Collateral Agent Makes No Representation Clause Samples

The 'Collateral Agent Makes No Representation' clause establishes that the collateral agent does not guarantee or warrant the accuracy, validity, or sufficiency of any information, documents, or collateral related to the agreement. In practice, this means that parties relying on the collateral or any statements made by the agent do so at their own risk, and the agent is not responsible for verifying the existence, value, or enforceability of the collateral. This clause serves to limit the liability of the collateral agent and clarifies that the agent's role is administrative rather than advisory, thereby protecting the agent from claims arising from reliance on its representations.