Common use of Lack of Reliance on the Administrative Agent Clause in Contracts

Lack of Reliance on the Administrative Agent. Each of the Lenders, the Swingline Lender and each L/C Issuer acknowledges that it has, independently and without reliance upon the Administrative Agent, any L/C Issuer or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each of the Lenders, the Swingline Lender and any L/C Issuer also acknowledges that it will, independently and without reliance upon the Administrative Agent, any L/C Issuer or any other Lender and based on such documents and information as it has deemed appropriate, continue to make its own decisions in taking or not taking any action under or based on this Agreement, any related agreement or any document furnished hereunder or thereunder.

Lack of Reliance on the Administrative Agent. (a) Each of the Lenders, the Swingline Lender and each L/C Issuer the Issuing Bank acknowledges that it has, independently and without reliance upon the Administrative Agent, any L/C Issuer the Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each of the Lenders, the Swingline Lender and any L/C Issuer the Issuing Bank also acknowledges that it will, independently and without reliance upon the Administrative Agent, any L/C Issuer the Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, continue to make its own decisions in taking or not taking any action under or based on this Agreement, any related agreement or any document furnished hereunder or thereunder.

Lack of Reliance on the Administrative Agent. Each of the Lenders, the Swingline Lender and each L/C Issuer the Issuing Banks acknowledges that it has, independently and without reliance upon the Administrative Agent, any L/C Issuer Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each of the Lenders, the Swingline Lender and any L/C Issuer the Issuing Banks also acknowledges that it will, independently and without reliance upon the Administrative Agent, any L/C Issuer Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, continue to make its own decisions in taking or not taking any action under or based on this Agreement, any related agreement or any document furnished hereunder or thereunder.

Lack of Reliance on the Administrative Agent. Each of the Lenders, the Swingline Lender and each L/C Issuer the Issuing Bank acknowledges that it has, independently and without reliance upon the Administrative Agent, its Affiliates, any L/C Issuer Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each of the Lenders, the Swingline Lender and any L/C Issuer the Issuing Bank also acknowledges that it will, independently and without reliance upon the Administrative Agent, any L/C Issuer Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, continue to make its own decisions in taking or not taking of any action under or based on this Agreement, any related agreement or any document furnished hereunder or thereunder.

Lack of Reliance on the Administrative Agent. Each of the Lenders, Lenders and the Swingline Lender and each L/C Issuer Issuing Bank acknowledges that it has, independently and without reliance upon the Administrative Agent, any L/C Issuer Issuing Bank, the Arrangers or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each of the Lenders, Lenders and the Swingline Lender and any L/C Issuer Issuing Bank also acknowledges that it will, independently and without reliance upon the Administrative Agent, any L/C Issuer Issuing Bank, the Arrangers or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, continue to make its own decisions in taking or not taking of any action under or based on this Agreement, any related agreement or any document furnished hereunder or thereunder.

Lack of Reliance on the Administrative Agent. Each of the Lenders, Lenders (including the Swingline Lender Lender) and each L/C Issuer the Issuing Bank acknowledges that it has, independently and without reliance upon the Administrative Agent, any L/C Issuer Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each of the Lenders, Lenders (including the Swingline Lender Lender) and any L/C Issuer the Issuing Bank also acknowledges that it will, independently and without reliance upon the Administrative Agent, any L/C Issuer Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, continue to make its own decisions in taking or not taking of any action under or based on this Agreement, any related agreement or any document furnished hereunder or thereunder.

Lack of Reliance on the Administrative Agent. Each of the Lenders, the Swingline Lender and each L/C Issuer the Issuing Lenders acknowledges that it has, independently and without reliance upon the Administrative Agent, any L/C Issuer the Issuing Lenders or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each of the Lenders, the Swingline Lender and any L/C Issuer the Issuing Lenders also acknowledges that it will, independently and without reliance upon the Administrative Agent, any L/C Issuer the Issuing Lenders or any other Lender and based on such documents and information as it has deemed appropriate, continue to make its own decisions in taking or not taking any action under or based on this Agreement, any related agreement or any document furnished hereunder or thereunder.

Lack of Reliance on the Administrative Agent. Each of the Lenders, the Swingline Lender Swing Line Bank and each L/C the Letter of Credit Issuer acknowledges that it has, independently and without reliance upon the Administrative Agent, any L/C the Letter of Credit Issuer or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each of the Lenders, the Swingline Lender Swing Line Bank and any L/C the Letter of Credit Issuer also acknowledges that it will, independently and without reliance upon the Administrative Agent, any L/C the Letter of Credit Issuer or any other Lender and based on such documents and information as it has deemed appropriate, continue to make its own decisions in taking or not taking any action under or based on this Agreement, any related agreement or any document furnished hereunder or thereunder.

Lack of Reliance on the Administrative Agent. Each of the Lenders, the Swingline Lender and each L/C Issuer the Issuing Lenders acknowledges that it has, independently and without reliance upon the Administrative Agent, any L/C Issuer the Original Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each of the Lenders, the Swingline Lender and any L/C Issuer the Issuing Lenders also acknowledges that it will, independently and without reliance upon the Administrative Agent, any L/C Issuer the Original Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, continue to make its own decisions in taking or not taking of any action under or based on this Agreement, any related agreement or any document furnished hereunder or thereunder.

Lack of Reliance on the Administrative Agent. Each of the Lenders, the Swingline Lender and each L/C Issuer the Issuing Bank acknowledges that it has, independently and without reliance upon the Administrative Agent, any L/C Issuer the Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis analysis, appraisals and decision to enter into this Agreement. Each of the Lenders, the Swingline Lender and any L/C Issuer the Issuing Bank also acknowledges that it will, independently and without reliance upon the Administrative Agent, any L/C Issuer the Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, continue to make its own credit analysis, appraisals and decisions in taking or not taking any action under or based on this Agreement, any related agreement or any document furnished hereunder or thereunder.

Lack of Reliance on the Administrative Agent. Each of the Lenders, the Swingline Lender and each L/C Issuer the Issuing Lender acknowledges that it has, independently and without reliance upon the Administrative Agent, any L/C Issuer Issuing Lender or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Credit Agreement. Each of the Lenders, the Swingline Lender and any L/C Issuer the Issuing 104 Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent, any L/C Issuer Issuing Lender or any other Lender and based on such documents and information as it has deemed appropriate, continue to make its own decisions in taking or not taking of any action under or based on this Credit Agreement, any related agreement or any document furnished hereunder or thereunder.

Lack of Reliance on the Administrative Agent. Each of the Lenders, the Swingline Lender and each L/C Issuer the Issuing Bank acknowledges that it has, independently and without 103 reliance upon the Administrative Agent, any L/C Issuer the Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each of the Lenders, the Swingline Lender and any L/C Issuer the Issuing Bank also acknowledges that it will, independently and without reliance upon the Administrative Agent, any L/C Issuer the Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, continue to make its own decisions in taking or not taking any action under or based on this Agreement, any related agreement or any document furnished hereunder or thereunder.

Lack of Reliance on the Administrative Agent. Each of the Lenders, the Swingline Lender and each L/C Issuer the Issuing Bank acknowledges that it has, independently and without reliance upon the Administrative Agent, any L/C Issuer Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. , Each of the Lenders, the Swingline Lender and any L/C Issuer the Issuing Bank also acknowledges that it will, independently and without reliance upon the Administrative Agent, any L/C Issuer Issuing Bank or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, continue to make its own decisions in taking or not taking of any action under or based on this Agreement, any related agreement or any document furnished hereunder or thereunder.