Common use of Condition of the Borrower Clause in Contracts

Condition of the Borrower. 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 the Guarantor requires, and that no Credit Party shall have any duty, and the Guarantor is not relying on any Credit Party at any time, to disclose to the Guarantor any information relating to the business, operations, or financial condition of the Borrower.

Appears in 9 contracts

Samples: Term Loan Agreement (STAG Industrial, Inc.), Credit Agreement (STAG Industrial, Inc.), Term Loan Agreement (STAG Industrial, Inc.)

AutoNDA by SimpleDocs

Condition of the Borrower. 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, business and operations of the Borrower as the Guarantor requires, and that the Administrative Agent and the Lenders have no Credit Party shall have any duty, and the Guarantor is not relying on any Credit Party the Administrative Agent or the Lenders at any time, to disclose to the Guarantor any information relating to the business, operations, operations or financial condition of the Borrower.

Appears in 4 contracts

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

AutoNDA by SimpleDocs

Condition of the Borrower. 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, business and operations of the Borrower as the Guarantor requires, and that the Lender has no Credit Party shall have any duty, and the Guarantor is not relying on any Credit Party the Lender at any time, to disclose to the Guarantor any information relating to the business, operations, operations or financial condition of the Borrower.

Appears in 1 contract

Samples: Continuing Guaranty (Nelnet Inc)

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