Common use of Non-Reliance on the Agent and Other Lenders Clause in Contracts

Non-Reliance on the Agent and Other Lenders. Each Lender 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 or hereafter taken, including any review of the affairs of the Loan Parties, shall be deemed to constitute any representation or warranty by the Agent. Each Lender represents and warrants to the Agent that it has and will, independently and without reliance upon the Agent or any other Lender 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 Loan Parties and made its own decision to enter into this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (CreditCards.com, Inc.), Credit Agreement (CreditCards.com, Inc.)

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Non-Reliance on the Agent and Other Lenders. Each Lender 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 or hereafter taken, including any review of the affairs of the Loan PartiesBorrower, shall be deemed to constitute any representation or warranty by the Agent. Each Lender represents and warrants to the Agent that it has and will, independently and without reliance upon the Agent or any other Lender 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 Loan Parties Borrower and made its own decision to enter into this Agreement.

Appears in 1 contract

Samples: Credit Agreement (American Capital Senior Floating, Ltd.)

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Non-Reliance on the Agent and Other Lenders. Each Lender expressly acknowledges that neither the Agent, Agent nor any of its respective officers, directors, employees, agents, attorneys-in-fact fact, Subsidiaries or affiliates Affiliates has made any representations or warranties to it and that no act by the Agent or hereafter hereinafter taken, including any review of the affairs of the Loan PartiesBorrowers or any of their respective Subsidiaries, shall be deemed to constitute any representation or warranty by the AgentAgent to any Lender. Each Lender represents and warrants to the Agent that it has and willhas, independently and without reliance upon the Agent or any other Lender Lender, 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 Loan Parties and made its own decision to enter into this Agreement.and

Appears in 1 contract

Samples: Credit Agreement (Imagemax Inc)

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