Purpose and Consideration. The execution and delivery of this Guaranty by Guarantor is a condition to Lender’s willingness to make the Loan to Borrower, is made in order to induce Lender to make the Loan, and is made in recognition that Lender will be relying upon this Guaranty in making the Loan and performing any other obligations it may have under the Loan Documents. Guarantor has a significant ownership interest in Borrower, and, accordingly, acknowledges that Guarantor will receive material direct and indirect benefit from Lender making the Loan to Borrower.
Purpose and Consideration. The purpose of this Agreement shall be to provide clinical experience to students enrolled in those programs listed in Exhibit A to this Agreement. Consideration for this Agreement shall consist of the mutual promises contained herein, the parties agreeing that monetary compensation shall neither be expected nor received by either party.
Purpose and Consideration. The execution and delivery of this Guaranty by Guarantor is (i) a condition to Lender’s willingness to make the Loan to Borrower, (ii) made in order to induce Lender to make the Loan and (iii) made in recognition that Lender will be relying upon this Guaranty in making the Loan and performing any other obligations Lender may have under the Loan Documents. Guarantor owns a direct and/or indirect ownership interest in Borrower. Accordingly, Guarantor acknowledges that Guarantor will receive a material direct and/or indirect benefit from Lender making the Loan to Borrower.
Purpose and Consideration. The parties acknowledge that the Community Garden is a public amenity and that FISH will maintain the Community Garden as an aesthetic asset for the citizens of Ellensburg. To the extent feasible, produce grown at the Community Garden will be donated to organizations serving those members of the community in need of food who are unable to satisfy their own needs because of lack of resources such as the FISH Community Food Bank. On the date that this Lease is signed FISH will pay the City one dollar ($1) in rent.
Purpose and Consideration. The execution and delivery of this Guaranty by Guarantor is a condition to Landlord's entering into the Lease with Tenant and is made to induce Landlord to enter into the Lease. Tenant is a wholly-owned subsidiary of Guarantor, and Guarantor will realize a direct or indirect financial benefit by virtue of Tenant entering into the Lease.
Purpose and Consideration. The execution and delivery of this Guaranty by Guarantor is a condition to Seller’s willingness to sell its Membership Interest to Buyer in consideration of the Notes, and Guarantor recognizes that Seller will rely upon this Guaranty. Guarantor has a significant employment and ownership interest in Buyer, and Buyer is becoming the sole Member of the Company, and, accordingly, Guarantor acknowledges that Guarantor will receive material direct and indirect benefits from Buyer’s purchase of Seller’s Membership Interest in the Company and Buyer’s execution of the Notes.
Purpose and Consideration. The purpose of this contract is to define the rights, responsibilities, and liabilities of the parties that may not be covered by the lease for the tenancy they share. The consideration for this contract is the mutual exchange of promises made by the parties to agree to share a tenancy together in the same premises. The parties agree that consideration need not be found by any reviewing court in order for this contract to be valid, nor will any consideration be required by the parties to amend or cancel the contract, provided they do so in another written agreement signed by all the parties.
Purpose and Consideration. The execution and delivery of this Guaranty by Guarantors is a condition to the making of the Loan to Borrower, is made in order to induce Lender to make the Loan, and is made in recognition that Lender will be relying upon this Guaranty in making the Loan and performing any other obligations it may have under the Loan Agreement. Additional parties may join into this Guaranty by executing and delivering to Lender a certain Joinder to Guaranty Agreement in substantially the form attached as Exhibit A ("Joinder"), and such Joinder will be incorporated herein by reference as if such party originally executed this Guaranty.
Purpose and Consideration. The execution and delivery of this Agreement by Surety is a condition to Lender’s willingness to make the Loan to Borrower, is made in order to induce Lender to make the Loan, and is made in recognition that Lender will be relying upon this Agreement in making the Loan and performing any other obligations it may have under the Loan Documents. Surety has a significant ownership interest in Borrower, and, accordingly, acknowledges that Surety will receive material direct and indirect benefit from Lender making the Loan to Borrower.
Purpose and Consideration. The Volunteer desires to provide Volunteer services for the WSF and engage in activities related to serving as a volunteer, not for monetary consideration, but in consideration for the opportunity to participate with the WSF, and have general Wyoming State Fair admission fees waived.
