Common use of Lack of Reliance Clause in Contracts

Lack of Reliance. Independently and without reliance upon the Beneficiary, each Holder, 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 the Grantor in connection with the indebtedness evidenced by the Notes and the taking or not taking of any action in connection therewith, and (ii) its own appraisal of the creditworthiness of Grantor, and Beneficiary shall have no duty or responsibility, either initially or on a continuing basis, to provide any Holder with any credit or other information with respect thereto, whether coming into its possession before the purchase of any Notes, or at any time or times thereafter. Beneficiary shall not be responsible to any Holder for any recitals, statements, information, representations or warranties herein or in any document, certificate or other writing delivered in connection herewith or for the execution, effectiveness, genuineness, validity, enforceability, perfection, collectibility, priority or sufficiency of this Deed of Trust or the financial condition of the Grantor or be required to make any inquiry concerning either the performance or observance of any of the terms, provisions or conditions of this Deed of Trust, or the financial condition of the Grantor or the existence or possible existence of any Event of Default.

Lack of Reliance. Independently and without reliance upon the BeneficiaryAdministrative Agent, each Holder, 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 the Grantor Borrower in connection with the indebtedness evidenced by the Notes and the taking or not taking of any action in connection therewith, and (ii) its own appraisal of the creditworthiness of GrantorBorrower, and Beneficiary the Administrative Agent shall have no duty or responsibility, either initially or on a continuing basis, to provide any Holder with any credit or other information with respect thereto, whether coming into its possession before the purchase of any Notes, or at any time or times thereafter. Beneficiary The Administrative Agent shall not be responsible to any Holder for any recitals, statements, information, representations or warranties herein or in any document, certificate or other writing delivered in connection herewith or for the execution, effectiveness, genuineness, validity, enforceability, perfection, collectibility, priority or sufficiency of this Deed Agreement or any of Trust the other Financing Documents or the financial condition of the Grantor Borrower or be required to make any inquiry concerning either the performance or observance of any of the terms, provisions or conditions of this Deed of TrustAgreement, or the financial condition of the Grantor Borrower or the existence or possible existence of any Event of Default.

Lack of Reliance. on the Administrative Agent. Independently and without reliance upon the BeneficiaryAdministrative Agent, or any other Lender, or any of their Related Persons, each HolderLender 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 the Grantor Holdings and its Subsidiaries in connection with the indebtedness evidenced by making and the Notes continuance of the Loans and the taking or not taking of any action in connection therewith, herewith and (ii) its own appraisal of the creditworthiness of GrantorHoldings and its Subsidiaries and, and Beneficiary except as expressly provided in this Agreement, the Administrative Agent shall not have no any duty or responsibility, either initially or on a continuing basis, to provide any Holder Lender or the holder of any Note with any credit or other information with respect thereto, whether coming into its possession before the purchase making of any Notes, the Loans or at any time or times thereafter. Beneficiary The Administrative Agent shall not be responsible to any Holder Lender or the holder of any Note for any recitals, statements, information, representations or warranties herein or in any document, certificate or other writing delivered in connection herewith or for the execution, effectiveness, genuineness, validity, enforceability, perfection, collectibilitycollectability, priority or sufficiency of this Deed of Trust Agreement or any other Loan Document or the financial condition of the Grantor Holdings or any of its Subsidiaries or be required to make any inquiry concerning either the performance or observance of any of the terms, provisions or conditions of this Deed of TrustAgreement or any other Loan Document, or the financial condition of the Grantor Holdings or any of its Subsidiaries or the existence or possible existence of any Default or Event of Default.