Participant Credit Decisions Sample Clauses

Participant Credit Decisions. Each Participant has been given adequate opportunity to review and has, independently and without reliance on Lead Lender, investigated, appraised and evaluated the transactions contemplated by this Agreement and the Loan Documents, including but not limited to financial information and other data relating to Borrower and has made its own analysis of Borrower, the Collateral, the Bourbon Collateral, Borrower’s business, financial condition and general credit worthiness, the Term Loan and the Revolving Credit, or the enforceability, legality, validity, accuracy or completeness of any of the Loan Documents, or any other matter having any relation to the Loan Documents, the Collateral, the Bourbon Collateral, the Term Loan, the Revolving Credit, or the granting of a participation therein, all as such Participant has deemed necessary, prudent or advisable in order to enable it to make its own determination and decision to enter into this Agreement and to participate in the Term Loan in accordance with the terms hereof. Such Participant is entering into this Agreement relying entirely upon such independent evaluation and without reliance upon any oral or written representations of any kind or nature by Lead Lender or its officers, agents or employees with respect to Borrower, the Collateral, the Bourbon Collateral, Borrower’s business, financial condition and general credit worthiness, the Revolving Credit, or the enforceability, legality, validity, accuracy or completeness of any of the Loan Documents, or the current or projected financial condition of Borrower or any other matter having any relation to the Loan Documents, the Bourbon Collateral, the Collateral, the Term Loan, the Revolving Credit or the granting of a participation therein, Participant acknowledges and agrees that it shall look only to the Bourbon Collateral and proceeds of the Bourbon Collateral received and collected by Lead Lender from Borrower, and that Lead Lender is not liable out of its own funds for payment or repayment of any portion of principal, interest, fees, charges, or any other payments under the Loan Documents or hereunder.
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Related to Participant Credit Decisions

  • Independent Credit Decisions Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or related agreement or any document furnished hereunder or thereunder.

  • Independent Credit Decision The Assignee (a) acknowledges that it has received a copy of the Credit Agreement and the Schedules and Exhibits thereto, together with copies of the most recent financial statements of the Borrower, and such other documents and information as it has deemed appropriate to make its own credit and legal analysis and decision to enter into this Assignment and Acceptance; and (b) agrees that it will, independently and without reliance upon the Assignor, the Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit and legal decisions in taking or not taking action under the Credit Agreement.

  • Lenders’ Credit Decisions Each Lender agrees that it has, independently and without reliance upon the Administrative Agent, any other Lender or the directors, officers, agents, employees or attorneys of the Administrative Agent or of any other Lender, and instead in reliance upon information supplied to it by or on behalf of Borrower and upon such other information as it has deemed appropriate, made its own independent credit analysis and decision to enter into this Agreement. Each Lender also agrees that it shall, independently and without reliance upon the Administrative Agent, any other Lender or the directors, officers, agents, employees or attorneys of the Administrative Agent or of any other Lender, continue to make its own independent credit analyses and decisions in acting or not acting under the Loan Documents.

  • Bank Credit Decision Each Bank acknowledges that it has, independently and without reliance upon the Agent or any other Bank and based on the Financial Statements and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Bank also acknowledges that it will, independently and without reliance upon the Agent or any other Bank 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 the Loan Documents or any other instrument or document.

  • Credit Decisions Each Lender acknowledges that it has, independently of the Administrative Agent and each other Lender, and based on such Lender’s review of the financial information of the Borrower, the Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitments. Each Lender also acknowledges that it will, independently of the Administrative Agent and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under the Loan Documents.

  • Sharing of Participant Information 20 7.4 REPORTING AND DISCLOSURE AND COMMUNICATIONS TO PARTICIPANTS..................................................20 7.5 NON-TERMINATION OF EMPLOYMENT; NO THIRD-PARTY BENEFICIARIES.................................................20 7.6

  • Credit Decision Each Bank acknowledges that it has, independently and without reliance upon the Agent or any other Bank, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Bank also acknowledges that it will, independently and without reliance upon the Agent or any other Bank, 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 any action under this Agreement.

  • Participant Information My address is: My Social Security Number is:

  • PARTICIPANT’S ACCEPTANCE The undersigned hereby accepts the foregoing Option and agrees to the terms and conditions hereof, including the terms and provisions of the 2015 Equity Incentive Plan. The undersigned hereby acknowledges receipt of a copy of the Company’s 2015 Equity Incentive Plan.

  • Lender Party Credit Decision Each Lender Party acknowledges that it has, independently and without reliance upon any Agent or any other Lender Party and based on the financial statements referred to in Section 4.01 and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender Party also acknowledges that it will, independently and without reliance upon any Agent or any other Lender Party 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.

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