Common use of Due Diligence Performed; Parties Fully Informed; No Right to Rely Clause in Contracts

Due Diligence Performed; Parties Fully Informed; No Right to Rely. Each of the Borrower Parties hereby warrants, represents, and agrees that it has, by itself and with the assistance of counsel (or, if without the assistance of counsel, each Borrower Party having of its own volition chosen not to seek such assistance), performed any and all due diligence and investigation it deems necessary or desirable in connection with making a fully informed decision to enter into and sign this Agreement. Borrower Parties are relying on their own investigations and their own decision-making processes in determining to sign this Agreement, are not relying on the representations or omissions of each other or of Lender or any of the Lender Released Parties in so doing, and fully understand the terms and provisions of this Agreement and of the documents contemplated hereby.

Appears in 3 contracts

Samples: Loan Forbearance Agreement (Hospitality Investors Trust, Inc.), Forbearance Agreement (Hospitality Investors Trust, Inc.), Loan Forbearance Agreement (Hospitality Investors Trust, Inc.)

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Due Diligence Performed; Parties Fully Informed; No Right to Rely. Each of the Borrower Parties Borrower, each PH Entity and each Guarantor hereby warrants, represents, represents and agrees that it has, by itself and with the assistance of counsel (or, if without the assistance of counsel, each Borrower Party such party having of its own volition chosen not to seek such assistance), performed any and all due diligence and investigation it deems necessary or desirable in connection with making a fully informed decision to enter into and sign this Agreement. Borrower Parties Such parties are relying on their own investigations and their own decision-making processes in determining to sign this Agreement, are not relying on the representations or omissions of each other or of Lender or any of the Lender Released Parties in so doing, and fully understand the terms and provisions of this Agreement and of the documents contemplated hereby.

Appears in 1 contract

Samples: Third Modification Agreement (Bh Re LLC)

Due Diligence Performed; Parties Fully Informed; No Right to Rely. Each of the Borrower Parties Party to this Agreement hereby warrants, represents, represents and agrees that it has, by itself and with the assistance of counsel (or, if without the assistance of counsel, each Borrower such Party having of its own volition chosen not to seek such assistance), performed any and all due diligence and investigation it deems necessary or desirable in connection with making a fully informed decision to enter into and sign this Agreement. Borrower Parties Tenant and Guarantors are each relying on their its own investigations and their its own decision-making processes in determining to sign this Agreement, are not relying on the representations or omissions of each other or of Lender or any of the Lender Released Parties Landlord in so doing, and fully understand the terms and provisions of this Agreement and of the documents contemplated hereby.

Appears in 1 contract

Samples: Agreement Regarding Lease & Note (Regional Health Properties, Inc)

Due Diligence Performed; Parties Fully Informed; No Right to Rely. Each of the Borrower Parties hereby Obligor warrants, represents, represents and agrees that it has, by itself and with the assistance of counsel (or, if without the assistance of counsel, each Borrower Party such party having of its own volition chosen not to seek such assistance), performed any and all due diligence and investigation it deems necessary or desirable in connection with making a fully informed decision to enter into and sign this Agreement. Borrower Parties Obligors are relying on their own investigations and their own decision-making processes in determining to sign this Agreement, are not relying on the representations or omissions of each other or of Lender or any of the Lender Released Parties in so doing, and fully understand the terms and provisions of this Agreement and of the documents contemplated hereby.

Appears in 1 contract

Samples: Protective Advance Agreement (Bh Re LLC)

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Due Diligence Performed; Parties Fully Informed; No Right to Rely. Each of the Borrower Parties Party hereby warrants, represents, represents and agrees that it has, by itself and with the assistance of counsel (or, if without the assistance of counsel, each Borrower Party such party having of its own volition chosen not to seek such assistance), performed any and all due diligence and investigation it deems necessary or desirable in connection with making a fully informed decision to enter into and sign this Agreement. Borrower Parties are relying on their own investigations and their own decision-making processes in determining to sign this Agreement, are not relying on the representations or omissions of each other or of Lender or any of the Lender Released Parties in so doing, and fully understand the terms and provisions of this Agreement and of the documents contemplated hereby.

Appears in 1 contract

Samples: Restructuring Agreement (Strategic Hotels & Resorts, Inc)

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