No Duty to Advise. Each of the Guarantors assumes all responsibility for being and keeping itself informed of the Borrower’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes and incurs under this Guaranty, and agrees that neither the Agent nor any Lender has any duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.
Appears in 5 contracts
Samples: Credit Agreement (Ryland Group Inc), Credit Agreement (Beazer Homes Usa Inc), Credit Agreement (Ryland Group Inc)
No Duty to Advise. Each of the Guarantors The Guarantor assumes all responsibility for being and keeping itself informed of the each Borrower’s 's and other guarantor's financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors Guarantor assumes and incurs under this Guaranty, and agrees that neither the Agent nor any Lender Bank has any duty to advise any of the Guarantors Guarantor of information known to it regarding those circumstances or risks.
Appears in 4 contracts
Samples: Guaranty Agreement (Asset Acceptance Capital Corp), Guaranty Agreement (Asset Acceptance Capital Corp), Guaranty Agreement (Asset Acceptance Capital Corp)
No Duty to Advise. Each of the Guarantors assumes all responsibility for being and keeping itself informed of the Borrowereach other Guarantor’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes and incurs under this Guaranty, and agrees that neither the Administrative Agent nor any Lender Secured Party has any duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.
Appears in 4 contracts
Samples: Credit Agreement (Unit Corp), Credit Agreement (Unit Corp), Credit Agreement (Unit Corp)
No Duty to Advise. Each of the Guarantors The Guarantor assumes all responsibility for being and keeping itself informed of the Borrower’s each Debtor's financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors Guarantor assumes and incurs under this Guaranty, and agrees that neither the Administrative Agent nor any Lender has any duty to advise any of the Guarantors Guarantor of information known to it regarding those circumstances or risks.
Appears in 3 contracts
Samples: Credit Agreement (Spartan Motors Inc), Credit Agreement (Spartan Motors Inc), Credit Agreement (Spartan Motors Inc)
No Duty to Advise. Each of the Guarantors assumes all responsibility for being and keeping itself informed of the BorrowerPrincipal’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes and incurs under this Guaranty, and agrees that neither the Agent nor any Lender has any duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.
Appears in 2 contracts
Samples: Credit Agreement (Ladish Co Inc), Credit Agreement (Papa Johns International Inc)
No Duty to Advise. Each of the Guarantors assumes all responsibility for being and keeping itself informed of the BorrowerPrincipal’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes and incurs under this Guaranty, and agrees that neither the Administrative Agent nor any Lender has any duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.
Appears in 2 contracts
Samples: Credit Agreement (Lennar Corp /New/), Credit Agreement (Lennar Corp /New/)
No Duty to Advise. Each of the Guarantors Guarantor assumes all responsibility for being and keeping itself informed of the Borrower’s financial condition and assets, assets of the Buyer and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes assume and incurs incur under this Guaranty, and agrees agree that neither the Agent nor any Lender has Sellers do not have any duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.
Appears in 2 contracts
Samples: Form of Guaranty (Oglebay Norton Co /Ohio/), Interest Purchase Agreement (Oglebay Norton Co /Ohio/)
No Duty to Advise. Each of the Guarantors assumes all responsibility for being and keeping itself informed of the Borrower’s Borrowers’ financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations or other Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes and incurs under this Guaranty, and agrees that neither the Administrative Agent nor any Lender has any duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.
Appears in 2 contracts
Samples: Parent Company Guaranty (LNR Property Corp), Parent Company Guaranty (Lennar Corp /New/)
No Duty to Advise. Each of the Guarantors The Guarantor assumes all responsibility for being and keeping itself informed of the Borrower’s Principal's financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors Guarantor assumes and incurs under this Guaranty, and agrees that neither the Agent nor any Lender has any duty to advise any of the Guarantors Guarantor of information known to it regarding those circumstances or risks.
Appears in 2 contracts
Samples: Credit Agreement (Parallel Petroleum Corp), Credit Agreement (Parallel Petroleum Corp)
No Duty to Advise. Each of the Guarantors The Guarantor assumes all responsibility for being and keeping itself informed of the Borrower’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors Guarantor assumes and incurs under this Guaranty, and agrees that neither the Agent nor any Lender has does not have any duty to advise any of the Guarantors Guarantor of information known to it regarding those circumstances or risks.
Appears in 2 contracts
Samples: Revolving Loan Agreement (Acacia Diversified Holdings, Inc.), Asset Purchase Agreement (Acacia Automotive Inc)
No Duty to Advise. Each of the Loan Guarantors assumes all responsibility for being and keeping itself informed of the Borrowereach Debtor’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Secured Obligations and the nature, scope and extent of the risks that each of the Loan Guarantors assumes and incurs under this Guaranty, and agrees that neither the Administrative Agent nor any Lender has any duty to advise any of the Loan Guarantors of information known to it regarding those circumstances or risks.
