Examples of Entity Guarantors in a sentence
The Obligations, and any of them, shall conclusively be deemed to have been created, contracted or incurred, or renewed, extended, amended or waived, in reliance upon this Article VI and all dealings between Borrower and any of the Entity Guarantors, on the one hand, and the Secured Parties, on the other hand, likewise shall be conclusively presumed to have been had or consummated in reliance upon this Article VI.
The Entity Guarantors are single purpose entities whose sole purpose is to own the Stock, engaging in the transactions contemplated hereby, and conducting other activities incidental to their continued existence and compliance with the requirements hereof.
Except for the Florida Entities, Borrower and all Entity Guarantors shall maintain with Lender each of their primary operating and store deposit accounts, so long as Lender has a branch within five (5) miles of such store, and at the option of Lender, shall enter into agreements permitting the Lender to deposit all advances made hereunder and debit all fees, charges and expenses in respect of the Obligations.
Borrower's and each Entity Guarantor's state of organization is Nevada.
Borrower has good title to the membership interests of the Entity Guarantors free and clear of Liens other than those of the Bank.