Information Concerning Financial Condition of the Borrower. The Subordinated Administrative Agent and the Senior Administrative Agent each hereby assume responsibility for keeping itself informed of the financial condition of the Borrower and each of the Guarantors and all other circumstances bearing upon the risk of nonpayment of the Senior Indebtedness or the Subordinated Obligations. The Subordinated Administrative Agent and the Senior Administrative Agent hereby agree that no party shall have any duty to advise any other party of information known to it regarding such condition or any such circumstances. In the event the Subordinated Administrative Agent or the Senior Administrative Agent, in its sole discretion, undertakes at any time or from time to time to provide any information to any other party to this Agreement, it shall be under no obligation (1) to provide any such information to such other party or any other party on any subsequent occasion, (2) to undertake any investigation not a part of its regular business routine, or (3) to disclose any other information.
Information Concerning Financial Condition of the Borrower. Each of the Subordinated Creditors assume responsibility for keeping itself informed of the financial condition of the Borrower and of all other circumstances bearing upon the risk of nonpayment of the Subordinated Debt or any part of the Subordinated Debt. Each of the Subordinated Creditors agree that no Senior Creditor has any duty to advise it of information known to such Senior Creditor regarding such condition or any such circumstance. In the event that a Senior Creditor in its sole discretion undertakes at any time or from time to time to provide any such information to the Subordinated Creditors, such Senior Creditor is under no obligation (a) to undertake any investigation, (b) to disclose any information which it wishes to maintain confidential, or (c) to make any other or future disclosures of such information or any other information to either of the Subordinated Creditors. 20.
Information Concerning Financial Condition of the Borrower. The Senior Lenders, on the one hand, and the Subordinated Lenders, on the other hand, shall each be responsible for keeping themselves informed of (a) the financial condition of the Borrower and its subsidiaries and all endorsers and/or guarantors of the Senior Obligations or the Subordinated Obligations and (b) all other circumstances bearing upon the risk of nonpayment of the Senior Obligations or the Subordinated Obligations. The Senior Lenders shall have no duty to advise any Subordinated Lender of information known to it or them regarding such condition or any such circumstances or otherwise.
Information Concerning Financial Condition of the Borrower. Each Secured Party shall each be responsible for keeping themselves informed of (a) the financial condition of the Borrower and (b) all other circumstances bearing upon the risk of nonpayment of the Secured Obligations. No Agent or Secured Party shall have any duty to advise any other Agent or Secured Party of information known to it or them regarding such condition or any such circumstances or otherwise. In the event that any Agent or Secured Party, in its or their sole discretion, undertakes at any time or from time to time to provide any such information to any other Agent or Secured Party, it or they shall be under no obligation:
Information Concerning Financial Condition of the Borrower. The Junior Party hereby assumes responsibility for keeping itself informed of the financial condition of Borrower and of all other circumstances bearing upon the risk of nonpayment of the Lender Debt that diligent inquiry would reveal, and the Junior Party hereby agrees that the Lender shall have no duty to advise the Junior Party of information known to the Lender regarding such condition or any such circumstances except as set forth below.
Information Concerning Financial Condition of the Borrower. Holdings and the Loan Parties. Neither the Second Priority Representative nor the First Priority Representative hereby assumes responsibility for keeping each other informed of the financial condition of the Borrower, of Holdings and of any of the Loan Parties and all other circumstances bearing upon the risk of nonpayment of the First Priority Obligations or the Second Priority Obligations. The Second Priority Representative and the First Priority Representative hereby agree that no party shall have any duty to advise any other party of information known to it regarding such condition or any such circumstances. In the event the Second Priority Representative or the First Priority Representative, in its sole discretion, undertakes at any time or from time to time to provide any information to any other party to this Agreement, it shall be under no obligation (a) to provide or update any such information to such other party or any other party on any subsequent occasion, (b) to undertake any investigation not a part of its regular business routine, or (c) to disclose any other information. Neither the First Priority Representative nor the Second Priority Representative shall have any responsibility to monitor or verify the financial condition of the Borrower, of Holdings or of any of the Loan Parties.
