Common use of Independent Credit Investigation Clause in Contracts

Independent Credit Investigation. None of the Secured Parties, nor any of their respective directors, officers, agents or employees, shall be responsible to any of the others for the solvency or financial condition of any Loan Party or the ability of any Loan Party to repay any of the Senior Indebtedness, or for the value, sufficiency, existence or ownership of any of the Collateral, or for the perfection or vesting of any lien or security interest, or for the statements of any Loan Party, oral or written, or for the validity, sufficiency or enforceability of any of the Senior Indebtedness, this Agreement, any Collateral Document, any Loan Document or any Note Document or any other document or agreement executed in connection with or pursuant to any of the foregoing, or for the liens or security interests granted by the Loan Parties to the Collateral Agent in connection therewith. Each of the Bank Agent and each Senior Lender has entered into its respective financial agreements with the Loan Parties based upon its own independent investigation, and makes no warranty or representation to the other Secured Parties, nor does it rely upon any representation by any of the others, with respect to the matters identified or referred to in this Section.

Independent Credit Investigation. None of Neither the Collateral Agent nor any other Secured PartiesCreditor, nor any of their respective directors, officers, agents or employees, employees shall be responsible to any of the others for the solvency or financial condition of any Loan Party or the ability of any Loan Party to repay any of the Senior IndebtednessSecured Obligations, or for the value, sufficiency, existence or ownership of any of the Collateral, or for the perfection or vesting of any lien or security interest, or for the statements of any Loan Party, oral or written, or for the validity, sufficiency or enforceability of any of the Senior IndebtednessSecured Obligations, this Agreementthe Applicable Credit Documents, any Collateral Document, any Loan Document or any Note Document or any other document or agreement executed or delivered in connection with or pursuant to any of the foregoing, or for the liens or security interests granted by the Loan Parties to the Collateral Agent in connection therewith. Each of the Bank Collateral Agent and each Senior Lender other Secured Creditor has entered into its respective financial agreements with the Loan Parties based upon its own independent investigationinvestigation and, and except as set forth in Section 13, below, makes no warranty or representation to the other Secured Partiesother, nor does it rely upon any representation by any of the others, with respect to the matters identified or referred to in this Section.