Relationship. Each Loan Party agrees that the relationship between Administrative Agent and Borrowers and between each Lender and Borrowers is that of creditor and debtor and not that of partners or joint venturers. This Agreement does not constitute a partnership agreement, or any other association between Administrative Agent and any Loan Party or between any Lender and any Loan Party. Each Loan Party acknowledges that Administrative Agent and each Lender has acted at all times only as a creditor to Borrowers within the normal and usual scope of the activities normally undertaken by a creditor and in no event has Administrative Agent or any Lender attempted to exercise any control over any Loan Party or its business or affairs. Each Loan Party further acknowledges that Administrative Agent and each Lender has not taken or failed to take any action under or in connection with its respective rights under the Credit Agreement or any of the other Loan Documents that in any way or to any extent has interfered with or adversely affected such Loan Parties' ownership of Collateral.
Relationship of Parties. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship among the Loan Party agrees thatParties, the relationship between Administrative Agent and Borrowers and between each Lender and Borrowersthe Lenders, nor is that of creditor and debtor and not that of partnersthis Agreement intended to change or joint venturers. This Agreement does not constitute a partnership agreement, oraffect in any other association betweenway the relationship among the Administrative Agent and anythe Lenders, on one hand, and the Loan PartyParties, on the other hand, to one other than a debtor-creditor relationship. This Agreement is not intended, nor shall it be construed, to create a partnership or joint venture relationship between any Lender and any Loan Party. Each Loan Party acknowledges that Administrative Agent and each Lender has acted at all times only as a creditor to Borrowers within the normal and usual scope of the activities normally undertaken by a creditor and in no event has Administrative Agent or any Lender attempted to exercise any control over any Loan Party or its business or affairs. Each Loan Party further acknowledges that Administrative Agent and each Lender has not taken or failed to take any action under or in connection with its respective rights under the Credit Agreement oramong any of the parties hereto. No Person other Loan Documents that in any waythan a party hereto is intended to be a beneficiary hereof and no Person other than a party hereto shall be authorized to rely upon or to any extent has interfered with or adversely affected such Loan Parties' ownershipenforce the contents of Collateral.this Agreement.
The relationship of the relationship between Administrative Agent and Borrowersthe Lenders, on the one hand, and between each Lenderthe Borrower, on the other hand, has been and Borrowers isshall continue to be, at all times, that of creditor and debtor and not that of partnersas joint venturers or joint venturers. This Agreement does not constitute a partnership agreement,partners. Nothing contained in this Amendment, any instrument, document or any other association between Administrative Agent and any Loan Party or between any Lender and any Loan Party. Each Loan Party acknowledges that Administrative Agent and each Lender has acted at all times only as a creditor to Borrowers within the normal and usual scope of the activities normally undertaken by a creditor and in no event has Administrative Agent or any Lender attempted to exercise any control over any Loan Party or its business or affairs. Each Loan Party further acknowledges that Administrative Agent and each Lender has not taken or failed to take any action under oragreement delivered in connection with its respective rights underherewith or in the Credit Agreement or any of the other LoanCredit Documents that in any wayshall be deemed or construed to any extent has interfered withcreate a fiduciary relationship between or adversely affected such Loan Parties' ownership of Collateral.among the parties.
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