Common use of Lender Responsibility Clause in Contracts

Lender Responsibility. Nothing in this Agreement shall require any Agent or any Arranger to carry out any “know your customer” or other checks in relation to any person on behalf of any Lender and each Lender confirms to each Agent and each Arranger that it is solely responsible for any such checks it is required to carry out and that it may not rely on any statement in relation to such checks made by any Agent or any Arranger.

Appears in 7 contracts

Samples: Global Senior Credit Agreement (Prologis, L.P.), Global Senior Credit Agreement (Prologis, L.P.), Global Senior Credit Agreement (Prologis, L.P.)

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Lender Responsibility. Nothing in this Agreement shall require any Administrative Agent or any Arranger to carry out any “know your customer” or other checks in relation to any person Person on behalf of any Lender Lender, and each Lender confirms to each Administrative Agent and each Arranger that it is solely responsible for any such checks it is required to carry out and that it may not rely on any statement in relation to such checks made by any Administrative Agent or any Arranger.

Appears in 3 contracts

Samples: Senior Term Loan Agreement (Prologis, L.P.), Senior Term Loan Agreement (Prologis, L.P.), Senior Term Loan Agreement (Prologis, L.P.)

Lender Responsibility. Nothing in this Agreement shall require any Administrative Agent or any Arranger to carry out any “know your customer” or other checks in relation to any person Person on behalf of any Lender Lender, and each Lender confirms to each Administrative Agent and each Arranger that it is solely responsible for any such checks it is required to carry out and that it may not rely on any statement in relation to such checks made by any Administrative Agent or any Arranger.

Appears in 1 contract

Samples: Senior Term Loan Agreement (Prologis, L.P.)

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Lender Responsibility. Nothing in this Agreement shall require any Administrative Agent or any Arranger to carry out any “know your customer” or other checks in relation to any person on behalf of any Lender and each Lender confirms to each Administrative Agent and each Arranger that it is solely responsible for any such checks it is required to carry out and that it may not rely on any statement in relation to such checks made by any Administrative Agent or any Arranger.

Appears in 1 contract

Samples: Senior Bridge Loan Agreement (Prologis)

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