Common use of Benefit Clause in Contracts

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 65 contracts

Samples: Guaranty (Stratus Properties Inc), Guaranty (Stratus Properties Inc), Guaranty (Stratus Properties Inc)

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Benefit. Guarantor is an affiliate Affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 51 contracts

Samples: Guaranty Agreement (Cim Real Estate Finance Trust, Inc.), Guaranty Agreement (Global Net Lease, Inc.), Guaranty (Ionis Pharmaceuticals Inc)

Benefit. Guarantor is an affiliate Affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, Borrower and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 24 contracts

Samples: Guaranty Agreement (Terra Tech Corp.), Guaranty Agreement (Griffin Capital Essential Asset REIT II, Inc.), Guaranty Agreement (Terra Tech Corp.)

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed ObligationsGuaranty.

Appears in 11 contracts

Samples: Loan Agreement, Fifth Mezzanine Loan Agreement (Harrahs Entertainment Inc), Second Amended And (Harrahs Entertainment Inc)

Benefit. Each Guarantor is an affiliate Affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, Borrower and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 9 contracts

Samples: Guaranty of Recourse Obligations (Lodging Fund REIT III, Inc.), Lodging Fund REIT III, Inc., Generation Income Properties, Inc.

Benefit. Guarantor is an affiliate Affiliate of each Borrower, is the owner of a direct or indirect interest in Borrower, each Borrower and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 8 contracts

Samples: Guaranty of Recourse Obligations (Ashford Hospitality Trust Inc), Guaranty of Recourse Obligations (Ashford Hospitality Trust Inc), Guaranty of Recourse Obligations (Ashford Hospitality Trust Inc)

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect the Loan to the Guaranteed ObligationsBorrower.

Appears in 7 contracts

Samples: Guaranty Agreement (Owens Realty Mortgage, Inc.), Guaranty (Owens Realty Mortgage, Inc.), Guaranty (IMH Financial Corp)

Benefit. Guarantor is an affiliate Affiliate of Borrower, is the owner of a direct or indirect interest in each Individual Borrower, and has received, or and/or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 7 contracts

Samples: Guaranty and Indemnity Agreement, Guaranty and Indemnity Agreement, Mezzanine 1 Guaranty and Indemnity Agreement (Ashford Hospitality Trust Inc)

Benefit. Such Guarantor is an affiliate of BorrowerBorrowers, is the owner of a direct or indirect interest in each Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 5 contracts

Samples: First Mezzanine Closing (Morgans Hotel Group Co.), Closing Guaranty of Completion (Morgans Hotel Group Co.), Third Mezzanine (Morgans Hotel Group Co.)

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 5 contracts

Samples: Guaranty Agreement (ACRES Commercial Realty Corp.), Carry Guaranty Agreement (ACRES Commercial Realty Corp.), Completion Guaranty Agreement (ACRES Commercial Realty Corp.)

Benefit. Such Guarantor is an affiliate Affiliate of each Borrower, is the owner of a direct or indirect interest in each Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 4 contracts

Samples: First Mezzanine Guaranty Agreement (Morgans Hotel Group Co.), Third Mezzanine Guaranty Agreement (Morgans Hotel Group Co.), Second Mezzanine Guaranty Agreement (Morgans Hotel Group Co.)

Benefit. Guarantor is an affiliate Affiliate of Borrower, or is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed ObligationsGuaranty.

Appears in 4 contracts

Samples: Guaranty of Non Recourse Carveouts (Independence Realty Trust, Inc), Guaranty of Non Recourse Carveouts (Independence Realty Trust, Inc), Guaranty of Non Recourse Carveouts (Independence Realty Trust, Inc)

Benefit. Guarantor is an affiliate of Borrower, or is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed ObligationsGuaranty.

Appears in 4 contracts

Samples: Guaranty of Non Recourse Carveouts (Independence Realty Trust, Inc), Guaranty of Non Recourse Carveouts (Independence Realty Trust, Inc), Guaranty of Non Recourse Carveouts (NNN 2003 Value Fund LLC)

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or an indirect interest in Borrower, Borrower and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 4 contracts

Samples: Guaranty (Inland American Real Estate Trust, Inc.), Guaranty (Inland American Real Estate Trust, Inc.), Guaranty (Inland American Real Estate Trust, Inc.)

