Common use of Non-Reliance on Assignor Clause in Contracts

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition or statements of the Borrower, or the validity and enforceability of the Borrower's obligations under the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower.

Appears in 6 contracts

Samples: Credit Agreement (Iomega Corp), Agreement (Iomega Corp), Agreement (Trigon Healthcare Inc)

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Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition or statements of the Borrower, Borrower or the validity and enforceability of the Borrower's obligations under of the Credit Agreement or Borrower in respect of any NoteFinancing Document. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower.

Appears in 6 contracts

Samples: Credit Agreement (Tenet Healthcare Corp), Day Credit Agreement (Tenet Healthcare Corp), Credit Agreement (Tenet Healthcare Corp)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition condition, or statements of the Borrower, . or the validity and enforceability of the Borrower's ’s obligations under the Credit Agreement Agreement, any note issued thereunder or any NoteLoan Document. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower.

Appears in 6 contracts

Samples: Credit Agreement (National Interstate CORP), Credit Agreement (State Auto Financial Corp), Credit Agreement (Radian Group Inc)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition condition, or statements of the Borrower, or the validity and enforceability of the Borrower's obligations under of the Borrower in respect of the Credit Agreement or any NoteNote or Letter of Credit. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower.

Appears in 5 contracts

Samples: Credit Agreement (Galileo International Inc), Credit Agreement (K N Energy Inc), Credit Agreement (Galileo International Inc)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition condition, or statements of the Borrower, Loan Parties or the validity and enforceability of the Borrower's Loan Parties’ obligations under the Credit Agreement Agreement, any note issued thereunder or any NoteLoan Document. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the BorrowerLoan Parties.

Appears in 4 contracts

Samples: Credit Agreement (James River Group Holdings, Ltd.), Credit Agreement (James River Group Holdings, Ltd.), Credit Agreement (James River Group Holdings, Ltd.)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition condition, or statements of the Borrower, Borrower or the validity and enforceability of the Borrower's ’s obligations under the Credit Agreement Agreement, any note issued thereunder or any NoteLoan Document. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Radian Group Inc), Pledge and Security Agreement (State Auto Financial CORP)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition condition, or statements of the Borrower, or the validity and enforceability of the Borrower's ’s obligations under the Credit Agreement Agreement, any note issued thereunder or any NoteLoan Document. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (United States Steel Corp)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition condition, or statements of the Borrower, or the validity and enforceability of the Borrower's obligations under the Credit Loan Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Ultramar Diamond Shamrock Corp)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, solvency or financial condition or statements of the Borrower, Borrowers or the validity and enforceability of the Borrower's obligations of the Borrowers under the Credit Agreement or any NoteAgreement. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the BorrowerBorrowers.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mid America Apartment Communities Inc)

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Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition condition, or statements of the Borrower, or the validity and enforceability of the Borrower's obligations under the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Ultramar Diamond Shamrock Corp)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition condition, or statements of the Borrower, or the validity and enforceability of the Borrower's obligations under of Borrower in respect of the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower.

Appears in 1 contract

Samples: Assignment Agreement (Shoe Carnival Inc)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition condition, or statements of the Borrower, or the validity and enforceability of the Borrower's obligations under of the Credit Agreement or Borrower in respect of any NoteLoan Document. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Norfolk Southern Corp)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition or statements of the Borrower, Borrower or the validity and enforceability of the Borrower's obligations under of the Borrower in respect of the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Martin Marietta Materials Inc)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition condition, or statements of the Borrower, . or the validity and enforceability of the Borrower's obligations under the Credit Agreement Agreement, any note issued thereunder or any NoteLoan Document. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (United Fire & Casualty Co)

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