Example ContractsClausescondition of borrowerVariants
Condition of Borrower
Condition of Borrower contract clause examples

Condition of Designated Borrower. The acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from the Designated Borrower and any other such information concerning the financial condition, business and [[Organization B:Organization]] of the Designated Borrower and any such other as the requires, and that the Administrative Agent and have no duty, and the is not relying on the Administrative Agent or any Lender at any time, to disclose to the any information relating to the business, [[Organization B:Organization]] or financial condition of the Designated Borrower or any other (the waiving any duty on the part of the Administrative Agent and to disclose such information and any defense relating to the failure to provide the same).

Condition of Borrowers. The acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from the Borrowers and any other such information concerning the financial condition, business and [[Organization B:Organization]] of the Borrowers and any such other as the requires, and that the Administrative Agent and have no duty, and the is not relying on the Administrative Agent or any Lender at any time, to disclose to the any information relating to the business, [[Organization B:Organization]] or financial condition of the Borrowers or any other (the waiving any duty on the part of the Administrative Agent and to disclose such information and any defense relating to the failure to provide the same).

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