Common use of Nonliability of Administrative Agent and Lenders Clause in Contracts

Nonliability of Administrative Agent and Lenders. The relationship between the Borrower, on the one hand, and the Lenders and the Administrative Agent, on the other hand, shall be solely that of borrower and lender. None of the Administrative Agent or any Lender shall have any fiduciary responsibilities to the Borrower and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by the Administrative Agent or any Lender to any Lender, the Borrower or any

Nonliability of Administrative Agent and Lenders. The relationship between the Borrower, Borrower on the one hand, hand and the Lenders and the Administrative Agent, Agent on the other hand, hand shall be solely that of borrower and lender. None of Neither the Administrative Agent or nor any Lender shall have any fiduciary responsibilities to the Borrower and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by Borrower. Neither the Administrative Agent or nor any Lender undertakes any responsibility to any Lender, the Borrower to review or anyinform the Borrower of any matter in connection with any phase of the Borrower’s business or operations.

Nonliability of Administrative Agent and Lenders. The relationship between the Borrower, Borrower on the one hand, hand and the Lenders and the Administrative Agent, Agent on the other hand, hand shall be solely that of borrower and lender. None of Neither the Administrative Agent or nor any Lender shall have any fiduciary responsibilities to the Borrower and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among any of the parties hereto, shall be deemed to create any fiduciary duty owing by Borrower. Neither the Administrative Agent or nor any Lender undertakes any responsibility to Borrower to review or inform Borrower of any Lender, the Borrower matter in connection with any phase of Borrower’s business or anyoperations.