Common use of Exchanging Information Clause in Contracts

Exchanging Information. Borrowers understand that employees of Agent, Lenders and their Affiliates, ▇▇▇▇▇ Fargo & Company and ▇▇▇▇▇ Fargo Financial, Inc. were involved in the credit decision underlying this Agreement. Borrowers consent to the disclosure of confidential information to such employees of Agent, Lenders and their Affiliates, ▇▇▇▇▇ Fargo & Company and ▇▇▇▇▇ Fargo Financial, Inc. solely for such purpose and to the disclosure of such confidential information in connection with the administration of this Agreement and the transactions contemplated hereunder and for internal and external audit purposes. Agent and Lenders shall be entitled to provide all information received by Agent and Lenders regarding Borrowers and their Affiliates, on a need to know basis, to Agent’s and Lenders’ prospective participants in the Loan and Borrowers waive any right of confidentiality they may have with respect to such exchange of such information.

Appears in 1 contract

Sources: Loan and Security Agreement (C & F Financial Corp)

Exchanging Information. Borrowers understand that employees of Agent, Lenders and their Affiliates, ▇▇▇▇▇ Fargo & Company and ▇▇▇▇▇ Fargo Financial, Inc. were involved in the credit decision underlying this Agreement. Agreement Borrowers consent to the disclosure of confidential information to such employees of Agent, Lenders and their Affiliates, ▇▇▇▇▇ Fargo & Company and ▇▇▇▇▇ Fargo Financial, Inc. solely for such purpose and to the disclosure of such confidential information in connection with the administration of this Agreement and the transactions contemplated hereunder and for internal and external audit purposes. Agent and Lenders shall be entitled to provide all information received by Agent and Lenders regarding Borrowers and their Affiliates, on a need to know basis, to Agent’s and Lenders’ prospective participants in the Loan and Borrowers waive any right of confidentiality they may have with respect to such exchange of such information.

Appears in 1 contract

Sources: Loan and Security Agreement (C & F Financial Corp)