Consideration for Guaranty. Guarantor acknowledges and agrees with Lender that but for the execution and delivery of this Guaranty by Guarantor, Lender would not made the Loan to the Borrowers. Guarantor acknowledges and agrees that the proceeds of the Loan will result in significant benefit to Guarantor, which is either a direct or an indirect wholly-owned subsidiary of MDwerks and or intended beneficiary of such proceeds.
Appears in 8 contracts
Samples: Guaranty Agreement (MDwerks, Inc.), Guaranty Agreement (MDwerks, Inc.), Guaranty Agreement (MDwerks, Inc.)
