Notwithstanding anything to the contrary set forth below, to the extent Carveout Guarantors financials are made available on an annual and quarterly basis on the U.S. Securities and Exchange Commissions EDGAR website (EDGAR), Borrower and Carveout Guarantor shall be deemed to have satisfied their annual and quarterly reporting requirements set forth below.
Carveout Guarantor acknowledges that Bank is relying upon Carveout Guarantor's covenants herein in making the Loan to Borrower, and Carveout Guarantor undertakes to perform Carveout Guarantor's obligations hereunder promptly and in good faith.
Furthermore, Carveout Guarantors agree that Bank shall not be required to pursue or foreclose on the Claremont Collateral or on any other collateral that it may receive from Claremont Borrower, any Carveout Guarantor or others as security for any Obligations before making a claim or asserting a cause of action against any Carveout Guarantor under this Agreement.
Borrower and Carveout Guarantor hereby grant Lender a non-exclusive license to use Borrowers and Carveout Guarantors logo solely for the purpose specified in this Section 11.12.
Borrower, Carveout Guarantor and Borrower Representative hereby grant Lender a non-exclusive license to use Borrowers, Carveout Guarantors and Borrower Representatives logo solely for the purpose specified in this Section 11.12.