Best Interests. It is in the best interests of each Grantor to execute this Security Agreement in as much as such Grantor will, as a result of being the Borrower or a Subsidiary of the Borrower, derive substantial direct and indirect benefits from (a) the Advances and other extensions of credit (including Letters of Credit) made from time to time to the Borrower by the Lenders and the Issuing Lender pursuant to the Credit Agreement, (b) the Hedging Arrangements entered into with the Swap Counterparties, and (c) the Banking Services provided by the Lenders or their Affiliates, and each Grantor agrees that the Secured Parties are relying on this representation in agreeing to make such Advances and other extensions of credit pursuant to the Credit Agreement to the Borrower.
Best Interests. It is in the best interests of each Grantor (other than the Borrower) to execute this Security Agreement inasmuch as such Grantor will, as a result of being an Affiliate of the Borrower, derive substantial direct and indirect benefits from the Loans made to the Borrower by the Lender pursuant to the Credit Agreement, and each Grantor agrees that the Lender is relying on this representation in agreeing to make such Loans pursuant to the Credit Agreement to the Borrower.
Best Interests. It is in the best interests of each Grantor (other than the Company) to execute this Security Agreement inasmuch as such Grantor will, as a result of being a Subsidiary of the Company, derive substantial direct and indirect benefits from the Loans and other extensions of credit secured hereby and each Grantor agrees that the Secured Parties are relying on this representation in agreeing to make such Loans and other extensions of credit.
Best Interests. It is in the best interests of each Grantor (other than the Company) to execute this Security Agreement inasmuch as such Grantor will, as a result of being a Subsidiary of the Company, derive substantial direct and indirect benefits from the Credit Extensions made from time to time to the Borrowers by the Lenders and the L/C Issuer pursuant to the Credit Agreement, and each Grantor agrees that the Secured Parties are relying on this representation in agreeing to make Credit Extensions pursuant to the Credit Agreement to the Borrowers.
Best Interests. It is in the best interests of such Debtor (other than the Issuer) to execute this Agreement inasmuch as such Debtor will, as a result of being a Subsidiary of the Issuer, derive substantial direct and indirect benefits from the issuance of Notes by the Issuer, and each Debtor agrees that the Secured Parties are relying on this representation in agreeing to purchase the Notes.
Best Interests. Each Obligor represents and warrants to the Lenders and Administrative Agent that it is in the best interests of such Obligor to enter into this Agreement inasmuch as the Obligors will, as a result of proceeds of the Loans being made available hereunder for working capital and other financing needs of the Borrower, derive substantial direct and indirect benefits from the Loans made from time to time to the Borrower by the Lenders pursuant to this Agreement, and each Obligor agrees that the Lenders are relying on this representation in agreeing to make Loans to the Borrower.
Best Interests. It is in the best interests of the Guarantor to execute this Agreement inasmuch as the Guarantor will, as a result of having 100% of its Stock owned by Borrower, derive substantial direct and indirect benefits from the Loans made from time to time to the Borrower by the Secured Party. The Guarantor agrees that the Secured Party is relying on this representation in agreeing to make Loans to the Borrower. The representations and warranties made in this Section are made as of, and relate solely to, the Closing Date.
Best Interests. It is in the best interests of such Grantor to execute this Security Agreement inasmuch as such Grantor will, as a result of being a Subsidiary of the Parent, derive substantial direct and indirect benefits from the issuance of Notes by the Issuer, and each Grantor agrees that the Holders are relying on this representation in agreeing to purchase the Notes.
Best Interests. With respect to the Acquiring Fund, the Board of Trustees of Purisima shall have determined that the Reorganization is in the best interests of the Acquiring Fund and that the interests of the existing shareholders of the Acquiring Fund would not be diluted as a result of the Reorganization.
Best Interests. Notwithstanding anything to the contrary herein, FFN shall not perform any action that conflicts with the best interests of the City of Dunnellon as such interests are determined in the reasonable discretion of the City Council.