Common use of Credit Decisions Clause in Contracts

Credit Decisions. Each Lender Party acknowledges that it has, independently and without reliance upon any other Lender Party, made its own analysis of Borrower and the transactions contemplated hereby and its own independent decision to enter into this Agreement and the other Loan Documents. Each Lender Party also acknowledges that it will, independently and without reliance upon any other Lender Party and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents.

Appears in 32 contracts

Samples: Credit Agreement (Comfort Systems Usa Inc), Credit Agreement (Comfort Systems Usa Inc), Credit Agreement (W&t Offshore Inc)

AutoNDA by SimpleDocs

Credit Decisions. Each Lender Bank Party acknowledges that it has, independently and without reliance upon any other Lender Bank Party, made its own analysis of Borrower and the transactions contemplated hereby and its own independent decision to enter into this Agreement and the other Loan Documents. Each Lender Bank Party also acknowledges that it will, independently and without reliance upon any other Lender Bank Party and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents.

Appears in 9 contracts

Samples: Assignment and Assumption Agreement (Parker Drilling Co /De/), Credit Agreement (STB Systems Inc), Credit Agreement (United States Exploration Inc)

Credit Decisions. Each Lender Party acknowledges that it ---------------- has, independently and without reliance upon any other Lender Party, made its own analysis of Borrower and the transactions contemplated hereby and its own independent decision to enter into this Agreement and the other Loan Documents. Each Lender Party also acknowledges that it will, independently and without reliance upon any other Lender Party and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents.

Appears in 4 contracts

Samples: Credit Agreement (Inland Resources Inc), Credit Agreement (Plains All American Pipeline Lp), Credit Agreement (Plains All American Pipeline Lp)

Credit Decisions. Each Lender Party acknowledges that it has, independently and without reliance upon any other Lender Party, made its own analysis of Borrower the Borrowers and the transactions contemplated hereby and its own independent decision to enter into this Agreement and the other Loan Credit Documents. Each Lender Party also acknowledges that it will, independently and without reliance upon any other Lender Party and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Credit Documents.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Eott Energy Partners Lp), Term Loan Agreement (Eott Energy LLC), Schedules and Exhibits (Eott Energy Partners Lp)

Credit Decisions. Each Lender Bank Party acknowledges that it has, independently and without reliance upon any other Lender Bank Party, made its own analysis of Borrower and the transactions contemplated hereby and its own independent decision to enter into this Loan Agreement and the other Loan Documents. Each Lender Bank Party also acknowledges that it will, independently and without reliance upon any other Lender Bank Party and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (Capital Senior Living Corp)

Credit Decisions. Each Lender Party acknowledges that it has, independently and without reliance upon any other Lender Party, made its own analysis of US Borrower, Term Borrower, and Canadian Revolver Borrower and the transactions contemplated hereby and its own independent decision to enter into this Agreement and the other Loan Documents. Each Lender Party also acknowledges that it will, independently and without reliance upon any other Lender Party and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Plains All American Pipeline Lp)

Credit Decisions. Each Lender Party acknowledges that it has, independently and without reliance upon any other Lender Party, made its own analysis of Borrower the Credit Parties and the transactions contemplated hereby and its own independent decision to enter into this Agreement and the other Loan Documents. Each Lender Party also acknowledges that it will, independently and without reliance upon any other Lender Party and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (NiMin Energy Corp.)

AutoNDA by SimpleDocs

Credit Decisions. Each Lender Party acknowledges that it ---------------- has, independently and without reliance upon any other Lender Party, made its own analysis of US Borrower, Term Borrower, and Canadian Revolver Borrower and the transactions contemplated hereby and its own independent decision to enter into this Agreement and the other Loan Documents. Each Lender Party also acknowledges that it will, independently and without reliance upon any other Lender Party and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Plains All American Pipeline Lp)

Credit Decisions. Each Lender Party acknowledges that it has, independently and without reliance upon any other Lender Party, made its own analysis of US Borrower, Canadian Borrower, and Canadian Working Capital Borrower and the transactions contemplated hereby and its own independent decision to enter into this Agreement and the other Loan Documents. Each Lender Party also acknowledges that it will, independently and without reliance upon any other Lender Party and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Plains All American Pipeline Lp)

Credit Decisions. Each Lender Party acknowledges that it has, independently and without reliance upon any other Lender Party, made its own analysis of Borrower and the transactions contemplated hereby and its own independent decision to enter into this Agreement and the other Loan Credit Documents. Each Lender Party also acknowledges that it will, independently and without reliance upon any other Lender Party and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Credit Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Eott Energy Partners Lp)

Credit Decisions. Each Lender Party acknowledges that it has, independently and without reliance upon any other Lender Party, made its own analysis of Borrower and the transactions contemplated hereby and its own independent decision to enter into this Agreement and the other Loan Documents. Each Lender Party also acknowledges that it will, independently and without reliance upon any other Lender Party and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents.such

Appears in 1 contract

Samples: Credit Agreement (Energy Corp of America)

Time is Money Join Law Insider Premium to draft better contracts faster.