Pledgor Acknowledgments. The Pledgor hereby acknowledges that (a) the Pledgor has been advised by counsel in the negotiation, execution and delivery of this Agreement, (b) the Secured Party has no fiduciary relationship to the Pledgor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Pledgor and the Secured Party.
Appears in 15 contracts
Samples: Credit Agreement (Graco Inc), Pledge Agreement (Graco Inc), Pledge Agreement (Electromed, Inc.)
Pledgor Acknowledgments. The Pledgor hereby acknowledges ----------------------- that (a) the Pledgor has been advised by counsel in the negotiation, execution and delivery of this Agreement, (b) the Lenders, the Agents and the Secured Party has have no fiduciary relationship to the Pledgor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Pledgor Pledgor, the Lenders, the Agents and the Secured Party.
Appears in 3 contracts
Samples: Pledge Agreement (Omega Cabinets LTD), Pledge Agreement (Omega Cabinets LTD), Pledge Agreement (Omega Cabinets LTD)
Pledgor Acknowledgments. The Pledgor hereby acknowledges that (a) the Pledgor has been advised by counsel in the negotiation, execution and delivery of this Agreement, (b) the Secured Party Bank has no fiduciary relationship to the Pledgor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Pledgor and the Secured PartyBank.
Appears in 2 contracts
Samples: Pledge Agreement (Winmark Corp), Pledge Agreement (Gami Merger Co)
Pledgor Acknowledgments. The Pledgor hereby acknowledges that (a) the Pledgor has been advised by counsel in the negotiation, execution and delivery of this Agreement, (b) the Secured Party has no fiduciary relationship to the Pledgor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Pledgor and the Secured Party. Section 17.
Appears in 2 contracts
Samples: Credit Agreement (Graco Inc), Credit Agreement (Graco Inc)
Pledgor Acknowledgments. The Pledgor hereby acknowledges that (a) the Pledgor has been advised by counsel in the negotiation, execution and delivery of this Agreement, (b) neither the Secured Party nor any Bank has no any fiduciary relationship to the Pledgor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Pledgor and Pledgor, any Bank or the Secured Party.
Appears in 1 contract
Samples: Credit Agreement (Dolan Media CO)
Pledgor Acknowledgments. The Pledgor hereby acknowledges that (a) the Pledgor it has been advised by counsel in the negotiation, execution and delivery of this Agreement, (b) the Secured Party has no fiduciary relationship to the Pledgor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Pledgor and the Secured Party.
Appears in 1 contract
