Consideration for Guaranty. The Guarantor acknowledges and agrees with Lender that, but for the execution and delivery of this Validity Guaranty by the Guarantor, Lender would not have entered into the Credit Agreement. The Guarantor acknowledges and agrees that the loans and other extensions of credit made to Borrower by Lender under the Credit Agreement will result in significant benefits to the Guarantor.
Appears in 4 contracts
Samples: Secured Revolving Credit Facility Agreement (RiceBran Technologies), Security Agreement (Sunpeaks Ventures, Inc.), Guaranty Agreement (Sunpeaks Ventures, Inc.)
Consideration for Guaranty. The Guarantor acknowledges and agrees with Lender that, that but for the execution and delivery of this Validity Guaranty by the such Guarantor, Lender would not have entered into the Credit Agreement. The Guarantor acknowledges and agrees that the loans and other extensions of credit made to Borrower the Borrowers by Lender under the Credit Agreement will result in significant benefits benefit to the such Guarantor.
Appears in 2 contracts
Samples: Guaranty (National Automation Services Inc), Guaranty (National Automation Services Inc)
Consideration for Guaranty. The Guarantor acknowledges and agrees with the Lender that, that but for the execution and delivery of this Validity Guaranty by the Guarantor, the Lender would not have entered into the Credit Agreement. The Guarantor acknowledges and agrees that the loans and other extensions of credit made to Borrower the Borrowers by the Lender under the Credit Agreement will result in significant benefits benefit to the Guarantor.
Appears in 2 contracts
Samples: Personal Guaranty (National Automation Services Inc), Personal Guaranty (National Automation Services Inc)
Consideration for Guaranty. The Guarantor acknowledges Guarantors acknowledge and agrees agree with Lender that, but for the execution and delivery of this Validity Guaranty by the GuarantorGuarantors, Lender would not have entered into the Credit Agreement. The Guarantor Guarantors acknowledges and agrees that the loans and other extensions of credit made to Borrower by Lender under the Credit Agreement will result in significant benefits to the GuarantorGuarantors.
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Consideration for Guaranty. The Guarantor acknowledges and agrees with Lender that, Creditor that but for the execution and delivery of this Validity Guaranty by the Guarantor, Lender Creditor would not have entered into the Credit AgreementNote. The Guarantor acknowledges and agrees that the loans and other extensions of credit made to Borrower by Lender under the Credit Agreement Note will result in significant benefits benefit to the Guarantor.
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