Common use of Independent Analysis Clause in Contracts

Independent Analysis. The Junior Agent, on behalf of each Junior Secured Party, acknowledges that it and each Junior Secured Party has, independently and without reliance on the Senior Agent or any Senior Secured Party, and based on documents and information deemed by it appropriate, made its own credit analysis and decision to enter into this Agreement, the Junior Documents, and the transactions contemplated hereby and thereby and agrees that it will continue to make its own credit decision in taking or not taking any action under the Junior Documents or this Agreement.

Appears in 6 contracts

Samples: Pledge and Security Agreement (Collective Brands, Inc.), Intercreditor and Collateral Agency Agreement (Warnaco Group Inc /De/), Intercreditor and Collateral Agency Agreement (Revlon Consumer Products Corp)

AutoNDA by SimpleDocs

Independent Analysis. The Junior Agent, on behalf of each Junior Secured PartyParty (other than the Junior Agent), acknowledges that it and each Junior Secured Party (other than the Junior Agent) has, independently and without reliance on the Senior Agent or any Senior Secured Party, and based on documents and information deemed by it appropriate, made its own credit analysis and decision to enter into this Agreement, the Junior Documents, and the transactions contemplated hereby and thereby and agrees that it will continue to make its own credit decision in taking or not taking any action under the Junior Documents or this Agreement.

Appears in 2 contracts

Samples: Collateral Agency Agreement (Revlon Consumer Products Corp), Intercreditor and Collateral Agency Agreement (Revlon Consumer Products Corp)

AutoNDA by SimpleDocs

Independent Analysis. The Each Junior Agent, on behalf of each Junior Secured Party, acknowledges that it and each Junior Secured Party has, independently and without reliance on the any Senior Agent or any Senior Secured Party, and based on documents and information deemed by it appropriate, made its own credit analysis and decision to enter into this Agreement, the Junior Documents, and the transactions contemplated hereby and thereby and agrees that it will continue to make its own credit decision in taking or not taking any action under the Junior Documents or this Agreement.

Appears in 1 contract

Samples: Intercreditor Agreement (Goodman Sales CO)

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