Examples of Joint Book Runner in a sentence
Accordingly, there may be situations where the Administrative Agent, a Joint Lead Arranger, a Joint Book Runner, a Co-Documentation Agent, the Syndication Agent, a Bank, an Issuing Bank or their Affiliates and/or their clients either now have or may in the future have interests, or take actions, that may conflict with the Borrowers’ and their Subsidiaries’ interests.
No Lender identified in this Agreement as the Syndication Agent, Lead Arranger, Joint Book Runner or a Co-Documentation Agent shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than those applicable to all Lenders as such.
The Arrangers, Joint Book Runners and any other agents identified on the cover sheet hereof (other than the Administrative Agent) shall have no duties, obligations or liabilities hereunder in its capacity as an Arranger, Joint Book Runner and such other agent.
Each of the Lenders, the Swing Line Banks, each of the Fronting Banks and each of the Borrowers acknowledges (A) that each of the Lead Arrangers in their capacity as Lead Arranger, Joint Book Runner, Syndication Agent, Documentation Agents, and Co-Documentation Agent do not have any responsibility or liability hereunder, and (B) that the titles “Lead Arranger,” are purely honorary in nature.
The Lenders shall have no right to replace any Arranger, Joint Book Runner or any such agent, and the Arrangers, Joint Book Runners and such other agents shall not have the right to assign its status as an arranger, book runner or such agent, as applicable, to any Person.