{"component": "clause", "props": {"groups": [{"samples": [{"hash": "ddwAfNt3S2b", "uri": "/contracts/ddwAfNt3S2b#credit-decisions", "label": "Credit Agreement (Rent the Runway, Inc.)", "score": 36.8247756958, "published": true}, {"hash": "cMSLnPeDj0q", "uri": "/contracts/cMSLnPeDj0q#credit-decisions", "label": "Exchange Agreement (Rent the Runway, Inc.)", "score": 36.6358642578, "published": true}, {"hash": "5Ceciz0Tv4I", "uri": "/contracts/5Ceciz0Tv4I#credit-decisions", "label": "Credit Agreement (Rent the Runway, Inc.)", "score": 36.6358642578, "published": true}], "size": 98, "snippet_links": [{"key": "each-lender", "type": "clause", "offset": [0, 11]}, {"key": "the-agent", "type": "clause", "offset": [55, 64]}, {"key": "other-lender", "type": "definition", "offset": [74, 86]}, {"key": "based-on", "type": "definition", "offset": [91, 99]}, {"key": "financial-statements-of-the-borrower", "type": "clause", "offset": [104, 140]}, {"key": "other-documents", "type": "clause", "offset": [150, 165]}, {"key": "decision-to-extend-credit", "type": "clause", "offset": [248, 273]}, {"key": "from-time-to-time", "type": "clause", "offset": [284, 301]}, {"key": "at-any-time", "type": "clause", "offset": [491, 502]}, {"key": "rights-and-privileges", "type": "definition", "offset": [603, 624]}, {"key": "available-to", "type": "definition", "offset": [625, 637]}, {"key": "this-agreement", "type": "clause", "offset": [647, 661]}, {"key": "loan-document", "type": "definition", "offset": [667, 680]}], "snippet": "Each Lender acknowledges that it has, independently of the Agent and each other Lender and based on the financial statements of the Borrower and such other documents, information and investigations as it has deemed appropriate, made its own credit decision to extend credit hereunder from time to time. Each Lender also acknowledges that it will, independently of the Agent 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, any Loan Document or any other document executed pursuant hereto.", "hash": "6e1a279c174ebcf624e9967b71d011e7", "id": 2}, {"samples": [{"hash": "lRuEDQLBHFY", "uri": "/contracts/lRuEDQLBHFY#credit-decisions", "label": "Revolving Credit Agreement (Quanex Corp)", "score": 21.0, "published": true}, {"hash": "dg4O3LYr49O", "uri": "/contracts/dg4O3LYr49O#credit-decisions", "label": "Revolving Credit and Term Loan Agreement (MSC Software Corp)", "score": 21.0, "published": true}, {"hash": "5wkeVUCLVkh", "uri": "/contracts/5wkeVUCLVkh#credit-decisions", "label": "Credit Agreement (Olympic Steel Inc)", "score": 21.0, "published": true}], "size": 36, "snippet_links": [{"key": "each-bank", "type": "clause", "offset": [0, 9]}, {"key": "other-bank", "type": "definition", "offset": [68, 78]}, {"key": "based-on", "type": "definition", "offset": [83, 91]}, {"key": "financial-statements-of-company", "type": "clause", "offset": [96, 127]}, {"key": "other-documents", "type": "clause", "offset": [137, 152]}, {"key": "decision-to-extend-credit", "type": "clause", "offset": [235, 260]}, {"key": "from-time-to-time", "type": "clause", "offset": [271, 288]}, {"key": "at-any-time", "type": "clause", "offset": [470, 481]}, {"key": "rights-and-privileges", "type": "definition", "offset": [582, 603]}, {"key": "available-to", "type": "definition", "offset": [604, 616]}, {"key": "agreement-or", "type": "definition", "offset": [631, 643]}], "snippet": "Each Bank acknowledges that it has, independently of Agent and each other Bank and based on the financial statements of Company and such other documents, information and investigations as it has deemed appropriate, made its own credit decision to extend credit hereunder from time to time. Each Bank also acknowledges that it will, independently of Agent and each other Bank 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 document executed pursuant hereto.", "hash": "912fcf8ecff89c94d129f2360c40fc70", "id": 6}, {"samples": [{"hash": "baB5HXEKFEe", "uri": "/contracts/baB5HXEKFEe#credit-decisions", "label": "Credit Agreement (Hanesbrands Inc.)", "score": 24.5592060089, "published": true}, {"hash": "fbLROTym9kz", "uri": "/contracts/fbLROTym9kz#credit-decisions", "label": "Credit