Common use of Financial Condition of the Partnership Clause in Contracts

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