Common use of Fair Consideration Clause in Contracts

Fair Consideration. The Guarantors represent that the Guarantors are engaged in common business enterprises related to those of the Borrower and each Guarantor will derive substantial direct or indirect economic benefit from the effectiveness and existence of the Credit Agreement.

Appears in 26 contracts

Sources: Unconditional Guaranty of Payment and Performance (Modiv Inc.), Guaranty of Payment and Performance (Jernigan Capital, Inc.), Unconditional Guaranty of Payment and Performance (Griffin-American Healthcare REIT III, Inc.)

Fair Consideration. The Guarantors represent that the Guarantors are engaged in common business enterprises related to those of the Borrower and each Guarantor will derive substantial direct or indirect economic benefit from the effectiveness and existence of the Credit Loan Agreement.

Appears in 4 contracts

Sources: Unconditional Guaranty of Payment and Performance (Condor Hospitality Trust, Inc.), Unconditional Guaranty of Payment and Performance (Carter Validus Mission Critical REIT II, Inc.), Unconditional Guaranty of Payment and Performance (Carter Validus Mission Critical REIT II, Inc.)

Fair Consideration. The Guarantors represent that the Guarantors are engaged in common business enterprises related to those of the Borrower and each Guarantor will derive substantial direct or indirect economic benefit from the effectiveness and existence of the Credit Agreement.

Appears in 3 contracts

Sources: Unconditional Guaranty of Payment and Performance (Global Net Lease, Inc.), Unconditional Guaranty of Payment and Performance (Global Net Lease, Inc.), Unconditional Guaranty of Payment and Performance (Global Net Lease, Inc.)

Fair Consideration. The Guarantors represent that the Guarantors are engaged in common business enterprises related to those of the Qualified Borrower and each Guarantor will derive substantial direct or indirect economic benefit from the effectiveness and existence of the Credit Loan Agreement.

Appears in 2 contracts

Sources: Secured Term Loan Agreement (Developers Diversified Realty Corp), Secured Term Loan Agreement (Developers Diversified Realty Corp)

Fair Consideration. The Guarantors represent that the Guarantors are engaged in common business enterprises related to those of the Borrower and each Guarantor will derive substantial direct or indirect economic benefit from the effectiveness and existence of the Credit Agreement, in each case, and with respect to a Guarantor, for so long as such Guarantor is a party to this Guaranty.

Appears in 1 contract

Sources: Unconditional Guaranty of Payment and Performance (STORE CAPITAL Corp)

Fair Consideration. The Guarantors represent that the Guarantors are engaged in common business enterprises related to those of the Borrower and each Guarantor will derive substantial direct or indirect economic benefit from the effectiveness and existence of the Credit Agreement.. GUARANTY (CONDOR)

Appears in 1 contract

Sources: Unconditional Guaranty of Payment and Performance (Condor Hospitality Trust, Inc.)

Fair Consideration. The Guarantors represent Guarantor represents that the Guarantors are Guarantor is engaged in common business enterprises related to those of the Borrower and each Guarantor will derive substantial direct or indirect economic benefit from the effectiveness and existence of the Credit Loan Agreement.

Appears in 1 contract

Sources: Unconditional Guaranty of Payment and Performance (Comstock Homebuilding Companies, Inc.)