Financial Condition of Debtor. Guarantor represents and warrants ----------------------------- to Guarantied Party that it is currently informed of the financial condition of Debtor and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Guarantor further represents and warrants to Guarantied Party that it has read and understands the terms and conditions of the Loan Agreement and the other Loan Documents. Guarantor hereby covenants that it will continue to keep itself informed of Debtor's financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.
Financial Condition of Debtor. Each Guarantor represents and ----------------------------- warrants to the Lender Group that it is currently informed of the financial condition of each other Debtor and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor further represents and warrants to the Lender Group that it has read and understands the terms and conditions of the Financing Agreement and the Additional Documents. Each Guarantor hereby covenants that it will continue to keep itself informed of each other Debtor's financial condition, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.
Financial Condition of Debtor. The consolidated financial statements of Debtor heretofore delivered to Secured Party are complete and correct, have been prepared in accordance with generally accepted accounting principles consistently applied, and present fairly the financial position of Debtor as at said date and the results of its operations for the period ended on said date, and there has been no material adverse change in the financial condition, business or operations of Debtor since said date.
Financial Condition of Debtor. Any extensions of credit may be granted to Debtor or continued from time to time without notice to or authorization from Guarantor regardless of the financial or other condition of Debtor at the time of any such grant or continuation. Beneficiary will have no obligation to disclose or discuss with Guarantor its assessment, or Guarantor's assessment, of the financial condition of Debtor. Guarantor has adequate means to obtain information from Debtor on a continuing basis concerning the financial condition of Debtor and its ability to perform its obligations under the Loan Documents, and Guarantor assumes the responsibility for being and keeping informed of the financial condition of Debtor and of all circumstances bearing upon the risk of nonpayment of the Guarantied Obligations. Guarantor hereby waives and relinquishes any duty on the part of Beneficiary to disclose any matter, fact or thing relating to the business, operations or conditions of Debtor now known or hereafter known by Beneficiary.
Financial Condition of Debtor. Guarantor represents and warrants to Guarantied Party that it is currently informed of the financial condition of Debtor and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Guarantor further represents and warrants to Guarantied Party that it has read and understands the terms and conditions of the Loan Agreement and the other UK Loan Documents. Guarantor hereby covenants that it will continue to keep itself informed of Debtor's financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.
Financial Condition of Debtor. No Holdings Subsidiary shall have any right to require Foothill to obtain or disclose any information with respect to: (i) the financial condition or character of Debtor or the ability of Debtor to pay and perform Senior Debt; (ii) the Senior Debt; (iii) the Collateral or other security for any or all of the Senior Debt; (iv) the existence or nonexistence of any guarantees of, or any other subordination agreements with respect to, all or any part of the Senior Debt; (v) any action or inaction on the part of Foothill or any other Person; or (vi) any other matter, except as otherwise expressly required by any provision of any Loan Document or law (except to the extent that any otherwise applicable requirement of law has been waived by such Holdings Subsidiary pursuant to a legally enforceable waiver).
Financial Condition of Debtor. Debtor is Solvent. All financial or credit statements or information of or relating to Debtor delivered to or relied upon by the Lenders prior to, contemporaneously with, or subsequent to the execution of this Security Agreement, are true, correct, complete, and valid and accurately reflect Debtor's financial condition.
Financial Condition of Debtor. With the exception of the notice ----------------------------- requirements of subsection 4(b) above, Junior Lender shall not have any right to require Foothill to obtain or disclose any information with respect to: (i) the financial condition or character of Debtor or the ability of Debtor to pay and perform Senior Debt; (ii) the Senior Debt; (iii) the Collateral or other security for any or all of the Senior Debt; (iv) the existence or nonexistence of any guarantees of, or any other subordination agreements with respect to, all or any part of the Senior Debt; (v) any action or inaction on the part of Foothill or any other Person; or (vi) any other matter, except as otherwise expressly required by any provision of any Loan Document or law (except to the extent that any otherwise applicable requirement of law has been waived by Junior Lender pursuant to a legally enforceable waiver).
Financial Condition of Debtor. The consolidated proforma financial statements of Debtor dated as of the Closing Date heretofore delivered to Bank are complete and correct, have been prepared in accordance with generally accepted accounting principles consistently applied, and present fairly the financial position of Debtor as at said date and the results of its operations for the period ended on said date, and there has been no material adverse change in the financial condition, business or operations of Debtor since said date.
Financial Condition of Debtor. Credit may be extended to the Debtor or continued from time to time without notice to or authorization from the Guarantor regardless of the financial or other condition of the Debtor at the time of any such grant or continuation. Creditor shall have no duty to advise Guarantor of any information known to Creditor regarding such circumstances or risks.
