Common use of Independent Credit Evaluation Clause in Contracts

Independent Credit Evaluation. The Guarantor has independently, and without reliance on any information supplied by any one or more of the Noteholders, taken, and will continue to take, whatever steps the Guarantor deems necessary to evaluate the financial condition and affairs of the Company, and the Noteholders shall have no duty to advise the Guarantor of information at any time known to the Noteholders regarding such financial condition or affairs.

Appears in 7 contracts

Samples: Note Purchase Agreement (Smucker J M Co), Guaranty Agreement (Smucker J M Co), Guaranty Agreement (Smucker J M Co)

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Independent Credit Evaluation. The Guarantor has independently, and without reliance on any information supplied by any one or more of the Noteholders, taken, and will continue to take, whatever steps the such Guarantor deems necessary to evaluate the financial condition and affairs of the Company, and the Noteholders shall have no duty to advise the Guarantor of information at any time known to the Noteholders regarding such financial condition or affairs.

Appears in 2 contracts

Samples: Note Agreement (Castle a M & Co), Note Agreement (Castle a M & Co)

Independent Credit Evaluation. The Each Subsidiary Guarantor has independently, and without reliance on any information supplied by any one or more of the Noteholders, taken, and will continue to take, whatever steps the such Subsidiary Guarantor deems necessary to evaluate the financial condition and affairs of the CompanyIssuers, and the Noteholders shall have no duty to advise the any Subsidiary Guarantor of information at any time known to the Noteholders regarding such financial condition or affairs.

Appears in 2 contracts

Samples: Note Purchase Agreement (Curtiss Wright Corp), Note Purchase Agreement (Curtiss Wright Corp)

Independent Credit Evaluation. The Guarantor has independently, and without reliance on any information supplied by any one or more of the NoteholdersGuaranteed Party, taken, and will continue to take, whatever steps the Guarantor it deems necessary to evaluate the financial condition and affairs of the CompanyBuyer, and the Noteholders Guaranteed Party shall have no duty to advise the Guarantor of information at any time known to the Noteholders it regarding such financial condition or affairs.

Appears in 1 contract

Samples: Guaranty Agreement (Synbiotics Corp)

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Independent Credit Evaluation. The Each Guarantor has independently, and without reliance on any information supplied by any one or more of the NoteholdersBeneficiary, taken, and will continue to take, whatever steps the such Guarantor deems necessary to evaluate the financial condition and affairs of the Company, and the Noteholders shall have Borrower. Beneficiary has no duty to advise the any Guarantor of information at any time known to the Noteholders Beneficiary regarding such financial condition or affairs.

Appears in 1 contract

Samples: Loan Agreement (Insituform Technologies Inc)

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