Commercial Benefit Sample Clauses

Commercial Benefit. Each Loan Party acknowledges that the entry into and performance by such Loan Party of its obligations under the Loan Documents to which it is a party is for such Loan Party’s commercial benefit.

Commercial Benefit. The entering into and performance by each Credit Party of its obligations under the Loan Documents to which it is expressed to be a party is for its commercial benefit.

Commercial Benefit. The entry into this document is for each Loan Party’s commercial benefit.

Commercial Benefit. In relation to each Australian Loan Party, the entry into each Loan Document to which it is a party is for such Australian Loan Party’s commercial benefit.

Commercial Benefit. If there was or is no commercial benefit, an Agreement to the extent it constitutes a guarantee, indemnity or other third party security interest will be vulnerable to challenge and may be set aside by the shareholders or a liquidator or creditor of the company providing the guarantee, indemnity or security interest and any payments made under them may be required to be repaid; we express no opinion as to whether there was or is any such commercial benefit.

Commercial Benefit the giving of this Guarantee by the Guarantor is to the commercial benefit of the Guarantor in that each Borrower is a 100% owned Subsidiary of the Guarantor and that by lending its support to the Borrowers through this Guarantee it furthers its own business interests within the scope of its constitutional documents;

Commercial Benefit. The entering into and performance by it of its obligations under the Finance Documents to which it is expressed to be a party is for its commercial benefit and is in its commercial interests.

Commercial Benefit. Such Guarantor will receive direct and indirect benefits from the financing arrangements contemplated by the Note Agreement, and the Board of Directors (or equivalent body) of such Guarantor has determined that the incurrence of its obligations under this Guaranty Agreement is in the best interests of such Guarantor.

Commercial Benefit. The Guarantor will derive a commercial benefit from the execution and delivery of this Guarantee Deed.

Commercial Benefit. That the Transaction is for bona fide commercial purposes, on arm’s length terms and for the benefit of each party thereto and are in those parties’ respective commercial interests and for their respective corporate benefit.