Common use of Distribution of Reports Clause in Contracts

Distribution of Reports. Subject to the provisions of Section 9.11 of the Credit Agreement, the Pledgor authorizes the Agent, as the Agent may elect in its sole discretion, to discuss with and furnish to its affiliates and to the Lenders or to any other person or entity having an interest in the Secured Obligations (whether as a guarantor, pledgor of collateral, participant or otherwise) all financial statements, audit reports and other information pertaining to the Pledgor and its Subsidiaries whether such information was provided by the Pledgor or prepared or obtained by the Agent. Neither the Agent nor any of its employees, officers, directors or agents makes any representation or warranty regarding any audit reports or other analyses of the Pledgor’s and its Subsidiaries’ condition which the Agent may in its sole discretion prepare and elect to distribute, nor shall the Agent or any of its employees, officers, directors or agents be liable to any person or entity receiving a copy of such reports or analyses for any inaccuracy or omission contained in or relating thereto.

Appears in 1 contract

Samples: Pledge and Security Agreement (Maytag Corp)

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Distribution of Reports. Subject to the provisions of Section 9.11 of the Credit Agreement, the Pledgor The Revolving/LC Borrower authorizes the Agent, as the Agent may elect in its sole discretion, to discuss with and furnish to its affiliates and to the Lenders or to any other person or entity having an interest in the Secured Revolving/LC Borrower’s Obligations (whether as a guarantor, pledgor of collateral, participant or otherwise) all financial statements, audit reports and other information pertaining to the Pledgor Revolving/LC Borrower and its Subsidiaries whether such information was provided by the Pledgor Revolving/LC Borrower or prepared or obtained by the Agent. Neither the Agent nor any of its employees, officers, directors or agents makes any representation or warranty regarding any audit reports or other analyses of the PledgorRevolving/LC Borrower’s and its Subsidiaries’ condition which the Agent may in its sole discretion prepare and elect to distribute, nor shall the Agent or any of its employees, officers, directors or agents be liable to any person or entity receiving a copy of such reports or analyses for any inaccuracy or omission contained in or relating thereto.

Appears in 1 contract

Samples: Pledge and Security Agreement (Sand Springs Railway CO)

Distribution of Reports. Subject to the provisions of Section 9.11 of the Credit Agreement, the Pledgor Such Debtor authorizes the Collateral Agent, as the Collateral Agent may elect in its sole discretion, to discuss with and furnish to its affiliates and to the Lenders Secured Parties or to any other person or entity having an interest in the Secured such Debtor’s Obligations (whether as a guarantor, pledgor of collateral, participant or otherwise) all financial statements, audit reports and other information pertaining to the Pledgor such Debtor and its Subsidiaries whether such information was provided by the Pledgor such Debtor or prepared or obtained by the Collateral Agent. Neither the Collateral Agent nor any of its employees, officers, directors or agents makes any representation or warranty regarding any audit reports or other analyses of the Pledgorsuch Debtor’s and its Subsidiaries’ condition which the Collateral Agent may in its sole discretion prepare and elect to distribute, nor shall the Collateral Agent or any of its employees, officers, directors or agents be liable to any person or entity receiving a copy of such reports or analyses for any inaccuracy or omission contained in or relating thereto.

Appears in 1 contract

Samples: Security Agreement (Sand Springs Railway CO)

Distribution of Reports. Subject to the provisions of Section 9.11 of the Credit Agreement, the Pledgor The Term Borrower authorizes the Agent, as the Agent may elect in its sole discretion, to discuss with and furnish to its affiliates and to the Lenders or to any other person or entity having an interest in the Secured Term Borrower’s Obligations (whether as a guarantor, pledgor of collateral, participant or otherwise) all financial statements, audit reports and other information pertaining to the Pledgor Term Borrower and its Subsidiaries whether such information was provided by the Pledgor Term Borrower or prepared or obtained by the Agent. Neither the Agent nor any of its employees, officers, directors or agents makes any representation or warranty regarding any audit reports or other analyses of the PledgorTerm Borrower’s and its Subsidiaries’ condition which the Agent may in its sole discretion prepare and elect to distribute, nor shall the Agent or any of its employees, officers, directors or agents be liable to any person or entity receiving a copy of such reports or analyses for any inaccuracy or omission contained in or relating thereto.