Benefit. Such Guarantor is an affiliate Affiliate of each Borrower, is the owner of a direct or indirect interest in each Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed ObligationsObligation.

Appears in 4 contracts

Samples: First Mezzanine Guaranty Agreement (Morgans Hotel Group Co.), Second Mezzanine Guaranty Agreement (Morgans Hotel Group Co.), Third Mezzanine Guaranty Agreement (Morgans Hotel Group Co.)

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty guaranty with respect to the Guaranteed Obligations.

Appears in 3 contracts

Samples: KBS Real Estate Investment Trust, Inc., KBS Real Estate Investment Trust, Inc., American Financial Realty Trust

Benefit. Guarantor is an affiliate Affiliate of Borrower, Operating Lessee and each other Loan Party, or is the owner of a direct or indirect interest in one or more Individual Borrowers comprising Borrower, Operating Lessee and each other Loan Party, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 3 contracts

Samples: Guaranty Agreement (CorePoint Lodging Inc.), Guaranty Agreement (BRE Select Hotels Corp), Guaranty Agreement (BRE Select Hotels Corp)

Benefit. Guarantor is an affiliate Affiliate of Tower Borrower and Garage Borrower, is the owner of a direct or indirect interest in Tower Borrower and Garage Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 3 contracts

Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.), Guaranty Agreement (Maguire Properties Inc)

Benefit. Guarantor is an affiliate of Borrower, Borrower and/or is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 2 contracts

Samples: Mezzanine Guaranty Agreement (Inland Residential Properties Trust, Inc.), Mezzanine Guaranty Agreement (Inland Real Estate Income Trust, Inc.)

Benefit. Such Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and or has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed ObligationsDebt.

Appears in 2 contracts

Samples: Guaranty (Carter Validus Mission Critical REIT, Inc.), Guaranty (Grubb & Ellis Healthcare REIT II, Inc.)

Benefit. Guarantor is an affiliate Affiliate of BorrowerBorrower and each other Loan Party, is the owner of a direct or indirect interest in BorrowerBorrower and each other Loan Party, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 2 contracts

Samples: Guaranty Agreement (BRE Select Hotels Corp), Guaranty Agreement (BRE Select Hotels Corp)

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of the Loan to Borrower and the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 2 contracts

Samples: Guaranty Agreement (Five Point Holdings, LLC), Mezzanine Guaranty Agreement (Five Point Holdings, LLC)

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed ObligationsDebt.

Appears in 2 contracts

Samples: Stratus Properties Inc, Stratus Properties Inc

Benefit. Guarantor is an affiliate of Borrower, Borrower or is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 2 contracts

Samples: Guaranty (Strategic Storage Trust, Inc.), Guaranty (Maguire Properties Inc)

Benefit. Guarantor is an affiliate Affiliate of Borrower, is the indirect owner of a direct or indirect interest one hundred percent (100%) of the equity interests in Borrower, Borrower and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 2 contracts

Samples: Non Recourse Carve Out Guaranty Agreement (Allegiant Travel CO), Guaranty of Payment (Allegiant Travel CO)

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or an indirect interest in BorrowerBorrower and each other Loan Party, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 2 contracts

Samples: Guaranty Agreement (MGM Resorts International), Guaranty Agreement (MGM Resorts International)

Benefit. Guarantor is an affiliate of Borrowereach Debtor, or is the owner of a direct or indirect interest in Borrowereach Debtor, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty (Naturade Inc)

Benefit. Guarantor is an affiliate Affiliate of Borrower, is the owner of a direct or an indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect Loan to the Guaranteed ObligationsBorrower.

Appears in 1 contract

Samples: Alexanders Inc

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Nordstrom Inc

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or an indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Sentio Healthcare Properties Inc

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect the Loan to the Guaranteed ObligationsBorrower.

Appears in 1 contract

Samples: Limited Recourse Guaranty (Brookfield DTLA Fund Office Trust Investor Inc.)

