ADVISED BY COUNSEL Sample Clauses
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ADVISED BY COUNSEL. The Obligors each acknowledge that (i) they have been advised by counsel in the preparation, negotiation, execution and delivery of this Agreement; (ii) they have made an independent decision to enter into this Agreement without reliance on any representation, warranty, covenants or undertaking by the Lender, (iii) the Lender has no fiduciary obligation toward any of the Obligors with respect to this Agreement or the other Amended Loan Documents, (iv) the relationship between the Obligors and the Lender pursuant to this Agreement and the other Amended Loan Documents is and shall be solely that of debtor and creditor, respective; and (v) each of the Obligors understands the meaning and legal effect of this Agreement.
ADVISED BY COUNSEL. The Purchasers acknowledge that (i) they have been advised by counsel in the negotiation, execution and delivery of this Agreement, (ii) they have made an independent decision to enter into this Agreement without reliance on any representation, warranty, covenant or undertaking by Webs▇▇▇ ▇▇▇k, (iii) Webs▇▇▇ ▇▇▇k has no fiduciary obligation toward the Purchasers with respect to this Agreement or the other Loan Documents, (iv) the relationship between the Purchasers and Webs▇▇▇ ▇▇▇k pursuant to this Agreement and the other Loan Documents is and shall be solely that of debtor and creditor, respectively; and (v) each understands the meaning and legal effect of this Agreement.
ADVISED BY COUNSEL. Borrower acknowledges that (i) it has been advised by counsel in the negotiation, execution and delivery of this Amendment, (ii) it has made an independent decision to enter into this Amendment without reliance on any representation, warranty, covenant or undertaking by Agent or Lenders, (iii) Lenders have no fiduciary obligation toward Borrower with respect to this Amendment or the Loan Documents, (iv) the relationship between Borrower and Lenders pursuant to this Amendment and the Loan Documents is and shall be solely that of debtor and creditors, respectively, and (v) it understands the meaning and legal effect of this Amendment.
ADVISED BY COUNSEL. Borrower acknowledges that (i) it has been advised ------------------- by counsel in the negotiation, execution and delivery of this Second Amendment, (ii) it has made an independent decision to enter into this Second Amendment without reliance on any representation, warranty, covenant or undertaking by Agent or Lenders, (iii) Lenders have no fiduciary obligation toward Borrower with respect to this Second Amendment or the Existing Loan Documents, (iv) the relationship between Borrower and Lenders pursuant to this Second Amendment and the Existing Loan Documents is and shall be solely that of debtor and creditors, respectively, and (v) it understands the meaning and legal effect of this Second Amendment.