Guarantor’s Financial Condition. As of the date hereof, and after giving effect to this Guaranty and the contingent obligation evidenced hereby, Guarantor is, and will be, solvent, and has and will have assets which, fairly valued, exceed its obligations, liabilities (including contingent liabilities) and debts, and has and will have property and assets sufficient to satisfy and repay its obligations and liabilities. There have been no (a) assignment made for the benefit of Guarantor’s creditors, (b) appointment of a receiver for Guarantor or for Guarantor’s properties, or (c) bankruptcy, reorganization, or liquidation proceeding instituted by or against Guarantor.
Appears in 3 contracts
Samples: Guaranty (Strategic Storage Trust, Inc.), Guaranty (Maguire Properties Inc), Guaranty (NNN Healthcare/Office REIT, Inc.)
Guarantor’s Financial Condition. As of the date hereof, and after giving effect to this Guaranty and the contingent obligation evidenced hereby, Guarantor is, and will be, solvent, and has and will have assets which, fairly valued, exceed its obligations, liabilities (including contingent liabilities) and debts, and has and will have property and assets sufficient to satisfy and repay its obligations and liabilities. There have been no (a) assignment made for the benefit of Guarantor’s 's creditors, (b) appointment of a receiver for Guarantor or for Guarantor’s 's properties, or (c) bankruptcy, reorganization, or liquidation proceeding instituted by or against Guarantor.
Appears in 2 contracts
Samples: Guaranty (NNN Healthcare/Office REIT, Inc.), Guaranty (NNN Healthcare/Office REIT, Inc.)