Common use of Independent Decisions Clause in Contracts

Independent Decisions. Borrower has or shall have consulted with its advisors with respect to the legal, regulatory, financial reporting, tax, ERISA and accounting treatment of the Transaction, including with respect to use of proceeds from any Advance, prior to entering into the Agreement, and has made its own independent decision with respect to such legal, regulatory, financial reporting, tax, ERISA and accounting treatment and has not relied upon Agent or Lender in making such decision.

Independent Decisions. The Borrower has or shall have consulted with its advisors with respect to the legal, regulatory, financial reporting, tax, ERISA tax and accounting treatment of the TransactionTransactions, including with respect to use of proceeds from any Advancethe Loan or Further Disbursements, prior to entering into the Agreementany Transaction, and has made its own independent decision with respect to such legal, regulatory, financial reporting, tax, ERISA tax and accounting treatment and has not relied upon Agent or the Lender in making such decision.

Independent Decisions. The Borrower has or shall have consulted with its advisors with respect to the legal, regulatory, financial reporting, tax, ERISA and accounting treatment of the TransactionTransaction Documents and the Transactions, including with respect to use by the Borrower and each Account Beneficiary of proceeds from any Advancethe Letters of Credit, prior to entering into the Agreement, and has made its own independent decision with respect to such legal, regulatory, financial reporting, tax, ERISA and accounting treatment and has not relied upon Agent or the Issuing Lender in making such decision.