Consideration for Guaranty. Guarantor acknowledges and agrees with Vicis that but for the execution and delivery of this Guaranty by Guarantor, Vicis would not have made the Loan. Guarantor acknowledges and agrees that the Loan Agreement will result in significant benefit to Guarantor who is the wholly-owned subsidiary of Borrower and the intended beneficiary of the Loan.
Appears in 7 contracts
Samples: Securities Purchase and Exchange Agreement (Medical Solutions Management Inc.), Guaranty Agreement (Medical Media Television, Inc.), Guaranty Agreement (Medical Media Television, Inc.)