Relationship to the Borrower. The value of the consideration received and to be received by the Guarantor is reasonably worth at least as much as the liability and obligation of the Guarantor incurred or arising under this Guaranty. The Guarantor has had full and complete access to the Agreement and the Notes and all other loan documents relating to the Obligations and the Guaranteed Debt, has reviewed them and is fully aware of the meaning and effect of their contents. The Guarantor is fully informed of all circumstances which bear upon the risks of executing this Guaranty and which a diligent inquiry would reveal. The Guarantor has adequate means to obtain from the Borrower on a continuing basis information concerning the Borrower's financial condition, and is not depending on the Lender to provide such information, now or in the future. The Guarantor agrees that the Lender shall not have any obligation to advise or notify the Guarantor or to provide the Guarantor with any data or information. The execution and delivery of this Guaranty is not given in consideration of (and the Lender has not in any way implied that the execution of this Guaranty is given in consideration of) the Lender's making, extending or modifying any loan to the Guarantor or to any other financial accommodation to or for the Guarantor.
Relationship to the Borrower. Guarantor has determined that its liability and obligation under this Guaranty may reasonably be expected to substantially benefit it directly or indirectly, and its board of directors (or such board’s duly authorized and appointed designee) or other equivalent body has made that determination. Guarantor is interdependent with the Borrower in the conduct of its business, and the Borrower and the Guarantor do business together as an integrated business enterprise. The maintenance and improvement of the Borrower’s financial condition is vital to sustaining Guarantor’s business, and the transactions contemplated in this Guaranty produce distinct and identifiable financial and economic direct or indirect benefits to Guarantor. Such identifiable benefits include: (a) the availability to Guarantor of the proceeds of the Loans on an as-needed basis by way of intercompany loans and/or capital contributions for general corporate or other purposes, and (b) the general improvement of Guarantor’s financial and economic condition. Guarantor has had full and complete access to the underlying papers relating to the Obligations and all other papers executed by the Borrower or any other Person in connection with the Obligations, has reviewed them and is fully aware of the meaning and effect of their contents. Guarantor is fully informed of all circumstances which bear upon the risks of executing this Guaranty and which a diligent inquiry would reveal. Guarantor has adequate means to obtain from the Borrower on a continuing basis information concerning the Borrower’s financial condition, and is not depending on the Administrative Agent or any Lender to provide such information, now or in the future. Guarantor agrees that neither the Administrative Agent nor any Lender shall have any obligation to advise or notify it or to provide it with any data or information. The execution and delivery of this Guaranty is not a condition precedent (and neither the Administrative Agent nor any Lender has in any way implied that the execution of this Guaranty is a condition precedent) to the making, extending or modifying of any loan or any other financial accommodation to or for Guarantor.
Relationship to the Borrower. The Guarantor is the owner of ---------------------------- 100% of the issued and outstanding capital stock of the Borrower; the agreement of the Beneficiary to make the Loan to the Borrower is of substantial and material benefit to the Guarantor; and the Guarantor has reviewed and approved copies of the Loan Documents and is fully informed of the remedies the Beneficiary may pursue upon the occurrence of an Event of Default in any Loan Document.
Relationship to the Borrower. Each Guarantor has determined that its liability and obligation under this Guaranty may reasonably be expected to substantially benefit it directly or indirectly, and its board of directors (or such board’s duly authorized and appointed designee) or other equivalent body has made that determination. Each Guarantor is interdependent with the Borrower in the conduct of its business, and the Borrower and the Guarantors do business together as an integrated business enterprise. The maintenance and improvement of the Borrower’s financial condition is vital to sustaining each Guarantor’s business, and the transactions contemplated in this Guaranty produce distinct and identifiable financial and economic direct or indirect benefits to each Guarantor. Such identifiable benefits include: (a) the availability to each Guarantor of the proceeds of the Loans on an as-needed basis by way of intercompany loans and/or capital contributions for general corporate or other purposes, and
