Benefit to Subsidiary Guarantors. The Borrowers and the Subsidiary Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrowers has a direct impact on the success of each Subsidiary Guarantor. Each Subsidiary Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 2 contracts
Samples: License and Lease Agreement (Greektown Superholdings, Inc.), Credit Agreement (New Greektown Holdco LLC)
Benefit to Subsidiary Guarantors. The Borrowers Company and all of the Subsidiary Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrowers Company and each Subsidiary Guarantor has a direct impact on the success of each other Subsidiary Guarantor. Each Subsidiary Guarantor will derive substantial direct and indirect benefit from the extensions extension of credit hereunder.
Appears in 1 contract
Benefit to Subsidiary Guarantors. The Borrowers Borrower and the Subsidiary Guarantors are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrowers Borrower has a direct impact on the success of each Subsidiary Guarantor. Each Subsidiary Guarantor will derive substantial direct and indirect benefit from the extensions of credit hereunder.
Appears in 1 contract
Samples: Possession Credit Agreement
