No Fiduciary Relationship Clause Example with 6 Variations from Business Contracts
This page contains No Fiduciary Relationship clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
No Fiduciary Relationship. The Partnership hereby acknowledges that the Underwriters are acting solely as underwriters in connection with the purchase and sale of the Units. The Partnership further acknowledges that the Underwriters are acting pursuant to a contractual relationship created solely by this Agreement entered into on an arm's length basis, and in no event do the parties intend that the Underwriters act or be responsible as a fiduciary to the Partnership, its management, security holders or creditors or any ot...her person in connection with any activity that the Underwriters may undertake or have undertaken in furtherance of the purchase and sale of the Units, either before or after the date hereof. The Underwriters hereby expressly disclaim any fiduciary or similar obligations to the Partnership, either in connection with the transactions contemplated by this Agreement or any matters leading up to such transactions, and the Partnership hereby confirms its understanding and agreement to that effect. The Partnership and the Underwriters agree that they are each responsible for making their own independent judgments with respect to any such transactions and that any opinions or views expressed by the Underwriters to the Partnership regarding such transactions, including, but not limited to, any opinions or views with respect to the price or market for the Units, do not constitute advice or recommendations to the Partnership. The Partnership hereby waives and releases, to the fullest extent permitted by Law, any claims that the Partnership may have against the Underwriters with respect to any breach or alleged breach of any fiduciary or similar duty to the Partnership in connection with the transactions contemplated by this Agreement or any matters leading up to such transactions.View More
Variations of a "No Fiduciary Relationship" Clause from Business Contracts
No Fiduciary Relationship. The Partnership Western Parties hereby acknowledges acknowledge that the Underwriters are acting solely as underwriters in connection with the purchase and sale of the Units. Partnership's securities. The Partnership Western Parties further acknowledges acknowledge that the Underwriters are acting pursuant to a contractual relationship created solely by this Agreement entered into on an arm's length basis, and in no event do the parties intend that the Underwriters act or be responsible as a fid...uciary to the Partnership, its Partnership Entities, their management, security holders or creditors or any other person in connection with any activity that the Underwriters may undertake or have undertaken in furtherance of the purchase and sale of the Units, Notes, either before 36 or after the date hereof. The Underwriters hereby expressly disclaim any fiduciary or similar obligations to the Partnership, Partnership Entities, either in connection with the transactions contemplated by this Agreement or any matters leading up relating to such transactions, and the Partnership each Western Party hereby confirms its understanding and agreement to that effect. The Partnership Western Parties and the Underwriters agree that they are each responsible for making their own independent judgments with respect to any such transactions and that any opinions or views expressed by the Underwriters to the Partnership Entities regarding such transactions, including, but not limited to, any opinions or views with respect to the price or market for the Units, Partnership's securities, do not constitute advice or recommendations to the Partnership. The Partnership Entities. Each Western Party hereby waives and releases, to the fullest extent permitted by Law, law, any claims that the Partnership it may have against the Underwriters with respect to any breach or alleged breach of any fiduciary or similar duty to the Partnership Entities in connection with the transactions contemplated by this Agreement or any matters leading up relating to such transactions. View More
No Fiduciary Relationship. The Partnership Western Gas Parties hereby acknowledges acknowledge that the Underwriters are acting solely as underwriters in connection with the purchase and sale of the Units. Partnership's securities. The Partnership Western Gas Parties further acknowledges acknowledge that the Underwriters are acting pursuant to a contractual relationship created solely by this Agreement entered into on an arm's length basis, and in no event do the parties intend that the Underwriters act or be responsible ...as a fiduciary to the Partnership, its Partnership Entities, their management, security holders or creditors or any other person in connection with any activity that the Underwriters may undertake or have undertaken in furtherance of the purchase and sale of the Units, Notes, either before or after the date hereof. The Underwriters hereby expressly disclaim any fiduciary or similar obligations to the Partnership, Partnership Entities, either in connection with the transactions contemplated by this Agreement or any matters leading up relating to such transactions, and