Common use of Independent Banks Clause in Contracts

Independent Banks. Each Bank acknowledges that it has decided to enter into this Agreement and to make the Loans hereunder based on its own analysis of the transactions contemplated hereby and of the creditworthiness of the Borrower and the Guarantors and agrees that the Agent shall bear no responsibility therefor.

Appears in 11 contracts

Samples: Revolving Credit and Guaranty Agreement (Kasper a S L LTD), Revolving Credit and Guaranty Agreement (Brunos Inc), Revolving Credit and Guaranty Agreement (Marvel Entertainment Group Inc)

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Independent Banks. Each Bank acknowledges that it has decided ----------------- to enter into this Agreement and to make the Loans hereunder based on its own analysis of the transactions contemplated hereby and of the creditworthiness of the Borrower and the Guarantors and agrees that the Agent shall bear no responsibility therefor.

Appears in 3 contracts

Samples: Revolving Credit and Guaranty Agreement (Mariner Post Acute Network Inc), Revolving Credit and Guaranty Agreement (Galey & Lord Inc), Revolving Credit and Guaranty Agreement (Brunos Inc)

Independent Banks. Each Bank acknowledges that it has decided to enter into this Agreement and to make the Loans hereunder based on its own analysis of the transactions contemplated hereby and of the creditworthiness of the Borrower and the Guarantors Borrowers and agrees that the Agent shall bear no responsibility therefor.

Appears in 1 contract

Samples: Revolving Credit Agreement (Systemax Inc)

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Independent Banks. Each Bank acknowledges that it has decided to enter into ----------------- this Agreement and to make the Loans hereunder based on its own analysis of the transactions contemplated hereby and of the creditworthiness of the Borrower and the Guarantors and agrees that the Agent shall bear no responsibility therefor.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Armstrong World Industries Inc)

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