Common use of Material Economic Benefit Clause in Contracts

Material Economic Benefit. The granting of the Loan to Borrower will constitute a material economic benefit to Guarantor.

Appears in 9 contracts

Samples: Completion Guaranty Agreement (Lodging Fund REIT III, Inc.), Limited Guaranty (Procaccianti Hotel Reit, Inc.), Cedar Realty Trust, Inc.

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Material Economic Benefit. The granting making of the Loan to Borrower Loans will constitute a material economic benefit to such Guarantor.; and

Appears in 8 contracts

Samples: Guaranty and Security Agreement, Guaranty and Security Agreement, Limited Guaranty and Security Agreement

Material Economic Benefit. The granting of the Loan to Borrower will constitute a material economic benefit to Guarantor.; and

Appears in 2 contracts

Samples: Praecis Pharmaceuticals Inc, Praecis Pharmaceuticals Inc

Material Economic Benefit. The granting of the Loan to Borrower will constitute a material economic benefit to each Guarantor inasmuch as Borrower is the corporate parent of each Guarantor.

Appears in 2 contracts

Samples: 364 Day Revolving Credit Agreement (Energy Network Inc), Credit Agreement (Energy Network Inc)

Material Economic Benefit. The granting of the Loan to Borrower the Borrowers will constitute a material economic benefit to Guarantor.

Appears in 1 contract

Samples: Guaranty Agreement (Griffin Capital Essential Asset REIT, Inc.)

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Material Economic Benefit. The granting of the Loan to Borrower will constitute a material economic benefit to each Guarantor.

Appears in 1 contract

Samples: Guaranty (Assisted 4 Living, Inc.)

Material Economic Benefit. The granting of the Loan Loans to Borrower will constitute a material economic benefit to Guarantorsuch Guarantor inasmuch as such Guarantor directly or indirectly owns the ownership interests of Borrower.

Appears in 1 contract

Samples: Guaranty Agreement (TNP Strategic Retail Trust, Inc.)

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