the Partnership each Western Gas Party hereby confirms its understanding and agreement to that effect. The Partnership Western Gas Parties and the Underwriters agree that they are each responsible for making their own independent judgments with respect to any such transactions and that any opinions or views expressed by the 34 Underwriters to the Partnership Entities regarding such transactions, including, but not limited to, any opinions or views with respect to the price or market for the Units, Partnership's securities, do not constitute advice or recommendations to the Partnership. The Partnership Entities. Each Western Gas Party hereby waives and releases, to the fullest extent permitted by Law, law, any claims that the Partnership it may have against the Underwriters with respect to any breach or alleged breach of any fiduciary or similar duty to the Partnership Entities in connection with the transactions contemplated by this Agreement or any matters leading up relating to such transactions. View More
No Fiduciary Relationship. The Partnership Western Gas Parties hereby acknowledges acknowledge that the Underwriters are acting solely as underwriters in connection with the purchase and sale of the Units. Partnership's securities. The Partnership Western Gas Parties further acknowledges acknowledge that the Underwriters are acting pursuant to a contractual relationship created solely by this Agreement entered into on an arm's length basis, and in no event do the parties intend that the Underwriters act or be responsible ...as a fiduciary to the Partnership, its Partnership Entities, their management, security holders or creditors or any other person in connection with any activity that the Underwriters may undertake or have undertaken in furtherance of the purchase and sale of the Units, Notes, either before or after the date hereof. The Underwriters hereby expressly disclaim any fiduciary or similar obligations to the Partnership, Partnership Entities, either in connection with the transactions contemplated by this Agreement or any matters leading up relating to such transactions, and the Partnership each Western Gas Party hereby confirms its understanding and agreement to that effect. The Partnership Western Gas Parties and the Underwriters agree that they are each responsible for making their own independent judgments 32 with respect to any such transactions and that any opinions or views expressed by the Underwriters to the Partnership Entities regarding such transactions, including, but not limited to, any opinions or views with respect to the price or market for the Units, Partnership's securities, do not constitute advice or recommendations to the Partnership. The Partnership Entities. Each Western Gas Party hereby waives and releases, to the fullest extent permitted by Law, law, any claims that the Partnership it may have against the Underwriters with respect to any breach or alleged breach of any fiduciary or similar duty to the Partnership Entities in connection with the transactions contemplated by this Agreement or any matters leading up relating to such transactions. View More
No Fiduciary Relationship. The Partnership and the General Partner each hereby acknowledges acknowledge that the Underwriters are acting solely as underwriters in connection with the purchase and sale of the Units. Partnership's securities. The Partnership and the General Partner further acknowledges acknowledge that the Underwriters are acting pursuant to a contractual relationship created solely by this Agreement entered into on an arm's length basis, and in no event do the parties intend that the Underwriters act or be... responsible as a fiduciary to the Partnership, any MPLX Entity, its management, security holders securityholders or creditors or any other person in connection with any activity that the Underwriters may undertake or have has undertaken in furtherance of the purchase and sale of the Units, Partnership's securities, either before or after the date hereof. The Underwriters hereby expressly disclaim any fiduciary or similar obligations to the Partnership, MPLX Entities, either in connection with the transactions contemplated by this Agreement or any matters leading up to such transactions, and each of the Partnership and the General Partner hereby confirms its understanding and agreement to that effect. The Partnership Partnership, the General Partner and the Underwriters agree that they are each responsible for making their own independent judgments with respect to any such transactions and that any opinions or views expressed by the Underwriters to the Partnership and the General Partner regarding such transactions, including, but not limited to, any opinions or views with respect to the price or market for the Units, Partnership's securities, do not constitute advice or recommendations to the Partnership. Partnership and the General Partner. The Partnership, the General Partner and the Underwriters agree that the Underwriters are acting as principal and not the agent or fiduciary of the Partnership or the General Partner, and no Underwriter has assumed, and 17 none of them will assume, any advisory responsibility in favor of the Partnership or the General Partner with respect to the transactions contemplated hereby or the process leading thereto (irrespective of whether any Underwriter has advised or is currently advising any of the MPLX Entities.) The Partnership hereby waives and releases, to the fullest extent permitted by Law, law, any claims that the Partnership party may have against the Underwriters with respect to any breach or alleged breach of any fiduciary fiduciary, advisory or similar duty to the Partnership such party in connection with the transactions contemplated by this Agreement or any matters leading up to such transactions. View More