Agreement (Hanesbrands Inc.)", "score": 23.540725708, "published": true}, {"hash": "jFGG8ET1d26", "uri": "/contracts/jFGG8ET1d26#credit-decisions", "label": "Credit Agreement (Reddy Ice Holdings Inc)", "score": 23.2997951508, "published": true}], "size": 225, "snippet_links": [{"key": "each-lender", "type": "clause", "offset": [0, 11]}, {"key": "the-administrative-agent", "type": "clause", "offset": [55, 79]}, {"key": "other-lender", "type": "definition", "offset": [89, 101]}, {"key": "based-on", "type": "definition", "offset": [107, 115]}, {"key": "information-of-the-borrower", "type": "clause", "offset": [154, 181]}, {"key": "the-loan-documents", "type": "clause", "offset": [183, 201]}, {"key": "provisions-of", "type": "clause", "offset": [217, 230]}, {"key": "other-documents", "type": "clause", "offset": [281, 296]}, {"key": "to-extend", "type": "clause", "offset": [397, 406]}, {"key": "at-any-time", "type": "clause", "offset": [628, 639]}, {"key": "from-time-to-time", "type": "clause", "offset": [718, 735]}, {"key": "rights-and-privileges", "type": "definition", "offset": [740, 761]}, {"key": "available-to", "type": "definition", "offset": [762, 774]}], "snippet": "Each Lender acknowledges that it has, independently of the Administrative Agent and each other Lender, and based on such Lender\u2019s review of the financial information of the Borrower, the 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 Administrative Agent 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 the Loan Documents.", "hash": "7cf07f71edf008029434623ad41f4e61", "id": 1}, {"samples": [{"hash": "kRaojxb6vf8", "uri": "/contracts/kRaojxb6vf8#credit-decisions", "label": "Credit Agreement (Stillwater Mining Co /De/)", "score": 18.0, "published": true}, {"hash": "kI5AHDKGnLS", "uri": "/contracts/kI5AHDKGnLS#credit-decisions", "label": "Credit Agreement (Keebler Foods Co)", "score": 18.0, "published": true}, {"hash": "hAKQgxgMOXi", "uri": "/contracts/hAKQgxgMOXi#credit-decisions", "label": "Credit and Guaranty Agreement (Key Components Finance Corp)", "score": 18.0, "published": true}], "size": 62, "snippet_links": [{"key": "each-lender", "type": "clause", "offset": [0, 11]}, {"key": "the-administrative-agent", "type": "clause", "offset": [55, 79]}, {"key": "other-lender", "type": "definition", "offset": [89, 101]}, {"key": "based-on", "type": "definition", "offset": [107, 115]}, {"key": "information-of-the-borrower", "type": "clause", "offset": [154, 181]}, {"key": "this-agreement", "type": "clause", "offset": [183, 197]}, {"key": "other-loan-documents", "type": "clause", "offset": [203, 223]}, {"key": "provisions-of", "type": "clause", "offset": [239, 252]}, {"key": "other-documents", "type": "clause", "offset": [303, 318]}, {"key": "to-extend", "type": "clause", "offset": [419, 428]}, {"key": "at-any-time", "type": "clause", "offset": [650, 661]}, {"key": "from-time-to-time", "type": "clause", "offset": [740, 757]}, {"key": "rights-and-privileges", "type": "definition", "offset": [762, 783]}, {"key": "available-to", "type": "definition", "offset": [784, 796]}, {"key": "agreement-or", "type": "definition", "offset": [811, 823]}], "snippet": "Each Lender acknowledges that it has, independently of the Administrative Agent and each other Lender, and based on such Lender's review of the financial information of 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 the Administrative Agent 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.", "hash": "94355e564680a4815d3874a3aa5a4a3b", "id": 3}, {"samples": [{"hash": "jZYoS7ZOs2d", "uri": "/contracts/jZYoS7ZOs2d#credit-decisions", "label": "Credit Agreement (Comfort Systems Usa Inc)", "score": 36.6687202454, "published": true}, {"hash": "6hcP1RGC59T", "uri": "/contracts/6hcP1RGC59T#credit-decisions", "label": "Credit Agreement (Comfort Systems Usa Inc)", "score": 31.1519508362, "published": true}, {"hash": "bIpZskp8a5m", "uri": "/contracts/bIpZskp8a5m#credit-decisions", "label": "Credit Agreement (Comfort Systems Usa Inc)", "score": 29.5639972687, "published": true}], "size": 