Common use of Lack of Reliance on the Collateral Agent Clause in Contracts

Lack of Reliance on the Collateral Agent. The Collateral Agent shall have no duty or responsibility, either initially or on a continuing basis, to provide any Secured Party with any credit, market or other information with respect thereto, whether coming into its possession before any Obligations are incurred or at any time or times thereafter.

Lack of Reliance on the Collateral Agent. The Collateral Agent shall have no duty or responsibility, either initially or on a continuing basis, to provide any Trustee or Secured Party Creditor with any credit, market credit or other information with respect theretoto any of the Companies, whether currently in its possession or coming into its possession before any Obligations are incurred or at any time or times thereafterhereafter, except to the extent specifically provided in this Agreement.