Common use of Information Regarding Manager Clause in Contracts

Information Regarding Manager. Before signing this Guaranty, Guarantor investigated the financial condition and business operations of Manager and such other matters as Guarantor deemed appropriate to assure itself of the ability of Manager to discharge the Obligations. Guarantor assumes full responsibility for that due diligence, as well as for keeping informed of all matters that may affect the ability of Manager to pay and perform its Obligations. CPHP has no duty to disclose to Guarantor any information which CPHP may have or receive about the financial condition or business operations of Manager, the condition or uses of the Property, or any other circumstances bearing on the ability of Manager to perform.

Appears in 2 contracts

Samples: Development Management Agreement (Five Point Holdings, LLC), Guaranty Agreement (Five Point Holdings, LLC)

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Information Regarding Manager. Before signing this Guaranty, Guarantor investigated the financial condition and business operations of Manager and such other matters as Guarantor deemed appropriate to assure itself of the ability of Manager to discharge the Obligations. Guarantor assumes full responsibility for that due diligence, as well as for keeping informed of all matters that may affect the ability of Manager to pay and perform its Obligations. CPHP TIH has no duty to disclose to Guarantor any information which CPHP TIH may have or receive about the financial condition or business operations of Manager, the condition or uses of the Property, or any other circumstances bearing on the ability of Manager to perform.

Appears in 2 contracts

Samples: Management Agreement (Five Point Holdings, LLC), Guaranty Agreement (Five Point Holdings, LLC)

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Information Regarding Manager. Before signing this Guaranty, Guarantor investigated the financial condition and business operations of Manager and such other matters as Guarantor deemed appropriate to assure itself of the ability of Manager to discharge the Obligations. Guarantor assumes full responsibility for that due diligence, as well as for keeping informed of all matters that may affect the ability of Manager to pay and perform its Obligations. CPHP HPS has no duty to disclose to Guarantor any information which CPHP HPS may have or receive about the financial condition or business operations of Manager, the condition or uses of the Property, or any other circumstances bearing on the ability of Manager to perform.

Appears in 2 contracts

Samples: Development Management Agreement (Five Point Holdings, LLC), Guaranty Agreement (Five Point Holdings, LLC)

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