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<br />... <br />d. The Originator shall have no duties or responsibilities to the <br />Participant except as expressly set forth herein. The Originator shall not have by <br />reason of this Agreement a fiduciary relationship with respect to the Participant, and <br />nothing herein, express or implied, is intended to or shall be so construed as to <br />impose upon the Originator any obligations in respect of Equipment Loan I except as <br />expressly set forth therein or herein. <br /> <br />e. The Participant acknowledges that it has, independently and <br />without reliance upon the Originator or the directors, officers, agents or employees <br />of the Originator and instead in reliance upon its own review of such information <br />as the Participant has deemed appropriate, made its own independent credit analysis <br />and decision to enter into this Agreement and the Participant agrees that it shall, <br />independently and without reliance on the Originator or the directors, officers, <br />agents or employees of the Originator, continue to make its own independent credit <br />analysis and decisions in taking or in refraining from taking any action under this <br />Agreement. Except as expressly provided for in this Agreement, the Originator shall <br />not have any duty or responsibility, either initially or on a continuing basis, to <br />provide the Participant with any credit or other information with respect to <br />Equipment Loan I, whether coming into the possession of the Originator prior to <br />the date hereof or at any time or times hereafter. <br /> <br />f. The Originator may not relinquish its rights and obligations to <br />manage the credit under this Paragraph VII without the prior written consent of the <br />Participant. <br /> <br />VIII. <br />INDEMNIFICATION <br /> <br />In the event the Originator shall incur out-of-pocket expenses, losses, <br />liabilities (including liabilities for penalties), judgments, demands or costs <br />(including, without limitation, reasonable attorneys' fees) in connection with the <br />enforcement of Equipment Note I, Equipment Loan I or this Agreement, the <br />Participant shall pay, indemnify and hold harmless the Originator upon demand for <br />its ratable share (based upon its Participation Percentage) or, in the case of any <br />expense, loss, liability, judgment, demand or cost arising out of Participant's breach <br />of this Agreement, for the entire amount of such expenses or liabilities, in either <br />case that are not reimbursed by the Borrower. All amounts paid by the Borrower to <br />reimburse the Originator for such expenses shall be retained by the Originator, <br />provided. that if the Participant has already paid to the Originator the Participant's <br />ratable share for such expenses, then the Participant shall be reimbursed for such <br />payment. <br /> <br />IX. <br /> <br />-7- <br />