Common use of Debtor Information Clause in Contracts

Debtor Information. The Guarantor acknowledges and agrees that the Guarantor has not executed this Agreement as a result of, by reason of, or in reliance upon, any promise, representation, statement or information of any kind or nature whatsoever given, or offered to the Guarantor, by or on behalf of the Creditor or any other Person whether in answer to any enquiry by or on behalf of the Guarantor or not and the Creditor was not prior to the execution by the Guarantor of this Agreement, and is not thereafter, under any duty to disclose to the Guarantor or any other Person any information, matter or thing (material or otherwise) relating to the Debtor, its affairs or its transactions with the Creditor, including any information, matter or thing which puts or may put the Debtor in a position which the Guarantor would not naturally expect or any unexpected facts or unusual features which, whether known or unknown to the Guarantor, are present in any transaction between the Debtor and the Creditor, and the Creditor was not and is not under any duty to do or execute any matter, thing or document relating to the Debtor, its affairs or its transactions with the Creditor. The Guarantor acknowledges and confirms that it has established its own adequate means of obtaining from the Debtor on a continuing basis all information desired by the Guarantor concerning the financial condition of the Debtor and that the Guarantor will look to the Debtor, and not to the Creditor, in order for the Guarantor to keep adequately informed of changes in the Debtor’s financial condition.

Appears in 1 contract

Sources: Investment Agreement

Debtor Information. The Guarantor acknowledges and agrees that the Guarantor has not executed this Agreement as a result of, by reason of, or in reliance upon, any promise, representation, statement or information of any kind or nature whatsoever given, or offered to the Guarantor, by or on behalf of the Creditor or any other Person whether in answer to any enquiry by or on behalf of the Guarantor or not and the Creditor was not prior to the execution by the Guarantor of this Agreement, and is not thereafter, under any duty to disclose to the Guarantor or any other Person any information, matter or thing (material or otherwise) relating to the DebtorDebtors, its affairs or its transactions with the Creditor, including any information, matter or thing which puts or may put the either Debtor in a position which the Guarantor would not naturally expect or any unexpected facts or unusual features which, whether known or unknown to the Guarantor, are present in any transaction between the a Debtor and the Creditor, and the Creditor was not and is not under any duty to do or execute any matter, thing or document relating to the either Debtor, its affairs or its transactions with the Creditor. The Guarantor acknowledges and confirms that it has established its own adequate means of obtaining from the Debtor Debtors on a continuing basis all information desired by the Guarantor concerning the financial condition of the Debtor Debtors and that the Guarantor will look to the DebtorDebtors, and not to the Creditor, in order for the Guarantor to keep adequately informed of changes in the each Debtor’s financial condition.

Appears in 1 contract

Sources: Limited Recourse Guarantee (THAIHOT Investment Co LTD)