Syndication Agent and Documentation Agent Sample Clauses
The 'Syndication Agent and Documentation Agent' clause defines the roles and responsibilities of the parties designated as the Syndication Agent and the Documentation Agent in a syndicated loan agreement. Typically, the Syndication Agent is responsible for managing the syndication process, which involves coordinating with potential lenders and facilitating the distribution of loan commitments, while the Documentation Agent oversees the preparation, negotiation, and finalization of the loan documentation. This clause clarifies the scope of authority and duties for each agent, ensuring that all parties understand who is responsible for specific administrative and procedural tasks, thereby promoting efficiency and reducing the risk of misunderstandings during the loan process.
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Syndication Agent and Documentation Agent. Notwithstanding anything to the contrary in this Agreement, the Syndication Agent and Documentation Agent, in such capacities, shall have no obligations, duties or responsibilities, and shall incur no liabilities, under this Agreement or any other Document.
Syndication Agent and Documentation Agent. Neither the Syndication Agent nor the Documentation Agent shall have any duties or responsibilities hereunder in its capacity as such.
Syndication Agent and Documentation Agent. The Banks identified on the title page as “Syndication Agent” and “Documentation Agent” shall have no right, power, obligation or liability under this Agreement or any other Loan Document other than those applicable to all Banks as such. Each Bank acknowledges that it has not relied, and will not rely, on any Bank so identified in deciding to enter into this Agreement or in taking or omitting any action hereunder.
Syndication Agent and Documentation Agent. Nothing in this Agreement shall impose upon the Syndication Agent or the Documentation Agent, in their respective capacities as such, any duty or responsibility whatsoever.
Syndication Agent and Documentation Agent. None of the Banks identified on the facing page or signature pages of this Agreement as the Syndication Agent or the Documentation Agent shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than those applicable to all Banks as such. Without limiting the foregoing, none of the Banks so identified as the Syndication Agent or the Documentation Agent shall have or be deemed to have any fiduciary relationship with any Bank. Each Bank acknowledges that it has not relied, and will not rely, on any of the Banks so identified in deciding to enter into this Agreement or in taking or not taking action hereunder.
Syndication Agent and Documentation Agent. The parties hereto acknowledge and agree that no Person shall have, by reason of its designation as Syndication Agent or Documentation Agent, any power, duty, responsibility or liability whatsoever under this Agreement or any other Loan Document.
Syndication Agent and Documentation Agent. The titles "Syndication Agent" and "Documentation Agent" given to certain Lenders named on the cover page of this Agreement are purely honorific, and no Syndication Agent or Documentation Agent, as the case may be, in its capacity as such, shall have any liabilities, duties or responsibilities hereunder.
Syndication Agent and Documentation Agent. The Lenders identified on the signature pages of this Agreement as the "Syndication Agent" and the "Documentation Agent" shall not have any right, power, obligation, liability, responsibility or duty under this Agreement (or any other Loan Document) other than those applicable to all Lenders as such. Without limiting the foregoing, the Lenders so identified as "Syndication Agent" and "Documentation Agent" shall not have or be deemed to have any fiduciary relationship with any other Lender. Each Lender acknowledges that it has not relied, and will not rely, on the Lenders so identified as "Syndication Agent" and as "Documentation Agent" in deciding to enter into this Agreement and each other Loan Document to which it is a party or in taking or not taking action hereunder or thereunder.
Syndication Agent and Documentation Agent. Notwithstanding any provision to the contrary contained elsewhere in this Agreement or in any other Loan Document, neither the Syndication Agent nor the Documentation shall have any duties or responsibilities, nor shall the Syndication Agent or the Documentation Agent have or be deemed to have any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against the Syndication Agent or the Documentation Agent. Reference to this Agreement in any Loan Document need not make reference to the Syndication Agent or the Documentation Agent. The title “Syndication Agent” shall be personal to ▇▇▇▇▇▇▇▇▇ Financial Cayman Ltd. only and shall not be transferred or assigned to any other Person. The title “Documentation Agent” shall be personal to NewStar Financial, Inc. only and shall not be transferred or assigned to any other Person.
Syndication Agent and Documentation Agent. Neither the Syndication Agent nor the Documentation Agent, in such capacity, shall have any right, power, obligation, liability, duty or responsibility whatsoever under the Loan Documents, and neither the Syndication Agent nor the Documentation Agent shall be deemed to have any fiduciary relationship with any Lender. Each Lender acknowledges that it has not relied, and will not rely, on either the Syndication Agent or the Documentation Agent in deciding to enter into this Agreement or in taking or not taking any action hereunder.