Common use of Non-Reliance on Agent Clause in Contracts

Non-Reliance on Agent. Fairway expressly acknowledges that neither the Agent nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates has made any representations or warranties to it and that no act by the Agent hereafter taken, including, without limitation, any review of the affairs of the Borrower, shall be deemed to constitute any representation or warranty by the Agent. Fairway represents and warrants to the Agent that it has and will, independently and without reliance upon the Agent, and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, operations, property, prospects, financial and other conditions and creditworthiness of the Borrower and made its own decision to enter into this Agreement, the other Transaction Documents and all other documents related hereto or thereto.

Non-Reliance on Agent. Fairway Each Lender expressly acknowledges that neither the Agent nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates Affiliates has made any representations or warranties to it and that no act by the Agent hereafter taken, including, without limitation, any review of the affairs of Borrower, Servicer or the BorrowerSeller, shall be deemed to constitute any representation or warranty by the Agent. Fairway Each Lender represents and warrants to the Agent that it has made and willwill make, independently and without reliance upon the Agent, Agent and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, operations, property, prospects, financial and other conditions and creditworthiness of Borrower, Servicer and the Borrower Seller and made its own decision to enter into this Agreement, the other Transaction Documents and all other documents related hereto or thereto.

Non-Reliance on Agent. Fairway Purchaser expressly acknowledges that neither the Agent Agent, nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates has made any representations or warranties to it and that no act by the Agent hereafter taken, including, without limitation, any review of the affairs of the BorrowerSeller, shall be deemed to constitute any representation or warranty by the Agent. Fairway Purchaser represents and warrants to the Agent that it has and will, independently and without reliance upon the Agent, Agent and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, operations, property, prospects, financial and other conditions and creditworthiness of the Borrower Seller and made its own decision to enter into this Agreement, the other Transaction Documents and all other documents related hereto or thereto.