Common use of Benefits of Guaranty Clause in Contracts

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of Lender and its successors, transferees, endorsees, and assigns, and nothing herein shall impair the New Loan or other Obligations, as between Borrower, Guarantor and Lender. No such transfer, endorsement, or assignment shall increase or diminish any of the Guaranty Obligations hereunder. This Guaranty binds Guarantor, and Guarantor may not assign, transfer or endorse this Guaranty. In the event all or any part of the New Loan or other Obligations are transferred, endorsed or assigned by Lender to any Person or Persons, any reference to “Lender” herein shall be deemed to refer equally to such Person or Persons.

Appears in 2 contracts

Samples: Guaranty Agreement (Integrated Healthcare Holdings Inc), Guaranty Agreement (Integrated Healthcare Holdings Inc)

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Benefits of Guaranty. The provisions of this Guaranty are for the benefit of Lender and its successors, transferees, endorsees, and assigns, and nothing herein shall impair the New Loan or other Obligations, as between BorrowerBorrowers, Guarantor and Lender. No such transfer, endorsement, or assignment shall increase or diminish any of the Guaranty Obligations hereunder. This Guaranty binds Guarantor, and Guarantor may not assign, transfer or endorse this Guaranty. In the event all or any part of the New Loan or other Obligations are transferred, endorsed or assigned by Lender to any Person or Persons, any reference to "Lender" herein shall be deemed to refer equally to such Person or Persons.

Appears in 2 contracts

Samples: Guaranty Agreement (Integrated Healthcare Holdings), Guaranty Agreement (Integrated Healthcare Holdings)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of Lender Agent and its the Banks and their respective successors, transferees, endorsees, and assigns, and nothing herein shall impair the New Loan or other Obligationsimpair, as between Borrower, Guarantor Agent, and LenderBanks, the Obligations. No such transfer, endorsement, or assignment shall increase or diminish any of the Guaranty Obligations Liabilities hereunder. This Guaranty binds GuarantorGuarantors, and Guarantor Guarantors may not assign, transfer transfer, or endorse this Guaranty. In the event all or any part of the New Loan or other Obligations are transferred, endorsed endorsed, or assigned by Lender Agent or any Bank to any Person or PersonsPerson, any reference to “Lender” "Agent" or "Bank" herein shall be deemed to refer equally to such Person or PersonsPerson.

Appears in 1 contract

Samples: Morrison Knudsen Corp

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of Lender and its successors, transferees, endorsees, and assigns, and nothing herein shall impair any of the New Loan Loans or other Obligations, as between Borrower, Guarantor Guarantors and Lender. No such transfer, endorsement, or assignment shall increase or diminish any of the Guaranty Obligations hereunder. This Guaranty binds each Guarantor, and no Guarantor may not assign, transfer or endorse this Guaranty. In the event all or any part of any of the New Loan Loans or other Obligations are transferred, endorsed or assigned by Lender to any Person or Persons, any reference to "Lender" herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Guaranty Agreement (Integrated Healthcare Holdings Inc)

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Benefits of Guaranty. The provisions of this Guaranty are for the benefit of Lender and its successors, transferees, endorsees, and assigns, and nothing herein shall impair the New Loan or other Obligations, as between Borrower, Guarantor Guarantors and Lender. No such transfer, endorsement, or assignment shall increase or diminish any of the Guaranty Obligations hereunder. This Guaranty binds each Guarantor, and no Guarantor may not assign, transfer or endorse this Guaranty. In the event all or any part of any of the New Loan or other Obligations are transferred, endorsed or assigned by Lender to any Person or Persons, any reference to "Lender" herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Guaranty Agreement (Integrated Healthcare Holdings Inc)

Benefits of Guaranty. The provisions of this Guaranty are for the -------------------- benefit of Lender Bank and its successors, transferees, endorsees, and assigns, and nothing herein shall impair the New Loan or other Obligationsimpair, as between Borrower, Guarantor Guarantors, and LenderBank, the Obligations. No such transfer, endorsement, or assignment shall increase or diminish any of the Guaranty Obligations hereunder. This Guaranty binds each Guarantor, and no Guarantor may not assign, transfer transfer, or endorse this Guaranty. In the event all or any part of the New Loan or other Obligations are transferred, endorsed endorsed, or assigned by Lender Bank to any Person or Persons, any reference to “Lender” "Bank" herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Continuing Guaranty (Polyphase Corp)

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