Appears in 1 contract

Samples: Pledge and Security Agreement (Sand Springs Railway CO)

Distribution of Reports. Subject to the provisions of Section 9.11 of the Credit Agreement, the Pledgor Each Grantor authorizes the AgentCompany, as the Agent Company may elect in its sole discretion, to discuss with and furnish to its affiliates and to the Lenders Agent, the Co-Agents, the Banks, any L/C Providers or any Interest Rate Providers or to any other person or entity having an interest in the Secured Obligations (whether as a guarantor, pledgor of collateral, participant or otherwise) all financial statements, audit reports and other information pertaining to the Pledgor and its Subsidiaries such Grantor whether such information was provided by the Pledgor such Grantor or prepared or obtained by the AgentCompany provided that such other person or entity agrees to hold such information in confidence except for disclosure: (i) to legal counsel, accountants and other professional advisors to such purchasers, (ii) to regulatory officials, (iii) as required by law, regulation or legal process or (iv) in connection with any legal proceeding to which such person or entity is a party. Neither the Agent Company nor any of its employees, officers, directors or agents makes any representation representations or warranty regarding any audit reports or other analyses of the Pledgor’s and its Subsidiaries’ any Grantor's condition which the Agent Company may in its is sole discretion prepare and to elect to distribute, nor shall the Agent Company or any of its employees, officers, directors or agents be liable to any person or entity receiving a copy of such reports or analyses for any inaccuracy or omission contained in or relating thereto.

Appears in 1 contract

Samples: Intercompany Security Agreement and Financing (Jacor Communications Inc)

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Distribution of Reports. Subject to the provisions of Section 9.11 of the Credit Agreement, the Pledgor The Borrower authorizes the AgentAgent and each Lender, as the Agent or such Lender may elect in its sole discretion, to discuss with and furnish to its affiliates and to the Lenders or to any other person or entity Person having an interest in the Secured Obligations (whether as a guarantor, pledgor of collateral, participant or otherwise) all financial statements, audit reports and other information pertaining to the Pledgor and its Subsidiaries Borrower or the Collateral whether such information was provided by the Pledgor Borrower or prepared or obtained by the AgentAgent or such Lender. Neither the Agent nor any Lender, nor any of its such Person's employees, officers, directors or agents makes any representation or warranty regarding any audit reports or other analyses of the Pledgor’s and its Subsidiaries’ Borrower's condition which the Agent or such Lender may in its sole discretion prepare and elect to distribute, nor shall the Agent or any of its Lender, nor any such Person's employees, officers, directors or agents be liable to any person or entity receiving a copy of such reports or analyses for any inaccuracy or omission contained in or relating thereto.

Appears in 1 contract

Samples: Pledge and Security Agreement (Rawlings Sporting Goods Co Inc)

Distribution of Reports. Subject to the provisions of Section 9.11 of the Credit Agreement, the Pledgor Each Grantor authorizes the Agent, as the Agent may elect in its sole discretion, to discuss with and furnish to its affiliates and to the Lenders Co-Agents, the Banks, any L/C Providers, any Interest Rate Providers or to any other person or entity having an interest in the Secured Obligations (whether as a guarantor, pledgor of collateral, participant or otherwise) all financial statements, audit reports and other information pertaining to the Pledgor and its Subsidiaries such Grantor whether such information was provided by the Pledgor such Grantor or prepared or obtained by the AgentAgent provided that such other person or entity agrees to hold such information in confidence except for disclosure: (i) to legal counsel, accountants and other professional advisors to such purchaser, (ii) to regulatory officials, (iii) as required by law, regulation or legal process or 26 27 (iv) in connection with any legal proceeding to which such person or entity is a party. Neither the Agent nor any of its employees, officers, directors or agents makes any representation or warranty regarding any audit reports or other analyses of the Pledgor’s and its Subsidiaries’ any Grantor's condition which the Agent may in its sole discretion prepare and elect to distribute, nor shall the Agent or any of its employees, officers, directors or agents be liable to any person or entity receiving a copy of such reports or analyses for any inaccuracy or omission contained in or relating thereto.

Appears in 1 contract

Samples: 1 Subsidiary Security Agreement (Jacor Communications Inc)

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