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 Security Document, each Lender confirms to the Agent and each of the Mandated Lead Arrangers 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 Security Document including but not limited to: 20.14.1 the financial condition, status and nature of the Guarantor and each Subsidiary of the Guarantor; 20.14.2 the legality, validity, effectiveness, adequacy or enforceability of any Security Document and any other agreement, arrangement or document entered into, made or executed in anticipation of, under or in connection with any Security Document; 20.14.3 whether that Lender has recourse, and the nature and extent of that recourse, against any Party or any of its respective assets under or in connection with any Security Document, the transactions contemplated by the Security Documents or any other agreement, arrangement or document entered into, made or executed in anticipation of, under or in connection with any Security Document; and 20.14.4 the adequacy, accuracy and/or completeness of any information provided by the Agent, any Party or by any other person under or in connection with any Security Document, the transactions contemplated by the Security Documents or any other agreement, arrangement or document entered into, made or executed in anticipation of, under or in connection with any Security Document.

Credit appraisal by the Lenders. Without affecting the responsibility of any Obligor or any Security Provider for information supplied by it or on its behalf in connection with any Security Finance Document, each Lender confirms to each Agent, the Agent Security Trustee and each of the Mandated Lead Arrangers 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 Security Finance Document including but not limited to: 20.14.1 26.14.1 the financial condition, status and nature of the Guarantor and each Subsidiary member of the GuarantorGroup and the Security Provider; 20.14.2 26.14.2 the legality, validity, effectiveness, adequacy or enforceability of any Security Finance Document and any other agreement, arrangement or document entered into, made or executed in anticipation of, under or in connection with any Security Finance Document; 20.14.3 26.14.3 whether that Lender has recourse, and the nature and extent of that recourse, against any Party or any of its respective assets under or in connection with any Security Finance Document, the transactions contemplated by the Security Finance Documents or any other agreement, arrangement or document entered into, made or executed in anticipation of, under or in connection with any Security Finance Document; and 20.14.4 26.14.4 the adequacy, accuracy and/or completeness of the Due Diligence Reports and any other information provided by the AgentAgents, the Security Trustee, the Arranger, any Party or by any other person under or in connection with any Security Finance Document, the transactions contemplated by the Security Finance Documents or any other agreement, arrangement or document entered into, made or executed in anticipation of, under or in connection with any Security Finance Document.

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 Security DocumentOperative Document and the transactions contemplated thereby, each Lender confirms to the Facility Agent and each of the Mandated Lead Arrangers 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 Security Operative Document including but not limited to: 20.14.1 18.13.1 the financial condition, status and nature of the Guarantor Borrower and each Subsidiary of the Guarantor; 20.14.2 18.13.2 the legality, validity, effectiveness, adequacy or enforceability of any Security Operative Document and any other agreement, arrangement or document entered into, made or executed in anticipation of, under or in connection with any Security Operative Document; 20.14.3 18.13.3 whether that Lender has recourse, and the nature and extent of that recourse, against any Party or any of its respective assets under or in connection with any Security Operative Document, the transactions contemplated by the Security Operative Documents or any other agreement, arrangement or document entered into, made or executed in anticipation of, under or in connection with any Security Operative Document; and 20.14.4 18.13.4 the adequacy, accuracy and/or completeness of any information provided by the Agent, any Party or by any other person under or in connection with any Security Operative Document, the transactions contemplated by the Security Operative Documents or any other agreement, arrangement or document entered into, made or executed in anticipation of, under or in connection with any Security Operative Document.