No Reliance on Lender. The officers, members, general partners, employees, principals and (if Mortgagor is a trust) beneficial owners of Mortgagor are, collectively, experienced in the ownership and operation of properties similar to the Property, and Mortgagor and Lender are relying solely upon such expertise and business plan in connection with the ownership and operation of the Property. Mortgagor is not relying on Lender’s expertise, business acumen or advice in connection with the Property.
Appears in 6 contracts
Samples: First Lien Credit Agreement (Chrysler Group LLC), Secured Note Agreement (General Motors Co), Secured Note Agreement (General Motors Co)