

Appears in 7 contracts

Samples: Credit Agreement (Lanier Worldwide Inc), Credit Agreement (Lanier Worldwide Inc), Credit Agreement (Trimble Navigation LTD /Ca/)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrowers and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the Borrower’s Borrowers’ business or operations.

Appears in 7 contracts

Samples: Credit Agreement (Steelcase Inc), Credit Agreement (Steelcase Inc), Credit Agreement (Arvinmeritor Inc)

Nonliability of Lenders. The relationship between the Borrower, Borrower on the one hand, hand and the Lenders Lenders, the Arranger and the Administrative Agent, Agent on the other, other hand shall be solely that of borrowers borrower and lender. Neither None of the Administrative Agent nor Agent, the Arranger or any Lender shall have any fiduciary responsibilities to the Borrower. Neither None of the Administrative Agent nor Agent, the Arranger or any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business or operations.

Appears in 7 contracts

Samples: Credit Agreement (Walgreens Boots Alliance, Inc.), Credit Agreement (Walgreens Boots Alliance, Inc.), Revolving Credit Agreement (Walgreens Boots Alliance, Inc.)

Nonliability of Lenders. The relationship between among the Borrower, on the one hand, Borrowers and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the any Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the any Borrower to review or inform the such Borrower of any matter in connection with any phase of the such Borrower’s business or operations.

Appears in 6 contracts

Samples: Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrowers and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the any Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform any of the Borrower Borrowers of any matter in connection with any phase of the Borrower’s business or operationsoperations of any of the Borrowers.

Appears in 5 contracts

Samples: Assignment Agreement (Whirlpool Corp /De/), Long Term Credit Agreement (Whirlpool Corp /De/), Assignment Agreement (Whirlpool Corp /De/)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, and the Lenders and the Administrative Agent, on the other, shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business or operations.

Appears in 5 contracts

Samples: Senior Credit Agreement (Terreno Realty Corp), Senior Revolving Credit Agreement (Terreno Realty Corp), Senior Credit Agreement (Terreno Realty Corp)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither lender and neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business or operations.

Appears in 4 contracts

Samples: Distribution Agreement (Coca Cola Bottling Co Consolidated /De/), Credit Agreement (Coca Cola Bottling Co Consolidated /De/), Credit Agreement (Coca Cola Bottling Co Consolidated /De/)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, and the Lenders and the Administrative Agent, on the otherother hand, shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business or operations.

Appears in 4 contracts

Samples: Credit Agreement (Energizer Holdings, Inc.), Credit Agreement (Energizer Holdings, Inc.), Credit Agreement (Energizer Holdings, Inc.)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, each Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the Borrower’s Borrowers' business or operations.

Appears in 3 contracts

Samples: Credit Agreement (Kaydon Corp), Credit Agreement (Thomas Industries Inc), Credit Agreement (Kaydon Corp)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrowers and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor any Lender undertakes any responsibility to the any Borrower to review or inform the any Borrower of any matter in connection with any phase of the Borrower’s Borrowers’ business or operations.

Appears in 3 contracts

Samples: Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrowers and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the Borrower’s Borrowers' business or operations.

Appears in 3 contracts

Samples: Credit Agreement (Catalina Marketing Corp/De), Multicurrency Credit Agreement (Crane Co /De/), Multicurrency Credit Agreement (Crane Co /De/)

Nonliability of Lenders. The relationship between among the Borrower, on the one hand, Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business or operations.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Woodward Governor Co), Term Loan Credit Agreement (Woodward, Inc.), Term Loan Credit Agreement (Woodward Governor Co)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrower and ------------------------- the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations.. 10.12

Appears in 3 contracts

Samples: 364 Day Bridge Term Loan Credit Agreement (Energizer Holdings Inc), 364 Day Credit Agreement (Energizer Holdings Inc), Year Revolving Credit Agreement (Energizer Holdings Inc)

Nonliability of Lenders. The relationship between the Borrower, Borrower on the one hand, hand and the Lenders and the Administrative Agent, Agent on the other, other hand shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business or operations.

Appears in 3 contracts

Samples: Credit Agreement (Walgreens Boots Alliance, Inc.), Revolving Credit Agreement (Walgreens Boots Alliance, Inc.), Revolving Credit Agreement (Walgreens Boots Alliance, Inc.)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrowers and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers or the Guarantors. Neither the Administrative Agent nor any Lender undertakes any responsibility to the any Borrower or Guarantor to review or inform the any Borrower or Guarantor of any matter in connection with any phase of the Borrower’s Borrowers’ business or operations.

Appears in 2 contracts

Samples: Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/)

Nonliability of Lenders. The relationship between among the Borrower, on the one hand, Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations.

Appears in 2 contracts

Samples: Credit Agreement (Haynes International Inc), 364 Day Credit Agreement (Wabash National Corp /De)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrowers and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the Borrower’s Borrowers' business or operations.

Appears in 2 contracts

Samples: Credit Agreement (Steelcase Inc), Credit Agreement (Steelcase Inc)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrower and ------------------------- the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Ralston Purina Co), Year Revolving Credit Agreement (Ralston Purina Co)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent Agent, any Issuer nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent Agent, any Issuer nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations.

Appears in 2 contracts

Samples: Assignment Agreement (Dynegy Inc), Credit Agreement (Dynegy Inc)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, and the Lenders and the Administrative Agent, on the other, shall be solely that of borrowers borrower and lender. Neither the Administrative Agent Agent, Arranger nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent Agent, Arranger nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations.

Appears in 2 contracts

Samples: Credit Agreement (Chateau Communities Inc), Credit Agreement (Chateau Communities Inc)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, each Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the Borrower’s Borrowers’ business or operations.

