Common use of Non-Reliance on the Administrative Agent and Other Purchasers Clause in Contracts

Non-Reliance on the Administrative Agent and Other Purchasers. Each of the Conduit Investors, the Committed Note Purchasers and the Funding Agents expressly acknowledges that neither the Administrative Agent nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates has made any representations or warranties to it and that no act by the Administrative Agent hereafter taken, including any review of the affairs of the Issuer, shall be deemed to constitute any representation or warranty by the Administrative Agent. Each of the Conduit Investors, the Committed Note Purchasers and the Funding Agents represent and warrant to the Administrative Agent that they have and will, independently and without reliance upon the Administrative Agent and based on such documents and information as they have deemed appropriate, made their own appraisal of and investigation into the business, operations, property, prospects, financial and other conditions and creditworthiness of the Issuer and made its own decision to enter into this Agreement.

Appears in 5 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp)

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Non-Reliance on the Administrative Agent and Other Purchasers. Each of the Conduit InvestorsPurchasers, the Committed Note Purchasers and the Funding Agents expressly acknowledges acknowledge that neither the Administrative Agent nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates has made any representations or warranties to it and that no act by the Administrative Agent hereafter taken, including including, without limitation, any review of the affairs of the Issuertransaction parties, shall be deemed to constitute any representation or warranty by the Administrative Agent. Each of the Conduit InvestorsPurchasers, the Committed Note Purchasers and the Funding Agents represent and warrant to the Administrative Agent that they have and will, independently and without reliance upon the Administrative Agent and based on such documents and information as they have deemed appropriate, made their own appraisal of and investigation into the business, operations, property, prospects, financial and other conditions and creditworthiness of the Issuer and other transaction parties and made its own decision to enter into this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (OneMain Financial Holdings, Inc.)

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Non-Reliance on the Administrative Agent and Other Purchasers. Each of the Conduit Investors, the Committed Note Purchasers Lender Parties and the Funding Agents expressly acknowledges that neither the Administrative Agent nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates Affiliates has made any representations or warranties to it and that no act by the Administrative Agent hereafter taken, including including, without limitation, any review of the affairs of the IssuerIssuerCo-Issuers, shall be deemed to constitute any representation or warranty by the Administrative Agent. Each of the Conduit Investors, the Committed Note Purchasers Lender Parties and the Funding Agents represent represents and warrant warrants to the Administrative Agent that they have it has and will, independently and without reliance upon the Administrative Agent and based on such documents and information as they have it has deemed appropriate, made their its own appraisal of of, and investigation into into, the business, operations, property, prospects, financial and other conditions and creditworthiness of the Issuer IssuerCo-Issuers and made its own decision to enter into this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Driven Brands Holdings Inc.)

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