Disclosures; Non-Reliance. Each Lender has the means to, and shall in the future remain, fully informed as to the financial condition and other affairs of Borrower and no Lender shall have any obligation or duty to disclose any such information to the other Lenders. Except as expressly set forth in this Agreement, the parties hereto have not otherwise made to each other nor do they hereby make to each other any warranties, express or implied, nor do they assume any liability to each other with respect to: (a) the enforceability, validity, value or collectability of any of the Obligations or any guarantee or security which may have been granted to any of them in connection therewith, (b) the Borrower's or any Obligors' title to or right to transfer any of the Collateral, or (c) any other matter except as expressly set forth in this Agreement.
Appears in 2 contracts
Samples: Intercreditor and Subordination Agreement (S&W Seed Co), Intercreditor and Subordination Agreement (S&W Seed Co)
Disclosures; Non-Reliance. Each Lender of the Secured Parties has the means toto be, and shall in the future remain, fully informed as to the financial condition and other affairs of Borrower the Grantors and their subsidiaries and no Lender Secured Party shall have any obligation or duty hereunder to disclose any such information to the any other LendersSecured Party. Except as expressly set forth in this Agreement, the parties hereto Secured Parties have not otherwise made to each other one another nor do they hereby make to each other one another any warranties, express or implied, nor do they assume any liability to each other one another, with respect to: to (a) the enforceability, validity, value or collectability of any of the Bank Obligations or the Note Obligations or any guarantee or security which may have been granted to any of them in connection therewith, (b) the Borrower's or any Obligors' Grantor’s title to or right to transfer any of the Collateral, Collateral or (c) any other matter except as expressly set forth in this Agreement.
Appears in 2 contracts
Samples: Intercreditor Agreement (Cellu Tissue Holdings, Inc.), Intercreditor Agreement (Cellu Tissue Holdings, Inc.)