Common use of Benefit to the Guarantor Clause in Contracts

Benefit to the Guarantor. The financial strength and flexibility of the Borrower and the other Credit Parties has a direct, tangible and immediate impact on the success of the Guarantor. The Guarantor is interested in and will be financially benefited by the business success of the Borrower and the other Credit Parties and has entered into this Guarantee for legitimate business purposes. The Guarantor hereby waives any right to revoke this Guarantee, and acknowledges that this Guarantee is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future. The Guarantor knowingly waives certain rights and defenses as set forth in this Guarantee in contemplation of the benefits that it will receive.

Benefit to the Guarantor. The Borrower and the Guarantor are engaged in related businesses and integrated to such an extent that the financial strength and flexibility of the Borrower and the other Credit Parties has a direct, tangible and immediate impact on the success of the Guarantor. The Guarantor is interested in will derive substantial direct and will be financially benefited by indirect benefit from the business success extension of credit to the Borrower and under the other Credit Parties and has entered into this Guarantee for legitimate business purposesAgreement. The Guarantor hereby waives any right to revoke this Guarantee, and acknowledges that this Guarantee is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future. The Guarantor knowingly waives certain rights and defenses as set forth in this Guarantee Agreement in contemplation of the benefits that it will receive.