Benefit to Guarantors. The Borrower and the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower has a direct impact on the success of each Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 112 contracts
Samples: Credit Agreement (CTO Realty Growth, Inc.), Credit Agreement (Bread Financial Holdings, Inc.), Credit Agreement (Whitestone REIT)
Benefit to Guarantors. The Borrower and All of the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower each Guarantor has a direct impact on the success of each other Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions extension of credit hereunder.
Appears in 20 contracts
Samples: Multicurrency Credit Agreement, Credit Agreement (Hub Group Inc), Note and Warrant Purchase Agreement (Morton Industrial Group Inc)
Benefit to Guarantors. The Borrower Borrowers and the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower Borrowers has a direct impact on the success of each Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 13 contracts
Samples: Credit Agreement (Delek Logistics Partners, LP), Credit Agreement (Delek Logistics Partners, LP), Credit and Guaranty Agreement (Sparton Corp)
Benefit to Guarantors. The Borrower Company and the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower Company has a direct impact on the success of each Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 9 contracts
Samples: Revolving Credit and Letter of Credit Agreement (Cigna Group), Revolving Credit and Letter of Credit Agreement (Cigna Group), Note Purchase and Guaranty Agreement (Whitestone REIT)
Benefit to Guarantors. The Borrower and the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower each Guarantor has a direct impact on the success of each other Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 6 contracts
Samples: Credit Agreement (AlTi Global, Inc.), Credit Agreement (AlTi Global, Inc.), Credit Agreement (StoneX Group Inc.)
Benefit to Guarantors. The Borrower and the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower has a direct impact on the success of each Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 5 contracts
Samples: Credit Agreement (Sterling Infrastructure, Inc.), Credit Agreement (Sterling Infrastructure, Inc.), Credit Agreement (Sterling Construction Co Inc)
Benefit to Guarantors. The Borrower Borrowers and the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower has a direct impact on the success of each Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 5 contracts
Samples: Credit Agreement, Credit Agreement (Smucker J M Co), Credit Agreement (Smucker J M Co)
Benefit to Guarantors. The Borrower and all of the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower and each Guarantor has a direct impact on the success of each other Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions extension of credit hereunder.
Appears in 4 contracts
Samples: Credit Agreement (Federal Signal Corp /De/), Credit Agreement (Federal Signal Corp /De/), Credit Agreement (Federal Signal Corp /De/)
Benefit to Guarantors. The Borrower and the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower and the Guarantors has a direct impact on the success of each Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder, and each Guarantor acknowledges that this guarantee is necessary or convenient to the conduct, promotion and attainment of its business.
Appears in 4 contracts
Samples: Credit Agreement (StoneX Group Inc.), Credit Agreement (StoneX Group Inc.), Credit Agreement (Intl Fcstone Inc.)
Benefit to Guarantors. The Borrower Company and all of the other Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower each Guarantor has a direct impact on the success of each other Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions extension of credit hereunder.
Appears in 4 contracts
Samples: Multicurrency Credit Agreement (General Binding Corp), Multicurrency Credit Agreement (General Binding Corp), Multicurrency Credit Agreement (General Binding Corp)
Benefit to Guarantors. The Borrower Borrowers and the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower has Borrowers have a direct impact on the success of each Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 3 contracts
Samples: Amendment Agreement (Boulder Brands, Inc.), Credit Agreement (Boulder Brands, Inc.), Credit Agreement (Smart Balance, Inc.)
Benefit to Guarantors. The Borrower and the other Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower has a direct impact on the success of each other Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 3 contracts
Samples: Credit Agreement (Plexus Corp), Credit Agreement (Plexus Corp), Credit Agreement (Plexus Corp)
Benefit to Guarantors. The Borrower and All of the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower each Guarantor has a direct impact on the success of each other Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 3 contracts
Samples: Credit Agreement (Rc2 Corp), Credit Agreement (Racing Champions Corp), Credit Agreement (Racing Champions Corp)
Benefit to Guarantors. The Borrower and the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower has a direct impact on the success of each Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunderhereunder and each Guarantor acknowledges that this guarantee is necessary or convenient to the conduct, promotion and attainment of its business.
Appears in 2 contracts
Samples: Credit Agreement (BIO-TECHNE Corp), Credit Agreement (BIO-TECHNE Corp)
Benefit to Guarantors. The Borrower and the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower Borrowers has a direct impact on the success of each Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 2 contracts
Samples: Promissory Note (Delek US Holdings, Inc.), Promissory Note (Delek Logistics Partners, LP)
Benefit to Guarantors. The Borrower and all of the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower and each Guarantor has a direct impact on the success of each Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 2 contracts
Samples: Credit Agreement (CTS Corp), Credit Agreement (CTS Corp)
Benefit to Guarantors. The Borrower and the Guarantors Obligors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower Borrowers and the other Obligors has a direct impact on the success of each Guarantorother Obligors. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder, and each Guarantor acknowledges that this guarantee is necessary or convenient to the conduct, promotion and attainment of its business.
Appears in 1 contract
Benefit to Guarantors. The Borrower and the Guarantors Debtors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower Debtors has a direct impact on the success of each Guarantorother Debtor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder, and each Guarantor acknowledges that this guarantee is necessary or convenient to the conduct, promotion and attainment of its business.
Appears in 1 contract
Samples: Loan and Security Agreement (1st FRANKLIN FINANCIAL CORP)
Benefit to Guarantors. The Borrower and All of the Guarantors that are engaged in business are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower each such Guarantor has a direct impact on the success of each other such Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions extension of credit hereunder.
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Argyle Security, Inc.)
Benefit to Guarantors. The Borrower Borrowers and all of the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the each Borrower and each Guarantor has a direct impact on the success of each Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 1 contract
Samples: Credit Agreement (CTS Corp)
Benefit to Guarantors. The Borrower and the Guarantors are engaged in related inrelated businesses and integrated to such an extent that the financial strength and flexibility of the Borrower theBorrower has a direct impact on the success of each Guarantor. Each Guarantor will derive substantial direct substantialdirect and indirect benefit from the extensions of credit hereunder.
Appears in 1 contract
Benefit to Guarantors. The Borrower and All of the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower each Guarantor has a direct impact on the success business of each Guarantorthe Borrower. Each Guarantor will derive substantial direct and indirect benefit from the extensions extension of credit hereunder.
Appears in 1 contract
Benefit to Guarantors. The Borrower and All of the Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower and each Guarantor has a direct impact on the success of each Guarantor. Each Guarantor will derive substantial direct and indirect benefit from the extensions extension of credit hereunder.
Appears in 1 contract
Samples: Credit Agreement (CTS Corp)
