Common use of Condition of the Borrower Clause in Contracts

Condition of the Borrower. Each Guarantor acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from the Borrower such information concerning the financial condition, business and operations of the Borrower as such Guarantor requires, and that the Administrative Agent and the Lenders have no duty, and such Guarantor is not relying on the Administrative Agent or the Lenders at any time, to disclose to such Guarantor any information relating to the business, operations or financial condition of the Borrower.

Appears in 5 contracts

Samples: Credit Agreement (Texas Roadhouse, Inc.), Credit Agreement (Texas Roadhouse, Inc.), Credit Agreement (Texas Roadhouse, Inc.)

AutoNDA by SimpleDocs

Condition of the Borrower. Each Guarantor acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from the Borrower such information concerning the financial condition, business and operations of the Borrower as such Guarantor requires, and that the Administrative Agent and the Lenders Lender Parties have no duty, and such Guarantor is not relying on the Administrative Agent or the Lenders Lender Parties at any time, to disclose to such Guarantor any information relating to the business, operations or financial condition of the Borrower.

Appears in 5 contracts

Samples: Term Loan Agreement (Kb Home), Revolving Loan Agreement (Kb Home), Revolving Credit Agreement (WCI Communities, Inc.)

Condition of the Borrower. Each The Guarantor acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from the Borrower such information concerning the financial condition, business and operations of the Borrower as such the Guarantor requires, and that the Administrative Agent and the Lenders have no duty, and such the Guarantor is not relying on the Administrative Agent or the Lenders any Lender at any time, to disclose to such the Guarantor any information relating to the business, operations or financial condition of the Borrower.

Appears in 2 contracts

Samples: Continuing Guaranty (Western Gas Resources Inc), Continuing Guaranty (Western Gas Resources Inc)

Condition of the Borrower. Each Guarantor acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from the Borrower such information concerning the financial condition, business and operations of the Borrower as such Guarantor requires, and that the Administrative Agent and the Lenders have Bank has no duty, and such Guarantor is not relying on the Administrative Agent or the Lenders Bank at any time, to disclose to such Guarantor any information relating to the business, operations or financial condition of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Usana Health Sciences Inc)

AutoNDA by SimpleDocs

Condition of the Borrower. Each Guarantor acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from the Borrower such information concerning the financial condition, business and operations of the Borrower as such Guarantor requires, and that the Administrative Agent and the Lenders Beneficiaries have no duty, duty and that such Guarantor is not relying on the Administrative Agent or the Lenders any Beneficiary at any time, to disclose to such Guarantor any information relating to the business, operations or financial condition of the Borrower.

Appears in 1 contract

Samples: Guaranty (Apogent Technologies Inc)

Condition of the Borrower. Each Guarantor acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from the Borrower such information concerning the financial condition, business and operations of the Borrower as such Guarantor requires, and that the Administrative Agent and the Lenders have has no duty, and such Guarantor is not relying on the Administrative Agent or the Lenders at any time, to disclose to such Guarantor any information relating to the business, operations or financial condition of the Borrower.

Appears in 1 contract

Samples: Limited Guaranty (LIVE VENTURES Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!