Common use of Responsibility of the Lenders Clause in Contracts

Responsibility of the Lenders. Each Lender is responsible for its own decision to become involved in the Facility and its decision to take or not take action under the Facility. It shall make its own credit appraisal of the Obligors and the terms of the Facility. Neither the Agent nor the Arranger makes any representation that any information provided to a Lender before or after the date of this Agreement is true. Accordingly each Lender should take whatever action it believes is necessary to verify that information. In addition neither the Agent nor the Arranger is responsible for the legality, validity or adequacy of this Agreement. Each Lender will satisfy itself on these issues.

Responsibility of the Lenders. Each Lender is responsible for its own decision to become involved in the Facility and its decision to take or not take action under the Facility. It shall should make its own credit appraisal of the Obligors Borrower and the Guarantor and the terms of the Facility. Neither the Agent nor the Arranger makes any representation that any information provided to a Lender before or after the date of this Agreement is true. Accordingly each Lender should take whatever action it believes is necessary to verify that information. In addition neither the Agent nor the Arranger is responsible for the legality, validity or adequacy of this Agreementany Finance Document. Each Lender will satisfy itself on these issues.

Responsibility of the Lenders. Each Lender is responsible for its own decision to become involved in the Facility and its decision to take or not take action under the Facility. It shall should make its own credit appraisal of the Obligors Borrower and the Guarantor and the terms of the Facility. Neither the Agent nor the Arranger makes any representation that any information provided to a Lender before or after the date of this Agreement is true. Accordingly each Lender should take whatever action it believes is necessary to verify that information. In addition neither the Agent nor the Arranger is responsible for the legality, validity or adequacy of this Agreement. Each Lender will satisfy itself on these issues.

Responsibility of the Lenders. Each Lender is responsible for its own decision to become involved in the Facility and its decision to take or not take action under the Facility. It shall should make its own credit appraisal of the Obligors and the terms of the Facility. Neither the Agent nor the any Arranger makes any representation that any information provided to a Lender before or after the date of this Agreement is true. Accordingly each Lender should take whatever action it believes is necessary to verify that information. In addition neither the Agent nor the any Arranger is responsible for the legality, validity or adequacy of this Agreementany Finance Document. Each Lender will satisfy itself on these issues.

Responsibility of the Lenders. Each Lender is responsible for its own decision to become involved in the Facility and its decision to take or not take action under the Facility. It shall should make its own credit appraisal of the Obligors and the terms of the Facility. Neither the Agent nor the any Arranger makes any representation that any information provided to a Lender before or after the date of this Agreement is true. Accordingly each Lender should take whatever action it believes is 65 62 necessary to verify that information. In addition neither the Agent nor the any Arranger is responsible for the legality, validity or adequacy of this Agreementany Finance Document. Each Lender will satisfy itself on these issues.