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Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in Borrower or a member of Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Strategic Storage Trust, Inc.

Benefit. Guarantor is an affiliate Affiliate of BorrowerBorrowers, is the owner of a direct or indirect interest in BorrowerBorrowers, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty of Recourse Carveouts (EnerJex Resources, Inc.)

Benefit. Guarantor is an affiliate Affiliate of Borrower, is the owner of a direct or indirect ownership interest in Borrower, Borrower and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty of Recourse Obligations (Bluerock Residential Growth REIT, Inc.)

Benefit. Guarantor is an affiliate Affiliate of Borrowerthe Borrowers, is the owner of a direct or indirect interest in Borrowerthe Borrowers, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Ventas Inc

Benefit. Guarantor is an affiliate of BorrowerBorrower and Property Owner, is the owner of a direct or indirect interest in BorrowerBorrower and Property Owner, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty Agreement (ESH Hospitality, Inc.)

Benefit. Guarantor is an affiliate of BorrowerIssuers, is the owner of a direct or indirect interest in BorrowerIssuers, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty Agreement (Kerzner International LTD)

Benefit. Guarantor is an affiliate Affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed ObligationsLoan.

Appears in 1 contract

Samples: Hilton Worldwide Holdings Inc.

Benefit. Guarantor is an affiliate of Borrower, is the owner of ------- a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Wellington Properties Trust

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in each Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect the Loan to the Guaranteed ObligationsBorrowers.

Appears in 1 contract

Samples: Credit Agreement (CBL & Associates Properties Inc)

Benefit. Guarantor is an affiliate of Borrower, is the indirect owner of the general partner of Borrower and owns a direct or indirect majority limited partnership interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations. Guarantor has received reasonably equivalent value in exchange for the making of this Guaranty.

Appears in 1 contract

Samples: Guaranty (GMH Communities Trust)

Benefit. Guarantor is an affiliate Affiliate of Borrower, is the owner of a direct or indirect interest in one or more Individual Borrowers comprising Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty Agreement (Hilton Worldwide Holdings Inc.)

Benefit. Guarantor is an affiliate Affiliate of Borrower, and is the direct legal and beneficial owner of a direct or indirect interest 100% of the equity interests in Borrower, and has received, or will receive, direct or indirect and substantial benefit from the making of this Guaranty with respect to the Guaranteed ObligationsLoan.

Appears in 1 contract

Samples: Carveout Guaranty (Trinity Place Holdings Inc.)

Benefit. Guarantor is an affiliate Affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or and/or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty (Capital Trust Inc)

Benefit. Guarantor is an affiliate of BorrowerBorrowers, is the owner of a direct or indirect interest in BorrowerBorrowers, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty Agreement Regarding Pip Requirements (Inland American Real Estate Trust, Inc.)

Benefit. Guarantor is an affiliate Affiliate of Borrower, Operating Lessee and each other Loan Party, is the owner of a direct or indirect interest in Borrower, Operating Lessee and each other Loan Party, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty Agreement (BRE Select Hotels Corp)

Benefit. Guarantor is an affiliate of Borrower, is the parent company and the beneficial owner of a direct or indirect interest in Borrower, all the issued shares of Borrower and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to and the Guaranteed ObligationsDebt.

Appears in 1 contract

Samples: Unconditional Guaranty Agreement (Dsi Toys Inc)

Benefit. Guarantor is an affiliate Affiliate of Borrower, is the owner of a direct or an indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Alexanders Inc

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of the Loan to Borrower, which would not occur but for the making of this Guaranty with respect to the Guaranteed ObligationsRecourse Obligations of Borrower.

Appears in 1 contract

Samples: Maguire Properties Inc

Benefit. Each Guarantor is an affiliate Affiliate of Borrower, is the owner of a direct or indirect interest in Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hudson Pacific Properties, Inc.)

Benefit. Guarantor is an affiliate of Borrower, is the owner of a direct or indirect interest in holder of Equity Interests of Borrower, and has received, or will receive, direct or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.

Appears in 1 contract

Samples: Indemnity Guaranty (CURO Group Holdings Corp.)

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