Common use of Guarantor Acknowledgements Clause in Contracts

Guarantor Acknowledgements. The Guarantor hereby acknowledges that (a) counsel has advised the Guarantor in the negotiation, execution and delivery of this Guaranty, (b) the Agent and the Banks have no fiduciary relationship to the Guarantor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Guarantor and the Agent or the Banks.

Appears in 4 contracts

Samples: Credit Agreement (Lecg Corp), Credit Agreement (Lecg Corp), Credit Agreement (Lecg Corp)

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Guarantor Acknowledgements. The Guarantor Guarantors hereby acknowledges acknowledge that (a) counsel has advised the Guarantor Guarantors in the negotiation, execution and delivery of this Guaranty, (b) neither the Agent and the Banks have no Trustee nor any Holder has a fiduciary relationship to the any Guarantor, the each such relationship being solely that of debtor obligor and creditor, and (c) no joint venture exists between the any Guarantor and the Agent Trustee or the Banksany Guarantor and any Holder.

Appears in 3 contracts

Samples: Guaranty (Vitesse Semiconductor Corp), Guaranty (Vitesse Semiconductor Corp), Guaranty (Vitesse Semiconductor Sales Corp)

Guarantor Acknowledgements. The Guarantor hereby acknowledges that (a) counsel has advised the Guarantor in the negotiation, execution and delivery of this Guaranty, (b) the Agent and the Banks have Lender has no fiduciary relationship to the Guarantor, Guarantor the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Guarantor and the Agent or the BanksLender.

Appears in 2 contracts

Samples: Guaranty (Electromed, Inc.), Guaranty (Quantum Fuel Systems Technologies Worldwide Inc)

Guarantor Acknowledgements. The Guarantor hereby acknowledges that (a) counsel has advised the Guarantor in the negotiation, execution and delivery of this Guaranty, (b) the Agent and the Banks have Bank has no fiduciary relationship to the Guarantor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Guarantor and the Agent or the BanksBank.

Appears in 2 contracts

Samples: Guaranty (Entegris Inc), Credit Agreement (Pilgrim America Capital Corp)

Guarantor Acknowledgements. The Guarantor hereby acknowledges that (a) counsel has advised the Guarantor in the negotiation, execution and delivery of this Guaranty, (b) the Agent and the Banks have Bank has no fiduciary relationship to the Guarantor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Guarantor and the Agent or the BanksBank.

Appears in 1 contract

Samples: Credit Agreement (Norstan Inc)

Guarantor Acknowledgements. The Each Guarantor hereby acknowledges that (a) counsel has advised the such Guarantor in the negotiation, execution execution, and delivery of this Guaranty, (b) the Administrative Agent and the Banks have has no any fiduciary relationship to the any Guarantor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the any Guarantor and the Agent or the BanksAdministrative Agent.

Appears in 1 contract

Samples: Guaranty (Cabelas Inc)

Guarantor Acknowledgements. The Guarantor hereby acknowledges that (a) counsel has advised the Guarantor in the negotiation, execution and delivery of this Guaranty, (b) the Agent Banks and the Banks Agent have no fiduciary relationship to the Guarantor, the relationship being solely that of debtor and creditorcreditors, and (c) no joint venture exists between the Guarantor Guarantor, the Banks and the Agent or the BanksAgent.

Appears in 1 contract

Samples: Credit Agreement (Pilgrim America Capital Corp)

Guarantor Acknowledgements. The Guarantor hereby acknowledges that (a) it has been advised by counsel has advised the Guarantor in the negotiation, execution and delivery of this Guaranty, (b) the Agent and the Banks have has no fiduciary relationship to the Guarantor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Guarantor and the Agent or the Banks.being

Appears in 1 contract

Samples: Guaranty (PSF Group Holdings Inc)

Guarantor Acknowledgements. The Guarantor hereby -------------------------- acknowledges that (a) counsel has advised the Guarantor in the negotiation, execution and delivery of this Guaranty, (b) the Agent and the Banks Lenders have no fiduciary relationship to the Guarantor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Guarantor and the Agent or the BanksLenders.

Appears in 1 contract

Samples: Guaranty (Matrix Bancorp Inc)

Guarantor Acknowledgements. The Guarantor hereby acknowledges that (a) counsel has advised the Guarantor in the negotiation, execution and delivery of this Guaranty, (b) the Administrative Agent and the Banks have has no fiduciary relationship to the Guarantor, the relationship being solely that of debtor obligor and creditor, creditor and (c) no joint venture exists between the Guarantor and the Agent or the BanksAdministrative Agent.

Appears in 1 contract

Samples: Continuing Guaranty (Universal Electronics Inc)

Guarantor Acknowledgements. The Guarantor Guarantors hereby acknowledges acknowledge that (a) counsel has advised the Guarantor Guarantors in the negotiation, execution and delivery of this Guaranty, (b) the Agent and the Banks have Lender has no fiduciary relationship to the Guarantor, Guarantors the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Guarantor Guarantors and the Agent or the BanksLender.

Appears in 1 contract

Samples: Guaranty (Easton Southpaw INC)

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Guarantor Acknowledgements. The Each Guarantor hereby acknowledges that (a) counsel has advised the such Guarantor in the negotiation, execution and delivery of this Guaranty, (b) neither the Agent and the Banks have no nor any Lender has any fiduciary relationship to the Guarantor, such Guarantor the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the such Guarantor and the Agent or the Banksany Lender.

Appears in 1 contract

Samples: Guaranty (Quantum Fuel Systems Technologies Worldwide Inc)

Guarantor Acknowledgements. The Guarantor hereby acknowledges that (a) counsel has advised the Guarantor in the negotiation, execution and delivery of this Guaranty, (b) the Agent and the Banks have Lender has no fiduciary relationship to the Guarantor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Guarantor and the Agent or the BanksLender.

Appears in 1 contract

Samples: Financing Agreement (Futech Interactive Products Inc)

Guarantor Acknowledgements. The Guarantor hereby acknowledges that (a) counsel has advised the Guarantor in the negotiation, execution and delivery of this Guaranty, (b) the Agent and the Banks have Minnetronix has no fiduciary relationship to the Guarantor, Guarantor the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Guarantor and the Agent or the BanksMinnetronix.

Appears in 1 contract

Samples: Business Agreement (Nuvectra Corp)

Guarantor Acknowledgements. The Guarantor hereby acknowledges that (a) counsel has advised the Guarantor in the negotiation, execution and delivery of this Guaranty, (b) neither the Agent and the Banks have no nor any Bank has any fiduciary relationship to the Guarantor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Guarantor and the Agent or and the Banks.

Appears in 1 contract

Samples: Credit Agreement (Buffets Inc)

Guarantor Acknowledgements. The Guarantor hereby acknowledges that (a) counsel has advised the Guarantor in the negotiation, execution and delivery of this Guaranty, (b) the Agent and the Banks have b)Bank has no fiduciary relationship to the Guarantor, the relationship being solely that of debtor and creditor, and (c) no joint venture exists between the Guarantor and the Agent or the BanksRepublic.

Appears in 1 contract

Samples: Guaranty (Tech Squared Inc)

Guarantor Acknowledgements. The Each Guarantor hereby acknowledges that (a) counsel has advised the Guarantor Guarantors in the negotiation, execution and delivery of this Guaranty, (b) the Agent and the Banks have Lender has no fiduciary relationship to the GuarantorGuarantors, the relationship being solely that of debtor obligor and creditor, and (c) no joint venture exists between the Guarantor Guarantors and the Agent or the BanksLender.

Appears in 1 contract

Samples: Guaranty (Gaming Partners International CORP)

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