Common use of Independent Credit Decisions Clause in Contracts

Independent Credit Decisions. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or related agreement or any document furnished hereunder or thereunder.

Appears in 15 contracts

Samples: Credit Agreement (Darling Ingredients Inc.), Credit Agreement (Darling Ingredients Inc.), Credit Agreement (Darling Ingredients Inc.)

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Independent Credit Decisions. Each Lender acknowledges that it has, independently and without reliance upon the Administrative any Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative any Agent or any other Lender and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or related agreement or any document furnished hereunder or thereunder.

Appears in 10 contracts

Samples: Credit Agreement (Coty Inc.), Credit Agreement (Coty Inc.), Credit Agreement (Krispy Kreme, Inc.)

Independent Credit Decisions. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or related agreement or any document furnished hereunder or thereunder.

Appears in 4 contracts

Samples: Term Loan Agreement (Smithfield Foods Inc), Term Loan Agreement (Smithfield Foods Inc), Term Loan Agreement (Smithfield Foods Inc)

Independent Credit Decisions. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender and based on upon such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this AgreementAgreement and the Loan Documents. Each Lender also acknowledges that it will, independently and without reliance upon either the Administrative Agent or any other Lender and based on upon such documents and information as it shall from time to time deem appropriateappropriate at the time, continue to make its own credit decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or related agreement or any document furnished hereunder or thereunderunder the Loan Documents.

Appears in 4 contracts

Samples: Agency and Interlender Agreement (Naked Brand Group Inc.), Agency and Interlender Agreement (Vampt America, Inc.), Agency and Interlender Agreement (Search by HEADLINES.COM Corp.)

Independent Credit Decisions. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender Lender, and based on the initial financial statements prepared by the Borrower and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this AgreementAgreement and the other Loan Documents. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender Lender, and based on such documents and information as it shall from time to time deem appropriateappropriate at the time, continue to make its own credit decisions in taking or not taking action under or based upon this Agreement, any Agreement and the other Loan Document or related agreement or any document furnished hereunder or thereunderDocuments.

Appears in 4 contracts

Samples: Credit Agreement, Credit Agreement (QC Holdings, Inc.), Credit Agreement (QC Holdings, Inc.)

Independent Credit Decisions. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this AgreementAgreement as a Lender. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information (which may contain material, non-public information within the meaning of the United States securities laws concerning the Borrower and its Affiliates) as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or related agreement or any document furnished hereunder or thereunder.

Appears in 3 contracts

Samples: Credit Facility Agreement (Lennox International Inc), Credit Facility Agreement (Lennox International Inc), Credit Facility Agreement (Lennox International Inc)

Independent Credit Decisions. Each Lender acknowledges that it has, independently and without reliance upon the Administrative any Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative any Agent or any other Lender and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or related agreement or any document furnished hereunder or thereunder.this

Appears in 1 contract

Samples: Credit Agreement (Krispy Kreme, Inc.)

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Independent Credit Decisions. Each Lender acknowledges to the Agent that it has, independently and without reliance upon the Administrative Agent or any other Lender Lender, and based on upon such documents and information as it has deemed appropriate, made its own independent credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently or through other advisers and representatives but without reliance upon the Administrative Agent or any other Lender Lender, and based on upon such documents and information as it shall from time to time deem appropriateappropriate at the time, continue to make its own credit decisions in taking or not refraining from taking any action under or based upon this Agreement, any other Loan Document or related agreement Agreement or any document furnished hereunder or thereunderLoan Document.

Appears in 1 contract

Samples: Revolving Credit Agreement (Boston Technology Inc)

Independent Credit Decisions. Each Lender acknowledges agrees that it has, has independently and without reliance upon the Administrative on Agent or any other Lender Lender, and based on such documents and information as it has deemed appropriate, made its own credit analysis of Borrower and its Subsidiaries and the other Loan Parties and its own decision to enter into this Agreement. Each Lender also acknowledges Agreement and that it will, independently and without reliance upon the Administrative Agent or any other Lender Lender, and based on upon such documents and information as it shall from time to time deem appropriateappropriate at the time, continue to make its own analysis and decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or related agreement Agreement or any document furnished hereunder or thereunder.of the other Loan

Appears in 1 contract

Samples: Financing Agreement (Encore Wire Corp /De/)

Independent Credit Decisions. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender and based on the financial statements prepared by Borrower and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this AgreementAgreement and the other Loan Documents. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it shall from time to time deem appropriateappropriate at the time, continue to make its own credit decisions in taking or not taking action under or based upon this Agreement, any Agreement and the other Loan Document or related agreement or any document furnished hereunder or thereunderDocuments.

Appears in 1 contract

Samples: Loan Agreement (Omniquip International Inc)

Independent Credit Decisions. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or related agreement or any document furnished hereunder or thereunder.,

Appears in 1 contract

Samples: Capital Agreement (Louisiana Generating LLC)

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