Common use of Construction of this Guaranty Clause in Contracts

Construction of this Guaranty. This Subsidiary Guaranty is intended to give rise to absolute and unconditional obligations on the part of each Guarantor; hence, in any construction hereof, this Subsidiary Guaranty shall be construed strictly in favor of Lender in order to accomplish its stated purpose. 17.

Appears in 2 contracts

Samples: Loan Agreement (Circus Circus Enterprises Inc), Loan Agreement (Circus Circus Enterprises Inc)

AutoNDA by SimpleDocs

Construction of this Guaranty. This Subsidiary Guaranty is intended to give rise to absolute and unconditional obligations on the part of each Guarantor; hence, in any construction hereof, this Subsidiary Guaranty shall be construed strictly in favor of Lender Creditor in order to accomplish its stated purpose. 17.

Appears in 2 contracts

Samples: Revolving Loan Agreement (Mandalay Resort Group), Term Loan Agreement (Mandalay Resort Group)

Construction of this Guaranty. This Subsidiary 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 Subsidiary Guaranty shall be construed strictly in favor of Lender Bank in order to accomplish its stated purpose. 17.

Appears in 1 contract

Samples: Credit Agreement (Korn Ferry International)

Construction of this Guaranty. This Subsidiary 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 Subsidiary Guaranty shall be construed strictly in favor of Lender in order to accomplish its stated purpose. 17.

Appears in 1 contract

Samples: Subsidiary Guaranty (Central Financial Acceptance Corp)

AutoNDA by SimpleDocs

Construction of this Guaranty. This Subsidiary Guaranty is intended to give rise to absolute and unconditional obligations unconditionalobligations on the part of each Guarantor; hence, in any construction hereof, this Subsidiary Guaranty shall be construed strictly in favor of Lender Creditor in order to accomplish its stated purpose. 17.

Appears in 1 contract

Samples: Term Loan Agreement (Mandalay Resort Group)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!