Common use of Financial Condition of Company Clause in Contracts

Financial Condition of Company. Any Loans may be granted to Company or continued from time to time without notice to or authorization from any Guarantor regardless of the financial or other condition of Company at the time of any such grant or continuation. Guarantied Parties and Agent shall have no obligation to disclose or discuss with any Guarantor their assessment, or any Guarantor's assessment, of the financial condition of Company. Each Guarantor has adequate means to obtain information from Company on a continuing basis concerning the financial condition of Company and its ability to perform its obligations under the Loan Documents and the Interest Rate Agreements, and each Guarantor assumes the responsibility for being and keeping informed of the financial condition of Company and of all circumstances bearing upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor hereby waives and relinquishes any duty on the part of Agent or any Guarantied Party to disclose any matter, fact or thing relating to the business, operations or conditions of Company now known or hereafter known by Agent or any Guarantied Party.

Appears in 1 contract

Samples: Credit Agreement (Dominicks Supermarkets Inc)

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Financial Condition of Company. Any Loans may be granted to Company or continued from time to time without notice to or authorization from any Guarantor regardless of the financial or other condition of Company at the time of any such grant or continuation, as the case may be. Guarantied Parties and Agent No Beneficiary shall have no any obligation to disclose or discuss with any Guarantor their its assessment, or any Guarantor's assessment, of the financial condition of Company. Each Guarantor has adequate means to obtain information from Company on a continuing basis concerning the financial condition of Company and its ability to perform its obligations under the Loan Documents and the Interest Rate AgreementsDocuments, and each Guarantor assumes the responsibility for being and keeping informed of the financial condition of Company and of all circumstances bearing upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor hereby waives and relinquishes any duty on the part of Agent or any Guarantied Party Beneficiary to disclose any matter, fact or thing relating 9 210 to the business, operations or conditions of Company now known or hereafter known by Agent or any Guarantied PartyBeneficiary.

Appears in 1 contract

Samples: Credit Agreement (Horseshoe Gaming Holding Corp)

Financial Condition of Company. Any Loans may be granted to Company ------------------------------ or continued from time to time without notice to or authorization from any Guarantor regardless of the financial or other condition of Company at the time of any such grant or continuation. Guarantied Parties Agent and Agent Banks shall have no obligation to disclose or discuss with any Guarantor their its assessment, or any Guarantor's assessment, of the financial condition of Company. Each Guarantor has adequate means to obtain information from Company on a continuing basis concerning the financial condition of Company and its ability to perform its obligations under the Loan Documents and the Interest Rate AgreementsCredit Agreement, and each Guarantor assumes the responsibility for being and keeping informed of the financial condition of Company and of all circumstances bearing upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor hereby waives and relinquishes any duty on the part of Agent or any Guarantied Party Bank to disclose any matter, fact or thing relating to the business, operations or conditions of Company now known or hereafter known by Agent or any Guarantied PartyBank.

Appears in 1 contract

Samples: Credit Agreement (Cb Richard Ellis Services Inc)

Financial Condition of Company. Any Loans advance of a Quarterly Funding Amount may be granted made to Company or continued from time to time without notice to or authorization from any Guarantor regardless of the financial or other condition of Company at the time of any such grant or continuationcontinuation is entered into, as the case may be. Guarantied Parties and Agent No Beneficiary shall have no any obligation to disclose or discuss with any Guarantor their its assessment, or any Guarantor's ’s assessment, of the financial condition of Company. Each Guarantor has adequate means to obtain information from Company on a continuing basis concerning the financial condition of Company and its ability to perform its obligations under the Loan Documents and the Interest Rate AgreementsDocuments, and each Guarantor assumes the responsibility for being and keeping informed of the financial condition of Company and of all circumstances bearing upon the risk of nonpayment non-payment of the Guarantied Guaranteed Obligations. Each Guarantor hereby waives and relinquishes any duty on the part of Agent or any Guarantied Party Beneficiary to disclose any matter, fact or thing relating to the business, operations or conditions of Company now known or hereafter known by Agent or any Guarantied PartyBeneficiary.

Appears in 1 contract

Samples: Financing Agreement (Clovis Oncology, Inc.)

Financial Condition of Company. Any Loans may be granted to Company or continued from time to time may be entered into from time to time, in each case without notice to or authorization from any Guarantor regardless of the financial or other condition of Company at the time of any such grant or continuation. Guarantied Parties and Agent No Beneficiary shall have no any obligation to disclose or discuss with any Guarantor their its assessment, or any Guarantor's assessment, of the financial condition of Company. Each Guarantor has adequate means to obtain information from Company on a continuing basis concerning the financial condition of Company and its ability to perform its obligations under the Loan Documents and the Interest Rate AgreementsDocuments, and each Guarantor assumes the responsibility for being and keeping informed of the financial condition of Company and of all circumstances bearing upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor hereby waives and relinquishes any duty on the part of Agent or any Guarantied Party Beneficiary to disclose any matter, fact or thing relating to the business, operations or conditions of Company now known or hereafter known by Agent or any Guarantied PartyBeneficiary.

Appears in 1 contract

Samples: Subsidiary Guaranty (Zilog Inc)

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Financial Condition of Company. Any Loans may be granted or Letters of Credit issued to Company or continued from time to time without notice to or authorization from any Guarantor regardless of the financial or other condition of Company at the time of any such grant or continuation. Guarantied Parties Lenders and Administrative Agent shall have no obligation to disclose or discuss with any Guarantor their assessment, or any Guarantor's assessment, of the financial condition of Company. Each Guarantor has adequate means to obtain information from Company on a continuing basis concerning the financial condition of Company and its ability to perform its obligations under the Loan Documents and the Interest Rate AgreementsDocuments, and each Guarantor assumes the responsibility for being and keeping informed of the financial condition of Company and of all circumstances bearing upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor hereby waives and relinquishes any duty on the part of Administrative Agent or any Guarantied Party Lender to disclose any matter, fact or thing relating to the business, operations or conditions of Company now known or hereafter known by Administrative Agent or any Guarantied PartyLender.

Appears in 1 contract

Samples: Guaranty (Players International Inc /Nv/)

Financial Condition of Company. Any Loans may be granted to ------------------------------ Company or continued from time to time without notice to or authorization from any Guarantor regardless of the financial or other condition of Company at the time of any such grant or continuation. Guarantied Parties Agent and Agent Banks shall have no obligation to disclose or discuss with any Guarantor their its assessment, or any Guarantor's assessment, of the financial condition of Company. Each Guarantor has adequate means to obtain information from Company on a continuing basis concerning the financial condition of Company and its ability to perform its obligations under the Loan Documents and the Interest Rate AgreementsCredit Agreement, and each Guarantor assumes the responsibility for being and keeping informed of the financial condition of Company and of all circumstances bearing upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor hereby waives and relinquishes any duty on the part of Agent or any Guarantied Party Bank to disclose any matter, fact or thing relating to the business, operations or conditions of Company now known or hereafter known by Agent or any Guarantied PartyBank.

Appears in 1 contract

Samples: Credit Agreement (Cb Commercial Real Estate Services Group Inc)

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