Common use of No Representation, Assumption, or Duty Clause in Contracts

No Representation, Assumption, or Duty. Nothing, including any Advance or acceptance of any document or instrument, shall be construed as a representation or warranty, express or implied, to any Person by Bank. Any inspection or audit of the Collateral or the Records of any Borrower, or the procuring of documents and financial and other information, by or on behalf of Bank shall be for Bank’s protection only, and shall not constitute any assumption of responsibility by Bank with respect thereto or relieve any Borrower of any of such Borrower’s obligations.

Appears in 3 contracts

Samples: Credit Agreement (Theragenics Corp), Credit Agreement (Theragenics Corp), Credit Agreement (Theragenics Corp)

AutoNDA by SimpleDocs

No Representation, Assumption, or Duty. Nothing, including any Advance or acceptance of any document or instrument, shall be construed as a representation or warranty, express or implied, to any Person by Bank. Any inspection or audit of the Collateral or the Records of any Borrower, or the procuring of documents and financial and other information, by or on behalf of Bank shall be for Bank’s protection only, and shall not constitute any assumption of responsibility by Bank with respect thereto or relieve any Borrower of any of such Borrower’s obligations.

Appears in 2 contracts

Samples: Credit Agreement (Theragenics Corp), Credit Agreement (Theragenics Corp)

AutoNDA by SimpleDocs

No Representation, Assumption, or Duty. Nothing, including any -------------------------------------- Advance or acceptance of any document or instrument, shall be construed as a representation or warranty, express or implied, to any Person by Bank. Any inspection or audit of the Collateral or the Records of any Borrower, or the procuring of documents and financial and other information, by or on behalf of Bank shall be for Bank’s 's protection only, and shall not constitute any assumption of responsibility by Bank with respect thereto or relieve any Borrower of any of such Borrower’s 's obligations.

Appears in 1 contract

Samples: Credit Agreement (Jones Financial Companies Lp LLP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!