Common use of Material Inducement; Consideration Clause in Contracts

Material Inducement; Consideration. Guarantor acknowledges and agrees that Agent and Lenders are specifically relying upon the representations, warranties, agreements and waivers contained herein and that such representations, warranties, agreements and waivers constitute a material inducement to Agent and Lenders to accept this Guaranty and to enter into the Loan Agreement and the transaction contemplated therein. Guarantor further acknowledges that it expects to benefit from Lenders' extension of financing accommodations to Borrowers because of its relationship to Borrowers, and that it is executing this Guaranty in consideration of that anticipated benefit.

Appears in 2 contracts

Sources: Guaranty (Omega Healthcare Investors Inc), Guaranty (Omega Healthcare Investors Inc)

Material Inducement; Consideration. Guarantor acknowledges and agrees that Administrative Agent and Lenders are specifically relying upon the representations, warranties, agreements and waivers contained herein and that such representations, warranties, agreements and waivers constitute a material inducement to Administrative Agent and Lenders to accept this Guaranty and to enter into the Loan Agreement and the transaction contemplated therein. Guarantor further acknowledges that it expects to benefit from Lenders' extension of financing accommodations to Borrowers Borrower because of its relationship to BorrowersBorrower, and that it is executing this Guaranty in consideration of that anticipated benefit.

Appears in 2 contracts

Sources: Guaranty of Recourse Obligations (Healthcare Trust, Inc.), Guaranty of Recourse Obligations (Healthcare Trust, Inc.)

Material Inducement; Consideration. Guarantor acknowledges and ---------------------------------- agrees that Agent and Lenders are specifically relying upon the representations, warranties, agreements and waivers contained herein and that such representations, warranties, agreements and waivers constitute a material inducement to Agent and Lenders to accept this Guaranty and to enter into the Loan Agreement and the transaction contemplated therein. Guarantor further acknowledges that it expects to benefit from Lenders' extension of financing accommodations to Borrowers Borrower because of its relationship to BorrowersBorrower, and that it is executing this Guaranty in consideration of that anticipated benefit.

Appears in 1 contract

Sources: Guaranty (Assisted Living Concepts Inc)

Material Inducement; Consideration. Guarantor acknowledges and agrees that Administrative Agent and Lenders Secured Parties are specifically relying upon the representations, warranties, agreements and waivers contained herein and that such representations, warranties, agreements and waivers constitute a material inducement to Administrative Agent and Lenders Secured Parties to accept this Guaranty and to enter into the Loan Agreement and the transaction contemplated therein. Guarantor further acknowledges that it expects to benefit from Lenders' Secured Parties’ extension of financing accommodations to Borrowers because of its relationship to Borrowers, and that it is executing this Guaranty in consideration of that anticipated benefit.

Appears in 1 contract

Sources: Guaranty of Recourse Obligations (Healthcare Trust, Inc.)

Material Inducement; Consideration. Guarantor acknowledges and agrees that Lender and Agent and Lenders are specifically relying upon the representations, warranties, agreements and waivers contained herein and that such representations, warranties, agreements and waivers constitute a material inducement to Lender and Agent and Lenders to accept this Guaranty and to enter into the Loan Agreement and the transaction contemplated therein. Guarantor further acknowledges that it expects to benefit from Lenders' Lender's and Agent's extension of financing accommodations to Borrowers because of its relationship to Borrowers, and that it is executing this Guaranty in consideration of that anticipated benefit.

Appears in 1 contract

Sources: Guaranty of Payment and Performance (Ensign Group, Inc)

Material Inducement; Consideration. Guarantor acknowledges and agrees that Agent and Lenders are specifically relying upon the representations, warranties, agreements and waivers contained herein and that such representations, warranties, agreements and waivers constitute a material inducement to Agent and Lenders to accept this Guaranty and to enter into the Loan Agreement and the transaction contemplated therein. Guarantor further acknowledges that it expects to benefit from Lenders' extension of financing accommodations to Borrowers Borrower because of its relationship to BorrowersBorrower, and that it is executing this Guaranty in consideration of that anticipated benefit.

Appears in 1 contract

Sources: Guaranty (Assisted Living Concepts Inc)

Material Inducement; Consideration. Guarantor acknowledges and agrees that Administrative Agent and Lenders are specifically relying upon the representations, warranties, agreements and waivers contained herein and that such representations, warranties, agreements and waivers constitute a material inducement to Administrative Agent and Lenders to accept this Guaranty and to enter into the Loan Agreement and the transaction contemplated therein. Guarantor further acknowledges that it expects to benefit from Lenders' extension of financing accommodations to Borrowers because of its relationship to Borrowers, and that it is executing this Guaranty in consideration of that anticipated benefit.

Appears in 1 contract

Sources: Guaranty of Payment and Performance (Care Capital Properties, Inc.)

Material Inducement; Consideration. Guarantor acknowledges and agrees that Administrative Agent and Lenders are specifically relying upon the representations, warranties, agreements and waivers contained herein and that such representations, warranties, agreements and waivers constitute a material inducement to Administrative Agent and Lenders to accept this Guaranty and to enter into the Loan Credit Agreement and the transaction contemplated therein. Guarantor further acknowledges that it expects to benefit from Lenders' extension of financing accommodations to Borrowers Borrower because of its relationship to BorrowersBorrower, and that it is executing this Guaranty in consideration of that anticipated benefit.

Appears in 1 contract

Sources: Guaranty of Recourse Obligations (Ares Commercial Real Estate Corp)