Common use of Sustainability Matters Clause in Contracts

Sustainability Matters. Each party hereto hereby agrees that none of the Administrative Agent, any Joint Lead Arranger or the Sustainability Structuring Agent shall have (x) any duty to ascertain, inquire into or otherwise independently verify any sustainability related information or any other information or materials provided by the Borrower and used in connection with the sustainability provisions of the credit facility evidenced by this Agreement, including with respect to the applicable KPI nor (y) any responsibility for (or liability in respect of) the completeness or accuracy of such information. Each party hereto hereby agrees that none of Administrative Agent, the Sustainability Structuring Agent or any Joint Lead Arranger shall have any responsibility for (or liability in respect of) reviewing, auditing or otherwise evaluating any calculation by the Borrower of any Sustainability Rate Adjustment (or any of the data or computations that are part of or related to any such calculation) set forth in any Pricing Certificate or notice as to a Pricing Certificate Inaccuracy (and the Administrative Agent, the Joint Lead Arrangers and the Sustainability Structuring Agent may rely conclusively on any such certificate or notice, without further inquiry).

Appears in 3 contracts

Sources: Revolving Credit Agreement (Vornado Realty Lp), Revolving Credit Agreement (Vornado Realty Lp), Revolving Credit Agreement (Vornado Realty Lp)

Sustainability Matters. Each party hereto hereby agrees that none of the Administrative Agent, any Joint Lead Arranger or the any Sustainability Structuring Agent shall have (x) any duty to ascertain, inquire into or otherwise independently verify any sustainability related information or any other information or materials provided by the Borrower and used in connection with the sustainability provisions of the credit facility evidenced by this Agreement, including with respect to the applicable KPI nor (y) any responsibility for (or liability in respect of) the completeness or accuracy of such information. Each party hereto hereby agrees that none of Administrative Agent, the any Sustainability Structuring Agent or any Joint Lead Arranger shall have any responsibility for (or liability in respect of) reviewing, auditing or otherwise evaluating any calculation by the Borrower of any Sustainability Rate Adjustment (or any of the data or computations that are part of or related to any such calculation) set forth in any Pricing Certificate or notice as to a Pricing Certificate Inaccuracy (and the Administrative Agent, the Joint Lead Arrangers and the Sustainability Structuring Agent Agents may rely conclusively on any such certificate or notice, without further inquiry).

Appears in 1 contract

Sources: Term Loan Agreement (Vornado Realty Lp)

Sustainability Matters. Each party hereto hereby agrees that none of the Administrative Agent, any Joint Lead Arranger or the any Sustainability Structuring Agent shall have (x) any duty to ascertain, inquire into or otherwise independently verify any sustainability related information or any other information or materials provided by the Borrower and used in connection with the sustainability provisions of the credit facility evidenced by this Agreement, including with respect to the applicable KPI nor (y) any responsibility for (or liability in respect of) the completeness or accuracy of such information. Each party hereto hereby agrees that none of Administrative Agent, the any Sustainability Structuring Agent or any Joint Lead Arranger shall have any responsibility for (or liability in respect of) reviewing, auditing or otherwise evaluating any calculation by the Borrower of any Sustainability Rate Adjustment (or any of the data or computations that are part of or related to any such calculation) set forth in any Pricing Certificate or notice as to a Pricing Certificate PricingCertificate Inaccuracy (and the Administrative Agent, the Joint Lead Arrangers and the Sustainability Structuring Agent Agents may rely conclusively on any such certificate or notice, without further inquiry).

Appears in 1 contract

Sources: Revolving Credit Agreement (Vornado Realty Lp)

Sustainability Matters. Each party hereto hereby agrees that none of the Administrative Agent, any Joint Lead Arranger or the Sustainability Structuring Agent shall have (x) any duty to ascertain, inquire into or otherwise independently verify any sustainability related information or any other information or materials provided by the Borrower and used in connection with the sustainability provisions of the credit facility evidenced by this Agreement, including with respect to the applicable KPI nor (y) any responsibility for (or liability in respect of) the completeness or accuracy of such information. Each party hereto hereby agrees that none of Administrative Agent, the Sustainability Structuring Agent or any Joint Lead Arranger shall have any responsibility for (or liability in respect of) reviewing, auditing or otherwise evaluating any calculation by the Borrower of any Sustainability Rate Adjustment (or any of the data or computations that are part of or related to any such calculation) set forth in any Pricing Certificate or notice as to a Pricing Certificate Inaccuracy (and the Administrative Agent, the Joint Lead Arrangers and the Sustainability Structuring Agent may rely conclusively on any such certificate or notice, without further inquiry).Pricing

Appears in 1 contract

Sources: Term Loan Agreement (Vornado Realty Lp)