Common use of Credit Assessment Clause in Contracts

Credit Assessment. Each Lender confirms that it has itself been, and will continue to be, solely responsible for making its own independent investigation and appraisal of the business and operations, financial condition, prospects, creditworthiness, status and affairs of each Borrower, each other Obligor and each Group Company or any other person and has not relied, and will not at any time rely, on the Agent, the Security Trustee or any other Lender: 26.7.1 to check or enquire on its behalf into the adequacy, accuracy, completeness or reasonableness of any representation, warranty, statement, projection, assumption or information provided by any Obligor or any other person under or in connection with any Finance Document or the transactions contemplated in any Relevant Agreement (whether or not such information has been or is at any time hereafter circulated to it by the Agent or the Security Trustee including any contained in any information memorandum or similar document prepared in connection with any proposed syndication of the Facilities); or 26.7.2 to assess or keep under review on its behalf the business and operations, financial condition, prospects, creditworthiness, status or affairs of any Borrower, other Obligor or Group Company or any other person.