Noteholder Credit Decision. Each Noteholder acknowledges that it has, independently and without reliance upon the Agent or any other Noteholder and based on the financial statements of the Company and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Noteholder also acknowledges that it will, independently and without reliance upon the Agent or any other Noteholder and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement.
Noteholder Credit Decision. Except as expressly set forth in this Section 10.11, each Noteholder acknowledges that it has, independently and without reliance upon the Facility Administrator or any other Noteholder and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and the other Transaction Documents. Each Noteholder also acknowledges that it will, independently and without reliance upon the Facility Administrator or any other Noteholder and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement and the other Transaction Documents. Notwithstanding the foregoing, the Noteholders acknowledge and the Facility Administrator agrees that the Facility Administrator will perform certain due diligence including tests resulting in FICO scores with respect to the Obligors of certain Receivables and various file review procedures as selected by the Facility Administrator (collectively, the "Specified Procedures"). The Facility Administrator shall be under no duty to inquire as to the accuracy or genuineness of the information provided to it in conducting the Specified Procedures nor shall it have any duty to review any information other than such files, reports and other information provided to it by Bluegreen.
Noteholder Credit Decision. Each Noteholder acknowledges that it shall, independently and without reliance upon Noteholder Representative, any other Noteholder or any of their Related Persons or upon any document (including any offering and disclosure materials in) solely or in part because such document was transmitted by Noteholder Representative or any of its Related Persons, conduct its own independent investigation of the financial condition and affairs of the Company and make and continue to make its own credit decisions in connection with entering into, and taking or not taking any action under, this Agreement or any other Notes Document or with respect to any transaction contemplated in this Agreement or any other Notes Document, in each case based on such documents and information as it shall deem appropriate. Except for documents expressly required by this Agreement or any other Notes Document to be transmitted by Noteholder Representative to Noteholders, Noteholder Representative shall not have any duty or responsibility to provide any Noteholder with any credit or other information concerning the business, prospects, operations, Property, financial and other condition or creditworthiness of the Company or any Affiliate thereof that may come in to the possession of Noteholder Representative or any of its Related Persons.
Noteholder Credit Decision. Each Noteholder acknowledges that it shall, independently and without reliance upon the Collateral Agent, conduct its own independent investigation of the financial condition and affairs of each Credit Party and make and continue to make its own credit decisions in connection with entering into, and taking or not taking any action under, any Transaction Document or with respect to any transaction contemplated in any Transaction Document, in each case based on such documents and information as it shall deem appropriate. Except for documents expressly required by any Transaction Document to be transmitted by the Collateral Agent to the Noteholders, the Collateral Agent shall not have any duty or responsibility to provide any Noteholder with any credit or other information concerning the business, prospects, operations, property, financial and other condition or creditworthiness of any Credit Party or any Affiliate of any Credit Party that may come in to the possession of the Collateral Agent or any of its agents.
Noteholder Credit Decision. 53 SECTION 10.12. SUCCESSOR FACILITY ADMINISTRATOR..................................................53
Noteholder Credit Decision. Except as expressly set forth in this Section 10.11, each Noteholder acknowledges that it has, independently and without reliance upon the Facility Administrator or any other Noteholder and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and the other Transaction Documents. Each Noteholder also acknowledges that it will, independently and without reliance upon the Facility Administrator or any other Noteholder and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement and the other Transaction Documents. Notwithstanding the foregoing, the Noteholders acknowledge and the Facility Administrator agrees that the Facility Administrator will perform certain due diligence including tests resulting in FICO scores with respect to the Obligors of certain Receivables and file review procedures consisting of those items listed on EXHIBIT K hereto (collectively, the "Specified Procedures"). The Facility Administrator shall be under no duty to inquire as to the accuracy or genuineness of the information provided to it in conducting the Specified Procedures nor shall it have any duty to review any information other than such files, reports and other information provided to it by Bluegreen.
Noteholder Credit Decision. Each Noteholder acknowledges that it has, independently and without reliance on Agent or any other Noteholder and based upon such documents and information as it has deemed appropriate, made its own credit analysis and decision to make a loan to the Company and to enter into this Agreement.