57, "snippet_links": [{"key": "lender-party", "type": "definition", "offset": [5, 17]}, {"key": "other-lender", "type": "definition", "offset": [88, 100]}, {"key": "own-analysis", "type": "clause", "offset": [117, 129]}, {"key": "contemplated-hereby", "type": "clause", "offset": [163, 182]}, {"key": "independent-decision", "type": "definition", "offset": [195, 215]}, {"key": "to-enter", "type": "definition", "offset": [216, 224]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [235, 273]}, {"key": "based-on", "type": "definition", "offset": [392, 400]}, {"key": "documents-and-information", "type": "clause", "offset": [406, 431]}, {"key": "at-the-time", "type": "clause", "offset": [461, 472]}, {"key": "taking-action", "type": "definition", "offset": [533, 546]}, {"key": "the-loan-documents", "type": "clause", "offset": [553, 571]}], "snippet": "Each Lender Party acknowledges that it has, independently and without reliance upon any other Lender Party, made its own analysis of Borrower and the transactions contemplated hereby and its own independent decision to enter into this Agreement and the other Loan Documents. Each Lender Party also acknowledges that it will, independently and without reliance upon any other Lender Party and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents.", "hash": "f65e38a44f663cd38a25815aea139403", "id": 4}, {"samples": [{"hash": "6pIhk0iPKXg", "uri": "/contracts/6pIhk0iPKXg#credit-decisions", "label": "Credit Agreement (Burlington Stores, Inc.)", "score": 36.57289505, "published": true}, {"hash": "6kObepGnfMB", "uri": "/contracts/6kObepGnfMB#credit-decisions", "label": "Credit Agreement (Burlington Stores, Inc.)", "score": 35.7351112366, "published": true}, {"hash": "ezG5lSCRopy", "uri": "/contracts/ezG5lSCRopy#credit-decisions", "label": "Credit Agreement (Burlington Stores, Inc.)", "score": 35.4469528198, "published": true}], "size": 54, "snippet_links": [{"key": "the-agents", "type": "definition", "offset": [31, 41]}, {"key": "other-secured-party", "type": "definition", "offset": [127, 146]}, {"key": "based-on", "type": "definition", "offset": [152, 160]}, {"key": "the-financial-statements", "type": "clause", "offset": [161, 185]}, {"key": "prepared-by", "type": "definition", "offset": [186, 197]}, {"key": "other-documents-and-information", "type": "clause", "offset": [224, 255]}, {"key": "credit-analysis", "type": "clause", "offset": [299, 314]}, {"key": "the-business", "type": "clause", "offset": [338, 350]}, {"key": "condition-of-the-loan-parties", "type": "clause", "offset": [406, 435]}, {"key": "to-enter", "type": "definition", "offset": [466, 474]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [485, 523]}, {"key": "credit-party", "type": "clause", "offset": [530, 542]}, {"key": "at-the-time", "type": "clause", "offset": [751, 762]}, {"key": "conditions-precedent-to-closing", "type": "definition", "offset": [836, 867]}, {"key": "revolving-credit-loan", "type": "definition", "offset": [872, 893]}, {"key": "any-action", "type": "definition", "offset": [952, 962]}], "snippet": "Each Secured Party (other than the Agents) acknowledges that it has, independently and without reliance upon the Agents or any other Secured Party, and based on the financial statements prepared by the Loan Parties and such other documents and information as it has deemed appropriate, made its own credit analysis and investigation into the business, assets, operations, property, and financial and other condition of the Loan Parties and has made its own decision to enter into this Agreement and the other Loan Documents. Each Credit Party (other than the Agents) also acknowledges that it will, independently and without reliance upon the Agents or any other Secured Party, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in determining whether or not conditions precedent to closing any Revolving Credit Loan hereunder have been satisfied and in taking or not taking any action under this Agreement and the other Loan Documents.", "hash": "6914f72526205aef5845b38d39dce782", "id": 