No Fiduciary Relationship Clause Example from Business Contracts
This example No Fiduciary Relationship clause appears in
4 contracts
from
1 company
No Fiduciary Relationship. The Company acknowledges and agrees that (i) the offer and sale of Shares pursuant to this Agreement (including pursuant to any Terms Agreement) is an arm's-length commercial transaction between the Company, on the one hand, and the applicable Manager, on the other, (ii) in connection therewith and with the process leading to such transaction, no Manager is acting as a fiduciary of the Company, (iii) no Manager has assumed an advisory or fiduciary responsibility in favor of the Company with resp...ect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Manager has advised or is currently advising the Company on other matters) or any other obligation to the Company except the obligations expressly set forth in this Agreement and any applicable Terms Agreement and (iv) the Company has consulted its own legal and financial advisors to the extent it deemed appropriate. The Company agrees that it will not claim that the Managers, or any of them, has rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the Company, in connection with such transaction or the process leading thereto.View More
