Common use of Company and the Guarantors Clause in Contracts

Company and the Guarantors. The Company and the Guarantors are operated as part of one consolidated business entity and are directly dependent upon each other for and in connection with their respective business activities and their respective financial resources. The Company and each of the Guarantors receive direct economic and financial benefits from the Debt outstanding under the Note Purchase Agreements by the Company and the existence of such Debt is in the best interests of the Company and each of the Guarantors.

Appears in 4 contracts

Samples: Note Purchase Agreement (Smithfield Foods Inc), Note Purchase Agreement (Smithfield Foods Inc), Note Purchase Agreement (Smithfield Foods Inc)

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Company and the Guarantors. The Company and the Guarantors are operated as part of one consolidated business entity and are directly dependent upon each other for and in connection with their respective business activities and their respective financial resources. The Company and each of the Guarantors will receive direct economic and financial benefits from the Debt outstanding incurred under the Note Purchase Agreements by the Company and the existence incurrence of such Debt is in the best interests of the Company and each of the Guarantors.

Appears in 2 contracts

Samples: Note Purchase Agreement (Smithfield Foods Inc), Note Purchase Agreement (Smithfield Foods Inc)

Company and the Guarantors. The Company and the Guarantors are operated as part of one consolidated business entity and are directly dependent upon each other for and in connection with their respective business activities and their respective financial resources. The Company and each of the Guarantors receive direct economic and financial benefits from the Debt outstanding under the Existing Note Purchase Agreements by the Company and the existence of such Debt is in the best interests of the Company and each of the Guarantors.

Appears in 1 contract

Samples: Note Purchase Agreement (Smithfield Foods Inc)

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Company and the Guarantors. The Company and the Guarantors are operated as part of one consolidated business entity and are directly dependent upon each other for and in connection with their respective business activities and their respective financial resources. The Company and each of the Original Guarantors receive received direct economic and financial benefits from the Debt outstanding incurred under the Note Purchase Agreements by the Company and the existence incurrence of such Debt is was in the best interests of the Company and each of the Original Guarantors.

Appears in 1 contract

Samples: Note Purchase Agreement (Smithfield Foods Inc)

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