Condition of Designated Borrowers. The Guarantor acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from each Designated Borrower and any other guarantor such information concerning the financial condition, business and operations of such Designated Borrower and any such other guarantor as the Guarantor requires, and that the Administrative Agent and the Lenders have no duty, and the Guarantor is not relying on the Administrative Agent or any Lender at any time, to disclose to the Guarantor any information relating to the business, operations or financial condition of any Designated Borrower or any other guarantor (the Guarantor waiving any duty on the part of the Administrative Agent or any Lender to disclose such information and any defense relating to the failure to provide the same).
Appears in 7 contracts
Samples: Credit Agreement (Host Hotels & Resorts L.P.), Pledge and Security Agreement (Host Hotels & Resorts, Inc.), Pledge and Security Agreement (Host Hotels & Resorts L.P.)
Condition of Designated Borrowers. The Guarantor acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from each Designated Borrower and any other guarantor such information concerning the financial condition, business and operations of such Designated Borrower and any such other guarantor as the Guarantor requires, and that the Administrative Agent and the Lenders Beneficiaries have no duty, and the Guarantor is not relying on the Administrative Agent or any Lender Beneficiaries at any time, to disclose to the Guarantor any information relating to the business, operations or financial condition of any Designated Borrower or any other guarantor (the Guarantor guarantor waiving any duty on the part of the Administrative Agent or any Lender Beneficiaries to disclose such information and any defense relating to the failure to provide the same).
Appears in 4 contracts
Samples: Credit Agreement (Thermo Electron Corp), Credit Agreement (Thermo Fisher Scientific Inc.), Credit Agreement (Thermo Fisher Scientific Inc.)
Condition of Designated Borrowers. The Guarantor acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from each Designated Borrower and any other guarantor such information concerning the financial condition, business and operations of such Designated Borrower and any such other guarantor as the Guarantor requires, and that the Administrative Agent and the Lenders Beneficiaries have no duty, and the Guarantor is not relying on the Administrative Agent or any Lender Beneficiaries at any time, to disclose to the Guarantor any information relating to the business, operations or financial condition of any Designated Borrower or any other guarantor (the Guarantor guarantor waiving any duty on the part of the Administrative Agent or any Lender Beneficiaries to disclose such information and any defense relating to the failure to provide the same).. Form of Company Guaranty
Appears in 1 contract
Condition of Designated Borrowers. The Guarantor acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from each Designated Borrower and any other guarantor such information concerning the financial condition, business and operations of such Designated Borrower and any such other guarantor as the Guarantor requires, and that the Administrative Agent and the Lenders Beneficiaries have no duty, and the Guarantor is not relying on the Administrative Agent or any Lender Beneficiaries at any time, to disclose to the Form of Company Guaranty Guarantor any information relating to the business, operations or financial condition of any Designated Borrower or any other guarantor (the Guarantor guarantor waiving any duty on the part of the Administrative Agent or any Lender Beneficiaries to disclose such information and any defense relating to the failure to provide the same).
Appears in 1 contract
