Common use of Independent Credit Investigations Clause in Contracts

Independent Credit Investigations. Neither Statoil, the Revolving Agent, the Revolving Lenders, the Term Loan Agent nor the Term Loan Lenders nor any of their respective directors, officers, agents or employees shall be responsible to the other or to any other person, firm, corporation or entity for the solvency, financial condition or ability of any Borrower or any other Loan Party to repay or otherwise honor the Statoil Claims, the Revolving Lenders Claims or the Term Loan Lenders Claims, or for the worth of the Statoil Assets and Collateral, the Revolving Lenders Collateral or the Term Loan Lenders Collateral, or for statements of any Borrower or any other Loan Party, oral or written, or for the validity, sufficiency, existence or enforceability of the Statoil Claims, the Revolving Lenders Claims, the Term Loan Lenders Claims, the Oil Supply Agreements, the Revolving Credit Agreement, the other Revolving Loan Documents, the Term Loan Credit Agreement, the other Term Loan Loan Documents, Statoil’s interest in the Statoil Assets and Collateral, the Revolving Agent’s and Revolving Lenders’ interest in the Revolving Lenders Collateral or the Term Loan Agent’s or Term Loan Lenders’ interest in the Term Loan Lenders Collateral. The Revolving Lenders, the Revolving Agent, the Term Loan Lenders, the Term Loan Agent and Statoil have entered into their respective agreements with the Borrowers and the other applicable Loan Parties based upon their own independent investigations. None of the Revolving Lenders, the Revolving Agent, the Term Loan Lenders, the Term Loan Agent or Statoil makes any warranty or representation to any other party hereto nor does it rely upon any representation of any other party hereto with respect to matters identified or referred to in this Section 2.8.

Independent Credit Investigations. Neither Statoil, the Revolving Agent, the Revolving Lenders, the Term Loan Agent nor the Term Loan Lenders nor any of their respective directors, officers, agents or employees shall be responsible to the other or to any other person, firm, corporation or entity for the solvency, financial condition or ability of any Borrower or any other Loan Party to repay or otherwise honor the Statoil Claims, the Revolving Lenders Claims or the Term Loan Lenders Claims, or for the worth of the Statoil Assets and Collateral, the Revolving Lenders Collateral or the Term Loan Lenders Collateral, or for statements of any Borrower or any other Loan Party, oral or written, or for the validity, sufficiency, existence or enforceability of the Statoil Claims, the Revolving Lenders Claims, the Term Loan Lenders Claims, the Paulsboro Oil Supply AgreementsAgreement, the Revolving Credit Agreement, the other Revolving Loan Documents, the Term Loan Credit Agreement, the other Term Loan Loan Documents, Statoil’s interest in the Statoil Assets and Collateral, the Revolving Agent’s and Revolving Lenders’ interest in the Revolving Lenders Collateral or the Term Loan Agent’s or Term Loan Lenders’ interest in the Term Loan Lenders Collateral. The Revolving Lenders, the Revolving Agent, the Term Loan Lenders, the Term Loan Agent and Statoil have entered into their respective agreements with the Borrowers and the other applicable Loan Parties based upon their own independent investigations. None of the Revolving Lenders, the Revolving Agent, the Term Loan Lenders, the Term Loan Agent or Statoil makes any warranty or representation to any other party hereto nor does it rely upon any representation of any other party hereto with respect to matters identified or referred to in this Section 2.8.

Independent Credit Investigations. Neither Statoilthe Trustee, the Revolving --------------------------------- Securitization Company Agent, or the Liquidity Agent, the Revolving LendersLiquidity Providers, the Term Loan Credit Lenders' Agent nor the Term Loan Credit Lenders nor any of their affiliates, nor their nor their affiliates' respective directors, officers, agents or employees shall be responsible to the other or to any other person, firm, firm or corporation or entity for the solvency, financial condition or ability of any Borrower the Originator, the Receivables Seller or any other Loan Party the Credit Borrowers, as applicable, to repay or otherwise honor the Statoil Claims, the Revolving Lenders Purchaser Claims or the Term Loan Lenders Credit Claims, or for the worth of the Statoil Assets and Collateral, the Revolving Lenders Collateral Purchased Property or the Term Loan Lenders Credit Collateral, or for statements of any Borrower of the Originator, the Receivables Seller or any other Loan Partythe Credit Borrowers, oral or written, or for the validity, sufficiency, existence sufficiency or enforceability of the Statoil Purchaser Claims, the Revolving Lenders Credit Claims, the Term Loan Lenders ClaimsPurchaser Documents, the Oil Supply Agreements, the Revolving Credit Agreement, the other Revolving Loan Documents, the Term Loan Credit AgreementTrustee's, the other Term Loan Loan DocumentsSecuritization Company's, Statoil’s the Liquidity Agent's, the Liquidity Provider's and the Receivable Purchaser's interest in the Statoil Assets and Collateral, Purchased Property or the Revolving Agent’s and Revolving Credit Lenders’ ' interest in the Revolving Lenders Collateral or the Term Loan Agent’s or Term Loan Lenders’ interest in the Term Loan Lenders Credit Collateral. The Revolving Lenders, Credit Lenders and the Revolving Agent, the Term Loan Lenders, the Term Loan Agent and Statoil Receivables Purchaser have entered into their respective agreements with the Borrowers Credit Borrowers, the Receivables Seller and the other applicable Loan Parties Servicer as applicable, based upon their own independent investigations. None of the Revolving Credit Lenders, the Revolving Credit Lenders' Agent, the Term Loan LendersTrustee, the Term Loan Agent Securitization Company Agent, the Liquidity Agent, the Liquidity Providers or Statoil the Receivables Purchaser makes any warranty or representation to any the other party hereto nor does it rely upon any representation of any the other party hereto parties with respect to matters identified or referred to in this Section 2.82.10.