Common use of Seller’s Financial Condition Clause in Contracts

Seller’s Financial Condition. Guarantor assumes all responsibility for being and keeping itself informed of Seller’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Obligations and the nature, scope, and extent of the risks that Guarantor assumes and incurs hereunder, and agrees that Buyer shall have no duty to advise Guarantor of information known to it regarding such circumstances or risks.

Appears in 1 contract

Samples: Guaranty Agreement (Radian Group Inc)

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Seller’s Financial Condition. Guarantor assumes all responsibility for being and keeping itself informed of Seller’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Obligations and the nature, scope, scope and extent of the risks that Guarantor assumes and incurs hereunder, and agrees that Buyer shall have no duty to advise Guarantor of information known to it regarding such circumstances or risks.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Radian Group Inc)

Seller’s Financial Condition. Guarantor assumes all responsibility for being and keeping itself informed of Seller’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Obligations and the nature, scope, scope and extent of the risks that Guarantor assumes and incurs hereunder, and agrees that neither Administrative Agent nor any Buyer shall have no any duty to advise Guarantor of information known to it regarding such circumstances or risks.

Appears in 1 contract

Samples: Guaranty (Pennymac Financial Services, Inc.)

Seller’s Financial Condition. Guarantor assumes all responsibility for being and keeping itself informed of Seller’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Obligations and the nature, scope, scope and extent of the risks that Guarantor assumes and incurs hereunder, and agrees that Buyer Bank of America shall have no duty to advise Guarantor of information known to it regarding such circumstances or risks.

Appears in 1 contract

Samples: Guaranty (Five Oaks Investment Corp.)

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Seller’s Financial Condition. Guarantor assumes all responsibility for being and keeping itself informed of Seller’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Obligations and the nature, scope, scope and extent of the risks that Guarantor assumes and incurs hereunder, and agrees that Buyer Administrative Agent shall have no duty to advise Guarantor of information known to it regarding such circumstances or risks. 20.

Appears in 1 contract

Samples: Guaranty Agreement Guaranty Agreement (Altisource Asset Management Corp)

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