Common use of Lender Credit Decisions Clause in Contracts

Lender Credit Decisions. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement.

Appears in 8 contracts

Samples: Credit Agreement (Timmins Gold Corp.), Credit Agreement (Timmins Gold Corp.), Assignment and Assumption Agreement (Open Text Corp)

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Lender Credit Decisions. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Stratos Funding, LP), Credit Agreement (Rental Service Corp)

Lender Credit Decisions. Each Lender acknowledges that it has, independently and without reliance upon the Administrative any Agent-Related Person, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative any Agent and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Sun Media Corp)

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Lender Credit Decisions. Each The Lender acknowledges that it has, independently and without reliance upon the Administrative Agent, made its own credit analysis and decision to enter into this Agreement. Each The Lender also acknowledges that it willshall, independently and without reliance upon the Administrative Agent and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreementthe Credit Documents.

Appears in 1 contract

Samples: Convertible Loan Agreement

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