Common use of Information Relating to Borrowers Clause in Contracts

Information Relating to Borrowers. Each Guarantor acknowledges and agrees that it shall have the sole responsibility for obtaining from the Borrowers such information concerning the Borrowers, financial condition or business operations as such Guarantor may require, and that neither the Administrative Agent nor any Lender has any duty at any time to disclose to the Guarantors any information relating to the business operations or financial condition of the Borrowers.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Anixter International Inc), Revolving Credit Agreement (Anixter International Inc), Revolving Credit Agreement (Anixter International Inc)

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Information Relating to Borrowers. Each Guarantor acknowledges and agrees that it shall have the sole responsibility for for, and has adequate means of, obtaining from the Borrowers such information concerning the Borrowers, ' financial condition or business operations as such Guarantor may require, and that neither the Administrative Agent nor any Lender Bank has any duty no duty, and Guarantor is not relying on Bank, at any time to disclose to the Guarantors Guarantor any information relating to the business operations or financial condition of the Borrowers.

Appears in 1 contract

Samples: Loan Agreement (Innovative Food Holdings Inc)

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Information Relating to Borrowers. Each Guarantor acknowledges and agrees that it shall have the sole responsibility for for, and has adequate means of, obtaining from the Borrowers such information concerning the Borrowers, ' financial condition or business operations as such Guarantor may require, and that neither the Administrative Agent nor any Lender has any duty no duty, and Guarantor is not relying on Lender, at any time to disclose to the Guarantors Guarantor any information relating to the business operations or financial condition of the Borrowers.

Appears in 1 contract

Samples: Sysorex Global Holdings Corp.

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