Common use of Non-Liability of Lender Clause in Contracts

Non-Liability of Lender. Borrower acknowledges and agrees that Lender assumes no liability or responsibility for the sufficiency of the Construction and Term Loans to complete the Project, for the protection, inspection or completion of the Project, for the adequacy or accuracy of the Sworn Construction Cost Statement, for any representations made by Borrower or for any action of Borrower to be performed in the construction of the Project.

Appears in 2 contracts

Samples: Credit Agreement (Western Plains Energy LLC), Credit Agreement (Golden Grain Energy)

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Non-Liability of Lender. Borrower acknowledges and agrees that Lender assumes no liability or responsibility for the sufficiency of the Construction and Term Loans to complete the ProjectPermitted Construction, for the protection, inspection or completion of the ProjectPermitted Construction, for the adequacy or accuracy of the Sworn Construction Cost Statement, for any representations made by Borrower or for any action of Borrower to be performed in the construction of the ProjectPermitted Construction.

Appears in 1 contract

Samples: Credit Agreement (Great Plains Ethanol LLC)

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Non-Liability of Lender. Borrower acknowledges and agrees that Lender assumes no liability or responsibility for the sufficiency of the Construction and Term Loans to complete the Project, for the protection, inspection or completion of the Project, for the adequacy or accuracy of the Sworn Construction Cost Statement, for any representations made by Borrower or for any action of Borrower to be performed in the construction of the Project.

Appears in 1 contract

Samples: Credit Agreement (East Kansas Agri Energy LLC)

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