Obligations Solely Contractual in Nature; No Fiduciary Relationship. The Depositor acknowledges and agrees that the responsibility to the Depositor of the Underwriters pursuant to this Agreement is solely contractual in nature and that none of the Underwriters or their affiliates will be acting in a fiduciary or advisory capacity, or will otherwise owe any fiduciary or advisory duty, to the Depositor pursuant to this Agreement in connection with the offering of the Registered Certificates and the other transactions contemplated by this Agreement.
Appears in 34 contracts
Samples: Underwriting Agreement (BBCMS Mortgage Trust 2024-C24), Underwriting Agreement (BBCMS Mortgage Trust 2023-5c23), Underwriting Agreement (BBCMS Mortgage Trust 2023-C22)
Obligations Solely Contractual in Nature; No Fiduciary Relationship. The Depositor acknowledges and agrees that the responsibility to the Depositor of the Underwriters pursuant to this Agreement is solely contractual in nature and that none of the Underwriters or their affiliates will be acting in a fiduciary or advisory capacity, or will otherwise owe any fiduciary or advisory duty, to the Depositor pursuant to this Agreement in connection with the offering of the Registered Underwritten Certificates and the other transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Underwriting Agreement (Wells Fargo Commercial Mortgage Securities Inc)