Common use of Relation of Creditors Clause in Contracts

Relation of Creditors. This Agreement is entered into solely for the purpose set forth herein, and no Creditor assumes any responsibility to any other party hereto to advise such other party of information known to such other party regarding the financial condition of the Parent, THC Systems, Inc. or any Subsidiary Guarantor or of any other circumstances bearing upon the risk of nonpayment of any Subject Obligation. Each Creditor specifically acknowledges and agrees that nothing contained in this Agreement is or is intended to be for the benefit of THC Systems, Inc. or the Parent or any Subsidiary Guarantor and nothing contained herein shall limit or in any way modify any of the obligations of THC Systems, Inc. or the Parent or any Subsidiary Guarantor to the Creditors.

Relation of Creditors. This Agreement is entered into solely for the purpose purposes set forth herein, and no Creditor assumes any responsibility to any other party hereto to advise such other party of information known to such other party regarding the financial condition of the Parent, THC Systems, Inc. Borrower or any Subsidiary Guarantor or of any other circumstances bearing upon the risk of nonpayment of any Subject Borrower’s Guaranteed Obligation. Each Creditor specifically acknowledges and agrees that nothing contained in this Agreement is or is intended to be for the benefit of THC Systems, Inc. or the Parent Borrower or any Subsidiary Guarantor and nothing contained herein shall limit or in any way modify any of the obligations of THC Systems, Inc. or the Parent Borrower or any Subsidiary Guarantor to the Creditors.

Relation of Creditors. This Agreement is entered into solely for the purpose purposes set forth herein, and no Creditor assumes any responsibility to any other party hereto to advise such other party of information known to such other party regarding the financial condition of the Parent, THC Systems, Inc. Borrower or any Subsidiary Guarantor or of any other circumstances bearing upon the risk of nonpayment of any Subject Borrower's Guaranteed Obligation. Each Creditor specifically acknowledges and agrees that nothing contained in this Agreement is or is intended to be for the benefit of THC Systems, Inc. or the Parent Borrower or any Subsidiary Guarantor and nothing contained herein shall limit or in any way modify any of the obligations of THC Systems, Inc. or the Parent Borrower or any Subsidiary Guarantor to the Creditors.