Common use of Financial Condition of Loan Parties Clause in Contracts

Financial Condition of Loan Parties. No Secured Party shall have any obligation, and the Guarantor waives any duty on the part of any Secured Party, to disclose or discuss with the Guarantor its assessment, or the Guarantor’s assessment, of the financial condition of the Co-Borrower or any other Loan Party or any matter or fact relating to the business, operations or condition of the Co-Borrower or any other Loan Party. The Guarantor has adequate means to obtain information from the Co-Borrower and each other Loan Party on a continuing basis concerning the financial condition of such Person and their respective and their respective abilities to perform their respective obligations under the Loan Documents and Related Credit Arrangements, and the Guarantor assumes the responsibility for being and keeping informed of the financial condition of the Co-Borrower and of all circumstances bearing upon the risk of nonpayment of the Guarantied Obligations.

Financial Condition of Loan Parties. No Secured Party shall have any obligation, and the each Guarantor waives any duty on the part of any Secured Party, to disclose or discuss with the such Guarantor its assessment, or the such Guarantor’s assessment, of the financial condition of the Co-either Borrower or any other Loan Party or any matter or fact relating to the business, operations or condition of the Co-either Borrower or any other Loan Party. The Each Guarantor has adequate means to obtain information from the Co-each Borrower and each other Loan Party on a continuing basis concerning the financial condition of such Person and their respective and their respective abilities to perform their respective obligations under the Loan Documents and Related Credit Arrangements, and the each Guarantor assumes the responsibility for being and keeping informed of the financial condition of the Co-each Borrower and each other Loan Party and of all circumstances bearing upon the risk of nonpayment of the Guarantied Obligations.

Financial Condition of Loan Parties. No Secured Party None of the Lender Group shall have any obligation, and the Guarantor waives any duty on the part of any Secured Partyof the Lender Group, to disclose or discuss with the Guarantor its assessment, or the Guarantor’s assessment, of the financial condition of the Co-Borrower or any other Loan Party or any matter or fact relating to the business, operations or condition of the Co-Borrower or any other Loan Party. The Guarantor has adequate means to obtain information from the Co-Borrower and each other Loan Party on a continuing basis concerning the financial condition of such Person and their respective and their respective abilities to perform their respective obligations under the Loan Documents and Related Credit Arrangements, and the Guarantor assumes the responsibility for being and keeping informed of the financial condition of the Co-Borrower and of all circumstances bearing upon the risk of nonpayment of the Guarantied Obligations.

Financial Condition of Loan Parties. No Secured Party None of the Lender Group shall have any obligation, and the each Guarantor waives any duty on the part of any Secured Partyof the Lender Group, to disclose or discuss with the such Guarantor its assessment, or the such Guarantor’s assessment, of the financial condition of the Co-either Borrower or any other Loan Party or any matter or fact relating to the business, operations or condition of the Co-either Borrower or any other Loan Party. The Each Guarantor has adequate means to obtain information from the Co-each Borrower and each other Loan Party on a continuing basis concerning the financial condition of such Person and their respective and their respective abilities to perform their respective obligations under the Loan Documents and Related Credit Arrangements, and the each Guarantor assumes the responsibility for being and keeping informed of the financial condition of the Co-each Borrower and each other Loan Party and of all circumstances bearing upon the risk of nonpayment of the Guarantied Obligations.