Common use of Non-Reliance on Assignor Clause in Contracts

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility -------- 3 Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. with respect to, the solvency, financial condition, or statements of the Company or the Borrower, or the validity and enforceability of the obligations of the Company or the Borrower in respect of the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Company and the Borrower.

Appears in 4 contracts

Samples: Credit Agreement (Us West Inc), Credit Agreement (Usw-C Inc), Credit Agreement (Us West Inc)

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Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility -------- 3 with respect to, the solvency, financial condition, * Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. with respect to, the solvency, financial condition, 106 or statements of the Company or the Borrower, or the validity and enforceability of the obligations of the Company or the Borrower in respect of the Revolving Credit Agreement Agreement, any Note or any Noteother Transaction Document. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Company and the Borrower.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Cpi Corp), Revolving Credit Agreement (Cpi Corp)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility -------- 3 ------------------------------- *Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. with respect to, the solvency, financial condition, or statements of the Company or the any Borrower, or the validity and enforceability of the obligations of the Company or the any Borrower in respect of the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Company and the Borrower.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Duke Energy Corp)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility -------- with respect to, the solvency, financial condition, or statements of the Company or the Borrower, or the validity and enforceability of the obligations of the Company 3 Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. with respect to, the solvency, financial condition, or statements of the Company or the Borrower, or the validity and enforceability of the obligations of the Company or the Borrower in respect of the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Company and the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Us West Inc)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility -------- 3 Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. with respect to, the solvency, financial condition, or statements of the Company or the Borrowerany Obligor, or the validity and enforceability of the obligations of the Company or the Borrower any Obligor in respect of the Credit Agreement or any NoteNote or any other Loan Document. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Company Obligors. ------------------ /1/ Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the BorrowerAssignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum.

Appears in 1 contract

Samples: Credit Agreement (Metro-Goldwyn-Mayer Inc)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility -------- 3 with respect to, the solvency, financial condition, or statements of any Borrower, or the validity and enforceability of the obligations of any Borrower in respect of the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has -------------------- * Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. with respect to, the solvency, financial condition, or statements of the Company or the Borrower, or the validity and enforceability of the obligations of the Company or the Borrower in respect of the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Company and the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Atlantic Richfield Co /De)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility -------- 3 Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. with respect to, the solvency, financial condition, condition or statements of the Company or the Borrowerany of its Subsidiaries, or the validity and enforceability of the obligations of the Company or the Borrower any of its Subsidiaries in respect of the Credit Agreement or any NoteLoan Document. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Company and its Subsidiaries. * Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the BorrowerAssignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum.

Appears in 1 contract

Samples: Agreement (Blyth Inc)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition, or statements of the Company or the Borrower, or the validity and enforceability of the obligations of the Company -------- 3 Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. with respect to, the solvency, financial condition, or statements of the Company or the Borrower, or the validity and enforceability of the obligations of the Company or the Borrower in respect of the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Company and the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Us West Inc)

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Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility -------- 3 Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. with respect to, the solvency, financial condition, condition or statements of the Company or the any Borrower, or the validity and enforceability of the obligations of the Company or the any Borrower in respect of the Credit Agreement or any its Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit ---------- 1 Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. ** Delete if consent of the Company is not required. ** Delete if consent of the Company is not required. analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Company and the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Allergan Inc)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility -------- 3 -------------- Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. 104 have no responsibility with respect to, the solvency, financial condition, or statements of the Company or the Borrower, or the validity and enforceability of the obligations of the Company or the Borrower in respect of the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Company and the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Amb Property Corp)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility -------- 3 * Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. with respect to, the solvency, financial condition, condition or statements of the Company or the Borrower, Borrower or the validity and enforceability of the obligations of the Company or the Borrower in respect of the Credit Agreement or any [Term][Revolving Credit] Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Company and the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Martin Marietta Materials Inc)

Non-Reliance on Assignor. The Assignor makes no ------------------------ representation or warranty in connection with, and shall have no responsibility -------- 3 Amount with respect to, the solvency, financial condition, or statements of the Borrower, or the validity and enforceability of the obligations of the Borrower in respect of the Loan Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents ---------------- /1/ The amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. with respect to, the solvency, financial condition, or statements of the Company or the Borrower, or the validity and enforceability of the obligations of the Company or the Borrower in respect of the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Company and the Borrower.

Appears in 1 contract

Samples: Revolving Credit Agreement (Kilroy Realty Corp)

Non-Reliance on Assignor. The Assignor makes no representation or warranty in connection with, and shall have no responsibility -------- 3 ------------------- *Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. 113 with respect to, the solvency, financial condition, or statements of the Company or the Borrower, or the validity and enforceability of the obligations of the Company or the Borrower in respect of the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Company and the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Tyco International LTD /Ber/)

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