The Structuring Agent Clause Samples
The "Structuring Agent" clause defines the role and responsibilities of the party designated as the structuring agent in a transaction or agreement. Typically, this clause outlines the agent's duties, such as coordinating the structuring of the deal, advising on transaction terms, and facilitating communication between parties. For example, in a financing arrangement, the structuring agent may help design the financial structure and ensure compliance with regulatory requirements. The core function of this clause is to clearly allocate responsibility for the organization and management of the transaction's structure, thereby promoting efficiency and reducing misunderstandings among the parties involved.
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The Structuring Agent. The Borrower hereby confirms the designation of HSBC SECURITIES (USA) INC., as the Structuring Agent for the Loans. The Structuring Agent assumes no responsibility or obligation hereunder for servicing, enforcement or collection of the Obligations, or any duties as agent for the Lenders. The title “Structuring Agent” implies no fiduciary responsibility on the part of the Structuring Agent to the Administrative Agent, or the Lenders, and the use of such title does not impose on the Structuring Agent any duties or obligations under this Agreement except as may be expressly set forth herein.