Common use of Non-Reliance on Assignor Clause in Contracts

Non-Reliance on Assignor. Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition, or statements of any Borrower or any other party to any Loan Document, or the validity and enforceability of the obligations of any Borrower or any other party to a Loan Document in respect of the Loan Agreement or any other Loan Document. Assignee acknowledges that it has, independently and without reliance on Assignor, and based on such documents and information as it has deemed appropriate, made its own analysis of the Collateral, credit analysis of each Borrower and decision to enter into this Agreement `and will continue to be responsible for making its own independent appraisal of the Collateral and of the business, affairs and financial condition of Borrower and the other parties to the Loan Documents.

Non-Reliance on Assignor. Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition, or statements of any Borrower or any other party to any Loan Document, or the validity and enforceability of the obligations of any Borrower or any other party to a Loan Document in respect of the Loan Agreement or any other Loan Document. Assignee acknowledges that it has, independently and without reliance on Assignor, and based on such documents and information as it has deemed appropriate, made its own analysis of the Collateralcollateral for the Loan, credit analysis of each the Borrower Parties and decision to enter into this Agreement `and will continue to be responsible for making its own independent appraisal of the Collateral collateral for the Loan and of the business, affairs and financial condition of Borrower and the other parties to the Loan Documents.

Non-Reliance on Assignor. Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition, or statements of any Borrower or any other party to any Loan Document, or the validity and enforceability of the obligations obligation of any Borrower or any other party to a Loan Document in respect of the Loan Agreement or any other Loan Document. Assignee acknowledges that it has, independently and without reliance on Assignor, and based on such documents and information as it has deemed appropriate, made its own analysis of the Collateralcollateral for the Loan, credit analysis of each Borrower and decision to enter into this Agreement `and will continue to be responsible for making its own independent appraisal of the Collateral collateral for the Loan and of the business, affairs and financial condition of Borrower and the other parties to the Loan Documents. SECTION 5.

Non-Reliance on Assignor. Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition, or statements of any Borrower or any other party to any Loan Document, or the validity and enforceability of the obligations of any Borrower or any other party to a Loan Document in respect of the Loan Agreement or any other Loan Document. Assignee acknowledges that it has, independently and without reliance on Assignor, and based on such documents and information as it has deemed appropriate, made its own analysis of the Collateral, credit analysis of each Borrower and decision to enter into this Agreement `and will continue to be responsible for making its own independent appraisal of the Collateral and of the business, affairs and financial condition of Borrower and the other parties to the Loan Documents.

Non-Reliance on Assignor. Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition, or statements of any Borrower or any other party to any Loan Document, or the validity and enforceability of the obligations of any Borrower or any other party to a Loan Document in respect of the Loan Agreement or any other Loan Document. Assignee acknowledges that it has, independently and without reliance on Assignor, and based on such documents and information as it has deemed appropriate, made its own analysis of the Collateralcollateral for the Loan, credit analysis of each Borrower the Loan Parties and decision to enter into this Agreement `and will continue to be responsible for making its own independent appraisal of the Collateral collateral for the Loan and of the business, affairs and financial condition of Borrower and the other parties to the Loan Documents.