Common use of Acknowledgment of Lenders Clause in Contracts

Acknowledgment 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, affairs, status and nature of the Borrower and the other Loan Parties and accordingly each Lender confirms to the Agent that it has not relied, and will not hereafter rely on the Agent:

Appears in 4 contracts

Sources: Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (Pengrowth Energy Trust)

Acknowledgment 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 of, and investigation into into, the financial condition, creditworthiness, affairs, status and nature of the Borrower and the other Loan Parties and accordingly each Lender confirms to the Agent that it has not relied, and will not hereafter rely on the Agent:

Appears in 1 contract

Sources: Credit Agreement (PENGROWTH ENERGY Corp)

Acknowledgment 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 the other Loan Parties and accordingly each Lender confirms to the Agent that it has not relied, and will not hereafter rely on the Agent:

Appears in 1 contract

Sources: Credit Agreement (Keyspan Corp)

Acknowledgment 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, affairs, status and nature of the Borrower and the other Loan Parties Trust and accordingly each Lender confirms to the Agent that it has not relied, and will not hereafter rely on the Agent:

Appears in 1 contract

Sources: Credit Agreement (Pengrowth Energy Trust)