Benefit Received Clause Samples

Benefit Received. Parent and the Subsidiaries will receive reasonably equivalent value in exchange for the obligations incurred under the Loan Documents to which each is a party.

Benefit Received. Each Borrower will receive substantial direct and indirect benefits and value as a result of the Loan advances made or to be made with respect thereto.

Benefit Received. Guarantor represents that Group Capital is the wholly-owned corporate subsidiary of Guarantor and that this Guarantee may reasonably be expected to benefit, directly or indirectly, Guarantor. Guarantor further represents that the consideration received for this Guarantee is reasonably worth at least as much as the liability and obligation of Guarantor under this Guarantee. 12.

Benefit Received. Borrower and the Subsidiaries will receive reasonably equivalent value in exchange for the obligations incurred under the Loan Documents to which each is a party. Borrower and Subsidiaries will derive substantial benefit from the credit extended pursuant hereto in an amount at least equal to its obligations under the Loan Documents to which it is a party.

Benefit Received. Each signatory to this Security Agreement acknowledges and agrees to all of the following: (a) that it has received a direct or indirect benefit from the Loan as consideration for executing Loan Documents providing Secured Party with collateral security for such Loan; and (b) that it is not insolvent as of the date it executed such Loan Documents and that providing such collateral security to Secured Party does not render such signatory insolvent and was not done to hinder, delay, defraud or avoid any other creditors of such signatory.

Benefit Received. Borrower and each Guarantor will receive reasonably ---------------- equivalent value in exchange for the obligations incurred under the documents to which each is a party. Borrower and each Guarantor will derive substantial benefit from the consummation of the transaction contemplated hereby in an amount at least equal to its obligations under such documents to which it is a party.