5}, {"samples": [{"hash": "fyQeeIcTd4Q", "uri": "/contracts/fyQeeIcTd4Q#credit-decisions", "label": "Credit Agreement (Ingram Micro Inc)", "score": 18.0, "published": true}, {"hash": "5aCNjiu2ouo", "uri": "/contracts/5aCNjiu2ouo#credit-decisions", "label": "Credit Agreement (Ingram Micro Inc)", "score": 18.0, "published": true}, {"hash": "2KsjoFvFDkI", "uri": "/contracts/2KsjoFvFDkI#credit-decisions", "label": "Credit Agreement (Ingram Micro Inc)", "score": 18.0, "published": true}], "size": 27, "snippet_links": [{"key": "each-lender", "type": "clause", "offset": [0, 11]}, {"key": "the-agents", "type": "definition", "offset": [55, 65]}, {"key": "other-lender", "type": "definition", "offset": [75, 87]}, {"key": "based-on", "type": "definition", "offset": [93, 101]}, {"key": "information-of", "type": "clause", "offset": [140, 154]}, {"key": "each-obligor", "type": "clause", "offset": [155, 167]}, {"key": "this-agreement", "type": "clause", "offset": [169, 183]}, {"key": "other-loan-documents", "type": "clause", "offset": [189, 209]}, {"key": "provisions-of", "type": "clause", "offset": [225, 238]}, {"key": "other-documents", "type": "clause", "offset": [289, 304]}, {"key": "make-available", "type": "definition", "offset": [408, 422]}, {"key": "any-non", "type": "clause", "offset": [460, 467]}, {"key": "credit-extensions", "type": "clause", "offset": [473, 490]}, {"key": "at-any-time", "type": "clause", "offset": [682, 693]}, {"key": "from-time-to-time", "type": "clause", "offset": [772, 789]}, {"key": "rights-and-privileges", "type": "definition", "offset": [794, 815]}, {"key": "available-to", "type": "definition", "offset": [816, 828]}, {"key": "agreement-or", "type": "definition", "offset": [843, 855]}], "snippet": "Each Lender acknowledges that it has, independently of the Agents and each other Lender, and based on such Lender's review of the financial information of each Obligor, 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 make available its Commitment and to make available any Non-Rata Credit Extensions. Each Lender also acknowledges that it will, independently of the Agents 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.", "hash": "b15ba456704bdf28070ee628568d11d3", "id": 7}, {"samples": [{"hash": "6CYvG50Arqi", "uri": "/contracts/6CYvG50Arqi#credit-decisions", "label": "Term Loan Agreement (Noble Energy Inc)", "score": 27.0150585175, "published": true}, {"hash": "2CsSOW61hb5", "uri": "/contracts/2CsSOW61hb5#credit-decisions", "label": "Credit Agreement (Noble Energy Inc)", "score": 21.0, "published": true}, {"hash": "ebwXfmLatZ4", "uri": "/contracts/ebwXfmLatZ4#credit-decisions", "label": "364 Day Credit Agreement (Noble Energy Inc)", "score": 19.0, "published": true}], "size": 26, "snippet_links": [{"key": "each-lender", "type": "clause", "offset": [0, 11]}, {"key": "to-extend", "type": "clause", "offset": [66, 75]}, {"key": "the-agents", "type": "definition", "offset": [131, 141]}, {"key": "other-lender", "type": "definition", "offset": [151, 163]}, {"key": "based-on", "type": "definition", "offset": [174, 182]}, {"key": "information-of-the-borrower", "type": "clause", "offset": [221, 248]}, {"key": "this-agreement", "type": "clause", "offset": [250, 264]}, {"key": "other-loan-documents", "type": "clause", "offset": [270, 290]}, {"key": "provisions-of", "type": "clause", "offset": [306, 319]}, {"key": "other-documents", "type": "clause", "offset": [370, 385]}, {"key": "from-time-to-time", "type": "clause", "offset": [577, 594]}, {"key": "rights-and-privileges", "type": "definition", "offset": [599, 620]}, {"key": "available-to", "type": "definition", "offset": [621, 633]}, {"key": "agreement-or", "type": "definition", "offset": [648, 660]}, {"key": "at-any-time", "type": "clause", "offset": [848, 859]}], "snippet": "Each Lender acknowledges that it has made its own credit decision to extend its Commitments hereunder (i) independently of each of the Agents and each other Lender, and (ii) based on such Lender\u2019s review of the financial information of 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. Each Lender also acknowledges that it will 