Common use of Information Regarding the Borrower Clause in Contracts

Information Regarding the Borrower. Before signing this Guaranty, each Guarantor investigated the financial condition and business operations of the Borrower and such other matters as the Guarantor deemed appropriate to assure itself of the Borrower's ability to discharge its obligations under the Credit Agreement and other Loan Documents. Each Guarantor assumes full responsibility for that due diligence, as well as for keeping informed of all matters which may affect the Borrower's ability to pay and perform its obligations hereunder. The Guaranteed Parties do not have any duty to disclose to the Guarantor any information which they may have or receive about the Borrower's financial condition, business operations, or any other circumstances bearing on its ability to perform.

Appears in 1 contract

Samples: Credit Agreement (Mentor Corp /Mn/)

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Information Regarding the Borrower. Before signing this Guaranty, each the Guarantor investigated the financial condition and business operations of the Borrower and such other matters as the Guarantor deemed appropriate to assure itself of the Borrower's ability to discharge its obligations under the Credit Agreement and other Loan Documents. Each The Guarantor assumes full responsibility for that due diligence, as well as for keeping informed of all matters which may affect the Borrower's ability to pay and perform its obligations hereunder. The Guaranteed Parties do not have Neither the Administrative Agent nor any Lender has any duty to disclose to the Guarantor any information which it or they may have or receive about the Borrower's financial condition, business operations, or any other circumstances bearing on its ability to perform.

Appears in 1 contract

Samples: Credit Agreement (Callaway Golf Co /Ca)

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Information Regarding the Borrower. Before signing this Guaranty, each Guarantor investigated the financial condition and business operations of the Borrower and such other matters as the such Guarantor deemed appropriate to assure itself of the Borrower's ability to discharge its obligations under the Credit Agreement and other Loan Documents. Each Guarantor assumes full responsibility for that due diligence, as well as for keeping informed of all matters which may affect the Borrower's ability to pay and perform its obligations hereunder. The Guaranteed Parties do not have any duty to disclose to the Guarantor Guarantors any information which they may have or receive about the Borrower's financial condition, business operations, or any other circumstances bearing on its ability to perform.

Appears in 1 contract

Samples: Credit Agreement (Mentor Corp /Mn/)

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