Common use of Information Regarding Borrower and the Property Clause in Contracts

Information Regarding Borrower and the Property. Before signing this Guaranty, Guarantor investigated the financial condition and business operations of Borrower, the present and former condition, uses and ownership of the Property, and such other matters as Guarantor deemed appropriate to assure itself of Borrower’s ability to discharge its obligations under the Loan Documents. Guarantor assumes full responsibility for that due diligence, as well as for keeping informed of all matters that may affect Borrower’s ability to pay and perform its obligations to the Lenders. The Lenders have no duty to disclose to Guarantor any information which the Lenders may have or receive about Borrower’s financial condition or business operations, the condition or uses of the Property, or any other circumstances bearing on Borrower’s ability to perform.

Appears in 1 contract

Samples: Payment Guaranty

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Information Regarding Borrower and the Property. Before signing this ----------------------------------------------- Guaranty, Guarantor investigated the financial condition and business operations of Borrower, the present and former condition, uses and ownership of the Property, and such other matters as Guarantor deemed appropriate to assure itself of Borrower’s 's ability to discharge its obligations under the Loan Documents. Guarantor assumes full responsibility for that due diligence, as well as for keeping informed of all matters that which may affect Borrower’s 's ability to pay and perform its obligations to the LendersBank. The Lenders have Bank has no duty to disclose to Guarantor any information which the Lenders Bank may have or receive about Borrower’s 's financial condition or business operations, the condition or uses of the Property, or any other circumstances bearing on Borrower’s 's ability to perform.

Appears in 1 contract

Samples: Revolving Loan Agreement (Essex Property Trust Inc)

Information Regarding Borrower and the Property. Before signing this Guaranty, Guarantor investigated the financial condition and business operations of Borrower, the present and former condition, uses and ownership of the Property, and such other matters as Guarantor deemed appropriate to assure itself of Borrower’s Borrowers ability to discharge its obligations under the Loan Documents. Guarantor assumes full responsibility for that due diligence, as well as for keeping informed of all matters that which may affect Borrower’s 's ability to pay and perform its obligations to the LendersBank. The Lenders have Bank has no duty to disclose to Guarantor any information which the Lenders Bank may have or receive about Borrower’s 's financial condition or business operations, the condition or uses of the Property, or any other circumstances bearing on Borrower’s 's ability to perform.

Appears in 1 contract

Samples: Payment Guaranty (Historic Preservation Properties 1989 Limited Partnership)

Information Regarding Borrower and the Property. Before signing this Guaranty, each Guarantor investigated the financial condition and business operations of Borrower, the present and former condition, uses and ownership of the Property, and such other matters as Guarantor he or it deemed appropriate to assure himself or itself of Borrower’s 's ability to discharge its obligations under the Loan Documents. Each Guarantor assumes full responsibility for that due diligence, as well as for keeping informed of all matters that which may affect Borrower’s 's ability to pay and perform its obligations to the LendersBank. The Lenders have Bank has no duty to disclose to any Guarantor any information which the Lenders Bank may have or receive about Borrower’s 's financial condition or business operations, the condition or uses of the Property, or any other circumstances bearing on Borrower’s 's ability to perform.

Appears in 1 contract

Samples: Payment Guaranty (Newmark Homes Corp)

Information Regarding Borrower and the Property. Before signing this ----------------------------------------------- Guaranty, Guarantor investigated the financial condition and business operations of Borrower, the present and former condition, uses and ownership of the Property, and such other matters as Guarantor deemed appropriate to assure itself of Borrower’s 's ability to discharge its obligations under the Loan Documents. Guarantor assumes full responsibility for that due diligence, as well as for keeping informed of all matters that which may affect Borrower’s 's ability to pay and perform its obligations to the LendersBank. The Lenders have Bank has no duty to disclose to Guarantor any information which the Lenders Bank may have or receive about Borrower’s 's financial condition or business operations, the condition or uses of the Property, or any other circumstances bearing on Borrower’s 's ability to perform.

Appears in 1 contract

Samples: Payment Guaranty (Trex Co Inc)

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Information Regarding Borrower and the Property. Before signing this Guaranty, Guarantor investigated the financial condition and business operations of Borrower, the present and former condition, uses and ownership of the Property, and such other matters as Guarantor deemed appropriate to assure itself of Borrower’s 's ability to discharge its obligations under the Loan Documents. Guarantor assumes full responsibility for that due diligence, as well as for keeping informed of all matters that which may affect Borrower’s 's ability to pay and perform its obligations to the LendersBank. The Lenders have Bank has no duty to disclose to Guarantor any information which the Lenders Bank may have or receive about Borrower’s 's financial condition or business operations, the condition or uses of the Property, or any other circumstances bearing on Borrower’s 's ability to perform.

Appears in 1 contract

Samples: Payment Guaranty (Historic Preservation Properties 1989 Limited Partnership)

Information Regarding Borrower and the Property. Before signing this Guaranty, Guarantor investigated the financial condition and business operations of Borrower, the present and former condition, uses and ownership of the Property, and such other matters as Guarantor deemed appropriate to assure itself of Borrower’s ability to discharge its obligations under the Loan Documents. Guarantor assumes full responsibility for that due diligence, as well as for keeping informed of all matters that may affect Borrower’s ability to pay and perform its obligations to the LendersLender. The Lenders have Lender has no duty to disclose to Guarantor any information which the Lenders Lender may have or receive about Borrower’s financial condition or business operations, the condition or uses of the Property, or any other circumstances bearing on Borrower’s ability to perform.

Appears in 1 contract

Samples: General Guaranty and Indemnity Agreement (CMR Mortgage Fund II, LLC)

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