Common use of Credit Decisions Clause in Contracts

Credit Decisions. Each Lender acknowledges that it has, independently of each Agent, the Arranger, each Issuer and each other Lender, and based on such Lender's review of the financial information of the Borrowers, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitments. Each Lender also acknowledges that it will, independently of each Agent, the Arranger, each Issuer and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document.

Appears in 2 contracts

Samples: Credit Agreement (Formica Corp), Credit Agreement (Formica Corp)

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Credit Decisions. Each Lender acknowledges that it has, ---------------- independently of the Agents, each Agent, the Arranger, each Issuer -Related Person and each other Lender, and based on such Lender's review of the financial information of the BorrowersBorrower, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitments. Each Lender also acknowledges that it will, independently of the Agents, each Agent, the Arranger, each Issuer -Related Person and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document.

Appears in 2 contracts

Samples: Credit Agreement (One Source Telecommunications Inc), Credit Agreement (Ameritel Pay Phones Inc)

Credit Decisions. Each Lender acknowledges that it has, independently of each Agentthe Agents, the Lead Arranger, each the Issuer and each other Lender, and based on such Lender's review of the financial information of the BorrowersBorrower, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitments. Each Lender also acknowledges that it will, independently of each Agentthe Agents, the Lead Arranger, each the Issuer and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document.

Appears in 2 contracts

Samples: Credit Agreement (Nextel Partners Inc), Credit Agreement (Nextel Partners Inc)

Credit Decisions. Each Lender acknowledges that it has, independently of each Agent, the Arranger, each Issuer Agents and each other LenderLender and Hedging Counterparty, and based on such Lender's Person’s review of the financial information and reserve based information of the BorrowersBorrower and its Subsidiaries, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender Person has deemed appropriate, made its own credit decision to extend its CommitmentsCommitment. Each Lender also acknowledges that it will, independently of each Agent, the Arranger, each Issuer Agents and each other LenderLender and Hedging Counterparty, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (National Energy Group Inc)

Credit Decisions. Each Lender acknowledges that it has, independently of each Agent, the Arranger, each Issuer Agents and each other LenderLender and Hedging Counterparty, and based on such LenderPerson's review of the financial information and reserve based information of the BorrowersBorrower and its Subsidiaries, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender Person has deemed appropriate, made its own credit decision to extend its CommitmentsCommitment. Each Lender also acknowledges that it will, independently of each Agent, the Arranger, each Issuer Agents and each other LenderLender and Hedging Counterparty, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (American Real Estate Holdings L P)

Credit Decisions. Each Lender acknowledges that it has, independently of each the Administrative Agent, the ArrangerCollateral Agent, each Issuer Issuing Bank and each other Lender, and based on such Lender's ’s review of the financial information of the Borrowers, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitments. Each Lender also acknowledges that it will, independently of each the Administrative Agent, the ArrangerCollateral Agent, each Issuer Issuing Bank and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other the Loan DocumentDocuments.

Appears in 1 contract

Samples: Credit Agreement (Aei)

Credit Decisions. Each Lender acknowledges that it has, independently of each Agentthe Agents, the Arranger, each Issuer Lead Arranger and each other Lender, and based on such Lender's review of the financial information of the BorrowersParent, the Borrower, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitments. Each Lender also acknowledges that it will, independently of each Agentthe Agents, the Arranger, each Issuer Lead Arranger and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (W-H Energy Services Inc)

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Credit Decisions. Each Lender acknowledges that it has, independently of each Agentthe Agents, the Arranger, each the Issuer and each other Lender, and based on such Lender's review of the financial information of the Borrowers, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitments. Each Lender also acknowledges that it will, independently of each Agentthe Agents, the Arranger, each the Issuer and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Copano Energy, L.L.C.)

Credit Decisions. Each Lender acknowledges that it has, independently of each Agentthe Agents, the Arranger, each Issuer the Co-Arranger and each other Lender, and based on such Lender's review of the financial information of the Borrowers, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitments. Each Lender also acknowledges that it will, independently of each Agentthe Agents, the Arranger, each Issuer the Co-Arranger and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Triarc Companies Inc)

Credit Decisions. Each Lender acknowledges that it has, independently of each Agentthe Agents, the Arranger, each Issuer Arrangers and each other Lender, and based on such Lender's review of the financial information of Holdco and each of the Borrowers, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documentsdocu- ments, information and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitments. Each Lender also acknowledges that it will, independently of each Agentthe Agents, the Arranger, each Issuer Arrangers and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Triarc Companies Inc)

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