No Fiduciary Relationship Clause Example from Business Contracts

No Fiduciary Relationship. Each of the Company and the Operating Partnership acknowledges and agrees that [Name of Agent] is acting solely in the capacity of an arm's length contractual counterparty to the Company and the Operating Partnership with respect to the offering of Shares contemplated hereby (including in connection with determining the terms of the offering) and not as a financial advisor or a fiduciary to, or an agent of, the Company, the Operating Partnership or any other person. Additionally, [Name of Agent]... is not advising the Company, the Operating Partnership or any other person as to any legal, tax, investment, accounting or regulatory matters in any jurisdiction. The Company and the Operating Partnership shall consult with their own advisors concerning such matters and shall be responsible for making their own independent investigations and appraisals of the transactions contemplated hereby, and [Name of Agent] shall have no responsibility or liability to the Company or the Operating Partnership with respect thereto. Any review by [Name of Agent] of the Company, the Operating Partnership, the transactions contemplated hereby or other matters relating to such transactions will be performed solely for the benefit of [Name of Agent] and shall not be on behalf of the Company or the Operating Partnership. View More