{"component": "clause", "props": {"groups": [{"samples": [{"hash": "3i6yrvTti2B", "uri": "/contracts/3i6yrvTti2B#titled-agents", "label": "Second Amendment to Fifth Amended and Restated Credit Agreement (LGI Homes, Inc.)", "score": 33.3340187073, "published": true}, {"hash": "isUbueBpeoY", "uri": "/contracts/isUbueBpeoY#titled-agents", "label": "Credit Agreement (LGI Homes, Inc.)", "score": 32.3374404907, "published": true}, {"hash": "15atH66v1b", "uri": "/contracts/15atH66v1b#titled-agents", "label": "Credit Agreement (LGI Homes, Inc.)", "score": 31.3408622742, "published": true}], "size": 205, "snippet": "Each of the Arranger and Documentation Agents (each, a \u201cTitled Agent\u201d), in such respective capacity, assumes no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of any of the Loans, nor any duties as an agent hereunder for the Lenders. 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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, any Issuing Lender, the Borrower or any other Credit 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.", "snippet_links": [{"key": "the-syndication-agent", "type": "definition", "offset": [8, 29]}, {"key": "lead-arrangers", "type": "clause", "offset": [34, 48]}, {"key": "joint-book-runners", "type": "definition", "offset": [50, 68]}, {"key": "documentation-agents", "type": "definition", "offset": [76, 96]}, {"key": "no-responsibility", "type": "clause", "offset": [163, 180]}, {"key": "without-limitation", "type": "clause", "offset": [217, 235]}, {"key": "the-loans", "type": "clause", "offset": [288, 297]}, {"key": "agent-hereunder", 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Anything herein to the contrary notwithstanding, none of the Bookrunners, Book Managers, Arrangers, Joint Lead Arrangers or other titled agents listed on the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, a Lender or the Issuing Bank hereunder.", "snippet_links": [{"key": "each-lender", "type": "clause", "offset": [0, 11]}, {"key": "each-loan-party", "type": "definition", "offset": [16, 31]}, {"key": "documentation-agent", "type": "definition", "offset": [48, 67]}, {"key": "syndication-agent", "type": "clause", "offset": [99, 116]}, {"key": "no-duties", "type": "clause", "offset": [199, 208]}, {"key": "any-loan", "type": "clause", "offset": [230, 238]}, {"key": "book-managers", "type": "definition", "offset": [356, 369]}, {"key": "joint-lead-arrangers", "type": "clause", "offset": [382, 402]}, {"key": "cover-page", "type": "clause", "offset": [440, 450]}, {"key": "agreement-or", "type": "definition", "offset": [519, 531]}, {"key": "other-loan-documents", "type": "clause", "offset": [543, 563]}, {"key": "the-administrative-agent", "type": "definition", "offset": [607, 631]}, {"key": "a-lender", "type": "definition", "offset": [633, 641]}, {"key": "the-issuing-bank", "type": "clause", "offset": [645, 661]}], "hash": "212c017bf698a361f7a5c61095743ae5", "id": 9}, {"samples": [{"hash": "5KCrIphtqHZ", "uri": "/contracts/5KCrIphtqHZ#titled-agents", "label": "Credit Agreement (CBL & Associates Properties Inc)", "score": 21.0, "published": true}, {"hash": "7jAcRdiChMU", "uri": "/contracts/7jAcRdiChMU#titled-agents", "label": "Credit Agreement (CBL & Associates Properties Inc)", "score": 19.0, "published": true}], "size": 10, "snippet": "Each Documentation Agent, the Syndication Agent and each Co-Lead Arranger (each a \"Titled Agent\") in each such respective capacity, assumes no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of any of the Loans, 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 Parent, 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.", "snippet_links": [{"key": "documentation-agent", "type": "definition", "offset": [5, 24]}, {"key": "the-syndication-agent", "type": "definition", "offset": [26, 47]}, {"key": "lead-arranger", "type": "definition", "offset": [60, 73]}, {"key": "no-responsibility", "type": "clause", "offset": [140, 157]}, {"key": "without-limitation", "type": "clause", "offset": [194, 212]}, {"key": "the-loans", "type": "clause", "offset": [265, 274]}, {"key": "agent-hereunder", "type": "clause", "offset": [297, 312]}, {"key": "the-lenders", "type": "clause", "offset": [317, 328]}, {"key": "no-fiduciary-responsibility", "type": "clause", "offset": [399, 426]}, {"key": "the-administrative-agent", "type": "definition", "offset": [463, 487]}, {"key": "the-parent", "type": "definition", "offset": [501, 511]}, {"key": "the-borrower", "type": "definition", "offset": [513, 525]}, {"key": "loan-party", "type": "clause", "offset": [539, 549]}, {"key": "other-lender", "type": "definition", "offset": [666, 678]}], "hash": "19873147e372ff2d0de5cf19559f9325", "id": 10}], "next_curs": "ClYSUGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjILEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhZ0aXRsZWQtYWdlbnRzIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"parents": [["the-administrative-agent", "The Administrative Agent"], ["the-agent", "The Agent"], ["survival-of-covenants-etc", "SURVIVAL OF COVENANTS, ETC"], ["assignment-and-participation", "Assignment and Participation"], ["enforcement-by-administrative-agent", "Enforcement by Administrative Agent"]], "title": "Titled Agents", "size": 671, "children": [["notices", "Notices"], ["successors-and-assigns", "Successors and Assigns"], ["expenses", "Expenses"], ["litigation-jurisdiction-other-matters-waivers", "Litigation; Jurisdiction; Other Matters; Waivers"], ["confidentiality", "Confidentiality"]], "id": "titled-agents", "related": [["the-administrative-agents-duty-of-care", "The Administrative Agent\u2019s Duty of Care", "The Administrative Agent\u2019s Duty of Care"], ["nonliability-of-administrative-agent-and-lenders", "Nonliability of Administrative Agent and Lenders", "Nonliability of Administrative Agent and Lenders"], ["the-agents", "The Agents", "The Agents"], ["liability-of-administrative-agent", "Liability of Administrative Agent", "Liability of Administrative Agent"], ["duty-of-administrative-agent", "Duty of Administrative Agent", "Duty of Administrative Agent"]], "related_snippets": [], "updated": "2026-05-30T06:04:11+00:00", "also_ask": ["What are the minimum qualifications and authority levels that must be specified for Titled Agents?", "How can parties limit or expand the powers of Titled Agents to align with their strategic interests?", "What are the key risks if the scope of a Titled Agent\u2019s authority is ambiguously drafted?", "How do Titled Agent provisions compare to general agency clauses under relevant law?", "What factors do courts consider when determining the enforceability of actions taken by Titled Agents?"], "drafting_tip": "Specify which agents are considered 'titled' to prevent misinterpretation; define their authority to clarify responsibilities; require written designation to ensure enforceability.", "explanation": "The \"Titled Agents\" clause defines the roles and authority of individuals or entities designated as agents under the agreement. It typically specifies which persons or organizations are authorized to act on behalf of a party, such as signing documents, making decisions, or communicating official notices. For example, a company might appoint a specific manager or legal representative as its agent for contract purposes. This clause ensures clarity about who has the legal power to represent each party, thereby reducing confusion and preventing unauthorized actions."}, "json": true, "cursor": ""}}