Common use of Bank Credit Decision Clause in Contracts

Bank Credit Decision. The New Bank acknowledges that it has, independently and without reliance upon the Agent or any other Bank, and based on the Financial Statements referred to in Section 6.11 of the Credit Agreement and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this New Bank Agreement and to agree to the various matters set forth herein. The New 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 the Credit Agreement.

Appears in 5 contracts

Samples: Bank Agreement (Spark Energy, Inc.), New Bank Agreement (Spark Energy, Inc.), Credit Agreement (Spark Energy, Inc.)

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Bank Credit Decision. The New Bank acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Bank, Bank and based on the Financial Statements financial statements referred to in Section 6.11 3.01(f) of the Credit Agreement and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this New Bank Agreement and to agree to the various matters set forth herein. The New Bank also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Bank, 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 the Credit Agreement.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Anadarko Petroleum Corp), 364 Day Credit Agreement (Anadarko Petroleum Corp)

Bank Credit Decision. The New Bank acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Bank, Bank and based on the Financial Statements financial statements referred to in [Section 6.11 of the Credit Agreement 4.01] and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this New Bank Agreement and to agree to the various matters set forth herein. The New Bank also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Bank, 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 the Credit Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Azurix Corp)

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Bank Credit Decision. The New Bank acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Bank, Bank and based on the Financial Statements referred to in Section 6.11 of the Credit Agreement financial statements and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this New Bank Agreement and to agree to the various matters set forth herein. The New Bank also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Bank, 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 the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Susser Holdings CORP)

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