Common use of Titled Agents Clause in Contracts

Titled Agents. Each of the Sole Lead Arranger and Sole Book Runner (each a “Titled Agent”) in each such respective capacity, assumes no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of the Loan, nor any duties as an agent hereunder for the Lenders. The titles given to the Titled Agents are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents to the Administrative Agent, any Lender, Borrower or any other Loan Party and the use of such titles does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle the Titled Agents to any rights other than those to which any other Lender is entitled.

Appears in 3 contracts

Sources: Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.)

Titled Agents. Each of the Sole Lead Arranger and Sole Book Runner (each a “Titled Agent”) Agents in each such respective capacity, assumes no responsibility or obligation obligations hereunder, including, without limitation, for servicing, servicing enforcement or collection of any of the LoanLoans, nor any duties as an agent hereunder for the Lenders. The titles given to the Titled Agents of “Joint Lead Arranger and Joint Bookrunner” and “Syndication Agent” are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents to the Administrative Agent, any Lender, the Borrower or any other Loan Party Lender and the use of such titles does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle the Titled Agents to any rights other than those to which any other Lender is entitled.

Appears in 2 contracts

Sources: Credit Agreement (Wells Core Office Income Reit Inc), Credit Agreement (Wells Core Office Income Reit Inc)

Titled Agents. Each of the Sole Lead Arranger and Sole Book Runner (each a “Titled Agent”) Agents in each such respective capacity, assumes no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of any of the LoanLoans, nor or for any duties as an agent hereunder for the Lenders. The titles given to the Titled Agents of “Joint Lead Arranger”, “Joint Book Runner” and “Syndication Agent” are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents to the Administrative Agent, any Lender, the Borrower or any other Loan Party Lender and the use of such titles does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle the Titled Agents to any rights other than those to which any other Lender is entitled.

Appears in 2 contracts

Sources: Term Loan Agreement (Piedmont Office Realty Trust, Inc.), Term Loan Agreement (Piedmont Office Realty Trust, Inc.)

Titled Agents. Each of the Sole Lead Arranger and Sole Book Runner Bookrunner (each a “Titled Agent”) in each such respective capacity, assumes assumed no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of the Loan, Loan nor any duties as an agent hereunder for the Lenders. The titles given to the Titled Agents are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents to the Administrative Agent, any Lender, the Borrower or any other Loan Party and the use of such titles does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle the Titled Agents to any rights other than those to which any other Lender is entitled.

Appears in 2 contracts

Sources: Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)

Titled Agents. Each of the Sole Lead Arranger and Sole Book Runner (each a “Titled Agent”) Agents in each such respective capacity, assumes no responsibility or obligation hereunder, including, without limitation, for servicing, servicing enforcement or collection of any of the LoanLoans, nor any duties as an agent hereunder for the Lenders. The titles given to the Titled Agents of “Joint Lead Arranger”, “Sole Book Runner”, “Syndication Agent” and “Documentation Agent” are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents to the Administrative Agent, any Lender, the Borrower or any other Loan Party Lender and the use of such titles does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle the Titled Agents to any rights other than those to which any other Lender is entitled.

Appears in 2 contracts

Sources: Credit Agreement (Hospitality Properties Trust), Credit Agreement (Hospitality Properties Trust)

Titled Agents. Each of the Sole Lead Arranger and Sole Book Runner (each a “Titled Agent”) Agents in each such respective capacity, assumes no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of any of the LoanLoans, nor any duties as an agent hereunder for the Lenders. The titles given to the Titled Agents of “Sole Lead Arranger”, “Book Manager”, “Syndication Agent” and “Documentation Agent” are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents to the Administrative Agent, any Lender, the Borrower or any other Loan Party Lender and the use of such titles does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle the Titled Agents to any rights other than those to which any other Lender is entitled.

Appears in 2 contracts

Sources: Credit Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co)

Titled Agents. Each of the Sole Lead Arranger and Sole Book Runner (each a “Titled Agent”) Agents in each such respective capacity, assumes no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of any of the LoanLoans, nor any duties as an agent hereunder for the Lenders. The titles given to the Titled Agents of “Joint Lead Arranger”, “Joint Bookrunner”, “Syndication Agent” and “Documentation Agent” are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents to the Administrative Agent, any Lender, the Borrower or any other Loan Party Lender and the use of such titles does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle the Titled Agents to any rights other than those to which any other Lender is entitled.

Appears in 2 contracts

Sources: Term Loan Agreement (UDR, Inc.), Term Loan Agreement (UDR, Inc.)

Titled Agents. Each of the Sole Lead Arranger Arranger, Documentation Agent and Sole Book Runner Bookrunner (each a “Titled Agent”) in each such respective capacity, assumes assumed no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of the Loan, Loan nor any duties as an agent hereunder for the Lenders. The titles given to the Titled Agents are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents to the Administrative Agent, any Lender, the Borrower or any other Loan Party and the use of such titles does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle the Titled Agents to any rights other than those to which any other Lender is entitled.

Appears in 1 contract

Sources: Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)

Titled Agents. Each of the Sole Lead Arranger and Sole Book Runner (each a “Titled Agent”) Agents in each such respective capacity, assumes no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of any of the LoanLoans, nor any duties as an agent hereunder for the Lenders. The titles given to the Titled Agents of “Joint Lead Arranger”, “Joint Book Manager” and “Syndication Agent” are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents to the Administrative Agent, any Lender, the Borrower or any other Loan Party Lender and the use of such titles does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle the Titled Agents to any rights other than those to which any other Lender is entitled.

Appears in 1 contract

Sources: Credit Agreement (Kite Realty Group Trust)

Titled Agents. Each of the Sole Lead Arranger and Sole Book Runner (each a “Titled Agent”) in each such respective capacity, assumes no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of the Loan, nor any duties as an agent hereunder for the Lenders. The titles given to the Titled Agents are solely honorific and imply no fiduciary responsibility on the part of the Titled Agents to the Administrative Agent, any Lender, Borrower Borrowers or any other Loan Party and the use of such titles does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle the Titled Agents to any rights other than those to which any other Lender is entitled.

Appears in 1 contract

Sources: Loan Agreement (KBS Real Estate Investment Trust III, Inc.)