Common use of Credit appraisals Clause in Contracts

Credit appraisals. It is agreed by each Finance Party that it has itself been, and will continue to be, solely responsible for making its own independent appraisal of and investigations into the financial condition, creditworthiness, condition, affairs, status and nature of each Group Company, and, accordingly, each Lender confirms to each other Finance Party that it has not relied, and will not rely, on any other Finance Party:

Appears in 2 contracts

Samples: Agreement (PCCW LTD), Agreement (PCCW LTD)

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Credit appraisals. It is agreed by each Finance Party that it has itself been, and will continue to be, solely responsible for making its own independent appraisal of and investigations into the financial condition, creditworthiness, condition, affairs, status and nature of each Group Companymember of the Borrower Group, and, accordingly, each Lender confirms to each other Finance Party that it has not relied, and will not rely, on any other Finance Party:

Appears in 1 contract

Samples: PCCW LTD

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Credit appraisals. It is agreed by each Finance Party that it has itself been, and will continue to be, solely responsible for making its own independent appraisal of and investigations into the financial condition, creditworthiness, condition, affairs, status and nature of each Group Companymember of the Group, and, accordingly, each Lender confirms to each other Finance Party that it has not relied, and will not rely, on any other Finance Party:

Appears in 1 contract

Samples: Agreement (PCCW LTD)

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