Common use of Independent Analysis Clause in Contracts

Independent Analysis. The Guarantor has, independently and without reliance upon the Administrative Agent or any other Secured Party and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Guarantee Agreement. The Guarantor has investigated fully the benefits and advantages which will be derived by it from execution of this Guarantee Agreement, and the Managers of the Guarantor have decided that a direct or an indirect benefit will accrue to such Guarantor by reason of the execution of this Guarantee Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Orion Power Holdings Inc), Credit Agreement (Orion Power Holdings Inc)

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Independent Analysis. The Guarantor has, independently and without reliance upon the Administrative Agent or any other Secured Party and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Guarantee Agreement. The Guarantor has investigated fully the benefits and advantages which will be derived by it from execution of this Guarantee Agreement, and the Managers Board of Directors of the Guarantor have has decided that a direct or an indirect benefit will accrue to such Guarantor by reason of the execution of this Guarantee Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Orion Power Holdings Inc), Credit Agreement (Orion Power Holdings Inc)

Independent Analysis. The Guarantor has, independently and without reliance upon the Administrative Agent or any other Secured Party and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Guarantee Agreement. The Guarantor has investigated fully the benefits and advantages which will be derived by it from execution of this Guarantee Agreement, and the Managers general partner or manager of the Guarantor have has decided that a direct or an indirect benefit will accrue to such the Guarantor by reason of the execution of this Guarantee Agreement.

Appears in 1 contract

Samples: Credit Agreement (Orion Power Holdings Inc)

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Independent Analysis. The Such Guarantor has, independently and without reliance upon the Administrative Agent or any other Secured Party and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Guarantee Agreement. The Such Guarantor has investigated fully the benefits and advantages which will be derived by it from execution of this Guarantee Agreement, and the Managers Board of Directors of the general partner of such Guarantor have has decided that a direct or an indirect benefit will accrue to such Guarantor by reason of the execution of this Guarantee Agreement.

Appears in 1 contract

Samples: Credit Agreement (Orion Power Holdings Inc)

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