Common use of Guarantor’s Representations Clause in Contracts

Guarantor’s Representations. Guarantor does hereby represent and warrant that: (a) Guarantor is a Kansas limited liability company having power to enter into this Guaranty and neither this Guaranty nor the agreements herein contained contravene or constitute a default under any agreement, instrument or indenture to which he is a party; and (b) The execution of this Guaranty and the assumption by Guarantor of his obligations hereunder will result in a direct financial benefit to him.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement

Guarantor’s Representations. Guarantor does hereby represent and warrant that: (a) Guarantor is a Kansas limited liability company having comprised of individuals and the trustees of trusts who have the power to enter into this Guaranty and neither this Guaranty nor the agreements herein contained contravene or constitute a default under any agreement, instrument or indenture to which he Guarantor is a party; and (b) The execution of this Guaranty and the assumption by Guarantor of his its obligations hereunder will result in a direct financial benefit to himGuarantor.

Appears in 2 contracts

Sources: Guaranty Agreement, Guaranty Agreement

Guarantor’s Representations. Guarantor does hereby represent and warrant that: (a) Guarantor is a Kansas limited liability company having power to enter into this Guaranty and neither this Guaranty nor the agreements herein contained contravene or constitute a default under any agreement, instrument or indenture to which he is a party; and (b) The execution of this Guaranty and the assumption by Guarantor of his the obligations hereunder will result in a direct financial benefit to him.

Appears in 1 contract

Sources: Development Agreement

Guarantor’s Representations. Guarantor does hereby represent and warrant that: (a) Guarantor is a Kansas limited liability company an individual having power to enter into this Guaranty and neither this Guaranty nor the agreements herein contained contravene or constitute a default under any agreement, instrument or indenture to which he is a party; and (b) The execution of this Guaranty and the assumption by Guarantor of his obligations hereunder will result in a direct financial benefit to him.

Appears in 1 contract

Sources: Woodside Village Redevelopment Agreement

Guarantor’s Representations. Guarantor does hereby represent represents and warrant that: warrants that (ai) Guarantor is a Kansas limited liability company having power to enter into the execution of this Guaranty and neither this Guaranty nor will not result in a breach of any of the agreements herein contained contravene terms or provisions of, or constitute a default under under, any agreementindenture, mortgage, deed of trust, note, or other agreement or instrument or indenture to which he Guarantor is a party; and , (bii) The execution of this Guaranty is a valid and legally binding instrument for the assumption by purposes herein expressed, and (iii) this Guaranty is the legal, valid, binding, and enforceable obligation of Guarantor of his obligations hereunder will result in a direct financial benefit to himaccordance with its terms.

Appears in 1 contract

Sources: Deed of Lease (Alliance Bankshares Corp)