Common use of Lack of Reliance on Agents Clause in Contracts

Lack of Reliance on Agents. Independently and without reliance upon Administrative Agent, Term Loan B Agent or any other Lender, each Lender has made and shall continue to make (i) its own independent investigation of the financial condition and affairs of each Loan Party in connection with the making and the continuance of the Advances hereunder and the taking or not taking of any action in connection herewith, and (ii) its own appraisal of the creditworthiness of each Loan Party. Neither Administrative Agent nor Term Loan B Agent shall have any duty or responsibility, either initially or on a continuing basis, to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before making of the Advances or at any time or times thereafter except as shall be provided by any Loan Party pursuant to the terms hereof. Neither Administrative Agent nor Term Loan B Agent shall be responsible to any Lender for any recitals, statements, information, representations or warranties herein or in any agreement, document, certificate or a statement delivered in connection with or for the execution, effectiveness, genuineness, validity, enforceability, collectability or sufficiency of this Agreement or any Other Document, or of the financial condition of any Loan Party, or be required to make any inquiry concerning either the performance or observance of any of the terms, provisions or conditions of this Agreement, the Notes, the Other Documents or the financial condition or prospects of any Loan Party, or the existence of any Event of Default or any Default.

Lack of Reliance on Agents. Independently and without reliance upon Administrative any Agent, Term Loan B Agent or any other each Lender, each Lender to the extent it deems appropriate, has made and shall continue to make (i) its own independent investigation of the financial condition and affairs of each Loan Party the Borrower in connection with the making and the continuance of the Advances hereunder Loans and the taking or not taking of any action in connection herewith, herewith and (ii) its own appraisal of the creditworthiness of each Loan Party. Neither Administrative Agent nor Term Loan B the Borrower and, except as expressly provided in this Agreement and the other Transaction Documents, no Agent shall have any duty or responsibility, either initially or on a continuing basis, to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Advances Loans or at any time or times thereafter except as shall be provided by any Loan Party pursuant to the terms hereofthereafter. Neither Administrative Agent nor Term Loan B No Agent shall be responsible to any Lender for any recitals, statements, information, representations or warranties herein or in any agreement, document, certificate or a statement other writing delivered in connection with herewith or for the execution, effectiveness, genuineness, validity, enforceability, collectability perfection, collectability, priority or sufficiency of this Agreement or any Other Document, other Transaction Document or of the financial condition of any Loan Party, the Borrower or be required to make any inquiry concerning either the performance or observance of any of the terms, provisions or conditions of this AgreementAgreement or any other Transaction Document, or the Notes, satisfaction of any of the Other Documents conditions precedent set forth in Article IV (Conditions to Credit Extensions) or the financial condition or prospects of any Loan Party, the Borrower or the existence or possible existence of any Event of Default or any Default.

Lack of Reliance on Agents. Independently and without reliance upon Administrative any Agent, Term Loan B Agent or any other Lender, each Lender and the holder of each Note, to the extent it deems appropriate, has made and shall continue to make (i) its own independent investigation of the financial condition and affairs of each Loan Party the Credit Parties in connection with the making and the continuance of the Advances hereunder Bridge Loans and the taking or not taking of any action in connection herewith, herewith and (ii) its own appraisal of the creditworthiness of each Loan Party. Neither Administrative Agent nor Term Loan B the Credit Parties and, except as expressly provided in this Agreement, no Agent shall have any duty or responsibility, either initially or on a continuing basis, to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Advances Bridge Loans or at any time or times thereafter except as shall be provided by any Loan Party pursuant to the terms hereofthereafter. Neither Administrative Agent nor Term Loan B No Agent shall be responsible to any Lender for any recitals, statements, information, representations or warranties herein or in any agreement, document, certificate or a statement other writing delivered in connection with herewith or for the execution, effectiveness, genuineness, validity, enforceability, collectability perfection, collectibility, priority or sufficiency of this Agreement or any Other Document, other Credit Document or of the financial condition of any Loan Party, the Credit Parties or be required to make any inquiry concerning either the performance or observance of any of the terms, provisions or conditions of this AgreementAgreement or any other Credit Document, the Notes, the Other Documents or the financial condition or prospects of any Loan Party, the Credit Parties or the existence or possible existence of any Default or Event of Default or any Default.