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 Creditor in order to accomplish its stated purpose.
Appears in 2 contracts
Samples: Term Loan Agreement (Mandalay Resort Group), Revolving 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, this Subsidiary Guaranty shall be construed strictly in favor of Creditor Lender in order to accomplish its stated purpose.
Appears in 2 contracts
Samples: Loan Agreement (Circus Circus Enterprises Inc), Loan Agreement (Circus Circus Enterprises Inc)
Construction of this Guaranty. This Subsidiary Guaranty is intended to give rise to absolute and unconditional obligations on the part of each the 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 Creditor the Bank, as the case may be, in order to accomplish its stated purpose.
Appears in 2 contracts
Samples: Subsidiary Guaranty (Virco MFG Corporation), Subsidiary Guaranty (Virco MFG Corporation)
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 Creditor Bank in order to accomplish its stated purpose.
Appears in 1 contract
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 Creditor in order to accomplish its stated purpose.
Appears in 1 contract
Samples: Capital Markets 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 Creditor Lender in order to accomplish its stated purpose.
Appears in 1 contract
Samples: Subsidiary Guaranty (Central Financial Acceptance Corp)
