Common use of No Partnership, Joint Venture or Agency Clause in Contracts

No Partnership, Joint Venture or Agency. This Loan Agreement and the other Loan Documents shall not in any respect be interpreted, deemed or construed as making Bank a partner or joint venturer with Borrower, nor shall they or any of them be interpreted, deemed or construed as making Bank the agent or representative of Borrower. The relationship of Bank to Borrower is that of a creditor to an obligor or debtor; and in furtherance thereof and in explanation thereof, Bank has no fiduciary, trust, guardian, representative, partnership, joint venturer and other similar relationship to or with Borrower and no such relationship shall be drawn and implied from any of the Loan Documents or any of Bank’s actions and inactions hereunder or with respect hereto – and, Bank has no obligation to Borrower and any other person relative to administration of the Loan and administration of the Collateral, or any part or parts thereof or interests therein. In no event shall Bank be liable for debts and claims accruing or arising against Borrower.

No Partnership, Joint Venture or Agency. This Loan Agreement and the other Loan Documents shall not in any respect be interpreted, deemed or construed as making Bank a partner or joint venturer with Borrower, nor shall they or any of them be interpreted, deemed or construed as making Bank the agent or representative of Borrower. The relationship of Bank to Borrower is that of a creditor to an obligor or debtor; and in furtherance thereof and in explanation thereof, Bank has no fiduciary, trust, guardian, representative, partnership, joint venturer and other similar relationship to or with Borrower and no such relationship shall be drawn and implied from any of the Loan Documents or any of Bank’s actions and inactions hereunder or with respect hereto – and, Bank has no obligation to Borrower and any other person Person relative to administration of the Loan and administration of the Collateral, or any part or parts thereof or interests therein. In no event shall Bank be liable for debts and claims accruing or arising against Borrower.

No Partnership, Joint Venture or Agency. This Loan Agreement and the other Loan Documents shall not in any respect be interpreted, deemed or construed as making Bank a partner or joint venturer with Borrower, nor shall they or any of them be interpreted, deemed or construed as making Bank the agent or representative of Borrower. The relationship of Bank to Borrower is that of a creditor to an obligor or debtor; and in furtherance thereof and in explanation thereof, Bank has no fiduciary, trust, guardian, representative, partnership, joint venturer and other similar relationship to or with Borrower and no such relationship shall be drawn and implied from any of the Loan Documents or any of Bank’s 's actions and inactions hereunder or with respect hereto – - and, Bank has no obligation to Borrower and any other person relative to administration of the Loan and administration of the Collateral, or any part or parts thereof or interests therein. In no event shall Bank be liable for debts and claims accruing or arising against Borrower.