Common use of Financial Condition of the Obligors Clause in Contracts

Financial Condition of the Obligors. Except as provided under the Credit Agreement, no Obligor shall have any right to require the Lender Group to obtain or disclose any information with respect to: (i) the financial condition or character of any other Obligor or the ability of the other Obligor 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 the Lender Group or any other Person; or (vi) any other matter, fact, or occurrence whatsoever.

Appears in 4 contracts

Samples: Intercompany Subordination Agreement, Intercompany Subordination Agreement (Velocity Express Corp), Intercompany Subordination Agreement (Velocity Express Corp)

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Financial Condition of the Obligors. Except as provided under the Credit Loan Agreement, no each Obligor shall not have any right to require the Lender Group to obtain or disclose any information with respect to: (i) the financial condition or character of any other Obligor or the ability of the other Obligor 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 the Lender Group or any other Person; or (vi) any other matter, fact, or occurrence whatsoever.

Appears in 3 contracts

Samples: Intercompany Subordination Agreement (Frontstep Inc), Intercompany Subordination Agreement (Star Telecommunications Inc), Intercompany Subordination Agreement (Iron Age Holdings Corp)

Financial Condition of the Obligors. Except as provided under the Credit Financing Agreement, no each Obligor shall not have any right to require the Lender Group to obtain or disclose any information with respect to: (i) the financial condition or character of any other Obligor or the ability of the other Obligor 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 the Lender Group or any other Person; or (vi) any other matter, fact, or occurrence whatsoever.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Elgar Holdings Inc)

Financial Condition of the Obligors. Except as provided under the Credit Loan Agreement, no each Obligor shall not have any right to require the Lender Group to obtain or disclose any information with respect to: (i) the financial condition or character of any other Obligor or the ability of the such other Obligor 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 the Lender Group or any other Person; or (vi) any other matter, fact, or occurrence whatsoever.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Sugarfina Corp)

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Financial Condition of the Obligors. Except as provided or otherwise permitted under the Credit AgreementFinancing Agreement or any Loan Document, no Obligor shall have any right to require the Lender Group to obtain or disclose any information with respect to: (i) the financial condition or character of any other Obligor or the ability of the other Obligor 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 the Lender Group or any other Person; or (vi) any other matter, fact, or occurrence whatsoever.

Appears in 1 contract

Samples: Financing Agreement (Dice Holdings, Inc.)

Financial Condition of the Obligors. Except as provided under the Credit Financing Agreement, no each Obligor shall not have any right to require the Agent or any Lender Group to obtain or disclose any information with respect to: (i) the financial condition or character of any other Obligor or the ability of the any other Obligor 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 the Agent, any Lender Group or any other Person; or (vi) any other matter, fact, or occurrence whatsoever.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Composite Technology Corp)

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