Common use of Independent Credit Investigation Clause in Contracts

Independent Credit Investigation. Lessor, by entering into this Lease and the other Operative Documents, agrees that it has, independently and without reliance on Agent and based on such documents and information as it has deemed appropriate, made its own credit analysis of Lessee and its own decision to enter into this Lease and each of the other Operative Documents to which it is a party and that it will, independently and without reliance upon Agent and based on such documents and information as it shall deem appropriate at the time, continue to make its own analysis and decisions in taking action under this Lease and any other Operative Documents to which it is a party. Agent shall not be required to keep itself informed as to the performance or observance by Lessee of any other document referred to (directly or indirectly) or provided for herein or to inspect the properties or books of Lessee.

Appears in 2 contracts

Samples: Lease and Security Agreement (Lsi Logic Corp), Lease and Security Agreement (Lsi Logic Corp)

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Independent Credit Investigation. Lessor, by entering into this Lease and the other Operative Documents, agrees that it has, independently and without reliance on Agent and based on such documents and information as it has deemed appropriate, made its own credit analysis of Lessee and its own decision to enter into this Lease and each of the other Operative Documents to which it is a party and that it will, independently and without reliance upon Agent and based on such documents and information as it shall deem appropriate at the time, continue to make its own analysis and decisions in taking action under this Lease and any other Operative Documents to which it is a party. Agent shall not be required to keep itself informed as to the performance or observance by Lessee of any other document referred to (directly or indirectly) or provided for herein or to inspect the properties or books of Lessee.. LSI Logic Corporation Lease A

Appears in 1 contract

Samples: Lease and Security Agreement (Lsi Logic Corp)

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Independent Credit Investigation. Lessor, by entering into this Lease and the other Operative Documents, agrees that it has, independently and without reliance on Agent and based on such documents and information as it has deemed appropriate, made its own credit analysis of Lessee and its own decision to enter into this Lease and each of the other Operative Documents to which it is a party and that it will, independently and without reliance upon Agent and based on such documents and information as it shall deem appropriate at the time, continue to make its own analysis and decisions in taking action under this Lease and any other Operative Documents to which it is a party. Agent shall not be required to keep itself informed as to the performance or observance by Lessee of any other document referred to (directly or indirectly) or provided for herein or to inspect the properties or books of Lessee.. LSI Logic Corporation Lease B

Appears in 1 contract

Samples: Lease and Security Agreement (Lsi Logic Corp)

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