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 (i) independently of each of the Agents and each other Lender, and (ii) based on such other documents, information and investigations as it shall deem appropriate at any time.", "hash": "19ae53e0d2f2c8db16f36336ee61ba78", "id": 8}, {"samples": [{"hash": "2OGKcbrGcvd", "uri": "/contracts/2OGKcbrGcvd#credit-decisions", "label": "Wholesale and Parts Financing Agreement (CNH Industrial Capital LLC)", "score": 37.1533203125, "published": true}, {"hash": "btIsVdPbiO6", "uri": "/contracts/btIsVdPbiO6#credit-decisions", "label": "Wholesale and Parts Financing Agreement (CNH Industrial Capital LLC)", "score": 36.1594810486, "published": true}, {"hash": "iM4Z5a89TTi", "uri": "/contracts/iM4Z5a89TTi#credit-decisions", "label": "Wholesale and Parts Financing Agreement (CNH Industrial Capital LLC)", "score": 35.2012329102, "published": true}], "size": 18, "snippet_links": [{"key": "cnhi-capital", "type": "definition", "offset": [0, 12]}, {"key": "credit-standards", "type": "clause", "offset": [36, 52]}, {"key": "respond-to", "type": "definition", "offset": [130, 140]}, {"key": "credit-applications", "type": "clause", "offset": [141, 160]}, {"key": "receipt-of", "type": "clause", "offset": [192, 202]}, {"key": "requested-information", "type": "definition", "offset": [207, 228]}, {"key": "provide-to", "type": "clause", "offset": [322, 332]}, {"key": "as-required-by", "type": "clause", "offset": [343, 357]}, {"key": "applicable-law", "type": "definition", "offset": [358, 372]}, {"key": "the-applicant", "type": "clause", "offset": [377, 390]}], "snippet": "CNHi Capital shall apply reasonable credit standards in determining the creditworthiness of Dealers. CNHi Capital shall strive to respond to credit applications within two (2) weeks following receipt of all requested information and material. If CNHi Capital conditions or rejects a Dealer application, CNHi Capital shall provide to CNHi and, as required by applicable law, to the applicant, the reasons for such conditioning or rejection.", "hash": "967ba81bc0db20c4819ead879cad098c", "id": 9}, {"samples": [{"hash": "9nolGcB41yA", "uri": "/contracts/9nolGcB41yA#credit-decisions", "label": "Credit Agreement (Ares Core Infrastructure Fund)", "score": 36.5811080933, "published": true}, {"hash": "47tEcrnij0s", "uri": "/contracts/47tEcrnij0s#credit-decisions", "label": "Credit Agreement (Ares Core Infrastructure Fund)", "score": 36.2114982605, "published": true}], "size": 14, "snippet_links": [{"key": "each-lender", "type": "clause", "offset": [0, 11]}, {"key": "represents-and-warrants-that-it", "type": "clause", "offset": [35, 66]}, {"key": "reliance-on-the-administrative-agent", "type": "clause", "offset": [101, 137]}, {"key": "other-lender", "type": "definition", "offset": [169, 181]}, {"key": "based-on", "type": "definition", "offset": [205, 213]}, {"key": "financial-condition", "type": "definition", "offset": [242, 261]}, {"key": "the-obligors", "type": "clause", "offset": [277, 289]}, {"key": "the-loan-documents", "type": "clause", "offset": [291, 309]}, {"key": "provisions-of", "type": "clause", "offset": [325, 338]}, {"key": "to-extend", "type": "clause", "offset": [505, 514]}, {"key": "credit-extensions", "type": "clause", "offset": [540, 557]}, {"key": "on-behalf-of", "type": "definition", "offset": [572, 584]}, {"key": "interest-rate-hedge-providers", "type": "definition", "offset": [635, 664]}, {"key": "other-secured-party", "type": "definition", "offset": [675, 694]}, {"key": "related-parties", "type": "definition", "offset": [819, 834]}, {"key": "representations-or-warranties", "type": "clause", "offset": [849, 878]}, {"key": "representation-or-warranty", "type": "clause", "offset": [1055, 1081]}, {"key": "at-any-time", "type": "clause", "offset": [1428, 1439]}, {"key": "from-time-to-time", "type": "clause", "offset": [1591, 1608]}, {"key": "rights-and-privileges", "type": "definition", "offset": [1613, 1634]}, {"key": "available-to", "type": "definition", "offset": [1635, 1647]}, {"key": "agent-shall", "type": "definition", "offset": [1721, 1732]}, {"key": "no-duty", "type": "clause", "offset": [1738, 