Common use of Debtor-Creditor Relationship Clause in Contracts

Debtor-Creditor Relationship. The relationship between Bank, on the one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. Bank has no (nor shall be deemed to have any) fiduciary relationship or duty to any Loan Party arising out of or in connection with the Loan Documents or the transactions contemplated thereby, and there is no agency or joint venture relationship between Bank, on the one hand, and the Loan Parties, on the other hand, by virtue of any Loan Document or any transaction contemplated therein.

Debtor-Creditor Relationship. The relationship between BankLender, on the one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. Bank has no Lender does not have (nor shall be deemed to have anyhave) any fiduciary relationship or duty to any Loan Party arising out of or in connection with the Loan Documents or the transactions contemplated thereby, and there is no agency or joint venture relationship between BankLender, on the one hand, and the Loan Parties, on the other hand, by virtue of any Loan Document or any transaction contemplated therein.

Debtor-Creditor Relationship. The relationship between Bankthe Lender, on the one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. Bank has no Lender does not have (nor shall be deemed to have anyhave) any fiduciary relationship or duty to any Loan Party arising out of or in connection with the Loan Documents or the transactions contemplated thereby, and there is no agency or joint venture relationship between Bankthe Lender, on the one hand, and the Loan Parties, on the other hand, by virtue of any Loan Document or any transaction contemplated therein.