Obligation to Keep Informed. Each Guarantor shall be responsible for keeping itself informed of the financial condition of the Company and any other Persons primarily or secondarily liable on the Guarantied Obligations or any portion thereof, and of all other circumstances bearing upon the risk of nonpayment of the Guarantied Obligations or any portion thereof, and each Guarantor agrees that no Noteholder shall have any duty to advise such Guarantor of information known to such Noteholder regarding such condition or any such circumstance. If any Noteholder, in its discretion, undertakes at any time or from time to time to provide any such information to any Guarantor, such Noteholder shall not be under any obligation (i) to undertake any investigation, whether or not a part of its regular business routine, (ii) to disclose any information which such Noteholder wishes to maintain confidential, or (iii) to make any other or future disclosures of such information or any other information to any Guarantor.
Appears in 1 contract
Samples: Note Purchase Agreement (Oil Dri Corporation of America)
Obligation to Keep Informed. Each Guarantor shall be responsible for keeping itself informed of the financial condition of the Company and any other Persons primarily or secondarily liable on the Guarantied Guaranteed Obligations or any portion thereof, and of all other circumstances bearing upon the risk of nonpayment of the Guarantied Guaranteed Obligations or any portion thereof, and each Guarantor agrees that no Noteholder Holder shall have any a duty to advise such Guarantor of information known to such Noteholder Holder regarding such condition or any such circumstance. If any NoteholderHolder, in its discretion, undertakes at any time or from time to time to provide any such information to any Guarantor, such Noteholder Holder shall not be under any obligation (i) to undertake any investigation, whether or not a part of its regular business routine, (ii) to disclose any information which such Noteholder Holder wishes to maintain confidential, or (iii) to make any other or future disclosures of such information or any other information to such or any other Guarantor.
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (Manitowoc Co Inc)
Obligation to Keep Informed. Each Guarantor shall be responsible for keeping itself informed of the financial condition of the Company and any other Persons primarily or secondarily liable on the Guarantied Obligations or any portion thereof, and of all other circumstances bearing upon the risk of nonpayment of the Guarantied Obligations or any portion thereof, and each Guarantor agrees that no Noteholder Beneficiary shall have any a duty to advise such Guarantor of information known to such Noteholder Beneficiary regarding such condition or any such circumstance. If any NoteholderBeneficiary, in its discretion, undertakes at any time or from time to time to provide any such information to any Guarantor, such Noteholder no Beneficiary shall not be under any obligation (i) to undertake any investigation, whether or not a part of its regular business routine, (ii) to disclose any information which such Noteholder Beneficiary wishes to maintain confidential, or (iii) to make any other or future disclosures of such information or any other information to any Guarantor.
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (Davey Tree Expert Co)
Obligation to Keep Informed. Each Guarantor shall be responsible for keeping itself informed of the financial condition of the Company and any other Persons primarily or secondarily liable on the Guarantied Obligations or any portion thereof, and of all other circumstances bearing upon the risk of nonpayment of the Guarantied Obligations or any portion thereof, and each Guarantor agrees that no Noteholder Holder shall have any duty to advise such Guarantor of information known to such Noteholder Holder regarding such condition or any such circumstance. If any NoteholderHolder, in its discretion, undertakes at any time or from time to time to provide any such information to any Guarantor, such Noteholder no Holder shall not be under any obligation (i) to undertake any investigation, whether or not a part of its regular business routine, (ii) to disclose any information which such Noteholder Holder wishes to maintain confidential, or (iii) to make any other or future disclosures of such information or any other information to any Guarantor.
Appears in 1 contract
Samples: Note Purchase Agreement (Kapstone Paper & Packaging Corp)