Common use of Borrower’s Financial Condition Clause in Contracts

Borrower’s Financial Condition. Each Borrower is familiar with the financial condition of the other Borrower, and each Borrower has executed and delivered this Agreement and the Note based on that Borrower's own judgment and not in reliance upon any statement or representation of the Lender. The Lender shall have no obligation to provide either Borrower with any advice whatsoever or to inform either Borrower at any time of the Lender's actions, evaluations or conclusions on the financial condition or any other matter concerning the Borrowers.

Appears in 3 contracts

Samples: Master Loan Agreement (PDS Financial Corp), Master Loan Agreement (PDS Financial Corp), Master Loan Agreement (PDS Financial Corp)

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Borrower’s Financial Condition. Each Borrower is familiar with the financial condition of the other BorrowerBorrowers, and each Borrower has executed and delivered this Agreement and the Note other Loan Documents based on that Borrower's ’s own judgment and not in reliance upon any statement or representation of the Lender. The Lender shall not have no any obligation to provide either any Borrower with any advice whatsoever or to inform either any Borrower at any time of the Lender's ’s actions, evaluations or conclusions on the financial condition or any other matter concerning the Borrowersany Borrower.

Appears in 2 contracts

Samples: Credit Agreement (James River Group Holdings, Ltd.), Credit Agreement (James River Group Holdings, Ltd.)

Borrower’s Financial Condition. Each Borrower is familiar with the financial condition of the other BorrowerBorrowers, and each Borrower has executed and delivered this Agreement and the Note based on that Borrower's ’s own judgment and not in reliance upon any statement or representation of the LenderLenders or the Agent. The Lender Lenders and the Agent shall have no obligation to provide either any Borrower with any advice whatsoever or to inform either any Borrower at any time of the any Lender's ’s actions, evaluations or conclusions on the financial condition or any other matter concerning the Borrowers.

Appears in 2 contracts

Samples: Senior Unsecured Revolving Credit Agreement (Ch2m Hill Companies LTD), Senior Unsecured Revolving Credit Agreement (Ch2m Hill Companies LTD)

Borrower’s Financial Condition. Each Borrower is familiar with the financial condition of the each other Borrower, and each Borrower has executed and delivered this Agreement and the Note Notes based on that Borrower's ’s own judgment and not in reliance upon any statement or representation of the LenderBank. The Lender Bank shall have no obligation to provide either a Borrower with any advice whatsoever or to inform either any Borrower at any time of the Lender's Bank’s actions, evaluations or conclusions on the financial condition or any other matter concerning the Borrowersany Borrower.

Appears in 1 contract

Samples: Credit Agreement (MGC DIAGNOSTICS Corp)

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Borrower’s Financial Condition. Each Borrower is familiar with the financial condition of the other BorrowerBorrowers, and each Borrower has executed and delivered this Agreement and the Note based on that Borrower's ’s own judgment and not in reliance upon any statement or representation of the Lender. The Lender shall have no obligation to provide either any Borrower with any advice whatsoever or to inform either any Borrower at any time of the Lender's ’s actions, evaluations or conclusions on the financial condition or any other matter concerning the Borrowers.

Appears in 1 contract

Samples: Credit Agreement (Sunlink Health Systems Inc)

Borrower’s Financial Condition. Each Borrower is familiar with the financial condition of the other BorrowerBorrowers, and each Borrower has executed and delivered this Agreement and the Note based on that Borrower's ’s own judgment and not in reliance upon any statement or representation of the LenderBanks or the Agent. The Lender Banks and the Agent shall have no obligation to provide either any Borrower with any advice whatsoever or to inform either any Borrower at any time of the Lender's Bank’s actions, evaluations or conclusions on the financial condition or any other matter concerning the Borrowers.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Commercial Vehicle Group, Inc.)

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