Common use of Construction of this Guaranty Clause in Contracts

Construction of this Guaranty. This Guaranty is intended to give rise to absolute and unconditional obligations on the part of Guarantor; hence, in any construction hereof, notwithstanding any provision of any Loan Document to the contrary, this Guaranty shall be construed strictly in favor of Beneficiary in order to accomplish its stated purpose.

Appears in 5 contracts

Samples: Guaranty (Herbst Gaming Inc), Guaranty (Herbst Gaming Inc), Guaranty (Herbst Gaming Inc)

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Construction of this Guaranty. This Guaranty is intended to give rise to absolute and unconditional obligations on the part of each Guarantor; hence, in any construction hereof, notwithstanding any provision of any Loan Document to the contrary, this Guaranty shall be construed strictly in favor of Beneficiary Secured Party in order to accomplish its stated purpose.

Appears in 3 contracts

Samples: Credit Agreement (Pinnacle Entertainment Inc), Credit Agreement (Pinnacle Entertainment Inc), Credit Agreement (Pinnacle Entertainment Inc)

Construction of this Guaranty. This Guaranty is intended to give rise to absolute and unconditional obligations on the part of each Guarantor; hence, in any construction hereof, notwithstanding any provision of any Loan Transaction Document to the contrary, this Guaranty shall be construed strictly in favor of Beneficiary in order to accomplish its stated purpose.

Appears in 2 contracts

Samples: Guaranty, Guaranty (CityCenter Holdings, LLC)

Construction of this Guaranty. This Guaranty is intended to give rise to absolute and unconditional obligations on the part of Guarantor; hence, in any construction hereof, notwithstanding any provision of any Loan Document loan document to the contrary, this Guaranty shall be construed strictly in favor of Beneficiary Lender in order to accomplish its stated purpose.

Appears in 2 contracts

Samples: 364 Day Loan Agreement (Harrahs Entertainment Inc), Loan Agreement (Harrahs Entertainment Inc)

Construction of this Guaranty. This Guaranty is intended to give rise to absolute and unconditional obligations on the part of GuarantorGuarantors; hence, in any construction hereof, notwithstanding any provision of any Loan Document to the contrary, this Guaranty shall be construed strictly in favor of Beneficiary Lender in order to accomplish its stated purpose.

Appears in 1 contract

Samples: Guaranty (NGA Holdco, LLC)

Construction of this Guaranty. This Guaranty is intended to give rise to absolute and unconditional obligations on the part of Guarantor; hence, in any construction hereof, notwithstanding any provision of any Loan Document other document to the contrary, this Guaranty shall be construed strictly in favor of Beneficiary Purchaser in order to accomplish its stated purpose.

Appears in 1 contract

Samples: Guaranty (Royal Precision Inc)

Construction of this Guaranty. This Guaranty is intended to give rise to absolute and unconditional obligations on the part of each Guarantor; hence, in any construction hereof, notwithstanding any provision of any Loan Document to the contrary, this Guaranty shall be construed strictly in favor of Beneficiary in order to accomplish its stated purpose.

Appears in 1 contract

Samples: Credit Agreement (MGM Resorts International)

Construction of this Guaranty. This Guaranty is intended to give rise to absolute and unconditional obligations on the part of each Guarantor; hence, in any construction hereof, notwithstanding any provision of any Loan Document to the contrary, this Guaranty shall be construed strictly in favor of Beneficiary Banks in order to accomplish its stated purpose.

Appears in 1 contract

Samples: Credit Agreement (Reliance Steel & Aluminum Co)

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Construction of this Guaranty. This Guaranty is intended to give rise to absolute and unconditional obligations on the part of each Guarantor; hence, in any construction hereof, notwithstanding any provision of any Loan Document to the contrary, this Guaranty shall be construed strictly in favor of Beneficiary the Lender in order to accomplish its stated purpose.

Appears in 1 contract

Samples: Credit Agreement (Reliance Steel & Aluminum Co)

Construction of this Guaranty. This Guaranty is intended to give rise to absolute and unconditional obligations on the part of Guarantor; hence, in any construction hereof, notwithstanding any provision of any Loan Transaction Document to the contrary, this Guaranty shall be construed strictly in favor of Beneficiary in order to accomplish its stated purpose.

Appears in 1 contract

Samples: Guaranty (CityCenter Holdings, LLC)

Construction of this Guaranty. This Guaranty is intended to give rise to absolute and unconditional obligations on the part of Guarantor; hence, in any construction hereof, notwithstanding any provision of any Loan Document the Credit Agreement to the contrary, this Guaranty shall be construed strictly in favor of Beneficiary Lender in order to accomplish its stated purpose.

Appears in 1 contract

Samples: Guaranty (Harrahs Entertainment Inc)

Construction of this Guaranty. This Guaranty is intended to give rise to absolute and unconditional obligations on the part of each Guarantor; hence, in any construction hereof, notwithstanding any provision of any Loan Document to the contrary, this Guaranty shall be construed strictly in favor of Beneficiary Lenders in order to accomplish its stated purpose.

Appears in 1 contract

Samples: Credit Agreement (Reliance Steel & Aluminum Co)

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