Common use of Own responsibility Clause in Contracts

Own responsibility. It is understood and agreed by each Bank that it has itself been, and will continue to be, solely responsible for making its own independent appraisal of and investigations into the financial condition, creditworthiness, condition, affairs, status and nature of each member of the Guarantor’s Group and, accordingly, each Bank warrants to the Agent, the Trustee and the Arrangers that it has not relied on and will not hereafter rely on the Agent, the Trustee and the Arrangers or any of them: (i) to check or enquire on its behalf into the adequacy, accuracy or completeness of any information provided by any Finance Party in connection with the Finance Documents or the transactions contemplated thereby (whether or not such information has been or is hereafter circulated to such Bank by the Agent, the Trustee and the Arrangers or any of them); or (ii) to assess or keep under review on its behalf the financial condition, creditworthiness, condition, affairs, status or nature of any member of the Guarantor’s Group.

Own responsibility. It is understood and agreed by each Bank that it has itself been, and will continue to be, solely responsible for making its own independent appraisal of and investigations into the financial condition, creditworthiness, condition, affairs, status and nature of each member of the Guarantor’s Group and each member of the ADT Group and, accordingly, each Bank warrants to the Agent, the Trustee Agent and the Arrangers Arranger that it has not relied on and will not hereafter rely on the Agent, the Trustee Agent and the Arrangers Arranger or any of them: (ia) to check or enquire on its behalf into the adequacy, accuracy or completeness of any information provided by any Finance Party of the Obligors in connection with the Finance Documents this Agreement or the transactions herein contemplated thereby (whether or not such information has been or is hereafter circulated to such Bank by the Agent, the Trustee Agent and the Arrangers Arranger or any of them); or (iib) to assess or keep under review on its behalf the financial condition, creditworthiness, condition, affairs, status or nature of any member of the Guarantor’s Group or any member of the ADT Group.

Own responsibility. It is understood and agreed by each Bank and each Issuing Bank that it has itself been, and will continue to be, solely responsible for making its own independent appraisal of and investigations into the financial condition, creditworthiness, condition, affairs, status and nature of each member of Borrower and the Guarantor’s Group and, accordingly, each Bank and each Issuing Bank warrants to each of the Agent, the Trustee Facility Agent and the Arrangers that it has not relied on and will not hereafter rely on any of the Agent, the Trustee Facility Agent and the Arrangers or any of themArrangers: (i) 24.14.1 to check or enquire on its behalf into the adequacy, accuracy or completeness of any information provided by any Finance Party of the Obligors in connection with the Finance Documents this Agreement or the transactions herein contemplated thereby (whether or not such information has been or is hereafter circulated to such Bank or such Issuing Bank by the Agent, the Trustee and the Arrangers Facility Agent or any of themArranger); or (ii) 24.14.2 to assess or keep under review on its behalf the financial condition, creditworthiness, condition, affairs, status or nature of any member of the Guarantor’s Group.

Own responsibility. It is understood and agreed by each Bank that it has itself been, and will continue to be, solely responsible for making its own independent appraisal of and investigations into the financial condition, creditworthiness, condition, affairs, status and nature of each member of the Guarantor’s Parent's Group and, accordingly, each Bank warrants to the Agent, the Trustee and the Arrangers that it has not relied on and will not hereafter rely on the Agent, the Trustee and the Arrangers or any of them: (i) to check or enquire on its behalf into the adequacy, accuracy or completeness of any information provided by any Finance Party in connection with the Finance Documents or the transactions contemplated thereby (whether or not such information has been or is hereafter circulated to such Bank by the Agent, the Trustee and the Arrangers or any of them); or (ii) to assess or keep under review on its behalf the financial condition, creditworthiness, condition, affairs, status or nature of any member of the Guarantor’s Parent's Group.

Own responsibility. It is understood and agreed by each Bank that it has itself been, and will continue to be, solely responsible for making its own independent appraisal of and investigations into the financial condition, creditworthiness, condition, affairs, status and nature of each member of the Guarantor’s Group Borrowers and, accordingly, each Bank represents and warrants to each of the AgentArranger, the Trustee Facility Agent and the Arrangers Security Agent that it has not relied on and will not hereafter rely on the AgentArranger, the Trustee and Facility Agent or the Arrangers or Security Agent nor any of them: (ia) to check or enquire on its behalf into the adequacy, accuracy or completeness of any information provided by any Finance Party the Borrowers in connection with the Finance Documents this Agreement or the transactions contemplated thereby by this Agreement (whether or not such information has been or is hereafter circulated to such Bank by the Arranger, the Facility Agent, the Trustee and the Arrangers Security Agent or any of them); or (iib) to assess or keep under review on its behalf the financial condition, creditworthiness, condition, affairs, status or nature of any member of the Guarantor’s GroupBorrowers.

Own responsibility. It is understood and agreed by each Bank Lender that it has itself been, and will continue to be, solely responsible for making its own independent appraisal of and investigations into the financial condition, creditworthiness, condition, affairs, status and nature of each member of the Guarantor’s Group Obligors and, accordingly, each Bank Lender warrants to the Facility Agent, the Trustee Arranger and the Arrangers Modeller that it has not relied on and will not hereafter rely on the Facility Agent, the Trustee and Arranger or the Arrangers or any of themModeller: (ia) to check or enquire on its behalf into the adequacy, accuracy or completeness of any information provided by any Finance Party an Obligor in connection with the Finance Documents or the transactions contemplated thereby in (whether or not such information has been or is hereafter circulated to such Bank Lender by the Facility Agent, the Trustee and Arranger or the Arrangers or any of themModeller); or (iib) to assess or keep under review on its behalf the financial condition, creditworthiness, condition, affairs, status or nature of any member of the Guarantor’s GroupBorrower.