No Fiduciary Relationship. The Partnership Western Gas Parties hereby acknowledges acknowledge that the Underwriters are acting solely as underwriters in connection with the purchase and sale of the Units. Partnership's securities. The Partnership Western Gas Parties further acknowledges acknowledge that the Underwriters are acting pursuant to a contractual relationship created solely by this Agreement entered into on an arm's length basis, and in no event do the parties intend that the Underwriters act or be responsible ...as a fiduciary to the Partnership, its Partnership Entities, their management, security holders or creditors or any other person in connection with any activity that the Underwriters may undertake or have undertaken in furtherance of the purchase and sale of the Units, Notes, either before or after the date hereof. The Underwriters hereby expressly disclaim any fiduciary or similar obligations to the Partnership, Partnership Entities, either in connection with the transactions contemplated by this Agreement or any matters leading up relating to such transactions, and the Partnership each Western Gas Party hereby confirms its understanding and agreement to that effect. The Partnership Western Gas Parties and the Underwriters agree that they are each responsible for making their own independent judgments with respect to any such transactions and that any opinions or views expressed by the Underwriters to the Partnership Entities regarding such transactions, including, but not limited to, any opinions or views with respect to the price or market for the Units, Partnership's securities, do not constitute advice or recommendations to the Partnership. The Partnership Entities. Each Western Gas Party hereby waives and releases, to the fullest extent permitted by Law, law, any claims that the Partnership it may have against the Underwriters with respect to any breach or alleged breach of any fiduciary or similar duty to the Partnership Entities in connection with the transactions contemplated by this Agreement or any matters leading up relating to such transactions. View More
No Fiduciary Relationship. The Partnership hereby acknowledges that the Underwriters are acting solely as underwriters in connection with the purchase and sale of the Units. Partnership's securities. The Partnership further acknowledges that the Underwriters are acting pursuant to a contractual relationship created solely by this Agreement entered into on an arm's length basis, and in no event do the parties intend that the Underwriters act or be responsible as a fiduciary to the Partnership, its management, security hold...ers stockholders or creditors or any other person in connection with any activity that the Underwriters may undertake or have has undertaken in furtherance of the purchase and sale of the Units, Partnership's securities, either before or after the date hereof. The Underwriters hereby expressly disclaim any fiduciary or similar obligations to the Partnership, either in connection with the transactions contemplated by this Agreement or any matters leading up to such transactions, and the Partnership hereby confirms its understanding and agreement to that effect. The Partnership and the Underwriters agree that they are each responsible for making their own independent judgments with respect to any such transactions and that any opinions or views expressed by the Underwriters to the Partnership regarding such transactions, including, but not limited to, any opinions or views with respect to the price or market for the Units, Partnership's securities, do not constitute advice or recommendations to the Partnership. The Partnership and the Underwriters agree that the Underwriters are acting as principal and not the agent or fiduciary of the Partnership and no Underwriter has assumed, and none of them will assume, any advisory responsibility in favor of the Partnership with respect to the transactions contemplated hereby or the process leading thereto (irrespective of whether any Underwriter has advised or is currently advising the Partnership on other matters). The Partnership hereby waives and releases, to the fullest extent permitted by Law, law, any claims that the Partnership may have against the Underwriters with respect to any breach or alleged breach of any fiduciary fiduciary, advisory or similar duty to the Partnership in connection with the transactions contemplated by this Agreement or any matters leading up to such transactions. 33 16. Counterparts. This Agreement may be signed by the parties in one or more counterparts which together shall constitute one and the same agreement among the parties. View More
