Common use of Financial or Other Benefit or Advantage Clause in Contracts

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.

Appears in 5 contracts

Samples: Guaranty (Wsi Industries, Inc.), Guaranty (Wsi Industries, Inc.), Guaranty (Wsi Industries, Inc.)

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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 Notes 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 Lenders to Borrower in connection with the LoanNotes.

Appears in 1 contract

Samples: Guaranty (Equitex Inc)

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Financial or Other Benefit or Advantage. Each Guarantor hereby acknowledges and warrants that Guarantor it has derived or expects to derive a financial or other benefit or advantage from the Loan 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 Lender to the Borrower in connection with the LoanLoan Agreement.

Appears in 1 contract

Samples: Subsidiary Guarantee (Physicians Formula Holdings, Inc.)

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