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 the Borrower in connection with the making of the Loans hereunder and has made and shall continue to make its own appraisal of the creditworthiness of the Borrower. No Agent shall have any duty or responsibility either initially or on a continuing basis to make any such investigation or any such appraisal on behalf of any Lender or to provide any Lender with any credit or other information with respect thereto whether coming into its possession before the making of the Loan or the issuance of the Letter of Credit or any time or times thereafter, and no Agent shall further have any responsibility with respect to the accuracy of or the completeness of the information provided to the Lenders.

Appears in 5 contracts

Samples: Credit Agreement (Textron Inc), Credit Agreement (Textron Inc), Credit Agreement (Textron 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 the Borrower Holding and its Subsidiaries in connection with the making of the Revolving Credit Loans hereunder and has made and shall continue to make its own appraisal of the creditworthiness of the BorrowerHolding 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 any Lender Lenders or to provide any Lender with any credit or other information with respect thereto whether coming into its their possession before the making of the Loan or the issuance of the Letter of Revolving Credit Loans or any time or times thereafter, and no Agent shall further not have any responsibility with respect to the accuracy of or the completeness of the information provided to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Nu Kote Holding Inc /De/), Credit Agreement (Nu Kote Holding 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 the Borrower in connection with the making of the Loans and the issuance of Letters of Credit hereunder and has made and shall continue to make its own appraisal of the creditworthiness of the Borrower. 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 any Lender 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 Loan or the issuance of the Letter of Credit Loans or any time or times thereafter, and no Administrative Agent shall not further have any responsibility with respect to the accuracy of or the completeness of the information provided to the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Burlington Industries 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 the Borrower Company in connection with the making of the Loans hereunder and has made and shall continue to make its own appraisal of the creditworthiness of the BorrowerCompany. No Neither Agent nor Bid Rate Loan Agent shall have any duty or responsibility either initially or on a continuing basis to make any such investigation or any such appraisal on behalf of any Lender 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 Loan or the issuance of the Letter of Credit Loans, or any time or times thereafter, thereafter and no neither Agent nor Bid Rate Loan Agent shall further have any responsibility with respect to the accuracy of or the completeness of the information provided to the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Danaher Corp /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 the Borrower Holding and its Subsidiaries in connection with the making of the Loans hereunder and has made and shall continue to make its own appraisal of the creditworthiness of the BorrowerHolding and its Subsidiaries. No Agent shall have any duty or responsibility either initially or on a continuing basis to make any such investigation or any such appraisal on behalf of any Lender Lenders or to provide any Lender with any credit or other information with respect thereto whether coming into its their possession before the making of the Loan or the issuance of the Letter of Credit Loans or any time or times thereafter, thereafter and no Agent shall further have any responsibility with respect to the accuracy of or the completeness of the information provided to the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Blue Bird 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 the Borrower in connection with the making of the Loans hereunder and has made and shall continue to make its own appraisal of the creditworthiness of the Borrower. No Collateral 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 any Lender 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 Loan or the issuance of the Letter of Credit Loans or any time or times thereafter, thereafter and no Collateral Agent shall further have any no responsibility with respect to the accuracy of or the completeness of the information provided to the Lenders.

Appears in 1 contract

Samples: Fourth Amendment Agreement (Shared Technologies Cellular 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 the Borrower in connection with the making of the Term Loans hereunder and has made and shall continue to make its own appraisal of the creditworthiness of the Borrower. No Agent shall have any duty or responsibility either initially or on a continuing basis to make any such investigation or any such appraisal on behalf of any Lender or to provide any Lender with any credit or other information with respect thereto whether coming into its possession before the making of the Loan or the issuance of the Letter of Credit Term Loans or any time or times thereafter, and no Agent shall further have any responsibility with respect to the accuracy of or the completeness of the information provided to the Lenders.

Appears in 1 contract

Samples: Term Credit Agreement (Textron 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 the Borrower Company in connection with the making of the Loans hereunder and has made and shall continue to make its own appraisal of the creditworthiness of the BorrowerCompany. No Agent shall have any duty or responsibility either initially or on a continuing basis to make any such investigation or any such appraisal on behalf of any Lender or Lenders or, unless expressly required hereunder, to provide any Lender with any credit or other information with respect thereto whether coming into its possession before the making of the Loan or the issuance of the Letter of Credit Loans or any time or times thereafter, thereafter and no Agent shall further have any responsibility with respect to the accuracy of or the completeness of the information provided to the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Borg Warner Security 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 the Borrower in connection with the making of the Loans hereunder and has made and shall continue to make its own appraisal of the creditworthiness of the Borrower. No The 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 any Lender or to provide any Lender with any credit or other information with respect thereto whether coming into its possession before the making of the Loan or the issuance of the Letter of Credit or any time or times thereafter, and no the Administrative Agent shall not further have any responsibility with respect to the accuracy of or the completeness of the information provided to the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Textron Inc)

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