Common use of Financial Condition of Borrowers Clause in Contracts

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Providers that it is currently informed of the financial condition of Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Providers that it has read and understands the terms and conditions of the Credit Agreement and each other Loan Document. Each Guarantor hereby covenants that it will continue to keep itself informed of Borrowers’ financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.

Appears in 2 contracts

Samples: General Continuing Guaranty (Rbg, LLC), General Continuing Guaranty (Monotype Imaging Holdings Inc.)

AutoNDA by SimpleDocs

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Providers that it is currently informed of the financial condition of Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Providers that it has read and understands the terms and conditions of the Credit Agreement and each other Loan Document. Each Guarantor hereby covenants that it will continue to keep itself informed of Borrowers’ financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.

Appears in 2 contracts

Samples: General Continuing Guaranty (Boise Cascade Holdings, L.L.C.), Credit Agreement (Supreme Industries Inc)

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Providers that it is currently informed of the financial condition of Borrowers and of all other circumstances which a reasonably diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Providers that it has read and understands the terms and conditions of the Credit this Agreement and each other Loan Document. Each Guarantor hereby covenants that it will continue to keep itself informed of Borrowers' financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Take Two Interactive Software Inc), Credit Agreement (Dune Energy Inc)

Financial Condition of Borrowers. Each The Guarantor represents and warrants to the Lender Group and the Bank Product Providers that it is currently informed of the financial condition of Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Each The Guarantor further represents and warrants to the Lender Group and the Bank Product Providers that it has read and understands the terms and conditions of the Credit Loan Agreement and each the other Loan DocumentDocuments. Each The Guarantor hereby covenants that it will continue to keep itself informed of Borrowers’ financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.

Appears in 1 contract

Samples: General Continuing Guaranty (GNLV Corp)

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Providers that it is currently informed of the financial condition of Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Providers that it has read and understands the terms and conditions of the Credit Agreement and each other Loan Document. Each Guarantor hereby covenants that it will continue to keep itself informed of the Borrowers’ financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.

Appears in 1 contract

Samples: General Continuing Guaranty (American Commercial Lines Inc.)

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Providers that it is currently informed of the financial condition of Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Providers that it has read and understands the terms and conditions of the Credit Agreement and each other Loan Document. Each Guarantor hereby covenants that it will continue to keep itself informed of Borrowers’ financial condition, the financial condition of other guarantors, if any, Guarantors and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.

Appears in 1 contract

Samples: General Continuing Guaranty (Supreme Industries Inc)

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Providers that it is currently informed of the financial condition of all Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Providers that it has read and understands the terms and conditions of the Credit Agreement and each other Loan Document. Each Guarantor hereby covenants that it will continue to keep itself informed of all Borrowers’ financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.

Appears in 1 contract

Samples: General Continuing Guaranty (Renewable Energy Group, Inc.)

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Providers that it is currently informed of the financial condition of Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Providers that it has read and understands the terms and conditions of the Credit this Agreement and each other Loan Document. Each Guarantor hereby covenants that it will continue to keep itself informed of Borrowers’ financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.

Appears in 1 contract

Samples: Credit Agreement (Plato Learning Inc)

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Providers Secured Parties that it is currently informed of the financial condition of Borrowers each Borrower and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Providers Secured Parties that it has read and understands the terms and conditions of the Credit Agreement and each the other Loan DocumentDocuments. Each Guarantor hereby covenants that it will continue to keep itself informed of Borrowers’ each Borrower’s financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.

Appears in 1 contract

Samples: Security Agreement (Deckers Outdoor Corp)

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Providers Beneficiaries that it is currently informed of the financial condition of Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Guaranteed Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Providers Beneficiaries that it has read and understands the terms and conditions of the Credit Agreement Agreement, the Notes, and each the other Loan DocumentDocuments. Each Guarantor hereby covenants that it will continue to keep itself informed of Borrowers’ financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Guaranteed Obligations.

Appears in 1 contract

Samples: Members’ Guaranty (OCM HoldCo, LLC)

AutoNDA by SimpleDocs

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Providers that it is currently informed of the financial condition of Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Providers that it has read and understands the terms and conditions of the Credit Agreement and each other Loan Document. Each Guarantor hereby covenants that it will continue to keep itself informed of Borrowers’ financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.

Appears in 1 contract

Samples: General Continuing Guaranty (Monotype Imaging Holdings Inc.)

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Hedge Agreement Providers that it is currently informed of the financial condition of Borrowers each Borrower and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Hedge Agreement Providers that it has read and understands the terms and conditions of the Credit Agreement and each other Loan Document. Each Guarantor hereby covenants that it will continue to keep itself informed of Borrowers’ each Borrower’s financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.

Appears in 1 contract

Samples: General Continuing Guaranty (Securus Technologies, Inc.)

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Providers that it is currently informed of the financial condition of Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Providers that it has read and understands the terms and conditions of the Credit Agreement and each other Loan Document. Each Guarantor hereby covenants that it will continue to keep itself informed of Borrowers’ financial condition, the financial condition of other Guarantors and guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guarantied Obligations.

Appears in 1 contract

Samples: General Continuing Guaranty (Portrait Corp of America, Inc.)

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Providers that it each such Guarantor is currently informed of the financial condition of Borrowers each Borrower and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Guaranteed Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Providers that it each such Guarantor has read and understands the terms and conditions of the Credit Agreement and each other Secured Loan DocumentDocuments. Each Guarantor hereby covenants that it each such Guarantor will continue to keep itself informed of Borrowers’ each Borrower’s financial condition, the financial condition of other guarantors, if any, and of all other circumstances which that bear upon the risk of nonpayment or nonperformance of the Guarantied Guaranteed Obligations.

Appears in 1 contract

Samples: Continuing Guaranty (Midway Games Inc)

Financial Condition of Borrowers. Each Guarantor represents and warrants to the Lender Group and the Bank Product Providers Agent that it each such Guarantor is currently informed of the financial condition of Borrowers each Borrower and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guarantied Guaranteed Obligations. Each Guarantor further represents and warrants to the Lender Group and the Bank Product Providers Agent that it each such Guarantor has read and understands the terms and conditions of the Credit Agreement and each other Loan DocumentDocuments. Each Guarantor hereby covenants that it each such Guarantor will continue to keep itself informed of Borrowers’ each Borrower's financial condition, the financial condition of other guarantors, if any, and of all other circumstances which that bear upon the risk of nonpayment or nonperformance of the Guarantied Guaranteed Obligations.

Appears in 1 contract

Samples: Midway Games Inc

Time is Money Join Law Insider Premium to draft better contracts faster.