Common use of Advance Decision Clause in Contracts

Advance Decision. The Lender and the Alternate Lender acknowledge that each has, independently and without reliance upon the Facility Agent, and based on such documents and information as it has deemed appropriate, made its own evaluation and decision to enter into this Agreement and to make Advances hereunder. The Lender and the Alternate Lender also acknowledge that each will, independently and without reliance upon the Facility Agent or any of its Affiliates, and based on such documents and information as it shall deem appropriate at the time, continue to make its own decisions in taking or not taking action under this Agreement or any related agreement, instrument or other document.