Common use of Representations of the Lenders Clause in Contracts

Representations of the Lenders. Each Lender has actively engaged in the negotiation of all of the terms of this Agreement. Each of the Loan Agent and the Collateral Agent has no duty or responsibility, either initially or on a continuing basis, to provide any Lender with any credit or other information with respect to the Borrowers whether coming into its possession as of the date of this Agreement or at any time thereafter, or to notify any Lender of any Event of Default except as provided in Section 7.5 hereof. This Agreement and all instruments or documents delivered in connection with this Agreement have been reviewed and approved by each Lender and none of the Lenders have relied on the Loan Agent or the Collateral Agent as to any legal or factual matter in connection therewith or in connection with the transactions contemplated thereunder.

Appears in 4 contracts

Samples: Loan Agreement (Us Airways Group Inc), Loan Agreement (Us Airways Group Inc), Loan Agreement (Us Airways Group Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.