Common use of Best Interests Clause in Contracts

Best Interests. It is in the best interests of the Guarantor to execute this Guaranty inasmuch as the Guarantor will derive substantial direct and indirect benefits from the Credit Extensions made from time to time to the Borrowers by the Lenders and the Issuers pursuant to the Credit Agreement and the execution and delivery of Rate Protection Agreements between the Borrowers or any other Obligor and certain Secured Parties, and the Guarantor agrees that the Secured Parties are relying on this representation in agreeing to continue to make Credit Extensions to the Borrowers.

Appears in 3 contracts

Samples: Superholdco Guaranty (AMH Holdings, Inc.), Superholdco Guaranty (Associated Materials Inc), Superholdco Guaranty (AMH Holdings, Inc.)

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

Appears in 3 contracts

Samples: Subsidiary Guaranty (Kansas City Southern), Subsidiary Guaranty (Kansas City Southern De Mexico, S.A. De C.V.), Subsidiary Guaranty (Kansas City Southern)

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

Appears in 2 contracts

Samples: Associated Materials Inc, AMH Holdings, Inc.

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

Appears in 2 contracts

Samples: Credit Agreement (Hanesbrands Inc.), Pledge and Security Agreement (Hanesbrands Inc.)

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

Appears in 2 contracts

Samples: Pledge and Security Agreement (Ferro Corp), Credit Agreement (Ferro Corp)

Best Interests. It is in the best interests of the Guarantor to execute this Guaranty inasmuch as the Guarantor will 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 Borrowers Borrower by the Lenders and the Issuers pursuant to the Credit Agreement and the execution and delivery of Rate Protection Agreements between the Borrowers or any other Obligor and certain Secured PartiesAgreement, and the Guarantor agrees that the Secured Parties are relying on this representation in agreeing to continue to make Credit Extensions to the BorrowersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Hecla Mining Co/De/)

Best Interests. It is in the best interests of the each Guarantor to execute this Guaranty inasmuch as such Guarantor will, as a result of being a Subsidiary of the Guarantor will Borrower, derive substantial direct and indirect benefits from the Credit Extensions made from time to time to the Borrowers 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 Borrowers or any other Obligor and certain Secured PartiesAgreement, and the each Guarantor agrees that the Secured Lender Parties are relying on this representation in agreeing to continue to make Credit Extensions to the BorrowersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Tibco Software Inc)

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

Appears in 1 contract

Samples: Patent Security Agreement (United Surgical Partners International Inc)

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Best Interests. It is in the best interests of the Guarantor to execute this Guaranty inasmuch as the Guarantor will derive substantial direct and indirect benefits from the Credit Extensions made from time to time making of the Additional Term Loans to the Borrowers Borrower by the Lenders and the Issuers Lender Parties pursuant to the Credit Agreement and the execution and delivery of Rate Protection Agreements between the Borrowers or any other Obligor and certain Secured PartiesAgreement, and the Guarantor agrees that the Secured Lender Parties are relying on this representation in agreeing to continue to make Credit Extensions the Additional Term Loans to the BorrowersBorrower.

Appears in 1 contract

Samples: Parent Guaranty (Aegis Communications Group Inc)

Best Interests. It is in the best interests of the Guarantor to execute this Company Guaranty inasmuch as the Guarantor will will, as a result of holding 100% of the Equity Interests, whether directly or indirectly, of each Designated Borrower, derive substantial direct and indirect benefits from the Credit Extensions made from time to time to the Borrowers each Designated 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 Borrowers or any other Obligor and certain Secured PartiesAgreement, and the Guarantor agrees that the Secured Lender Parties are relying on this representation in agreeing to continue to make Credit Extensions to the Borrowersapplicable Designated Borrower.

Appears in 1 contract

Samples: Company Guaranty (Tibco Software Inc)

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

Appears in 1 contract

Samples: Bridge Loan Agreement (Hanesbrands Inc.)

Best Interests. It is in the best interests of the Guarantor to execute this Guaranty inasmuch as the Guarantor will derive substantial direct and indirect benefits from the Credit Extensions made from time to time to the Borrowers Borrower by the Lenders and the Issuers pursuant to the Credit Agreement and the execution and delivery of Rate Protection Agreements between the Borrowers or any other Obligor and certain Secured PartiesAgreement, and the Guarantor agrees that the Secured Parties are relying on this representation in agreeing to continue to make Credit Extensions to the BorrowersBorrower.

Appears in 1 contract

Samples: Parent Guaranty (Hecla Mining Co/De/)

Best Interests. It is in the best interests of the each Guarantor to execute this Guaranty inasmuch in as much as such Guarantor will, as a result of being a Subsidiary of the Guarantor will Borrower, derive substantial direct and indirect benefits from the Credit Extensions made from time to time to the Borrowers Borrower by the Lenders and the Issuers pursuant to the Credit Agreement and the execution and delivery of Rate Protection Lender Hedging Agreements and other Loan Documents between the Borrowers or any other Obligor Borrower and certain Secured Parties, and the each Guarantor agrees that the Secured Parties are relying on this representation in agreeing to continue to make Credit Extensions to the BorrowersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Hecla Mining Co/De/)

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