Common use of Relationship of Borrowers Clause in Contracts

Relationship of Borrowers. Each Borrower represents that it expects to derive benefits from the extension of credit accommodations to the Borrowers by the Lender and finds it advantageous, desirable and in its best interests to execute and deliver this Agreement and the Note to the Lender.

Appears in 4 contracts

Samples: Master Loan Agreement (PDS Financial Corp), Master Loan Agreement (PDS Financial Corp), Master Loan Agreement (PDS Financial Corp)

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Relationship of Borrowers. Each Borrower represents that it expects to derive benefits from the extension of credit accommodations to the Borrowers by the Lead Lender and finds it advantageous, desirable and in its best interests to execute and deliver this Agreement and the Note to the Lead Lender.

Appears in 2 contracts

Samples: Loan Agreement (PDS Gaming Corp), Master Loan Agreement (PDS Gaming Corp)

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Relationship of Borrowers. Each Borrower represents that it expects to derive benefits from the extension of credit accommodations to the Borrowers each Borrower by the Lender Bank, and finds it advantageous, desirable and in its best interests to execute and deliver this Agreement and the Note Notes to the LenderBank.

Appears in 1 contract

Samples: Credit Agreement (MGC DIAGNOSTICS Corp)

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