1745]}, {"key": "the-lenders", "type": "clause", "offset": [1874, 1885]}, {"key": "dsr-lc-issuers", "type": "definition", "offset": [1893, 1907]}, {"key": "to-provide", "type": "definition", "offset": [1911, 1921]}, {"key": "other-information", "type": "definition", "offset": [1969, 1986]}, {"key": "making-of-the-loans", "type": "clause", "offset": [2055, 2074]}, {"key": "the-issuance", "type": "clause", "offset": [2078, 2090]}, {"key": "dsr-letters-of-credit", "type": "clause", "offset": [2098, 2119]}, {"key": "no-responsibility", "type": "clause", "offset": [2221, 2238]}, {"key": "with-respect-to", "type": "clause", "offset": [2239, 2254]}, {"key": "information-provided", "type": "clause", "offset": [2298, 2318]}, {"key": "reports-and-other-documents", "type": "clause", "offset": [2381, 2408]}, {"key": "any-person", "type": "clause", "offset": [2657, 2667]}, {"key": "the-business", "type": "clause", "offset": [2761, 2773]}, {"key": "possession-of-the-collateral", "type": "clause", "offset": [2899, 2927]}, {"key": "agreement-or", "type": "definition", "offset": [3199, 3211]}, {"key": "lender-assignment-agreement", "type": "clause", "offset": [3214, 3241]}, {"key": "and-funding", "type": "clause", "offset": [3242, 3253]}, {"key": "loans-on-the-closing-date", "type": "clause", "offset": [3258, 3283]}, {"key": "date-of", "type": "clause", "offset": [3336, 3343]}, {"key": "the-case", "type": "definition", "offset": [3381, 3389]}, {"key": "receipt-of", "type": "clause", "offset": [3435, 3445]}, {"key": "consented-to", "type": "definition", "offset": [3451, 3463]}, {"key": "other-loan", "type": "definition", "offset": [3483, 3493]}, {"key": "approved-by", "type": "definition", "offset": [3556, 3567]}, {"key": "the-required-lenders", "type": "clause", "offset": [3616, 3636]}], "snippet": "Each Lender and each DSR LC Issuer represents and warrants that it has, independently of and without reliance on the Administrative Agent, the Collateral Agent and each other Lender and DSR LC Issuer, and based on such Person\u2019s review of the financial condition and affairs of the Obligors, the Loan Documents (the terms and provisions of which being satisfactory to such Person) and such other documents, information and investigations as such Person has deemed appropriate, made its own credit decision to extend its Commitments and make Credit Extensions. Each Lender (on behalf of itself and for its Affiliates that may be Secured Interest Rate Hedge Providers) and each other Secured Party (as applicable and other than the Collateral Agent) expressly acknowledges that neither the Collateral Agent nor any of its Related Parties have made any representations or warranties to it and that no act by the Collateral Agent hereinafter taken, including any review of the affairs of any Obligor or any of its Affiliates, shall be deemed to constitute any representation or warranty by the Collateral Agent to any such Person. Each Lender and each DSR LC Issuer also represents and warrants that it will, independently of and without reliance on the Administrative Agent, the Collateral Agent and each other Lender and DSR LC Issuer, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own appraisal of the creditworthiness of the Obligors and its own credit decisions, including as to exercising or not exercising from time to time any rights and privileges available to it under the Loan Documents. The Administrative Agent and the Collateral Agent shall have no duty or responsibility, either initially or on a continuing basis, to make any such investigation or any such appraisal on behalf of the Lenders or the DSR LC Issuers or to provide any Lender or DSR LC Issuer with any credit or other information with respect thereto, whether coming into its possession before the making of the Loans or the issuance of any DSR Letters of Credit or at any time or times thereafter, and the Administrative Agent and the Collateral Agent shall have no responsibility with respect to the accuracy of or the completeness of any information provided to the Lenders or the DSR LC Issuers. Except