Common use of Purchaser Credit Decision Clause in Contracts

Purchaser Credit Decision. Each Purchaser acknowledges that it has, independently and without reliance upon the Purchaser Agent or any other Purchaser, and based upon such documents and information as it has deemed appropriate, made its own credit and financial analysis of the Seller and its own decision to enter into this Agreement. Each Purchaser also acknowledges that it will, independently and without reliance upon the Purchaser Agent or any other Purchaser 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: Receivables Purchase Agreement (Univision Holdings, Inc.), Receivables Purchase Agreement (Univision Communications Inc)

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Purchaser Credit Decision. Each Purchaser acknowledges that it hasshall, independently and without reliance upon the Purchaser Agent or any other Purchaser, and based upon such documents and information as it has deemed appropriate, made conduct its own credit and financial analysis independent investigation of the Seller financial condition and its own decision to enter into this Agreementaffairs of the Credit Parties in connection with the purchasing Notes. Each Purchaser also acknowledges that it willshall, independently and without reliance upon the Purchaser Agent or any other Purchaser or other holder or other holder of a Note 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 AgreementAgreement and the other Note Documents.

Appears in 2 contracts

Samples: Note Purchase Agreement (Vanguard Car Rental Group Inc.), Note Purchase Agreement (Vanguard Car Rental Group Inc.)

Purchaser Credit Decision. Each Purchaser acknowledges that it has, independently and without reliance upon the Purchaser Administrative Agent or any other Purchaser, and based upon such documents and information as it has deemed appropriate, made its own credit and financial analysis of the Seller and its own decision to enter into this Agreement. Each Purchaser also acknowledges that it will, independently and without reliance upon the Purchaser Administrative Agent or any other Purchaser 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: Receivables Purchase Agreement (Georgia Gulf Corp /De/)

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Purchaser Credit Decision. Each Purchaser acknowledges that it hasshall, independently and without reliance upon the Purchaser Agent or any other Purchaser, and based upon such documents and information as it has deemed appropriate, made conduct its own credit and financial analysis independent investigation of the Seller financial condition and its own decision to enter into this Agreementaffairs of the Company in connection with the purchasing Notes. Each Purchaser also acknowledges that it willshall, independently and without reliance upon the Purchaser Agent or any other Purchaser or other holder or other holder of a Note 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 AgreementAgreement and the other Note Documents.

Appears in 1 contract

Samples: Note Purchase Agreement (Vanguard Car Rental Group Inc.)

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