Non-Reliance on Agents and Other Lenders. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent, or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent, or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. Except for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent hereunder, the Administrative Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of the Borrower or any of its Affiliates that may come into the possession of such Agent or any of its officers, directors, employees, agents, attorneys in fact or Affiliates.
Appears in 7 contracts
Samples: Credit Agreement (PACIFIC GAS & ELECTRIC Co), Assignment and Assumption (PG&E Corp), Assignment and Assumption (PG&E Corp)
Non-Reliance on Agents and Other Lenders. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent, the Collateral Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent, the Collateral Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. Except for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent or the Collateral Agent hereunder, neither the Administrative Agent nor the Collateral Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of the Borrower or any of its Affiliates that may come into the possession of such Agent or any of its officers, directors, employees, agents, attorneys in fact or Affiliates.
Appears in 7 contracts
Samples: Term Loan Credit Agreement (PACIFIC GAS & ELECTRIC Co), Term Loan Credit Agreement (PACIFIC GAS & ELECTRIC Co), Credit Agreement (PG&E Corp)
Non-Reliance on Agents and Other Lenders. Each Lender and Issuing Lender acknowledges that it has, independently and without reliance upon the Administrative AgentAgents, or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender and Issuing Lender also acknowledges that it will, independently and without reliance upon the Administrative AgentAgents, or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. Except for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative Designated Agent hereunder, the Administrative Designated Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of the Borrower or any of its Affiliates that may come into the possession of such Agent or any of its officers, directors, employees, agents, attorneys in fact or Affiliates.
Appears in 4 contracts
Samples: Credit Agreement (PG&E Corp), Credit Agreement (PACIFIC GAS & ELECTRIC Co), Credit Agreement (PG&E Corp)
Non-Reliance on Agents and Other Lenders. Each Lender acknowledges agrees that it has received current financial information with respect to each Borrower and each other Obligor and that it has, independently and without reliance upon the Administrative Agent, on any Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis of each Borrower and each other Obligor and decision to enter into this Agreement. Each Lender also acknowledges Agreement and that it will, independently and without reliance upon the Administrative Agent, any Agent or any other Lender or any of their Related Parties Lender, and based on such documents and information as it shall from time to time deem appropriateappropriate at the time, continue to make its own analysis and decisions in taking or not taking action under this Agreement or based upon any of the other Loan Documents. None of the Agents shall be required to keep itself informed as to the performance or observance by any Obligor of this Agreement, the Letters of Credit or any of the other Loan Documents or any other Loan Document document referred to or provided for herein or therein or to inspect the properties or books of any related agreement or any document furnished hereunder or thereunderObligor. Except for notices, reports and other documents and information expressly required to be furnished to the Lenders by the Administrative an Agent hereunder, under the Administrative Agent Letters of Credit or the other Loan Documents, none of the Agents shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the businessaffairs, operations, property, financial condition or business of any Obligor (financial or otherwise), prospects or creditworthiness of the Borrower or any of its Affiliates that their affiliates) which may come into the possession of such Agent or any of its officers, directors, employees, agents, attorneys in fact or AffiliatesAgent.
Appears in 4 contracts
Samples: Loan Agreement (Veritas DGC Inc), Loan Agreement (Natco Group Inc), Loan Agreement (Natco Group Inc)
Non-Reliance on Agents and Other Lenders. Each Lender and Issuing Lender acknowledges that it has, independently and without reliance upon the Administrative Agent, Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender and Issuing Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent, Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. Except for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent hereunder, the Administrative Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of the Borrower or any of its Affiliates that may come into the possession of such the Administrative Agent or any of its officers, directors, employees, agents, attorneys in fact or Affiliates.
Appears in 4 contracts
Samples: Credit Agreement (PG&E Corp), Credit Agreement (PG&E Corp), Assignment and Assumption (PACIFIC GAS & ELECTRIC Co)
Non-Reliance on Agents and Other Lenders. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent, Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent, Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. Except for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent hereunder, the Administrative Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of the Borrower or any of its Affiliates that may come into the possession of such the Administrative Agent or any of its officers, directors, employees, agents, attorneys in fact or Affiliates.
