Own. RESPONSIBILITY It is understood and agreed by each Bank and the L/C Issuing Bank that at all times it has itself been, and will continue to be, solely responsible for making its own independent appraisal of and investigation into all risks arising under or in connection with the Facility Documents including, but not limited to: 30.13.1 the financial condition, creditworthiness, condition, affairs, status and nature of each member of the Group and each Unconsolidated Affiliate; 30.13.2 the legality, validity, effectiveness, adequacy and enforceability of the Facility Documents and any other agreement, arrangement or document entered into, made or executed in anticipation of, pursuant to or in connection with the Facility Documents; 30.13.3 whether such Bank has recourse, and the nature and extent of that recourse, against an Obligor or any other person or any of their respective assets under or in connection with the Facility Documents, the transactions contemplated in the Facility Documents or any other agreement, arrangement or document entered into, made or executed in anticipation of, pursuant to or in connection with the Facility Documents; and 30.13.4 the adequacy, accuracy and/or completeness of the Information Memorandum and any other information provided by the Agent or the Arrangers, an Obligor, or by any other person in connection with the Facility Documents, the transactions contemplated therein or any other agreement, arrangement or document entered into, made or executed in anticipation of, pursuant to or in connection with the Facility Documents. Accordingly, each Bank and the L/C Issuing Bank acknowledges to the Agent and the Arrangers that it has not relied on and will not hereafter rely on the Agent and the Arrangers or any of them in respect of any of these matters.
Appears in 1 contract
Samples: Multicurrency Revolving Credit Facility Agreement (Prologis Trust)
Own. RESPONSIBILITY It is understood and agreed by each Bank and the L/C Issuing Bank that at all times it has itself been, and will continue to be, solely responsible for making its own independent appraisal of and investigation into all risks arising under or in connection with the Facility Finance Documents including, but not limited to:
30.13.1 28.13.1 the financial condition, creditworthiness, condition, affairs, status and nature of each member of the Group and each Unconsolidated AffiliateGroup;
30.13.2 28.13.2 the legality, validity, effectiveness, adequacy and enforceability of the Facility Finance Documents and any other agreement, arrangement or document entered into, made or executed in anticipation of, pursuant to or in connection with the Facility Finance Documents;
30.13.3 28.13.3 whether such Bank has recourse, and the nature and extent of that recourse, against an Obligor or any other person or any of their respective assets under or in connection with the Facility Finance Documents, the transactions therein contemplated in the Facility Documents or any other agreement, arrangement or document entered into, made or executed in anticipation of, pursuant to or in connection with the Facility Finance Documents; and
30.13.4 28.13.4 the adequacy, accuracy and/or completeness of the Information Memorandum and any other information provided by the Facility Agent or the Arrangers, an Obligor, or by any other person in connection with the Facility Finance Documents, the transactions contemplated therein or any other agreement, arrangement or document entered into, made or executed in anticipation of, pursuant to or in connection with the Facility Finance Documents. Accordingly, each Bank and the L/C Issuing Bank acknowledges to the Facility Agent and the Arrangers that it has not relied on and will not hereafter rely on the Facility Agent and the Arrangers or any of them in respect of any of these matters.
Appears in 1 contract
Own. RESPONSIBILITY It is understood and agreed by each Bank and the L/C Issuing Bank that at all times it has itself been, and will continue to be, solely responsible for making its own independent appraisal of and investigation into all risks arising under or in connection with the Facility Finance Documents including, but not limited to:
30.13.1 33.13.1 the financial condition, creditworthiness, condition, affairs, status and nature of each member of the Group and each Unconsolidated AffiliateGroup;
30.13.2 33.13.2 the legality, validity, effectiveness, adequacy and enforceability of the Facility Finance Documents and any other agreement, arrangement or document entered into, made or executed in anticipation of, pursuant to or in connection with the Facility Finance Documents;
30.13.3 33.13.3 whether such Bank has recourse, and the nature and extent of that recourse, against an Obligor or any other person or any of their respective assets under or in connection with the Facility Finance Documents, the transactions therein contemplated in the Facility Documents or any other agreement, arrangement or document entered into, made or executed in anticipation of, pursuant to or in connection with the Facility Finance Documents; and
30.13.4 33.13.4 the adequacy, accuracy and/or completeness of the Information Memorandum and any other information provided by the Facility Agent or the Arrangers, an Obligor, or by any other person in connection with the Facility Finance Documents, the transactions contemplated therein or any other agreement, arrangement or document entered into, made or executed in anticipation of, pursuant to or in connection with the Facility Finance Documents. Accordingly, each Bank and the L/C Issuing Bank acknowledges to the Facility Agent and the Arrangers that it has not relied on and will not hereafter rely on the Facility Agent and the Arrangers or any of them in respect of any of these matters.
Appears in 1 contract
Samples: Multicurrency Credit Agreement (Koninklijke Numico Nv)
Own. RESPONSIBILITY It is understood and agreed by each Bank and the L/C Issuing Bank that at all times it has itself been, and will continue to be, solely responsible for making its own independent appraisal of and investigation into all risks arising under or in connection with the Facility Finance Documents including, but not limited to:
30.13.1 12.1 the financial condition, creditworthiness, condition, affairs, status and nature of each member of the Group and each Unconsolidated AffiliateGroup;
30.13.2 12.2 the legality, validity, effectiveness, adequacy and enforceability of the Facility any Finance Documents and any other agreement, arrangement or document entered into, made or executed in anticipation of, pursuant to or in connection with the Facility Documentsany Finance Document;
30.13.3 12.3 whether such Bank has recourse, and the nature and extent of that recourse, against an Obligor or any other person or any of their respective assets under or in connection with the Facility Documentsany Finance Document, the transactions therein contemplated in the Facility Documents or any other agreement, arrangement or document entered into, made or executed in anticipation of, pursuant to or in connection with the Facility Documentsany Finance Document; and
30.13.4 12.4 the adequacy, accuracy and/or completeness of the Information Memorandum and any other information provided by the Facility Agent or the ArrangersArranger, an Obligor, or by any other person in connection with the Facility Documentsany Finance Document, the transactions contemplated therein or any other agreement, arrangement or document entered into, made or executed in anticipation of, pursuant to or in connection with the Facility Documents. any Finance Document.
12.5 Accordingly, each Bank and the L/C Issuing Bank acknowledges to the Facility Agent and the Arrangers Arranger that it has not relied on and will not hereafter rely on the Facility Agent and the Arrangers Arranger or any of them in respect of any of these matters.
Appears in 1 contract
Samples: Fourth Amendment Agreement (Sanitec International Sa)