Common use of Credit appraisal by the Lenders Clause in Contracts

Credit appraisal by the Lenders. Without affecting the responsibility of any Obligor for information supplied by it or on its behalf in connection with any Finance Document, each Lender confirms to the relevant Issuing Bank that it has been, and will continue to be, solely responsible for making its own independent appraisal and investigation of all risks arising under or in connection with any Finance Document, including but not limited to, those listed in paragraphs (a) to (d) of Clause 28.14 (Credit appraisal by the Secured Parties).

Appears in 2 contracts

Samples: Agreement (Solutia Inc), Multicurrency Term and Revolving Facilities Agreement (Solutia Inc)

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Credit appraisal by the Lenders. Without affecting the responsibility of any Obligor the Borrower for information supplied by it or on its behalf in connection with any Finance Document, each Lender confirms to the relevant Issuing Bank Agent and Security Trustee and the Arranger that it has been, and will continue to be, solely responsible for making its own independent appraisal and investigation of all risks arising under or in connection with any Finance Document, Document including but not limited to, those listed in paragraphs (a) to (d) of Clause 28.14 (Credit appraisal by the Secured Parties).:

Appears in 2 contracts

Samples: Term Facilities Agreement (Sterlite Industries (India) LTD), Facility Agreement (Sterlite Industries (India) LTD)

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