Independent Decision. The Borrower understands that consideration of any Request for Extension constitutes an independent credit decision which each Lender retains the absolute and unfettered discretion to make and that no commitment in this regard is hereby given by any Lender.
Appears in 6 contracts
Samples: Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp)
Independent Decision. The Borrower understands that consideration of any Request for Extension constitutes an independent credit decision which each Requested Lender retains the absolute and unfettered discretion to make and that no commitment in this regard is hereby given by any LenderRequested Lender and that any extension of the Subject Maturity Date may be on such terms and conditions in addition to those set out herein as the Lenders may stipulate.
Appears in 2 contracts
Samples: Credit Agreement (PRECISION DRILLING Corp), Credit Agreement (Precision Diversified Oilfield Services Corp.)
Independent Decision. The Borrower understands Borrowers understand that consideration of any Request for Extension constitutes an independent credit decision which each Lender retains the absolute and unfettered discretion to make make, and that no commitment in this regard is hereby given by any Lender.
Appears in 1 contract
Samples: Credit Agreement
Independent Decision. The Borrower understands Borrowers understand that consideration of any Request for an Offer of Extension constitutes an independent credit decision which each Lender retains the absolute and unfettered discretion to make make, and that no commitment in this regard is hereby given by any Lender.
Appears in 1 contract
Samples: Assignment and Assumption (Canetic Resources Trust)
