Common use of Borrower’s Financial Condition Clause in Contracts

Borrower’s Financial Condition. Each Borrower is familiar with the financial condition of the other Borrowers, and each Borrower has executed and delivered this Agreement and the other Loan Documents based on that Borrower’s own judgment and not in reliance upon any statement or representation of the Administrative Agent or any Lender. Neither the Administrative Agent nor the Lenders shall have any obligation to provide any Borrower with any advice whatsoever or to inform any Borrower at any time of the Administrative Agent’s or the Lenders’ actions, evaluations or conclusions on the financial condition or any other matter concerning any Borrower.

Appears in 5 contracts

Samples: Credit Agreement (James River Group Holdings, Ltd.), Credit Agreement (Stoneridge Inc), Credit Agreement (James River Group Holdings, Ltd.)

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Borrower’s Financial Condition. Each Borrower is familiar with the financial condition of the other Borrowers, and each Borrower has executed and delivered this Agreement and the other Loan Documents based on that BorrowerXxxxxxxx’s own judgment and not in reliance upon any statement or representation of the Administrative Agent or any Lender. Neither the Administrative Agent nor the Lenders shall have any obligation to provide any Borrower with any advice whatsoever or to inform any Borrower at any time of the Administrative Agent’s or the Lenders’ actions, evaluations or conclusions on the financial condition or any other matter concerning any Borrower.

Appears in 1 contract

Samples: Credit Agreement (James River Group Holdings, Ltd.)

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Borrower’s Financial Condition. Each Borrower is familiar with the financial condition of the other Borrowers, and each Borrower has executed and delivered this Agreement and the other Loan Documents based on that Borrower’s own judgment and not in reliance upon any statement or representation of the Administrative Agent or any Lender. Neither None of the Administrative Agent, the Funding Agent nor the Lenders any Lender shall have any obligation to provide any Borrower with any advice whatsoever or to inform any Borrower at any time of the Administrative Agent’s, the Funding Agent’s or the Lenders’ any Lender’s actions, evaluations or conclusions on the financial condition or any other matter concerning any Borrowerthe Borrowers.

Appears in 1 contract

Samples: Credit Agreement (Sunlink Health Systems Inc)

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