Examples of Joint Book Runners in a sentence
Each of the Syndication Agent, Co-Lead Arrangers, Joint Book Runners and Co-Documentation Agents (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.
Without limiting the foregoing, each of the Joint Lead Arrangers and Joint Book Runners, in such capacities, shall not have or be deemed to have any fiduciary relationship with any Lender or any Loan Party.
Potential investors should also be aware that the Joint Book runners may hold from time to time debt securities or/and other financial instruments of the Issuer.Within the framework of normal business relationship with its banks, the Issuer or any subsidiary could enter into or has entered into loan agreements and other facilities with the Joint Book Runners (via bilateral transactions or/and syndicated loans together with other banks).
Each of the Joint Lead Arrangers and Joint Book Runners, in such capacities, shall not have any right, power, obligation, liability, responsibility, or duty under this Agreement other than those applicable to it in its capacity as a Lender, as Agent, as Swing Lender, or as Issuing Bank.
Any full or partial repayment of credit facilities granted by the Joint Book Runners will, at that time, have a favorable impact on the exposure of the Joint Book Runners vis-à-vis the Issuer.