Common use of Benefit of Guaranty Clause in Contracts

Benefit of Guaranty. Each Co-Borrower agrees that the provisions of this Section 16 are for the benefit of Lender and its successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Co-Borrower and the Lender, the obligations of such other Co-Borrower under the Loan Documents.

Appears in 7 contracts

Samples: Venture Loan and Security Agreement (Catasys, Inc.), Venture Loan and Security Agreement (vTv Therapeutics Inc.), Venture Loan and Security Agreement (Catasys, Inc.)

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Benefit of Guaranty. Each Co-Borrower agrees that the provisions of this Section 16 are for the benefit of Lender Lenders and its their successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Co-Borrower and the LenderLenders, the obligations of such other Co-Borrower under the Loan Documents.

Appears in 3 contracts

Samples: Loan and Security Agreement (Cerecor Inc.), Loan Agreement (Environmental Impact Acquisition Corp), Venture Loan and Security Agreement (Stealth BioTherapeutics Corp)

Benefit of Guaranty. Each Co-Borrower agrees that the provisions of this Section 16 15 are for the benefit of Lender and its successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Co-Borrower and the Lender, the obligations of such other Co-Borrower under the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Blue Star Foods Corp.)

Benefit of Guaranty. Each Co-Borrower agrees that the provisions of this Section 16 are for the benefit of Lender the Administrative Agent and its Lenders and their respective successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Co-Borrower and the LenderAdministrative Agent or Lenders, the obligations of such other Co-Borrower under the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Ennis, Inc.)

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Benefit of Guaranty. Each Co-Borrower agrees that the provisions of this Section 16 are for the benefit of Lender Lenders and its their respective successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Co-Borrower and the LenderLenders, the obligations of such other Co-Borrower under the Loan Documents.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Satcon Technology Corp)

Benefit of Guaranty. Each Co-Borrower agrees that the provisions of this Section 16 are for the benefit of Lender the Administrative Agent and its Lenders and their respective successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Co-Borrower and the LenderAdministrative Agent or Lenders, the obligations of such other Co-Co- Borrower under the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Ennis, Inc.)

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