Debtor’s Financial Condition. The Guarantor is presently informed of the financial condition of Debtor and of all other circumstances which a reasonable inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. The Guarantor hereby covenants that it will continue to keep itself informed of Debtor's financial condition, the status of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment. Absent a written request for such information by the Guarantor to the Lender, the Guarantor hereby waives its right, if any, to require the Lender to disclose to it any information which the Lender may now or hereafter acquire concerning such condition or circumstances including, but not limited to, the release of or revocation by any other guarantor.
Appears in 4 contracts
Samples: Pre Merger Loan and Funding Agreement (Victory Energy Corp), Pre Merger Loan and Funding Agreement (Lucas Energy, Inc.), Pre Merger Loan and Funding Agreement (Victory Energy Corp)
