Common use of Noteholder Credit Decision Clause in Contracts

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.

Appears in 2 contracts

Samples: Subordinated Note Agreement, Subordinated Note Agreement (Seracare Life Sciences Inc)

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Noteholder Credit Decision. Each Noteholder acknowledges that it has, independently and without reliance upon the Collateral 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 Collateral 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.

Appears in 1 contract

Samples: Agency and Security Agreement (Ip Voice Com Inc)

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Noteholder Credit Decision. Each Noteholder acknowledges that it has, independently and without reliance upon the Collateral Agent or any other Noteholder Noteholder, and based on the financial statements of information provided by the Company Borrower and such any other documents and information as it the Noteholder has deemed appropriate, made its own credit analysis and decision to enter into this Agreementacquire the Notes. Each Noteholder also acknowledges that it will, independently and without reliance upon the Collateral Agent or any other Noteholder Noteholder, and based on such any documents and information as it shall deem the Noteholder deems appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement.

Appears in 1 contract

Samples: Indenture (Molecular Diagnostics Inc)

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