Common use of Relationship to the Contractor Clause in Contracts

Relationship to the Contractor. As of the date hereof, the Guarantor is the owner, directly or through one or more wholly-owned subsidiaries, of all of the issued and outstanding capital stock of the Contractor; the agreement of the Purchaser to enter into the Contract with the Contractor is of substantial and material benefit to the Guarantor; and the Guarantor has reviewed and approved copies of the Contract and all other related documents and is fully informed of the remedies the Purchaser may pursue upon the occurrence of a default under the Contract. This Guaranty will remain in full force and effect if Contractor ceases to be a direct or indirect subsidiary of Guarantor.