Appears in 2 contracts

Samples: Credit Agreement (Kaydon Corp), Credit Agreement (Kaydon Corp)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrowers and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the Borrower’s Borrowers’ business or operations.

Appears in 1 contract

Samples: Credit Agreement (Catalina Marketing Corp/De)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, and the Lenders and the Administrative Agent, on the otherother hand, shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business or operations.. Section 10.12

Appears in 1 contract

Samples: Credit Agreement (Energizer Holdings, Inc.)

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Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations. The Lenders and the Administrative Agent shall have the obligations set forth in Section 13.4 with respect to confidential information of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Kansas City Power & Light Co)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business or operations. The Lenders and the Administrative Agent shall have the obligations set forth in Section 13.4 with respect to confidential information of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Kansas City Power & Light Co)

Nonliability of Lenders. The relationship between the BorrowerBorrowers, on the one hand, and the Lenders and the Administrative Agent, on the other, shall be solely that of borrowers and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the Borrower’s Borrowers’ business or operations.

Appears in 1 contract

Samples: Credit Agreement (Inland Retail Real Estate Trust Inc)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations.. Table of Contents

Appears in 1 contract

Samples: Credit Agreement (Cna Financial Corp)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, each Borrower and ----------------------- the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the Borrower’s Borrowers' business or operations.

Appears in 1 contract

Samples: Credit Agreement (Roper Industries Inc /De/)

Nonliability of Lenders. The relationship between the BorrowerBorrowers, on the one hand, and the Lenders and the Administrative Agent, on the other, shall be solely that of borrowers and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the Borrower’s Borrowers' business or operations.

Appears in 1 contract

Samples: Credit Agreement (Inland Retail Real Estate Trust Inc)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither lender and neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower Table of any matter in connection with any phase of the Borrower’s business or operations.Contents

Appears in 1 contract

Samples: Credit Agreement (Coca Cola Bottling Co Consolidated /De/)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrowing Entities and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrowerany Borrowing Entity. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower any Borrowing Entity to review or inform the Borrower such Borrowing Entity of any matter in connection with any phase of the Borrower’s such Borrowing Entity's business or operations.

Appears in 1 contract

Samples: Credit Agreement (Interim Services Inc)

Nonliability of Lenders. The relationship between the Borrower, Borrower on the one hand, hand and the Lenders Lenders, the Administrative Agent and the Administrative Agent, Arrangers on the other, other hand shall be solely that of borrowers borrower and lender. Neither None of the Administrative Agent Agent, the Arrangers nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither None of the Administrative Agent Arrangers nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business or operations.

Appears in 1 contract

Samples: Credit Agreement (Walgreens Boots Alliance, Inc.)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Company or the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Company or the Borrower to review or inform the Borrower of any matter in connection with any phase of the Company’s or the Borrower’s business or operations.

Appears in 1 contract

Samples: Term Loan Agreement (Chicago Bridge & Iron Co N V)

Nonliability of Lenders. The relationship between the BorrowerBorrowers, on the one hand, and the Lenders and the Administrative Agent, on the otherother hand, shall be solely that of borrowers and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the Borrower’s Borrowers’ business or operations.

Appears in 1 contract

Samples: Credit Agreement (Steelcase Inc)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrower and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations.or

Appears in 1 contract

Samples: Assignment Agreement (TBC Corp)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Borrowers and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the BorrowerBorrowers. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform the Borrower Borrowers of any matter in connection with any phase of the Borrower’s Borrowers’ business or operations. 10.12.

Appears in 1 contract

Samples: Credit Agreement (Arvinmeritor Inc)

Nonliability of Lenders. The relationship between the Borrower, on the one hand, Loan Parties and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrowerany Loan Party. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Loan Parties to review or inform any of the Borrower Loan Parties of any matter in connection with any phase of the Borrower’s business or operationsoperations of any of the Loan Parties.

Appears in 1 contract

Samples: Term Loan Agreement (Whirlpool Corp /De/)

Nonliability of Lenders. The Administrative Agent, each Lender and their Affiliates may have economic interests that conflict with those of the Borrowers. The relationship between the Borrower, on the one hand, Borrowers and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the any Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower Borrowers to review or inform any of the Borrower Borrowers of any matter in connection with any phase of the Borrower’s business or operationsoperations of any of the Borrowers.

Appears in 1 contract

Samples: Long Term Credit Agreement (Whirlpool Corp /De/)

Nonliability of Lenders. The relationship between among the BorrowerBorrower and the Lenders, on the one handIssuing Lender, and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender nor the Issuing Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent Agent, nor any Lender, nor the Issuing Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations.

Appears in 1 contract

Samples: Credit Agreement (Wabash National Corp /De)

Nonliability of Lenders. The relationship between among the BorrowerBorrower and the Lenders, on the one handIssuing Lender, the Swing Line Lender, and the Lenders and the Administrative Agent, on the other, Agent shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender nor the Issuing Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent Agent, nor any Lender, nor the Issuing Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations.

Appears in 1 contract

Samples: Credit Agreement (Wabash National Corp /De)

Nonliability of Lenders. The relationship between the Borrower, Borrower on the one hand, hand and the Lenders and the Administrative Agent, Agent on the other, other hand shall be solely that of borrowers borrower and lender. Neither the Administrative Agent nor any Lender shall have any fiduciary responsibilities to the Borrower. Neither the Administrative Agent nor any Lender undertakes any responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s 's business or operations.

Appears in 1 contract

Samples: Revolving Credit Agreement (Walgreens Boots Alliance, Inc.)

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