Common use of AGENT'S DILIGENCE Clause in Contracts

AGENT'S DILIGENCE. The Agent shall not be required (a) to keep itself informed as to anyone’s compliance with any provision of this Agreement or any other Loan Document, (b) to make any inquiry into the properties, financial condition or operation of Holdings or any of its Subsidiaries or any other matter relating to this Agreement or any other Loan Document, (c) to report to any Lender any information (other than which this Agreement or any other Loan Document expressly requires to be so reported) that the Agent or any of its affiliates may have or acquire in respect of the properties, business or financial condition of Holdings or any of its Subsidiaries or any other matter relating to this Agreement or any other Loan Document or (d) to inquire into the validity, effectiveness or genuineness of this Agreement or other Loan Document.

Appears in 5 contracts

Samples: Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc)

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AGENT'S DILIGENCE. The Agent shall not be required (a) to keep itself informed as to anyone’s 's compliance with any provision of this Agreement or any other Loan Document, (b) to make any inquiry into the properties, financial condition or operation of Holdings or any of its Subsidiaries or any other matter relating to this Agreement or any other Loan Document, (c) to report to any Lender any information (other than which this Agreement or any other Loan Document expressly requires to be so reported) that the Agent or any of its affiliates may have or acquire in respect of the properties, business or financial condition of Holdings or any of its Subsidiaries or any other matter relating to this Agreement or any other Loan Document or (d) to inquire into the validity, effectiveness or genuineness of this Agreement or other Loan Document.

Appears in 2 contracts

Samples: Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc)

AGENT'S DILIGENCE. The Agent shall not be required required: (a) to keep itself informed as to anyone’s any Person's compliance with any provision of this Agreement or any other Loan Document, (b) to make any inquiry into the properties, financial condition or operation of Holdings or any of its Subsidiaries the Borrower or any other matter relating to this Agreement or any other Loan Document, (c) to report to any Lender Bank any information (other than which this Agreement or any other Loan Document expressly requires to be so 63 72 reported) that the Agent or any of its affiliates Affiliates may have or acquire in respect of the properties, business or financial condition of Holdings or any of its Subsidiaries the Borrower or any other matter relating to this Agreement or any other Loan Document or (d) to inquire into the validity, effectiveness or genuineness of this Agreement or other any Loan Document.

Appears in 2 contracts

Samples: Credit Agreement (Om Group Inc), Credit Agreement (Om Group Inc)

AGENT'S DILIGENCE. The Agent shall not be required (a) to keep itself informed as to anyone’s 's compliance with any provision of this Agreement or any other Loan DocumentRelated Writing, (b) to make any inquiry into the properties, financial condition or operation of Holdings the Borrower or any of its Subsidiaries or any other matter relating to this Agreement or any other Loan DocumentRelated Writing, (c) to report to any Lender Bank any information (other than which this Agreement or any other Loan Document Related Writing expressly requires to be so reported) that the Agent or any of its affiliates may have or acquire in respect of the properties, business or financial condition of Holdings the Borrower or any of its Subsidiaries or any other matter relating to this Agreement or any other Loan Document Related Writing or (d) to inquire into the validity, effectiveness or genuineness of this Agreement or other Loan Documentany Related Writing.

Appears in 1 contract

Samples: Credit Agreement (Shiloh Industries Inc)

AGENT'S DILIGENCE. The Agent shall not be required required: (a) to keep itself informed as to anyone’s 's compliance with any provision of this Agreement or any other Loan Document, (b) to make any inquiry into the properties, financial condition or operation of Holdings or any of the Borrower and its Subsidiaries or any other matter relating to this Agreement or any other Loan Document, (c) to report to any Lender any information (other than which this Agreement or any other Loan Document expressly requires to be so reported) that the Agent or any of its affiliates Affiliates may have or acquire in respect of the properties, business or financial condition of Holdings or any of the Borrower and its Subsidiaries or any other matter relating to this Agreement or any other Loan Document or (d) to inquire into the validity, effectiveness or genuineness of this Agreement or other any Loan Document.

Appears in 1 contract

Samples: Credit and Security Agreement (Ceres Group Inc)

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AGENT'S DILIGENCE. The Agent shall not be required (a) to keep itself informed as to anyone’s 's compliance with any provision of this Agreement or any other Loan DocumentRelated Writing, (b) to make any inquiry into the properties, financial condition or operation of Holdings the Borrowers or any of its Subsidiaries or any other matter relating to this Agreement or any other Loan DocumentRelated Writing, (c) to report to any Lender Bank any information (other than which this Agreement or any other Loan Document Related Writing expressly requires to be so reported) that the Agent or any of its affiliates may have or acquire in respect of the properties, business or financial condition of Holdings the Borrowers or any of its Subsidiaries or any other matter relating to this Agreement or any other Loan Document Related Writing or (d) to inquire into the validity, effectiveness or genuineness of this Agreement or other Loan Documentany Related Writing.

Appears in 1 contract

Samples: Assignment Agreement (Shiloh Industries Inc)

AGENT'S DILIGENCE. The Agent shall not be required (a) to keep itself informed as to anyone’s compliance with any provision of this Agreement or any other Loan Document, (b) to make any inquiry into the properties, financial condition or operation of Holdings or any of its Subsidiaries or any other matter relating to this Agreement or any other Loan Document, (c) to report to any Lender any information (other than which this Agreement or any other Loan Document expressly requires to be so reported) that the Agent or any of its affiliates may have or acquire in respect of the properties, business or financial condition of Holdings or any of its Subsidiaries or any other matter relating to this Agreement or any other Loan Document or (d) to inquire into the validity, effectiveness or genuineness of this Agreement or other Loan Document.. ​

Appears in 1 contract

Samples: Credit Agreement (Lincoln Electric Holdings Inc)

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