Financial or Other Benefit or Advantage. Guarantor hereby acknowledges and warrants that Guarantor has derived or expects to derive a financial or other benefit or advantage from the Loan and from each and every renewal, extension, release of collateral or other relinquishment of legal rights made or granted or to be made or granted by Lender to Borrower in connection with the Loan.
Financial or Other Benefit or Advantage. Each Guarantor hereby acknowledges and warrants that each Guarantor has derived or expects to derive a financial or other benefit from the Project.
Financial or Other Benefit or Advantage. Each Guarantor hereby acknowledges and warrants that each Guarantor has derived or expects to derive a material financial or other benefit from the Project. All of the foregoing representations and warranties shall be continuing until the end of the Guaranty Period. Guarantor hereby agrees to indemnify and hold LHC free and harmless from and against all loss, cost, liability, damage, and expense, including reasonable attorney’s fees and costs, which LHC may sustain by reason of the inaccuracy or breach of any of the foregoing representations and warranties as of the date the foregoing representations and warranties are made and are remade. Guarantor further agrees and acknowledges that it has the affirmative obligation to, and will, immediately notify LHC if any of the representations or warranties set forth above become false or untrue in any way or respect.
Financial or Other Benefit or Advantage. Guarantor hereby acknowledges and warrants that it has derived or expects to derive a financial or other benefit or advantage from the Lease.
Financial or Other Benefit or Advantage. Each Guarantor hereby acknowledges and warrants that such Guarantor has derived or expects to derive a financial or other benefit or advantage from the credit facilities extended to the Borrower under the Credit Agreement and from each and every renewal, extension or other relinquishment of legal rights made or granted or to be made or granted by the Administrative Agent or any Lender to the Borrower in connection with such credit facilities. Each Guarantor acknowledges that Borrower is not merely the agent, instrumentality or alter ego of such Guarantor, and that the Borrower is independent and separate business entities, fully and adequately capitalized for its own business purposes.
Financial or Other Benefit or Advantage. Each Guarantor hereby acknowledges and warrants that each Guarantor has derived or expects to derive a material financial or other benefit from the Project. All statements set forth in the Preliminary Recitals are true and correct in all material respects. All of the foregoing representations and warranties shall be continuing until the Indebtedness is paid in full. Guarantor hereby agrees to indemnify and hold LHC free and harmless from and against all loss, cost, liability, damage, and expense, including reasonable attorney’s fees and costs, which LHC may sustain by reason of the inaccuracy or breach of any of the foregoing representations and warranties as of the date the foregoing representations and warranties are made and are remade. Guarantor further agrees and acknowledges that it has the affirmative obligation to, and will, immediately notify LHC if any of the representations or warranties set forth above become false or untrue in any way or respect.
Financial or Other Benefit or Advantage. Guarantor hereby acknowledges and warrants that Guarantor has derived or expects to derive a financial or other benefit or advantage from the Loan and from each and every renewal, extension, release of collateral or other relinquishment of legal rights made or granted or to be made or granted by Agent to Borrower in connection with the Loan. Guarantor acknowledges that Borrower is not merely the Agent, instrumentality or alter ego of Guarantor, and that Borrower is an independent and separate business entity, fully and adequately capitalized for its own business purposes. L’Auberge de Sonoma - 12 - Completion Guaranty
Financial or Other Benefit or Advantage. Guarantor hereby acknowledges and warrants that (i) it has derived or expects to derive a financial or other benefit or advantage from the Loan and from each and every renewal, extension, release of collateral or other relinquishment of legal rights made or granted by Lender to Borrower in connecting with the Loan, and (ii) Lender would not make the Loan but for this Guaranty.
Financial or Other Benefit or Advantage. The Guarantor hereby acknowledges and warrants that it has derived or expects to derive a financial or other benefit or advantage from the Credit Agreement and from each and every renewal, extension, release of collateral or other relinquishment of legal rights made or granted or to be made or granted by the Lenders to the Borrower in connection with the Credit Agreement.
