Common use of Representations and Warranties; No Responsibility for Appraisal of Creditworthiness Clause in Contracts

Representations and Warranties; No Responsibility for Appraisal of Creditworthiness. Each Lender represents and warrants that it has made its own independent investigation of the financial condition and affairs of Borrower and its Subsidiaries in connection with the making of the Loans and the incurrence of Letters of Credit Obligations hereunder and that it has made and shall continue to make its own appraisal of the creditworthiness of Borrowers and its Subsidiaries. Agent shall not have any duty or responsibility, either initially or on a continuing basis, to make any such investigation or any such appraisal on behalf of Lenders or to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Loans or at any time or times thereafter, and Agent shall not have any responsibility with respect to the accuracy of or the completeness of any information provided to Lenders.

Appears in 1 contract

Samples: Credit Agreement (Viasource Communications Inc)

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Representations and Warranties; No Responsibility for Appraisal of Creditworthiness. Each Lender represents and warrants that it has made its own independent investigation of the financial condition and affairs of Borrower and its Subsidiaries Company in connection with the making of the Loans and the incurrence issuance of Letters of Credit Obligations hereunder and that it such Lender's purchasing of participations in such Letters of Credit and has made and shall continue to make its own appraisal of the creditworthiness of Borrowers and its SubsidiariesCompany. Neither Agent shall not have any duty or responsibility, responsibility either initially or on a continuing basis, basis to make any such investigation or any such appraisal on behalf of Lenders or to provide any Lender with any credit or other information with respect thereto, thereto whether coming into its possession before the making of the Loans or at the issuance of the Letters of Credit or any time or times thereafter, thereafter and neither Agent shall not further have any responsibility with respect to the accuracy of or the completeness of any the information provided to Lenders.

Appears in 1 contract

Samples: Credit Agreement (Owens Illinois Inc /De/)

Representations and Warranties; No Responsibility for Appraisal of Creditworthiness. Each Lender represents and warrants that it has made its own independent investigation of the financial condition and affairs of each Borrower and its Subsidiaries in connection with the making of the Loans and the incurrence issuance of Letters of Credit Obligations hereunder and that it has made and shall continue to make its own appraisal of the creditworthiness of Borrowers each Borrower and its Subsidiaries. Agent Agents shall not have any duty or responsibility, either initially or on a continuing basis, to make any such investigation or any such appraisal on behalf of Lenders or to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Loans or at any time or times thereafter, and Agent Agents shall not have any responsibility with respect to the accuracy of or the completeness of any information provided to Lenders.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Goss Graphic Systems Inc)

Representations and Warranties; No Responsibility for Appraisal of Creditworthiness. Each Lender represents and warrants that it has made its own independent investigation of the financial condition and affairs of Borrower Company and its Subsidiaries in connection with the making of the Loans and the incurrence issuance of Letters of Credit Obligations hereunder and that it has made and shall continue to make its own appraisal of the creditworthiness of Borrowers Company and its Subsidiaries. Administrative Agent shall not have any duty or responsibility, either initially or on a continuing basis, to make any such investigation or any such appraisal on behalf of Lenders or to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Loans or at any time or times thereafter, and no Agent shall not have any responsibility with respect to the accuracy of or the completeness of any information provided to Lenders.

Appears in 1 contract

Samples: Credit Agreement (Blackbaud Inc)

Representations and Warranties; No Responsibility for Appraisal of Creditworthiness. Each Lender represents and warrants that it has made its own independent investigation of the financial condition and affairs of Borrower Company and its Subsidiaries in connection with the making of the Loans and the incurrence issuance of Letters of Credit Obligations hereunder and that it has made and shall continue to make its own appraisal of the creditworthiness of Borrowers Company and its Subsidiaries. No Agent shall not have any duty or responsibility, either initially or on a continuing basis, to make any such investigation or any such appraisal on behalf of Lenders or to provide any Lender with any credit or other information with respect thereto, whether coming into 138 its possession before the making of the Loans or at any time or times thereafter, and no Agent shall not have any responsibility with respect to the accuracy of or the completeness of any information provided to Lenders.

Appears in 1 contract

Samples: Credit Agreement (Wavetek U S Inc)

Representations and Warranties; No Responsibility for Appraisal of Creditworthiness. Each Lender represents and warrants that it has made its own independent investigation of the financial condition and affairs of Borrower the Borrowers and its their Subsidiaries in connection with the making of the Loans and the incurrence issuance of Letters of Credit Obligations hereunder and that it has made and shall continue to make its own appraisal of the creditworthiness of the Borrowers and its their Subsidiaries. Agent Agents shall not have any duty or responsibility, either initially or on a continuing basis, to 171 make any such investigation or any such appraisal on behalf of Lenders or to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Loans or at any time or times thereafter, and Agent Agents shall not have any responsibility with respect to the accuracy of or the completeness of any information provided to Lenders.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Lincoln Electric Holdings Inc)

