Common use of Bank Credit Decision Clause in Contracts

Bank Credit Decision. Each Bank acknowledges that (a) it has, independently and without reliance upon Agent or any other Bank and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement, (b) it will, independently and without reliance upon Agent or any other Bank and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement and the other Credit Documents, and (c) Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information (other than obtained under the provisions of this Agreement) with respect thereto, whether coming into its possession before the date hereof or at any time thereafter.

Bank Credit Decision. Each Bank acknowledges that (a) it has, independently and without reliance upon the Administrative Agent or any other Bank and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement, (b) it will, independently and without reliance upon the Administrative Agent or any other Bank and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement and the other Credit Documents, and (c) the Administrative Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information (other than obtained under the provisions of this Agreement) with respect thereto, whether coming into its possession before the date hereof or at any time thereafter.

Bank Credit Decision. Each Bank acknowledges that (a) it has, independently and without reliance upon Agent or any other Bank and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement, (b) it will, independently and without reliance upon Agent or any other Bank and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement and the other Credit Documents, and (c) Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information (other than obtained under the provisions of this Agreement) with respect thereto, whether coming into its possession before the date hereof or at any time thereafter.

Bank Credit Decision. Each Bank acknowledges that (a) it has, -------------------- independently and without reliance upon the Agent or any other Bank and based on the financial statements referred to herein and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement, (b) . Each Bank also acknowledges that it will, independently and without reliance upon the Agent or any other Bank and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement and the or any other Credit DocumentsInstrument. Each Bank further acknowledges that it has not, and (c) Agent has no duty or responsibilitynor is it entitled to, either initially or rely on a continuing basis, to provide any Bank with any credit or other information (other than obtained under if any) provided to it by agents, officers, or employees of the provisions of this Agreement) with respect thereto, whether coming into its possession before Agent (including any mining engineer employed by the date hereof or at any time thereafterAgent).

Bank Credit Decision. Each Bank acknowledges that (a) it -------------------- has, independently independent of and without reliance upon Agent or any other Bank (including the Agent) or any information provided by any other Bank (including the Agent) and based on the financial statements of the Borrower and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement, (b) . Each Bank also acknowledges that it will, independently independent of and without reliance upon Agent or any other Bank (including the Agent) and based on such documents and information as it shall deem appropriate at the that time, continue to make its own credit decisions in taking or not taking action under this Agreement and the any other Credit Documents, and (c) Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information (other than obtained under the provisions of this Agreement) with respect thereto, whether coming into its possession before the date hereof or at any time thereafterdocuments relating hereto.

Bank Credit Decision. Each Bank acknowledges that (a) it -------------------- has, independently independent of and without reliance upon Agent or any other Bank (including the Agent) or any information provided by any other Bank (including the Agent) and based on the financial statements of the Borrowers and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement, (b) . Each Bank also acknowledges that it will, independently independent of and without reliance upon Agent or any other Bank (including the Agent) and based on such documents and information as it shall deem appropriate at the that time, continue to make its own credit decisions in taking or not taking action under this Agreement and the any other Credit Documents, and (c) Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information (other than obtained under the provisions of this Agreement) with respect thereto, whether coming into its possession before the date hereof or at any time thereafterdocuments relating hereto.