Common use of Independent Credit Decisions Clause in Contracts

Independent Credit Decisions. Each Bank acknowledges to the Agents that it has, independently and without reliance upon the Agents or any other Bank, and based upon such documents and information as it has deemed appropriate, made its own independent credit analysis and decision to enter into this Agreement. Each Bank also acknowledges that it will, independently or through other advisers and representatives but without reliance upon the Agents or any other Bank, and based upon such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or refraining from taking any action under this Agreement or any Loan Document.

Independent Credit Decisions. Each Bank acknowledges to the Agents Agent that it has, independently and without reliance upon the Agents Agent or any other Bank, and based upon such documents and information as it has deemed appropriate, made its own independent credit analysis and decision to enter into this Agreement. Each Bank also acknowledges that it will, independently or through other advisers and representatives but without reliance upon the Agents Agent or any other Bank, and based upon such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or refraining from taking any action under this Agreement or any Loan Document.

Independent Credit Decisions. Each Bank acknowledges to the Agents Administrative Agent that it has, independently and without reliance upon the Agents Administrative Agent or any other Bank, and based upon such documents and information as it has deemed appropriate, made its own independent credit analysis and decision to enter into this Agreement. Each Bank also acknowledges that it will, independently or through other advisers and representatives but without reliance upon the Agents Administrative Agent or any other Bank, and based upon such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or refraining from taking any action under this Agreement or any Loan Document.

Independent Credit Decisions. Each Bank acknowledges to the Agents that it has, independently and without reliance upon the Agents Agent or any other Bank, and based upon on the initial financial statements prepared by the Borrower and such other documents and information as it has deemed appropriate, made its own independent credit analysis and decision to enter into this AgreementAgreement and the other Loan Documents. Each Bank also acknowledges that it will, independently or through other advisers and representatives but without reliance upon the Agents Agent or any other Bank, and based upon on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or refraining from not taking any action under this Agreement or any and the other Loan DocumentDocuments.

Independent Credit Decisions. Each Bank acknowledges to the Agents agrees that it has, has independently and without reliance upon on the Agents Agent, the Issuing Bank, or any other Bank, and based upon on such documents and information as it has deemed appropriate, made its own independent credit analysis of the Borrower and the Obligated Parties and decision to enter into this Agreement. Each Bank also acknowledges Agreement and that it will, independently or through other advisers and representatives but without reliance upon the Agents or any other Bank, and based upon such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or refraining from taking any action under this Agreement or any Loan Document.,

Independent Credit Decisions. Each Bank acknowledges to the Agents Agent ---------------------------- that it has, independently and without reliance upon the Agents Agent or any other Bank, and based upon such documents and information as it has deemed appropriate, made its own independent credit analysis and decision to enter into this Agreement. Each Bank also acknowledges that it will, independently or through other advisers and representatives but without reliance upon the Agents Agent or any other Bank, and based upon such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or refraining from taking any action under this Agreement or any Loan Document.