Common use of Independent investigation of credit Clause in Contracts

Independent investigation of credit. (a) (Trustee and Manager may assume independent investigation) The Trustee and the Manager shall be entitled to assume that each Noteholder has, independently and without reliance on the Trustee, the Manager, the Lead Manager or other Note Managers or any other Noteholder, and based on documents and information as each has deemed appropriate, made its own investigations in relation to the Notes, the Trustee, the Manager and the provisions of this Deed and any other Transaction Document and has not entered into any Transaction Document as a result of any inducement from the Trustee or the Manager. (b) (Acknowledgement of independent investigation) Each Noteholder agrees that it will, independently and without reliance on the Trustee, the Manager, a Servicer or any other Noteholder and based on documents and information as it shall deem appropriate at the time, continue to make its own analysis and decisions as to all matters relating to this Deed and any other Transaction Document.