Common use of Lenders’ Credit Decisions Clause in Contracts

Lenders’ Credit Decisions. Each Lender agrees that it has, independently and without reliance upon Agent, any other Lender or the directors, officers, Agent, employees or attorneys of the foregoing parties, and instead in reliance upon information supplied to it by or on behalf of Borrower and upon such other information as it has deemed appropriate, made its own independent credit analysis and decision to enter into this Agreement. Each Lender also agrees that it shall, independently and without reliance upon Agent, any other Lender or the directors, officers, Agent, employees or attorneys of the foregoing parties, continue to make its own independent credit analyses and decisions in acting or not acting under the Loan Documents.

Appears in 5 contracts

Samples: Loan and Security Agreement (Aerocentury Corp), Loan and Security Agreement (Aerocentury Corp), Loan and Security Agreement (Aerocentury Corp)

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Lenders’ Credit Decisions. Each Lender Creditor agrees that it has, independently and without reliance upon the Administrative Agent, any other Lender Creditor or the directors, officers, Agentagents, employees or attorneys of the foregoing partiesany other Creditor, and instead in reliance upon information supplied to it by or on behalf of Borrower and upon such other information as it has deemed appropriate, made its own independent credit analysis and decision to enter into this Agreement. Each Lender Creditor also agrees that it shall, independently and without reliance upon Agent, any other Lender Creditor or the directors, officers, Agentagents, employees or attorneys of the foregoing partiesany other Creditor, continue to make its own independent credit analyses and decisions in acting or not acting under the Loan Documents.

Appears in 4 contracts

Samples: Capital Markets Term Loan Agreement (Mandalay Resort Group), Revolving Loan Agreement (Mandalay Resort Group), Term Loan Agreement (Mandalay Resort Group)

Lenders’ Credit Decisions. Each Lender agrees that it has, independently and without reliance upon Agent, any other Lender or the directors, officers, Agentagents, employees or attorneys of the foregoing parties, and instead in reliance upon information supplied to it by or on behalf of Borrower and upon such other information as it has deemed appropriate, made its own independent credit analysis and decision to enter into this Agreement. Each Lender also agrees that it shall, independently and without reliance upon Agent, any other Lender or the directors, officers, Agentagents, employees or attorneys of the foregoing parties, continue to make its own independent credit analyses and decisions in acting or not acting under the Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (Dts, Inc.)

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Lenders’ Credit Decisions. Each Lender agrees that it has, independently and without reliance upon the Administrative Agent, any other Lender Creditor or the directors, officers, Agentagents, employees or attorneys of the foregoing partiesthereof, and instead in reliance upon information supplied to it by or on behalf of Borrower the Borrowers and their Subsidiaries and upon such other information as it has deemed appropriate, made its own independent credit analysis and decision to enter into this Agreement. Each Lender also agrees that it shall, independently and without reliance upon the Administrative Agent, any other Lender Creditor or the directors, officers, Agentagents, employees or attorneys of the foregoing partiesthereof, continue to make its own independent credit analyses and decisions in acting or not acting under the Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (Alliance Gaming Corp)

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