Representations and Warranties; No Responsibility for Appraisal of Creditworthiness. Each Lender represents and warrants that it has made its own independent investigation of the financial condition and affairs of Borrower Company and its Subsidiaries in connection with the making of the Loans and the incurrence issuance of Letters of Credit Obligations hereunder and that it has made and shall continue to make its own appraisal of the creditworthiness of Borrowers Company and its Subsidiaries. No Administrative Agent shall not have any duty or responsibility, either initially or on a continuing basis, to make any such investigation or any such appraisal on behalf of Lenders or to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Loans or at any time or times thereafter, and no Administrative Agent shall not have any responsibility with respect to the accuracy of or the completeness of any information provided to Lenders.

Appears in 1 contract

Samples: Priority Secured Credit Agreement (Loews Cineplex Entertainment Corp)

Representations and Warranties; No Responsibility for Appraisal of Creditworthiness. Each Lender represents and warrants that it has made its own independent investigation of the financial condition and affairs of Borrower Parent and its Subsidiaries in connection with the making of the Loans and the incurrence issuance of Letters of Credit Obligations hereunder and the execution of the IRB Reimbursement Agreement and that it has made and shall continue to make its own appraisal of the creditworthiness of Borrowers Parent and its Subsidiaries. Administrative Agent shall not have any duty or responsibility, either initially or on a continuing basis, to make any such investigation or any such appraisal on behalf of Lenders or to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Loans or at any time or times thereafterthere after, and Administrative Agent shall not have any responsibility with respect to the accuracy of or the completeness of any information provided to Lenders.

Appears in 1 contract

Samples: Credit Agreement (CFP Holdings Inc)

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Representations and Warranties; No Responsibility for Appraisal of Creditworthiness. Each Lender represents and warrants that it has made its own independent investigation of the financial condition and affairs of each Borrower and its Subsidiaries in connection with the making of the Loans and the incurrence issuance of Letters of Credit Obligations hereunder and that it has made and shall continue to make its own appraisal of the creditworthiness of Borrowers each Borrower and its Subsidiaries. Administrative Agent shall not have any duty or responsibility, either initially or on a continuing basis, to make any such investigation or any such appraisal on behalf of Lenders or to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Loans or at any time or times thereafter, and Administrative Agent shall not have any responsibility with respect to the accuracy of or the completeness of any information provided to Lenders.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Goss Holdings Inc)

Representations and Warranties; No Responsibility for Appraisal of Creditworthiness. Each Lender represents and warrants that it has made its own independent investigation of the financial condition and affairs of Borrower and its Subsidiaries in connection with the making of the Loans and the incurrence issuance of Letters of Credit Obligations hereunder and that it has made and shall continue to make its own appraisal of the creditworthiness of Borrowers Borrower and its Subsidiaries. No Agent shall not have any duty or responsibility, either initially or on a continuing basis, to make any such investigation or any such appraisal on behalf of Lenders or to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Loans or at any time or times thereafter, and no Agent shall not have any responsibility with respect to the accuracy of or the completeness of any information provided to Lenders.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Prime Succession Inc)

Representations and Warranties; No Responsibility for Appraisal of Creditworthiness. Each Lender represents and warrants that it has made its own independent investigation of the financial condition and affairs of Borrower Parent and its Subsidiaries in connection with the making of the Loans and the incurrence issuance of Letters of Credit Obligations hereunder and the execution of the IRB Reimbursement Agreement and that it has made and shall continue to make its own appraisal of the creditworthiness of Borrowers Parent and its Subsidiaries. Administrative Agent shall not have any duty or responsibility, either initially or on a continuing basis, to make any such investigation or any such appraisal on behalf of Lenders or to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Loans or at any time or times thereafter, and Administrative Agent shall not have any responsibility with respect to the accuracy of or the completeness of any information provided to Lenders.

Appears in 1 contract

Samples: Credit Agreement (CFP Holdings Inc)

Representations and Warranties; No Responsibility for Appraisal of Creditworthiness. Each Lender represents and warrants that it has made its own independent investigation of the financial condition and affairs of Borrower Company and its Subsidiaries in connection with the making of the Loans Against Imports and the incurrence issuance of Letters of Credit Obligations Documentary Credits hereunder and that it has made and shall continue to make its own appraisal of the creditworthiness of Borrowers Company and its Subsidiaries. Administrative Agent shall not have any duty or responsibility, either initially or on a continuing basis, to make any such investigation or any such appraisal on behalf of Lenders or to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Loans Against Imports or at any time or times thereafter, and Administrative Agent shall not have any responsibility with respect to the accuracy of or the completeness of any information provided to Lenders.

Appears in 1 contract

Samples: Credit Agreement (Cyrk Inc)

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