Common use of BEST INTEREST OF GUARANTOR Clause in Contracts

BEST INTEREST OF GUARANTOR. Considering that the Bank would not extend the Term Loan to the Borrower but for the Guaranty, Guarantor's execution of the Guaranty is in the best interest of the Guarantor.

Appears in 3 contracts

Samples: Loan Agreement (King Pharmaceuticals Inc), Loan Agreement (King Pharmaceuticals Inc), Loan Agreement (King Pharmaceuticals Inc)

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BEST INTEREST OF GUARANTOR. Considering that the Bank would not extend the Term Revolving Credit Loan to the Borrower but for the Guaranty, Guarantor's execution of the Guaranty is in the best interest of the Guarantor.

Appears in 1 contract

Samples: Loan Agreement (King Pharmaceuticals Inc)

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