Condition of Issuer. Each Guarantor acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from Issuer such information concerning the financial condition, business, and operations of Issuer as Guarantors require, and that no holder shall have any duty, and Guarantors are not relying on any holder at any time, to disclose to Guarantors any information relating to the business, operations, or financial condition of Issuer.
Condition of Issuer. Guarantor represents and warrants to Vicis that it has established adequate means of obtaining from Issuer, on a continuing basis, financial and other information pertaining to the business, operations and condition (financial and otherwise) of Issuer and its assets and properties. Guarantor hereby expressly waives and relinquishes any duty on the part of Vicis (should any such duty exist) to disclose to Guarantor any matter, fact or thing related to the business, operations or condition (financial or otherwise) of Issuer or its assets or properties, whether now known or hereafter known by Vicis during the life of this Guaranty. With respect to any of the Obligations, Vicis need not inquire into the powers of Issuer or agents acting or purporting to act on its behalf, and all Obligations made or created in good faith reliance upon the professed exercise of such powers shall be guaranteed hereby.
Condition of Issuer. Trustor represents and warrants to Beneficiary that: (a) this Deed of Trust is executed at Issuer’s request; (b) Trustor has established adequate means of obtaining from Issuer on a continuing basis financial and other information pertaining to Issuer’s business and Issuer’s financial condition; and (c) Trustor is now and will be completely familiar with the business, operations and financial condition of Issuer and its assets. Trustor hereby waives and relinquishes any duty on the part of Beneficiary to disclose to Trustor any matter, fact or thing relating to the business, operation or financial condition of Issuer and its assets now known or hereafter known by Beneficiary during the life of this Deed of Trust. With respect to any indebtedness of Issuer to Beneficiary, Beneficiary need not inquire into the powers of the Issuer or the officers, directors or agents acting or purporting to act on its behalf, and any indenture or similar instrument made or created in reliance upon the professed exercise of such powers shall be secured by this Deed of Trust.
Condition of Issuer. Each Guarantor acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from the Issuer and any other Guarantor such information concerning the financial condition, business and operations of the Issuer and any such other Guarantor as it requires, and that none of Agent or the Purchasers has any duty, and such Guarantor is not relying on Agent or the Purchasers at any time, to disclose to such Guarantor any information relating to the business, operations or financial condition of the Issuer or any other Guarantor (such Guarantor waiving any duty on the part of Agent or the Purchasers to disclose such information and any defense relating to the failure to provide the same).
Condition of Issuer. Guarantor represents and warrants to PI that it has established adequate means of obtaining from Issuer, on a continuing basis, financial and other information pertaining to the business, operations and condition (financial and otherwise) of Issuer and its assets and properties. Guarantor hereby expressly waives and relinquishes any duty on the part of PI (should any such duty exist) to disclose to Guarantor any matter, fact or thing related to the business, operations or condition (financial or otherwise) of Issuer or its assets or properties, whether now known or hereafter known by PI during the life of this Guaranty. With respect to any of the Obligations, PI need not inquire into the powers of Issuer or agents acting or purporting to act on its behalf, and all Obligations made or created in good faith reliance upon the professed exercise of such powers shall be guaranteed hereby.