Appears in 3 contracts
Samples: Term Loan Agreement (PACIFIC GAS & ELECTRIC Co), Term Loan Agreement (PG&E Corp), Term Loan Agreement (PACIFIC GAS & ELECTRIC Co)
Non-Reliance on Agents and Other Lenders. Each Lender acknowledges agrees that it has, independently and without reliance upon on the Administrative Agent, the Documentation Agent, the Syndication Agent, the Co-Agent, the Lead Arranger or any other Lender or any of their Related Parties Lender, and based on such documents and information as it has deemed appropriate, made its own credit analysis of the Credit Parties and their Subsidiaries and decision to enter into this Agreement. Each Lender also acknowledges Credit Agreement and that it will, independently and without reliance upon the Administrative Agent, the Documentation Agent, the Syndication Agent, the Co-Agent, the Lead Arranger or any other Lender or any of their Related Parties Lender, and based on such documents and information as it shall from time to time deem appropriateappropriate at the time, continue to make its own analysis and decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunderthe Credit Documents. Except for notices, reports reports, and other documents and information expressly required to be furnished to the Lenders by the Administrative Agent hereunder, the Administrative Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the businessaffairs, operationsfinancial condition, property, condition (financial or otherwise), prospects or creditworthiness business of the Borrower any Credit Party or any of its Subsidiaries or Affiliates that may come into the possession of such the Administrative Agent or any of its officers, directors, employees, agents, attorneys in fact or Affiliates.
Appears in 2 contracts
Samples: Credit Agreement (Cca Prison Realty Trust), Credit Agreement (Corrections Corp of America/Md)
Non-Reliance on Agents and Other Lenders. Each Lender acknowledges and agrees that it has, independently and without reliance upon the Administrative on any Agent (or any Agent's Affiliates, officers, directors, employees, attorneys, accountants, experts, representatives, or agents) or any other Lender or any of their Related Parties Lender, and based on such documents and information as it has deemed appropriate, made its own credit analysis of Borrowers and its decision to enter into this Agreement. Each Lender also acknowledges , and that it willshall, independently and without reliance upon the Administrative Agent, any Agent or any other Lender or any of their Related Parties Lender, and based on such documents and information as it shall from time to time deem appropriateappropriate at the time, continue to make its own analysis and decisions in taking or not taking action under this Agreement. No Agent shall be required to keep itself informed as to the performance or based upon observance by Borrowers of this Agreement, the other Loan Documents, or any other Loan Document document referred to or any related agreement provided for herein or any document furnished hereunder to inspect the properties or thereunderbooks of Borrowers. Except for notices, reports reports, and other documents and information expressly required to be furnished to the Lenders by the Administrative an Agent hereunderhereunder or provided to an Agent with copies for Lenders, the Administrative no Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the businessaffairs, operationsfinancial condition, property, condition or business of Borrowers (financial or otherwise), prospects or creditworthiness of the Borrower or any of its Affiliates that their Affiliates) which may come into the possession of such any Agent or any of its officers, directors, employees, agents, attorneys in fact or Affiliates.
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Non-Reliance on Agents and Other Lenders. Each Lender acknowledges agrees that it has received current financial information with respect to each Borrower and each other Obligor and that it has, independently and without reliance upon the Administrative Agent, on any Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis of each Borrower and each other Obligor and decision to enter into this Agreement. Each Lender also acknowledges Agreement and that it will, independently and without reliance upon the Administrative Agent, any Agent or any other Lender or any of their Related Parties Lender, and based on such documents and information as it shall from time to time deem appropriateappropriate at the time, continue to make its own analysis and decisions in taking or not taking action under this Agreement or based upon any of the other Loan Documents. None of the Agents shall be required to keep itself informed as to the performance or observance by any Obligor of this Agreement, the Letters of Credit or any of the other Loan Documents or any other Loan Document document referred to or provided for herein or therein or to inspect the properties or books of any related agreement or any document furnished hereunder or thereunderObligor. Except for notices, reports and other documents and information expressly required to be furnished to the Lenders by the Administrative an Agent hereunder, under the Administrative Agent Letters of Credit or the other Loan Documents, none of the Agents shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the businessaffairs, operations, property, financial condition or business of any Obligor (financial or otherwise), prospects or creditworthiness of the Borrower or any of its Affiliates that their Affiliates) which may come into the possession of such Agent or any of its officers, directors, employees, agents, attorneys in fact or AffiliatesAgent.
Appears in 1 contract
Samples: Loan Agreement (Natco Group Inc)
Non-Reliance on Agents and Other Lenders. Each Lender and Issuing Lender acknowledges that it has, independently and without reliance upon the Administrative Agent, the Collateral Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender and Issuing Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent, the Collateral Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. Except for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent or the Collateral Agent hereunder, neither the Administrative Agent nor the Collateral Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of the Borrower or any of its Affiliates that may come into the possession of such Agent or any of its officers, directors, employees, agents, attorneys in fact or Affiliates.
