Common use of Syndication Agents Clause in Contracts

Syndication Agents. As Syndication Agents, none of BNP Paribas, First Union National Bank or ▇▇▇▇▇ Fargo Bank, N.A. shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than those applicable to all Lenders as such. Without limiting the foregoing, none of BNP Paribas, First Union National Bank or ▇▇▇▇▇ Fargo Bank, N.A. shall have any or be deemed to have any fiduciary relationship with any Lender. Each Lender acknowledges that it has not relied, and will not rely, on BNP Paribas, First Union National Bank or ▇▇▇▇▇ Fargo Bank, N.A. in deciding to enter into this Agreement or in not taking action hereunder or under the Loan Documents.

Appears in 4 contracts

Sources: Credit Agreement (Sierra Pacific Resources), Credit Agreement (Sierra Pacific Power Co), Credit Agreement (Sierra Pacific Resources)