Common use of Acknowledgement of Lenders Clause in Contracts

Acknowledgement of Lenders. Each Lender acknowledges to the Agent that it has been, and will continue to be, solely responsible for making its own independent appraisal of and investigation into the financial condition, creditworthiness, environmental soundness, affairs, status and nature of the Borrower and accordingly, each Lender confirms to the Agent that it has not relied, and will not hereafter rely, on the Agent:

Appears in 3 contracts

Samples: Credit Agreement (Ovintiv Inc.), Credit Agreement (Ovintiv Inc.), Credit Agreement (Encana Corp)

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Acknowledgement of Lenders. Each Lender acknowledges to the Agent that it has been, and will continue to be, solely responsible for making its own independent appraisal of and investigation into the financial condition, creditworthiness, environmental soundness, affairs, status and nature of the Borrower and accordingly, accordingly each Lender confirms to the Agent that it has not relied, and will not hereafter rely, on the Agent:

Appears in 1 contract

Samples: Credit Agreement (Prima Energy Corp)

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