Common use of No monitoring Clause in Contracts

No monitoring. The Agent is not required to keep itself informed as to the compliance by any Relevant Company with any Transaction Document or any other document or agreement or to inspect any property or book of any Relevant Company.

Appears in 2 contracts

Samples: Bill Facility Agreement (Case Credit Corp), Syndicated Credit Agreement (Thermadyne Holdings Corp /De)

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No monitoring. The Agent is not required to keep itself informed as to the compliance by any Relevant Company Group member with this Agreement or any Transaction Document or any other document or agreement or to inspect any property or book of any Relevant CompanyGroup member.

Appears in 1 contract

Samples: Bridging Facility Agreement (Bordeaux Acquisition Corp)

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No monitoring. The Agent is not required to keep itself informed as to the compliance by any Relevant Company with any Transaction Document or any other document or agreement or to inspect any property or book of any Relevant Company.. ________________________________________________________________________________

Appears in 1 contract

Samples: Loan Agreement (MGM Grand Inc)

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