Common use of Liability of Lenders Clause in Contracts

Liability of Lenders. Each Lender acknowledges that it has been and will continue to be solely responsible for making its own independent appraisal and investigation of the financial condition of the Borrowers and any other Credit Party, and for the assessment of the risks arising from the Facility. No Lender may rely on any Agent in this regard nor will any Agent be responsible for ensuring the validity or enforceability of any Credit Document.

Liability of Lenders. Each Lender acknowledges that it has been and will continue to be solely responsible for making its own independent appraisal and investigation of the financial condition of the Borrowers and any other Credit Party, and for the assessment of the risks arising from the Facility. No Lender may rely on any the Agent in this regard nor will any the Agent be responsible for ensuring the validity or enforceability of any Credit Document.

Liability of Lenders. Each Lender acknowledges that it has been and will continue to be solely responsible for making its own independent appraisal and investigation of the financial condition of the Borrowers and any other Credit Party, and for the assessment of the risks arising from the FacilityFacilities. No Lender may rely on any the Agent in this regard nor will any the Agent be responsible for ensuring the validity or enforceability of any Credit Document.

Liability of Lenders. Each Lender acknowledges that it has been and will continue to be solely responsible for making its own independent appraisal and investigation of the financial condition of the Borrowers and any other Credit Party, and for the assessment of the risks arising from the FacilityFacilities. No Lender may rely on any Agent in this regard nor will any Agent be responsible for ensuring the validity or enforceability of any Credit Document.

Liability of Lenders. Each Lender acknowledges that it has been and will continue to be solely responsible for making its own independent appraisal and investigation of the financial condition of the Borrowers and any the other Credit Party, Abitibi Entities and of the value of their assets (including the value of the Charged Mxxxx) and for the assessment of the risks arising from the FacilityFacilities. No Lender may rely on any the Agent in this regard nor will any the Agent be responsible for ensuring the validity or enforceability of any Credit Document.

Liability of Lenders. Each Lender acknowledges that it has been and will continue to be solely responsible for making its own independent appraisal and investigation of the financial condition of the Borrowers Borrower and any other Credit Party, and for the assessment of the risks arising from the FacilityLoan. No Lender may rely on any the Agent in this regard nor will any the Agent be responsible for ensuring the validity or enforceability of any Credit Document.

Liability of Lenders. Each Lender acknowledges that it has been and will continue to be solely responsible for making its own independent appraisal and investigation of the financial condition of the Borrowers and any other Credit Party, and for the assessment of the risks arising from the FacilityFacilities. No Lender may rely on any the Agent or the Co-Agent in this regard nor will any the Agent or the Co-Agent be responsible for ensuring the validity or enforceability of any Credit Document.