for any notices, reports and other documents expressly required to be furnished by the Administrative Agent or Collateral Agent, as applicable, under the Loan Documents, neither the Administrative Agent nor the Collateral Agent, as applicable, shall have any duty or responsibility to provide any Person with any notices, reports or documents, including any credit or other information concerning the business, operations, property, condition (financial or other), prospects or creditworthiness of any Obligor, which may come into the possession of the Collateral Agent or any of its officers, directors, employees, agents, attorneys in fact or Affiliates. Each Secured Party (including each Lender on behalf of itself and any of its Affiliates that are Secured Interest Rate Hedge Providers), by delivering its signature page to this Agreement or a Lender Assignment Agreement and funding its Loans on the Closing Date or purchasing its Loans on the applicable effective date of such Lender Assignment Agreement, as the case may be, shall be deemed to have acknowledged receipt of, and consented to and approved, each other Loan Document and each other document or instrument required to be approved by the Administrative Agent, the Collateral Agent, the Required Lenders or the Lenders, as applicable, on the Closing Date.", "hash": "015de41896a86f31320c073b2f88b3c4", "id": 10}], "next_curs": "ClkSU2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjULEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhljcmVkaXQtZGVjaXNpb25zIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"children": [["role-of-the-information-service-provider", "Role of the Information Service Provider"], ["notification-and-duration-of-our-credit-decision", "Notification and duration of our Credit Decision"], ["", ""], ["maximum-amount-of-discretionary-zone", "MAXIMUM AMOUNT OF DISCRETIONARY ZONE"], ["credit-decisions", "CREDIT DECISIONS"]], "size": 968, "parents": [["agent", "Agent"], ["the-agents", "The Agents"], ["the-agent", "The Agent"], ["administrative-agent", "Administrative Agent"], ["affirmative-covenants", "Affirmative Covenants"]], "title": "Credit Decisions", "id": "credit-decisions", "related": [["credit-decision", "Credit Decision", "Credit Decision"], ["lenders-credit-decisions", "Lenders\u2019 Credit Decisions", "Lenders\u2019 <strong>Credit Decisions</strong>"], ["bank-credit-decision", "Bank Credit Decision", "Bank Credit Decision"], ["independent-credit-decisions", "Independent Credit Decisions", "Independent <strong>Credit Decisions</strong>"], ["lender-credit-decision", "Lender Credit Decision", "Lender Credit Decision"]], "related_snippets": [], "updated": "2026-04-19T04:24:51+00:00", "also_ask": ["What negotiation leverage can be gained or lost through the credit decision process?", "Which essential terms must be included to protect against arbitrary or discriminatory credit decisions?", "What are the most common legal pitfalls or fatal flaws in credit decision clauses?", "How do credit decision standards in this agreement compare to industry norms or statutory requirements?", "What factors most influence a court\u2019s willingness to enforce or scrutinize a credit decision clause?"], "drafting_tip": "Specify decision-making authority, outline evaluation criteria, and require documentation to ensure clarity, consistency, and accountability in credit decisions.", "explanation": "The 'Credit Decisions' clause defines the authority and process by which a party, typically a lender or supplier, evaluates and determines the creditworthiness of another party before extending credit or financial terms. In practice, this clause may outline the criteria used for credit assessment, such as reviewing financial statements, credit scores, or payment history, and can reserve the right to adjust or withdraw credit terms based on ongoing evaluations. Its core function is to manage financial risk by ensuring that credit is only extended to parties deemed reliable, thereby protecting the creditor from potential losses due to non-payment or default."}, "json": true, "cursor": ""}}