Common use of Credit Assessment Clause in Contracts

Credit Assessment. Each Lender confirms that it has itself been, and will continue to be, solely responsible for making its own independent investigation and appraisal of the business and operations, financial condition, prospects, creditworthiness, status and affairs of each Borrower, each other Obligor and each Group Company or any other person and has not relied, and will not at any time rely, on the Agent, the Security Trustee or any other Lender:

Credit Assessment. 26.7 Each Lender confirms that it has itself been, and will continue to be, solely responsible for making its own independent investigation and appraisal of the business and operations, financial condition, prospects, creditworthiness, status and affairs of each Borrower, each other Obligor and each Group Company or any other person and has not relied, and will not at any time rely, on the Agent, the Security Trustee or any other Lender: