Common use of Substantial Benefits Clause in Contracts

Substantial Benefits. The Credit Extensions provided to or for the benefit of the Borrowers hereunder by Lending Parties have been and are to be contemporaneously used for the benefit of the Borrowers and each Subsidiary Guarantor. It is the position, intent and expectation of the parties that each Borrower and each Subsidiary Guarantor have derived and will derive significant and substantial direct and indirect benefits from the Credit Extensions to be made available by Lending Parties under the Loan Documents.

Substantial Benefits. The Credit Extensions provided to or for the benefit of the Borrowers hereunder by Lending Parties have been and are to be contemporaneously used for the benefit of the Borrowers each Borrower and each Subsidiary Guarantorof the other Loan Parties. It is the position, intent and expectation of the parties that each Borrower and each Subsidiary Guarantor other Loan Party have derived and will derive significant and substantial direct and indirect benefits from the Credit Extensions to be made available by Lending Parties under the Loan Documents.