Common use of Guarantor to Keep Informed Clause in Contracts

Guarantor to Keep Informed. Each Guarantor warrants having established with Borrower adequate means of obtaining, on an ongoing basis, such information as such Guarantor may require concerning all matters bearing on the risk of nonpayment or nonperformance of the Obligations. Each Guarantor assumes sole, continuing responsibility for obtaining such information from sources other than from Bank. Bank has no duty to provide any information to any Guarantor until Bank receives such Guarantor's written request for specific information in Bank's possession and Borrower has authorized Bank to disclose such information to such Guarantor.

Appears in 3 contracts

Samples: Loan Guaranty (Kaiser Ventures Inc), Guaranty and Mandatory DSR Deposit Agreement (Kaiser Ventures Inc), Guaranty and Mandatory Deposit Agreement (Kaiser Ventures Inc)

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Guarantor to Keep Informed. Each Guarantor warrants having established with Borrower adequate means of obtaining, on an ongoing basis, such information as such Guarantor may require concerning all matters bearing on the risk of nonpayment or nonperformance of the Guaranteed Obligations. Each Guarantor assumes sole, continuing responsibility for obtaining such information from sources other than from Bank. Bank has no duty to provide any information to any Guarantor until Bank receives such Guarantor's written request for specific information in Bank's possession and Borrower has authorized Bank to disclose such information to such Guarantor.

Appears in 2 contracts

Samples: Environmental Guaranty Agreement (Kaiser Ventures Inc), Environmental Guaranty Agreement (Kaiser Ventures Inc)

Guarantor to Keep Informed. Each Guarantor warrants having established with Borrower adequate means of obtaining, on an ongoing basis, such information as such Guarantor may require concerning all matters bearing on the risk of nonpayment or nonperformance of the Obligations. Each Guarantor assumes sole, continuing responsibility for obtaining such information from sources other than from Bank. Bank has no duty to provide any information to any Guarantor until Bank receives such Guarantor's written request for specific information in Bank's possession and Borrower has authorized Bank to disclose such information to such Guarantor.

Appears in 2 contracts

Samples: Promissory Note (Compgeeks Inc), Loan Agreement (Ultra Clean Holdings Inc)

Guarantor to Keep Informed. Each Guarantor warrants having established with Borrower adequate means of obtaining, on an ongoing basis, such information as such Guarantor may require concerning all matters bearing on the risk of nonpayment or nonperformance of the Obligations. Each Guarantor assumes sole, continuing responsibility for obtaining such information from sources other than from Agent or any Bank. Neither Agent nor any Bank has no any duty to provide any information to any Guarantor until Agent or such Bank receives such Guarantor's ’s written request for specific information in Bank's ’s possession and Borrower has authorized Bank Agent or such Bank, as applicable, to disclose such information to such Guarantor.

Appears in 2 contracts

Samples: Indemnification & Liability, Indemnification & Liability (McGrath Rentcorp)

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Guarantor to Keep Informed. Each Guarantor warrants having established with Borrower adequate means of obtaining, on an ongoing basis, such information as such Guarantor may require concerning all matters bearing on the risk of nonpayment of the Loan or nonperformance of Borrower’s obligations under the ObligationsAgreement. Each Guarantor assumes sole, continuing responsibility for obtaining such information from sources other than from BankLender. Bank Lender has no duty to provide any information to any Guarantor until Bank Lender receives such Guarantor's ’s written request for specific information in Bank's Lender’s possession and Borrower has authorized Bank Lender to disclose such information to such Guarantor.

Appears in 1 contract

Samples: Commercial Loan Agreement (DERMAdoctor, LLC)

Guarantor to Keep Informed. Each Guarantor warrants having established with Borrower adequate means of obtaining, on an ongoing basis, such information as such Guarantor may require concerning all matters bearing on the risk of nonpayment or nonperformance of the Obligations. Each Guarantor assumes sole, continuing responsibility for obtaining such information from sources other than from Bank. Bank has no duty to provide any information to any Guarantor until Bank receives such Guarantor's written request for specific information in Bank's possession and Borrower has authorized Bank to disclose such information to such Guarantor.

Appears in 1 contract

Samples: Commercial Credit Agreement (Wageworks, Inc.)

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