Information Concerning Financial Condition of the Borrower. The Creditor hereby assumes responsibility for keeping itself informed of the financial condition of the Borrower, any and all endorsers and any and all guarantors of the Obligations and Subordinated Claims and of all other circumstances bearing upon the risk of nonpayment of the Obligations and/or Subordinated Claims that diligent inquiry would reveal, and the Creditor hereby agrees that the Lender shall have no duty to advise the Creditor of information known to it regarding such condition or any such circumstances. In the event the Lender, in its sole discretion, undertakes, at any time or from time to time, to provide any such information to the Creditor, the Lender shall be under no obligation (i) to provide any such information to the Creditor on any subsequent occasion or (ii) to undertake any investigation and shall be under no obligation to disclose any information which the Lender wishes to maintain confidential. The Creditor hereby agrees that all payments received by the Lender may be applied, reversed, and reapplied, in whole or in part, to any of the Obligations, as the Lender, in its sole discretion, deems appropriate and assents to any extension or postponement of the time of payment of the Obligations or to any other indulgence with respect thereto, to any substitution, exchange or release of collateral which may at any time secure the Obligations and to the addition or release of any other party or person primarily or secondarily liable therefor.
Information Concerning Financial Condition of the Borrower. The Subordinated Obligee hereby assumes responsibility for keeping themselves informed of the financial condition of the Borrower, any and all endorsers and any and all guarantors of the Senior Obligations and of all other circumstances bearing upon the risk of nonpayment of the Senior Obligations and/or Subordinated Obligations that diligent inquiry would reveal, and the Subordinated Obligee hereby agree that the Senior Lender shall have no duty to advise the Subordinated Obligee of information known to it regarding such condition or any such circumstances. In the event the Senior Lender in its sole discretion, undertakes, at any time or from time to time, to provide any such information to the Subordinated Obligee, the Senior Lender shall be under no obligation (a) to provide any such information to the Subordinated Obligee on any subsequent occasion, or (b) to undertake any investigation not a part of the regular business routine of the Senior Lender and shall be under no obligation to disclose any information which, pursuant to accepted or reasonable commercial finance practices, the Senior Lender wishes to maintain confidential. The Subordinated Obligee hereby agree that all payments received by the Senior Lender may be applied, reversed, and reapplied, in whole or in part, to any of the Senior Obligations, as the Senior Lender, in its sole discretion, deems appropriate and the Subordinated Obligee assent to any extension or postponement of the time of payment of the Senior Obligations or to any other indulgence with respect thereto, to any substitution, exchange or release of collateral which may at any time secure the Senior Obligations and to the addition or release of any other party or person primarily or secondarily liable therefor.
Information Concerning Financial Condition of the Borrower. The First Lien Agent and the First Lien Claimholders, on the one hand, and the Second Lien Claimholders and the Second Lien Agent, on the other hand, shall each be responsible for keeping themselves informed of (a) the financial condition of the Borrower and all endorsers and/or guarantors of the First Lien Obligations or the Second Lien Obligations and (b) all other circumstances bearing upon the risk of nonpayment of the First Lien Obligations or the Second Lien Obligations. The First Lien Agent and the First Lien Claimholders shall have no duty to advise the Second Lien Agent or any Second Lien Claimholder of information known to it or them regarding such condition or any such circumstances or otherwise, and the Second Lien Agent and the Second Lien Claimholders shall have no duty to advise the First Lien Agent or any First Lien Claimholder of information known to it or them regarding such condition or any such circumstance or otherwise. In the event the First Lien Agent or any of the First Lien Claimholders, in its or their sole discretion, undertakes at any time or from time to time to provide any such information to the Second Lien Agent or any Second Lien Claimholder, it or they shall be under no obligation:
Information Concerning Financial Condition of the Borrower. The Executive hereby assumes responsibility for keeping himself informed of the financial condition of the Borrower, any and all endorsers and any and all guarantors of the Liabilities and of all other circumstances bearing upon the risk of nonpayment of the Liabilities and/or the Indebtedness that diligent inquiry would reveal, and the Executive hereby agrees that the Lender shall have no duty to advise the Executive of information known to the Lender regarding such condition or any such circumstances. In the event the Lender, in its sole discretion, undertake at any time or from time to time, to provide any such information to the Executive, the Lender shall be under no obligation to undertake any investigation not a part of its regular business routine and shall be under no obligation to disclose any information which, pursuant to accepted or reasonable commercial finance practice, the Lender wishes to maintain confidential. The Executive hereby assents to any extension or postponement of the time of payment of the Liabilities or to any other indulgence with respect thereto, to any substitution, exchange or release of collateral which may at any time secure the Liabilities and/or to the addition or release of any other party or person primarily or secondarily liable therefor.
