Common use of Information Concerning Borrower Clause in Contracts

Information Concerning Borrower. The Obligor acknowledges that it is presently familiar with the Credit Agreement, the financial condition of the Borrower and any other circumstances affecting the risk incurred by the Obligor in connection with this Agreement. The Obligor shall be solely responsible for keeping itself informed concerning those matters in the future. The Obligor acknowledges that the Lender has no obligation to provide any information concerning those matters now or in the future and that, if it does so at any time, it shall have no obligation to update the information or provide other information subsequently.

Appears in 2 contracts

Samples: Guarantee and Indemnity (Yappn Corp.), Guarantee and Indemnity (Yappn Corp.)

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Information Concerning Borrower. The Obligor acknowledges that it is presently familiar with the Credit AgreementLoan Documents, the financial condition of the Borrower and any other circumstances affecting the risk incurred by the Obligor in connection with this Agreement. The Obligor shall be solely responsible for keeping itself informed concerning those matters in the future. The Obligor acknowledges that the Lender has no obligation to provide any information concerning those matters now or in the future and that, if it does so at any time, it shall have no obligation to update the information or provide other information subsequently.

Appears in 1 contract

Samples: Secured Promissory Note (Enerkem Inc.)

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Information Concerning Borrower. The Obligor acknowledges that it is presently familiar with the Credit AgreementLoan Documents, the financial condition of the Borrower and any other circumstances affecting the risk incurred by the Obligor in connection with this Agreement. The Obligor shall be solely responsible for keeping itself informed concerning those matters in the future. The Obligor acknowledges that the Lender no Secured Party has no any obligation to provide any information concerning those matters now or in the future and that, if it does so at any time, it shall have no obligation to update the information or provide other information subsequently.

Appears in 1 contract

Samples: Credit Agreement (PHH Corp)

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