Common use of Financial Condition of the Company Clause in Contracts

Financial Condition of the Company. Any Secured Obligations may be incurred by Company or continued from time to time without notice to or authorization from any Subsidiary regardless of the financial or other condition of Company at the time of any such grant or continuation. The Obligee shall have no obligation to disclose or discuss with any Subsidiary its assessment, or any Subsidiary's assessment, of the finan- cial condition of Company. Each Subsidiary hxx xxequate means to obtain information from Company on a continuing basis con- cerning the financial condition of Company and its ability to perform its obligations under the Transaction Documents, and each Subsidiary assumes the responsibility for being and keep- ing informed of the financial condition of Company and of all circumstances bearing upon the risk of nonpayment of the Se- cured Obligations. Each Subsidiary hereby waives and relin- quishes any duty on the part of Obligee to disclose any matter, fact or thing relating to the business, operations or condi- tions of Company now known or hereafter known by lender.

Financial Condition of the Company. Any Secured Obligations may be incurred by Company or continued from time to time without notice to or authorization from any Subsidiary regardless of the financial or other condition of Company at the time of any such grant or continuation. The Obligee shall have no obligation to disclose or discuss with any Subsidiary its assessment, or any Subsidiary's assessment, of the finan- cial financial condition of Company. Each Subsidiary hxx xxequate has adequate means to obtain information from Company on a continuing basis con- cerning the financial condition of Company and its ability to perform its obligations under the Transaction Documents, and each Subsidiary assumes the responsibility for being and keep- ing keeping informed of the financial condition of Company and of all circumstances bearing upon the risk of nonpayment of the Se- cured Obligations. Each Subsidiary hereby waives and relin- quishes relinquishes any duty on the part of Obligee to disclose any matter, fact or thing relating to the business, operations or condi- tions conditions of Company now known or hereafter known by lender.