Common use of Benefit to Guarantor Clause in Contracts

Benefit to Guarantor. Guarantor acknowledges that it will benefit from the execution and continued existence of the Lease, and Guarantor further acknowledges that Landlord will be relying upon Guarantor's guarantee, representations, warranties and covenants contained herein.

Appears in 3 contracts

Samples: Guaranty of Lease (Alterra Healthcare Corp), Guaranty of Lease and Letter of Credit Agreement (Brookdale Senior Living Inc.), Guaranty of Lease and Letter of Credit Agreement (Brookdale Senior Living Inc.)

AutoNDA by SimpleDocs

Benefit to Guarantor. Guarantor acknowledges that it will derive substantial benefit and value from the execution and continued existence of the Lease, and Guarantor further acknowledges that Landlord will be relying upon Guarantor's guarantee, representations, warranties and covenants contained herein.

Appears in 2 contracts

Samples: Guaranty of Master Lease and Security Agreement (Balanced Care Corp), Guaranty of Master Lease and Security Agreement (Balanced Care Corp)

Benefit to Guarantor. Guarantor acknowledges that it will benefit from the execution and continued existence of the Lease, and Guarantor further acknowledges that Landlord will be relying upon Guarantor's ’s guarantee, representations, warranties and covenants contained herein.

Appears in 2 contracts

Samples: Letter of Credit Agreement (Nationwide Health Properties Inc), Guaranty of Lease (Emeritus Corp\wa\)

Benefit to Guarantor. Guarantor acknowledges that it will benefit from the execution and continued existence of the Lease, and Guarantor further acknowledges that Landlord will be relying upon Guarantor's guarantee, representations, warranties and covenants contained herein. 15.

Appears in 1 contract

Samples: Lease and Letter of Credit Agreement (Alterra Healthcare Corp)

AutoNDA by SimpleDocs

Benefit to Guarantor. Guarantor acknowledges that it will benefit from the execution and continued existence of the LeaseLeases, and Guarantor further acknowledges that Landlord will be relying upon Guarantor's guarantee, representations, warranties and covenants contained herein.

Appears in 1 contract

Samples: Guaranty Of (Mariner Post Acute Network Inc)

Benefit to Guarantor. Guarantor acknowledges that it will benefit from the execution and continued existence of the Lease, and Guarantor further acknowledges that Landlord will be relying upon Guarantor's ’s guarantee, representations, warranties and covenants contained hereinherein and that Landlord would not have been willing to enter into the Lease unless Guarantor was willing to execute and deliver this Guaranty.

Appears in 1 contract

Samples: Guaranty of Master Lease (CareTrust REIT, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.