Benefit to the Guarantor. The Guarantor is a wholly-owned Subsidiary of the Company and the Guarantor's guaranty pursuant to this Guaranty Agreement reasonably may be expected to benefit, directly or indirectly, the Guarantor; and the Guarantor has determined that this Guaranty Agreement is necessary and convenient to the conduct, promotion and attainment of the business of the Guarantor and the Company.
Appears in 9 contracts
Samples: Guaranty Agreement (Ocean Energy Inc), Guaranty Agreement (United Meridian Corp), Guaranty Agreement (Ocean Energy Inc /Tx/)
Benefit to the Guarantor. The Guarantor Company is a wholly-owned Subsidiary of the Company Guarantor; and the Guarantor's guaranty pursuant to this Guaranty Agreement reasonably may be expected to benefit, directly or indirectly, the Guarantor; and the Guarantor has determined that this Guaranty Agreement is necessary and convenient to the conduct, promotion and attainment of the business of the Guarantor and the Company.
Appears in 8 contracts
Samples: Guaranty Agreement (Ocean Energy Inc), Guaranty Agreement (Ocean Energy Inc), Guaranty Agreement (United Meridian Corp)
Benefit to the Guarantor. The Guarantor is a wholly-owned Subsidiary subsidiary of the Company Borrower; and the Guarantor's guaranty pursuant to this Guaranty Agreement reasonably may be expected to benefit, directly or indirectly, the Guarantor; and the Guarantor has determined that this Guaranty Agreement is necessary and convenient to the conduct, promotion and attainment of the business of the Guarantor and the CompanyBorrower.
Appears in 8 contracts
Samples: Guaranty (Trinity Industries Inc), Credit Agreement (Trinity Industries Inc), Credit Agreement (Trinity Industries Inc)
Benefit to the Guarantor. The Guarantor is a wholly-owned Subsidiary of the Company Borrower and the Guarantor's guaranty pursuant to this Guaranty Agreement reasonably may be expected to benefit, directly or indirectly, the Guarantor; and the Guarantor has determined that this Guaranty Agreement is necessary and convenient to the conduct, promotion and attainment of the business of the Guarantor and the CompanyBorrower.
Appears in 6 contracts
Samples: Guaranty Agreement (Corrida Resources Inc), Guaranty Agreement (Queen Sand Resources Inc), Guaranty Agreement (Corrida Resources Inc)
Benefit to the Guarantor. The Guarantor is a wholly-owned Subsidiary subsidiary of the Company Borrower; and the Guarantor's ’s guaranty pursuant to this Guaranty Agreement reasonably may be expected to benefit, directly or indirectly, the Guarantor; and the Guarantor has determined that this Guaranty Agreement is necessary and convenient to the conduct, promotion and attainment of the business of the Guarantor and the CompanyBorrower.
Appears in 4 contracts
Samples: Credit Agreement (Trinity Industries Inc), Credit Agreement (Lone Pine Resources Inc.), Credit Agreement (Lone Pine Resources Inc.)
Benefit to the Guarantor. The Guarantor Borrower is a wholly-owned Subsidiary of the Company Guarantor and the Guarantor's guaranty pursuant to this Guaranty Agreement reasonably may be expected to benefit, directly or indirectly, the Guarantor; and the Guarantor has determined that this Guaranty Agreement is necessary and convenient to the conduct, promotion and attainment of the business of the Guarantor and the CompanyBorrower.
Appears in 3 contracts
Samples: Guaranty Agreement (Queen Sand Resources Inc), Guaranty Agreement (Corrida Resources Inc), Guaranty Agreement (Corrida Resources Inc)
Benefit to the Guarantor. The Guarantor is a wholly-owned Subsidiary of the Company and the Guarantor's ’s guaranty pursuant to this Guaranty Agreement reasonably may be expected to benefit, directly or indirectly, the Guarantor; and the Guarantor has determined that this Guaranty Agreement is necessary and convenient to the conduct, promotion and attainment of the business of the Guarantor and the CompanyBorrower.
Appears in 3 contracts
Samples: Credit Agreement (Lone Pine Resources Inc.), Credit Agreement (Lone Pine Resources Inc.), Credit Agreement (Forest Oil Corp)
Benefit to the Guarantor. The Guarantor Borrower is a wholly-owned Wholly Owned Subsidiary of the Company Guarantor; and the Guarantor's guaranty pursuant to this Guaranty Agreement reasonably may be expected to benefit, directly or indirectly, the Guarantor; and the Guarantor has determined that this Guaranty Agreement is necessary and convenient to the conduct, promotion and attainment of the business of the Guarantor and the CompanyBorrower.
Appears in 1 contract
Benefit to the Guarantor. The Guarantor Borrower is a wholly-owned Subsidiary of the Company Guarantor; and the Guarantor's guaranty pursuant to this Guaranty Agreement reasonably may be expected to benefit, directly or indirectly, the Guarantor; and the Guarantor has determined that this Guaranty Agreement is necessary and convenient to the conduct, promotion and attainment of the business of the Guarantor and the CompanyBorrower.
Appears in 1 contract
