No Representations by the Bank. The County acknowledges and agrees that the designs for the Project have not been made by the Bank, and the Bank has not supplied any plans or specifications with respect thereto and that the Bank (a) is not a manufacturer of, nor a dealer in, any of the component parts of the Project or a similar Project; (b) has not made any recommendation, given any advice nor taken any other action with respect to (i) the choice of any supplier, vendor or designer of, or any other contractor with respect to, the Project or any component part thereof or any property or rights relating thereto, or (ii) any action taken or to be taken with respect to the Project or any component part thereof or any property or rights relating thereto at any stage of the construction thereof; (c) has not at any time had physical possession of the Project or any component part thereof or made any inspection thereof or any property or rights relating thereto; and (d) has not made any warranty or other representation, express or implied, that the Project or any component part thereof or any property or rights relating thereto (i) will not result in or cause injury or damage to persons or property, (ii) has been or will be properly designed, or will accomplish the result which the County intends therefor, or (iii) is safe in any manner or respect.
No Representations by the Bank. By accepting or approving ------------------------------ anything required to be observed, performed or fulfilled, or to be given to the Bank pursuant to this Agreement or any of the other Letter of Credit Documents or Bond Documents, including any certificate, financial statement, survey, appraisal or insurance policy, the Bank shall not be deemed to have warranted or represented the sufficiency, legality, effectiveness or legal effect of the same, or of any term, provision or condition thereof, and such acceptance or approval thereof shall not be or constitute any warranty or representation to anyone with respect thereto by the Bank. The Bank may accept documents in connection with a drawing under a Letter of Credit which appear on their face to be in order, without responsibility for further investigation, regardless of any notice or information to the contrary and may accept documents in connection with any of the other Letter of Credit Documents or Bond Documents which appear on their face to be in order, without responsibility for further investigation.
No Representations by the Bank. The Borrower acknowledges that it has found the Real Property to be satisfactory and acknowledges and agrees that it has selected the Real Property based upon its own judgment and disclaims any reliance upon any statements or representations made by the Bank with respect thereto.
No Representations by the Bank. The Town acknowledges that it has inspected or caused to be inspected the Project and found the Project to be satisfactory and acknowledges and agrees that it selected the Project based upon its own judgment and disclaims any reliance upon any statements or representations made by the Bank with respect thereto.
No Representations by the Bank. 16 Section 10.2. Disclaimer by the Bank 16 ARTICLE XI DEFAULT AND REMEDIES 17
No Representations by the Bank. The Town acknow ledges and agr ees that it has agreed to acquire the Project based on its own judgment and disclaims any reliance on any statements or representations by the Bank with respect thereto.
No Representations by the Bank. The County acknowledges and agrees that the
No Representations by the Bank. The Town acknowledges that it has inspected the Equipment and found the Equipment to be satisfactory and acknowledges and agrees that it has selected the Equipment based upon its own judgment and disclaims any reliance upon any statements or representations made by the Bank with respect thereto.
No Representations by the Bank. The Bank has no obligation in connection with the Property, except to advance proceeds as herein provided, and the Bank shall not be liable for the performance or non-performance or delay in performance of any contractor, subcontractor or supplier of materials, or for the quality of workmanship or materials, or for the failure to construct, complete, protect or insure the Property, or for the payment of any costs or expenses incurred in connection therewith, or for the performance or non-performance or delay in performance of any obligation of Borrower to the Bank. Any inspection by the Bank of the Property, approval of any activities shall only be for the sole and separate benefit of the Bank for the purpose of protecting the security of the Bank, and the same shall in no way be construed as a representation that there is compliance on the part of the Borrower with it obligators or that any construction on the Property is free from faulty material or workmanship. The fact that the Bank makes such inspection shall not relieve Borrower from its duty to independently ascertain that any construction is being completed in accordance with the plans and specifications, and Borrower has no right to rely on any procedures required by the Bank.
