Common use of Relationship to Borrower Clause in Contracts

Relationship to Borrower. The consideration received or to be received by Guarantor as a result of the Loan is worth as much or more than the liabilities and obligations incurred by Guarantor under this Guaranty. Guarantor has had full and complete access to the Agreement and the Note and all other Loan Documents relating to the Guaranteed Debt, has reviewed them and is fully aware of the meaning and effect of those documents. Guarantor is fully informed of all facts and circumstances that bear upon the risks of executing this Guaranty, including all facts that a diligent inquiry would reveal. Guarantor has the ability to obtain from Borrower on a continuing basis information concerning Borrower's financial condition, and Guarantor is not relying on Lender to provide such information. Except as specifically required by this Guaranty, Lender has no obligation to advise or notify Guarantor or to provide Guarantor with any data or information about Borrower. Lender has not agreed to make, extend or modify any loan or other financial accommodation to or for Guarantor in consideration of Guarantor's execution and delivery of this Guaranty.

Appears in 2 contracts

Samples: Guaranty (MortgageIT Holdings, Inc.), Guaranty (American Business Financial Services Inc /De/)

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Relationship to Borrower. The consideration received or to be received by Guarantor as a result of the Loan is worth as much or more than the liabilities and obligations incurred by Guarantor under this Guaranty. Guarantor has had full and complete access to the Agreement and the Note Notes and all other Loan Documents relating to the Guaranteed Debt, has reviewed them and is fully aware of the meaning and effect of those documents. Guarantor is fully informed of all facts and circumstances that bear upon the risks of executing this Guaranty, including all facts that a diligent inquiry would reveal. Guarantor has the ability to obtain from Borrower on a continuing basis information concerning Borrower's financial condition, and Guarantor is not relying on Lender Lenders to provide such information. Except as specifically required by this Guaranty, Lender Lenders has no obligation to advise or notify Guarantor or to provide Guarantor with any data or information about Borrower. Lender has Lenders have not agreed to make, extend or modify any loan or other financial accommodation to or for Guarantor in consideration of Guarantor's execution and delivery of this Guaranty.

Appears in 1 contract

Samples: Guaranty (American Home Mortgage Holdings Inc)

Relationship to Borrower. The consideration received or to be received by Guarantor as a result of the Loan is worth as much or more than the liabilities and obligations incurred by Guarantor under this Guaranty. Guarantor has had full and complete access to the Agreement and the Note NoteN and all other Loan Documents relating to the Guaranteed Debt, has reviewed them and is fully aware of the meaning and effect of those documents. Guarantor is fully informed of all facts and circumstances that bear upon the risks of executing this Guaranty, including all facts that a diligent inquiry would reveal. Guarantor has the ability to obtain from Borrower on a continuing basis information concerning Borrower's financial condition, and Guarantor is not relying on Lender to provide such information. Except as specifically required by this Guaranty, Lender has no obligation to advise or notify Guarantor or to provide Guarantor with any data or information about Borrower. Lender has not agreed to make, extend or modify any loan or other financial accommodation to or for Guarantor in consideration of Guarantor's execution and delivery of this Guaranty.

Appears in 1 contract

Samples: Guaranty (MortgageIT Holdings, Inc.)

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Relationship to Borrower. The consideration received or to be received by Guarantor as a result of the Loan is worth as much or more than the liabilities and obligations incurred by Guarantor under this Guaranty. Guarantor has had full and complete access to the Agreement and the Note and all other Loan Documents relating to the Guaranteed Debt, has reviewed them and is fully aware of the meaning and effect of those documents. Guarantor is fully informed of all facts and circumstances that bear upon the risks of executing this Guaranty, including all facts that a diligent inquiry would reveal. Guarantor has the ability to obtain from Borrower on a continuing basis information concerning Borrower's ’s financial condition, and Guarantor is not relying on Lender to provide such information. Except as specifically required by this Guaranty, Lender has no obligation to advise or notify Guarantor or to provide Guarantor with any data or information about Borrower. Lender has not agreed to make, extend or modify any loan or other financial accommodation to or for Guarantor in consideration of Guarantor's ’s execution and delivery of this Guaranty.

Appears in 1 contract

Samples: Guaranty (Fleetwood Enterprises Inc/De/)

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