Obligations of Guarantor. This Guaranty is the legal, valid and binding obligation of Guarantor, enforceable against him in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws or equitable principles relating to or affecting the enforcement of creditors’ rights generally. The loans or credit accommodations made by Lender to Borrower and the assumption by Guarantor of his obligations hereunder will result in material benefits to Guarantor. This Guaranty was entered into by Guarantor for commercial purposes.
Appears in 3 contracts
Samples: Limited Guaranty Agreement (Generation Income Properties, Inc.), Limited Guaranty Agreement (Generation Income Properties, Inc.), Limited Guaranty Agreement (Generation Income Properties, Inc.)
Obligations of Guarantor. This Guaranty is the legal, valid and binding obligation of the Guarantor, enforceable against him the Guarantor in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws or equitable principles relating to or affecting the enforcement of creditors’ rights generally. The loans generally or credit accommodations made by Lender to Borrower equitable principles which may affect the availability of specific performance and the assumption by Guarantor of his obligations hereunder will result in material benefits to Guarantorother equitable remedies. This Guaranty was entered into by Guarantor for commercial purposes.
Appears in 2 contracts
Samples: Settlement and General Release Agreement (Ronco Brands, Inc.), Guaranty Agreement (Ronco Brands, Inc.)
