Common use of Credit Decisions Clause in Contracts

Credit Decisions. Each Lender acknowledges that it has made its own credit decision to extend its Commitments hereunder (i) independently of each of the Agents and each other Lender, and (ii) based on such Lender’s review of the financial information of the Borrower, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender has deemed appropriate. Each Lender also acknowledges that it will continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document (i) independently of each of the Agents and each other Lender, and (ii) based on such other documents, information and investigations as it shall deem appropriate at any time.

Appears in 5 contracts

Samples: Term Loan Agreement (Noble Energy Inc), Credit Agreement (Noble Energy Inc), Credit Agreement (Noble Energy Inc)

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Credit Decisions. Each Lender represents and acknowledges to the Agent that it has made its own credit decision to extend its Commitments hereunder (i) has, independently of each of the Agents Agent and each other Lender, and (ii) based on such Lender’s review of the financial information of the Borrower, referred to in this Agreement, Agreement and the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender it has deemed appropriate, made its own credit decision to enter into this Agreement. Each Lender also acknowledges that it will will, independently of the Agent and each Lender, and based on such documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement Agreement, the Loan Documents or any other Loan Document (i) independently of each of the Agents and each other Lender, and (ii) based on such other documents, information and investigations as it shall deem appropriate at any timerelated instruments.

Appears in 4 contracts

Samples: Credit and Term Loan Agreement (Emerson Radio Corp), Credit and Term Loan Agreement (Emerson Radio Corp), Revolving Credit Agreement (Guest Supply Inc)

Credit Decisions. Each Lender acknowledges that it has made its own credit decision to extend its Commitments hereunder (i) independently of each of the Agents Agent and each other Lender, and (ii) based on such Lender’s 's review of the financial information of the Borrower, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender has deemed appropriate. Each Lender also acknowledges that it will continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document (i) independently of each of the Agents Agent and each other Lender, and (ii) based on such other documents, information and investigations as it shall deem appropriate at any time.

Appears in 3 contracts

Samples: Term Loan Agreement (Noble Energy Inc), Noble Energy Inc, Noble Energy Inc

Credit Decisions. Each Lender acknowledges that it has made its own credit decision to extend its Commitments hereunder (i) has, independently of each of the Agents Agent and each other Lender, and (ii) based on such Lender’s review of the financial information of the Borrower, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender it has deemed appropriate, made its own credit decision to extend its Commitments, to make the Loans and to purchase participations in Letters of Credit. Each Lender also acknowledges that it will will, independently of the Agent and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document (i) independently of each of the Agents and each other Lender, and (ii) based on such other documents, information and investigations as it shall deem appropriate at any timeDocument.

Appears in 2 contracts

Samples: Credit Agreement (Phonetel Technologies Inc), Credit Agreement (Ing Us Capital Corp)

Credit Decisions. Each Lender acknowledges that it has made its own credit decision to extend its Commitments hereunder (i) independently of each of the Agents and each other Lender, and (ii) based on such Lender’s 's review of the financial information of the Borrower, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender has deemed appropriate. Each Lender also acknowledges that it will continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document (i) independently of each of the Agents and each other Lender, and (ii) based on such other documents, information and investigations as it shall deem appropriate at any time.

Appears in 2 contracts

Samples: Credit Agreement (Noble Affiliates Inc), Credit Agreement (Noble Affiliates Inc)

Credit Decisions. Each Lender acknowledges that it has made its own credit decision to extend its Commitments hereunder (i) has, independently of each of the Agents Agent and each other Lender, and (ii) based on such Lender’s review of the financial information of the BorrowerBorrowers, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitment. Each Lender also acknowledges that it will will, independently of each Agent and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document (i) independently of each of the Agents and each other Lender, and (ii) based on such other documents, information and investigations as it shall deem appropriate at any timeDocument.

Appears in 2 contracts

Samples: Credit Agreement (Kerzner International Employment Services LTD), Credit Agreement (Kerzner International LTD)

Credit Decisions. Each Lender acknowledges that it has made its own credit decision to extend its Commitments hereunder (i) has, independently of each of the Agents and each other Lender, Lender and (ii) based on such Lender’s review of the financial information statements of the Borrower, this AgreementCompany, the other Loan Documents (Permitted Borrowers and the terms and provisions of which being satisfactory to such Lender) Subsidiaries and such other documents, information and investigations as such Lender it has deemed appropriate, made its own credit decision to extend credit hereunder from time to time. Each Lender also acknowledges that it will will, independently of Agents and each other Lender and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document (i) independently of each of the Agents and each other Lender, and (ii) based on such other documents, information and investigations as it shall deem appropriate at any timedocument executed pursuant hereto.

Appears in 2 contracts

Samples: Credit Agreement (Vishay Intertechnology Inc), Term Revolving Credit Agreement (Vishay Intertechnology Inc)

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Credit Decisions. Each Lender acknowledges that it has made its own credit decision to extend its Commitments hereunder (i) has, independently of each of the Agents any Agent and each other Lender, and (ii) based on such Lender’s 's review of the financial information of the Borrower, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) Borrower and such other documents, information and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitments. Each Lender also acknowledges that it will will, independently of any Agent and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document (i) independently of each of the Agents and each other Lender, and (ii) based on such other documents, information and investigations as it shall deem appropriate at any timeDocument.

Appears in 1 contract

Samples: Credit Agreement (Pogo Producing Co)

Credit Decisions. Each Lender acknowledges that it has, independently of the Agent, and each other Lender, and based on such Lender's review of the financial information of the Company and such other documents, information, and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitments hereunder (i) independently of each of the Agents and each other Lender, and (ii) based on such Lender’s review of the financial information of the Borrower, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) and such other documents, information and investigations as such Lender has deemed appropriateCommitments. Each Lender also acknowledges that it will will, independently of the Agent, and each other Lender, and based on such other documents, information, and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document (i) independently of each of the Agents and each other Lender, and (ii) based on such other documents, information and investigations as it shall deem appropriate at any timeDocument.

Appears in 1 contract

Samples: Credit Agreement (Kaiser Aluminum Corp)

Credit Decisions. Each Lender acknowledges that it has made its own credit decision to extend its Commitments hereunder (i) has, independently of each of the Agents Agent and each other Lender, and (ii) based on such Lender’s 's review of the financial information of the Borrower, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) Borrower and such other documents, information and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitments. Each Lender also acknowledges that it will will, independently of the Agent and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document (i) independently of each of the Agents and each other Lender, and (ii) based on such other documents, information and investigations as it shall deem appropriate at any timeDocument.

Appears in 1 contract

Samples: Credit Agreement (Pogo Producing Co)

Credit Decisions. Each Lender acknowledges that it has made its own credit decision to extend its Commitments hereunder (i) has, independently of each of the Agents any Agent and each other Lender, and (ii) based on such Lender’s review of the financial information of the Borrower, this Agreement, the other Loan Documents (the terms and provisions of which being satisfactory to such Lender) Borrower and such other documents, information and investigations as such Lender has deemed appropriate, made its own credit decision to extend its Commitments. Each Lender also acknowledges that it will will, independently of any Agent and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document (i) independently of each of the Agents and each other Lender, and (ii) based on such other documents, information and investigations as it shall deem appropriate at any timeDocument.

Appears in 1 contract

Samples: Credit Agreement (Pogo Producing Co)

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