Appears in 1 contract
Samples: Loan Guaranty (Techteam Global Inc)
No Duty to Advise. Each of the Guarantors The Guarantor assumes all responsibility for being and keeping itself informed of the Borrower’s 's financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors Guarantor assumes and incurs under this Guaranty, and agrees that neither the Agent nor any Lender Bank has any no duty to advise any of the Guarantors Guarantor of information known to it regarding those circumstances or risks.
Appears in 1 contract
No Duty to Advise. Each of the Guarantors The Guarantor assumes all responsibility for being and keeping itself informed of the Borrower’s 's financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors Guarantor assumes and incurs under this Guaranty, and agrees that neither the Agent nor any Lender has any duty to advise any of the Guarantors Guarantor of information known to it regarding those circumstances or risks.
Appears in 1 contract
Samples: Guaranty (Petroquest Energy Inc)
No Duty to Advise. Each of the Guarantors assumes all responsibility for being and keeping itself informed of the each Borrower’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes and incurs under this Guaranty, and agrees that neither the Administrative Agent nor any Lender has any duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.
Appears in 1 contract
Samples: Assignment Agreement (Clayton Williams Energy Inc /De)
No Duty to Advise. Each of the Guarantors The Guarantor assumes all responsibility for being and keeping itself informed of the Additional Borrower’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors Guarantor assumes and incurs under this Guaranty, and agrees that neither the Agent nor any Lender has does not have any duty to advise any of the Guarantors Guarantor of information known to it regarding those circumstances or risks.
Appears in 1 contract
No Duty to Advise. Each of the Guarantors Guarantor assumes all responsibility for being and keeping itself informed of the Borrower’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Secured Obligations and the nature, scope and extent of the risks that the each of the Guarantors Guarantor assumes and incurs under this GuarantyAgreement, and agrees that neither the Administrative Agent nor any Lender has any duty to advise the any of the Guarantors guarantor of information known to it regarding those circumstances or risks.
Appears in 1 contract
Samples: Guaranty and Collateral Agreement (Superior Energy Services Inc)
No Duty to Advise. Each of the Guarantors assumes all responsibility for being and keeping itself informed of the Borrower’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes and incurs under this Guaranty, and agrees that neither the Administrative Agent nor any Lender has any duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.
Appears in 1 contract
No Duty to Advise. Each of the Guarantors assumes all responsibility for being and keeping itself informed of the Borrower’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes and incurs under this Guaranty, and agrees that neither the Agent nor any Lender or any Issuer has any duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.
Appears in 1 contract
No Duty to Advise. Each of the Guarantors Guarantor assumes all responsibility for being and keeping itself informed of the Borrower’s 's financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors Guarantor assumes and incurs under this Guaranty, and agrees that neither the Agent nor any Lender has any duty to advise any of the Guarantors Guarantor of information known to it regarding those circumstances or risks.
Appears in 1 contract
No Duty to Advise. Each of the Guarantors assumes all responsibility for being and keeping itself informed of the BorrowerPrincipal’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes and incurs under this Guaranty, and agrees that neither the Administrative Agent, the Documentation Agent, the Syndication Agent nor any Lender has any duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.
Appears in 1 contract
Samples: Guaranty (SCP Pool Corp)
No Duty to Advise. Each of the Guarantors assumes all responsibility for being and keeping itself informed of the Borrowereach other Guarantor’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes and incurs under this Guaranty, and agrees that neither the Administrative Agent nor any Lender Secured Party has any duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.. 115
Appears in 1 contract
Samples: Credit Agreement (Unit Corp)
No Duty to Advise. Each of the Guarantors assumes all responsibility for being and keeping itself informed of the each Borrower’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes and incurs under this Guaranty, and agrees that neither the Agent nor any Lender has any duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.
Appears in 1 contract
Samples: Midas Inc
No Duty to Advise. Each of the Guarantors assumes all responsibility for being and keeping itself informed of the Borrower’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes and incurs under this GuarantyArticle VIII, and agrees that neither the Agent nor any Lender has any no duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.
Appears in 1 contract
No Duty to Advise. Each of the Guarantors assumes all responsibility for being and keeping itself informed of the Borrower’s financial condition and assets, and of all other #PageNum##PageNum# LA2840486.16 circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each of the Guarantors assumes and incurs under this Guaranty, and agrees that neither the Agent nor any Lender or any Issuer has any duty to advise any of the Guarantors of information known to it regarding those circumstances or risks.
Appears in 1 contract
