Common use of Independent Liability Clause in Contracts

Independent Liability. Each Borrower hereby agrees that one or more successive or concurrent actions may be brought hereon against Borrower, in the same action in which any other Borrower may be sued or in separate actions, as often as deemed advisable by PFG. Each Borrower is fully aware of the financial condition of each other Borrower and is executing and delivering this Agreement based solely upon its own independent investigation of all matters pertinent hereto, and Borrower is not relying in any manner upon any representation or statement of PFG with respect thereto. Each Borrower represents and warrants that it is in a position to obtain, and each Borrower hereby assumes full responsibility for obtaining, any additional information concerning any other Borrower's financial condition and any other matter pertinent hereto as Borrower may desire, and Borrower is not relying upon or expecting PFG to furnish to it any information now or hereafter in PFG's possession concerning the same or any other matter.

Independent Liability. Each Borrower hereby agrees that one or more successive or concurrent actions may be brought hereon against Borrower, in the same action in which any other Borrower may be sued or in separate actions, as often as deemed advisable by PFG. Each Borrower is fully aware of the financial condition of each other Borrower and is executing and delivering this Agreement based solely upon its own independent investigation of all matters pertinent hereto, and Borrower is not relying in any manner upon any representation or statement of PFG with respect thereto. Each Borrower represents and warrants that it is in a position to obtain, and each Borrower hereby assumes full responsibility for obtaining, any additional information concerning any other Borrower's ’s financial condition and any other matter pertinent hereto as Borrower may desire, and Borrower is not relying upon or expecting PFG to furnish to it any information now or hereafter in PFG's ’s possession concerning the same or any other matter.

Independent Liability. Each Borrower Obligor hereby agrees that one or more successive or concurrent actions may be brought hereon against BorrowerObligor, in the same action in which any other Borrower Obligor may be sued or in separate actions, as often as deemed advisable by PFG. Each Borrower Obligor is fully aware of the financial condition of each other Borrower Obligor and is executing and delivering this Agreement based solely upon its own independent investigation of all matters pertinent hereto, and Borrower Obligor is not relying in any manner upon any representation or statement of PFG with respect thereto. Each Borrower Obligor represents and warrants that it is in a position to obtain, and each Borrower Obligor hereby assumes full responsibility for obtaining, any additional information concerning any other Borrower's Obligor’s financial condition and any other matter pertinent hereto as Borrower Obligor may desire, and Borrower Obligor is not relying upon or expecting PFG to furnish to it any information now or hereafter in PFG's ’s possession concerning the same or any other matter.