Common use of Best Interests Clause in Contracts

Best Interests. It is in the best interests of each Guarantor to execute this Guarantee inasmuch as each Guarantor 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 Guarantor agrees that the Lender is relying on this representation in agreeing to make the Loans to the Borrower.

Appears in 12 contracts

Samples: Credit Agreement (Natera, Inc.), Credit Agreement (Natera, Inc.), Guarantee (TransMedics Group, Inc.)

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Best Interests. It is in the best interests of each Guarantor to execute this Guarantee inasmuch as each Guarantor 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 Lenders pursuant to the Credit Agreement, and each Guarantor agrees that the Lender is Lenders are relying on this representation in agreeing to make the Loans to the Borrower.

Appears in 3 contracts

Samples: Guarantee (Workhorse Group Inc.), Pledge and Security Agreement (Acutus Medical, Inc.), Credit Agreement (Harmony Biosciences Holdings, Inc.)

Best Interests. It is in the best interests interests, and for the commercial benefit, of each Guarantor to execute this Guarantee inasmuch as each Guarantor 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 ROS Acquisition pursuant to the Credit Agreement, and each Guarantor agrees that the Lender ROS Acquisition is relying on this representation in agreeing to make the Loans to the Borrower.

Appears in 3 contracts

Samples: Acknowledgement and Agreement (Unilife Corp), Guarantee (Unilife Corp), Acknowledgement and Agreement (Unilife Corp)

Best Interests. It is in the best interests interests, and for the commercial benefit, of each Guarantor to execute this Guarantee inasmuch as each Guarantor will, as a result of being an Affiliate of the Borrower, derive substantial direct and indirect benefits from the Loans Loan made to the Borrower by the Lender pursuant to the Credit Agreement, and each Guarantor agrees that the Lender is relying on this representation in agreeing to make the Loans Loan to the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Recro Pharma, Inc.), Guarantee (Recro Pharma, Inc.)

Best Interests. It is in the best interests of each Guarantor to execute this Guarantee inasmuch as each such Guarantor will, as a result of being an Affiliate a Subsidiary of the Borrower, derive substantial direct and indirect benefits from the Loans made to the Borrower by the Lender pursuant to the Credit Agreement, credit extensions guaranteed hereby and each Guarantor agrees that the Lender is Secured Parties are relying on this representation in agreeing to make the Loans to the Borrowersuch credit extensions.

Appears in 1 contract

Samples: Credit Agreement (Empire Resources Inc /New/)

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Best Interests. It is in the best interests of each Guarantor to execute this Guarantee Guaranty inasmuch as each such Guarantor will, as a result of being an Affiliate of the Borrower, derive substantial direct and indirect benefits from the Loans made from time to time to the Borrower by the Lender Lenders pursuant to the Credit Agreement, Agreement and each Guarantor agrees that the Lender is Secured Parties are relying on this representation in agreeing to make the Loans to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Hanesbrands Inc.)

Best Interests. It is in the best interests of each Guarantor to execute this Guarantee inasmuch as each Guarantor will, as a result of being an Affiliate of the Borrower, derive substantial direct and indirect benefits from the Loans Credit Extensions made to the Borrower by the Lender Bank pursuant to the Credit Loan Agreement, and each Guarantor agrees that the Lender Bank is relying on this representation in agreeing to make the Loans Credit Extensions to the Borrower.

Appears in 1 contract

Samples: Guarantee and Pledge Agreement (New Age Beverages Corp)

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