Appears in 1 contract
Samples: Guaranty and Security Agreement (PACIFIC GAS & ELECTRIC Co)
Non-Reliance on Agents and Other Lenders. Each Lender acknowledges agrees that it has received current financial information with respect to each Borrower and each other Obligor and that it has, independently and without reliance upon the Administrative Agent, on either Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis of each Borrower and each other Obligor and decision to enter into this Agreement. Each Lender also acknowledges Agreement and that it will, independently and without reliance upon the Administrative Agent, either Agent or any other Lender or any of their Related Parties Lender, and based on such documents and information as it shall from time to time deem appropriateappropriate at the time, continue to make its own analysis and decisions in taking or not taking action under this Agreement or based upon any of the other Loan Documents. Neither of the Agents shall be required to keep itself informed as to the performance or observance by any Obligor of this Agreement, the Letters of Credit or any of the other Loan Documents or any other Loan Document document referred to or provided for herein or therein or to inspect the properties or books of any related agreement or any document furnished hereunder or thereunderObligor. Except for notices, reports and other documents and information expressly required to be furnished to the Lenders by the Administrative either Agent hereunder, under the Administrative Agent Letters of Credit or the other Loan Documents, neither of the Agents shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the businessaffairs, operations, property, financial condition or business of any Obligor (financial or otherwise), prospects or creditworthiness of the Borrower or any of its Affiliates that their affiliates) which may come into the possession of such Agent or any of its officers, directors, employees, agents, attorneys in fact or Affiliateseither Agent.
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Non-Reliance on Agents and Other Lenders. Each Lender acknowledges represents that it has, independently and without reliance upon on the Administrative Agent, the Issuing Bank or any other Lender or any of their Related Parties Lender, and based on such documents and information as it has deemed appropriate, made its own credit analysis appraisal of the Project and of the financial condition and affairs of the Borrower and its own decision to enter into this Agreement. Each Lender also acknowledges Agreement and agrees that it will, independently and without reliance upon the Administrative Agent, the Issuing Bank or any other Lender or any of their Related Parties Lender, and based on such documents and information as it shall from time to time deem appropriateappropriate at the time, continue to make its own appraisals and decisions in taking or not taking action under or based upon this Agreement, . Neither the Agent nor any Lender shall be required to keep informed as to the performance or observance by the Borrower under this Agreement or any other Loan Document document referred to or any related agreement provided for herein or any document furnished hereunder to make inquiry of, or thereunderto inspect the properties or books of, the Borrower. Except for notices, reports and other documents and information expressly required to be furnished to the Lenders by the Administrative Agent hereunder, neither the Administrative Agent nor any Lender shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial Borrower or otherwise), prospects or creditworthiness any Affiliate of the Borrower or any of its Affiliates that other Participant, which may come into the possession of the Agent or such Agent Lender or any of its officers, directors, employees, agents, attorneys in fact or Affiliates.
Appears in 1 contract
Samples: Reimbursement and Loan Agreement (Cogentrix Energy Inc)
Non-Reliance on Agents and Other Lenders. Each Lender acknowledges agrees that it has, independently and without reliance upon on the Administrative Agent, Agents or any other Lender or any of their Related Parties Lender, and based on such documents and information as it has deemed appropriate, made its own credit analysis of the Borrower and decision to enter into this Agreement. Each Lender also acknowledges Agreement and that it will, independently and without reliance upon the Administrative Agent, Agents or any other Lender or any of their Related Parties Lender, and based on such documents and information as it shall from time to time deem appropriateappropriate at the time, continue to make its own analysis and decisions in taking or not taking action under this Agreement or based upon this Agreement, under any other Loan Document Transaction Document. The Agents shall not be required to keep themselves informed as to the performance or observance by the Borrower of this Agreement or any related agreement of the other Transaction Documents or any document furnished hereunder other documents referred to or thereunderprovided for herein or therein or to inspect the properties or books of the Borrower. Except for notices, reports and other documents and information expressly required to be furnished to the Lenders by the Administrative Agent hereunderAgents hereunder or under the Collateral Documents, the Administrative neither Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the businessaffairs, operations, property, financial condition (financial or otherwise), prospects or creditworthiness business of the Borrower (or any of its Affiliates Affiliates) that may come into the possession of such Agent or any of its officers, directors, employees, agents, attorneys in fact or Affiliates.
Appears in 1 contract