Common use of Best Interests Clause in Contracts

Best Interests. It is in the best interests of each Subsidiary Guarantor to execute this Subsidiary Guaranty inasmuch as such Subsidiary Guarantor will, as a result of being a Subsidiary of the Borrower, derive substantial direct and indirect benefits from the Credit Extensions made from time to time to the Borrower by the Lenders and the Issuers pursuant to the Credit Agreement and the execution and delivery of Rate Protection Agreements between the Borrower, other Obligors (other than the Parent) and certain Secured Parties, and each Subsidiary Guarantor agrees that the Secured Parties are relying on this representation in agreeing to make Credit Extensions to the Borrower.

Best Interests. It is in the best interests of each Subsidiary Guarantor to execute this Subsidiary Guaranty Agreement inasmuch as such Subsidiary Guarantor will, as a result of being a Subsidiary of the Borrower, derive substantial direct and indirect benefits from the Credit Extensions made from time to time to Borrower’s continued compliance with the Borrower by the Lenders terms and the Issuers pursuant to provisions of the Credit Agreement and the execution and delivery of Rate Protection Agreements between the Borrower, other Obligors (other than the Parent) and certain Secured PartiesAgreement, and each Subsidiary Guarantor agrees that the Secured Parties are and each Fixed Rate Note Holder is relying on this representation in agreeing to make Credit Extensions to the Borrowerrepresentation.

Best Interests. It is in the best interests of each Subsidiary Guarantor to execute this Subsidiary Guaranty inasmuch as such Subsidiary Guarantor will, as a result of being a Subsidiary of the applicable Borrower, derive substantial direct and indirect benefits from the Credit Extensions made from time to time to the such Borrower by the Lenders and the Issuers L/C Issuer pursuant to the Credit Agreement and the execution and delivery of Rate Protection Agreements between the Borrower, other Obligors (other than the Parent) and certain Secured PartiesAgreement, and each Subsidiary Guarantor agrees that the Secured Lender Parties are relying on this representation in agreeing to make Credit Extensions to the BorrowerBorrowers.