Common use of The Primary Obligor's Financial Condition Clause in Contracts

The Primary Obligor's Financial Condition. The Secondary Obligor assumes full responsibility for keeping informed of the Primary Obligor's financial condition and business operations and all other circumstances affecting the Primary Obligor's ability to pay and perform its obligations to the Administrative Agent, and agrees that the Administrative Agent shall have no duty to disclose to the Secondary Obligor any information which the Administrative Agent may receive about the Primary Obligor's financial condition, business operations, or any other circumstances bearing on its ability to perform.

Appears in 3 contracts

Samples: Joinder and Supplement Agreement (Douglas Emmett Inc), Joinder and Supplement Agreement (Douglas Emmett Inc), Joinder and Supplement Agreement (Douglas Emmett Inc)

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The Primary Obligor's Financial Condition. The Secondary Obligor assumes full responsibility for keeping informed of the Primary Obligor's ’s financial condition and business operations and all other circumstances affecting the Primary Obligor's ability to pay and perform its obligations to the Administrative Agent, and agrees that the Administrative Agent shall have no duty to disclose to the Secondary Obligor any information which the Administrative Agent may receive about the Primary Obligor's financial condition, business operations, or any other circumstances bearing on its ability to perform.

Appears in 2 contracts

Samples: Loan Agreement (Douglas Emmett Inc), Loan Agreement (Douglas Emmett Inc)

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The Primary Obligor's Financial Condition. The Secondary Obligor assumes full responsibility for keeping informed of the Primary Obligor's ’s financial condition and business operations and all other circumstances affecting the Primary Obligor's ’s ability to pay and perform its obligations to the Administrative Agent, and agrees that the Administrative Agent shall have no duty to disclose to the Secondary Obligor any information which the Administrative Agent may receive about the Primary Obligor's ’s financial condition, business operations, or any other circumstances bearing on its ability to perform.

Appears in 1 contract

Samples: Joinder and Supplement Agreement (Douglas Emmett Inc)

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