Common use of Credit Analysis Clause in Contracts

Credit Analysis. Each Bank has made, and shall continue to make, its own independent investigation or evaluation of the operations, business, property and condition, financial and otherwise, of the Borrower in connection with entering into this Agreement and has made its own appraisal of the creditworthiness of the Borrower. Except as explicitly provided herein, the Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information with respect to such operations, business, property, condition or creditworthiness, whether such information comes into its possession on or before the first Event of Default or at any time thereafter.

Appears in 18 contracts

Samples: Credit Agreement (Marten Transport LTD), Credit Agreement (Norstan Inc), Credit Agreement (Life Time Fitness Inc)

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Credit Analysis. Each Bank has made, and shall continue to make, its own independent investigation or evaluation of the operations, business, property and condition, financial and otherwise, of the Borrower Company in connection with entering into this Agreement and has made its own appraisal of the creditworthiness of the BorrowerCompany. Except as explicitly provided herein, the Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information with respect to such operations, business, property, condition or creditworthiness, whether such information comes into its possession on or before the first Event of Default or at any time thereafter.

Appears in 4 contracts

Samples: Credit Agreement (Best Buy Co Inc), Credit Agreement (Best Buy Co Inc), Credit Agreement (Best Buy Co Inc)

Credit Analysis. Each Bank has made, and shall continue to make, its own independent investigation or evaluation of the operations, business, property and condition, financial and otherwise, of the any Borrower in connection with entering into this Agreement and has made its own appraisal of the creditworthiness of the each Borrower. Except as explicitly provided herein, the Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information with respect to such operations, business, property, condition or creditworthiness, whether such information comes into its possession on or before the first Event of Default or at any time thereafter.

Appears in 3 contracts

Samples: Credit Agreement (Dolan Media CO), Credit Agreement (Dolan Media CO), Credit Agreement (Dolan Media CO)

Credit Analysis. Each Bank has made, and shall continue to make, its own independent investigation or evaluation of the operations, business, property and condition, financial and otherwise, of the Borrower Borrowers in connection with entering into this Agreement and has made its own appraisal of the creditworthiness of the BorrowerBorrowers. Except as explicitly provided herein, the Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information with respect to such operations, business, property, condition or creditworthiness, whether such information comes into its possession on or before the first Event of Default or at any time thereafter.

Appears in 3 contracts

Samples: Credit Agreement (Cabelas Inc), Credit Agreement (Pilgrim America Capital Corp), Credit Agreement (Pilgrim Capital Corp)

Credit Analysis. Each Bank has made, and shall continue --------------- to make, its own independent investigation or evaluation of the operations, business, property and condition, financial and otherwise, of the Borrower in connection with entering into this Agreement and has made its own appraisal of the creditworthiness of the Borrower. Except as explicitly provided herein, the Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information with respect to such operations, business, property, condition or creditworthiness, whether such information comes into its possession on or before the first Event of Default or at any time thereafter.

Appears in 2 contracts

Samples: Credit Agreement (Buca Inc /Mn), Credit Agreement (Buca Inc /Mn)

Credit Analysis. Each Bank has made, and shall continue to make, --------------- its own independent investigation or evaluation of the operations, business, property and condition, financial and otherwise, of the Borrower Company, in connection with entering into this Agreement the making of its Commitment and has made its own appraisal of the creditworthiness of the BorrowerCompany. Except as explicitly provided herein, the Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information with respect to such operations, business, property, condition or creditworthiness, whether such information comes into its possession on or before the first Event of Default Effective Date or at any time thereafter.

Appears in 1 contract

Samples: Warehousing Credit Agreement (MDC Holdings Inc)

Credit Analysis. Each Bank has made, and shall continue to make, its own independent investigation or evaluation of the operations, business, property and condition, financial and otherwise, of the Borrower Borrowers in connection with entering into this Agreement and has made its own appraisal of the creditworthiness of the BorrowerBorrowers. Except as explicitly provided herein, the Administrative Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information with respect to such operations, business, property, condition or creditworthiness, whether such information comes into its possession on or before the first Event of Default or at any time thereafter.

Appears in 1 contract

Samples: Credit Agreement (Cabelas Inc)

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Credit Analysis. Each Bank has made, and shall continue to make, its own independent investigation or evaluation of the operations, business, property and condition, financial and otherwise, of the Borrower Company, in connection with entering into this Agreement the making of its Commitment and has made its own appraisal of the creditworthiness of the BorrowerCompany. Except as explicitly provided herein, the Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information with respect to such operations, business, property, condition or creditworthiness, whether such information comes into its possession on or before the first Event of Default Effective Date or at any time thereafter.

Appears in 1 contract

Samples: Warehousing Credit Agreement (MDC Holdings Inc)

Credit Analysis. Each Bank has made, and shall continue --------------- to make, its own independent investigation or evaluation of the operations, business, property and condition, financial and otherwise, of the Borrower Company, in connection with entering into this Agreement the making of its Commitment and has made its own appraisal of the creditworthiness of the BorrowerCompany. Except as explicitly provided herein, the Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information with respect to such operations, business, property, condition or creditworthiness, whether such information comes into its possession on or before the first Event of Default Effective Date or at any time thereafter.

Appears in 1 contract

Samples: Warehousing Credit Agreement (MDC Holdings Inc)

Credit Analysis. Each Bank has made, and shall continue to make, --------------- its own independent investigation or evaluation of the operations, business, property and condition, financial and otherwise, of the Borrower Company in connection with entering into this Agreement its Commitments and Loans and has made its own appraisal of the creditworthiness of the BorrowerCompany. Except as explicitly provided herein, the Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information with respect to such operations, business, property, condition or creditworthiness, whether such information comes into its possession on or before the first Event of Default or at any time thereafter.

Appears in 1 contract

Samples: Credit Agreement (New Century Financial Corp)

Credit Analysis. Each Bank has made, and shall continue to make, its own independent investigation or evaluation of the operations, business, property and condition, financial and otherwise, of the any Borrower in connection with entering into this Agreement and has made its own appraisal of the creditworthiness of the each Borrower. Except as explicitly provided herein, neither the Agent nor the Syndication Agent nor the Foreign Currency Funding Agent has no any duty or responsibility, either initially or on a continuing basis, to provide any Bank with any credit or other information with respect to such operations, business, property, condition or creditworthiness, whether such information comes into its possession on or before the first Event of Default or at any time thereafter.

Appears in 1 contract

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

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