Financing definition
Examples of Financing in a sentence
The provisions of this Guaranty are for the benefit of the Trustee and its permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Borrower and the Trustee, the obligations of the Borrower under the Borrower Financing Documents.
In the event of any conflict between the provisions of this Guaranty and those of (a) the Loan Agreement, the provisions of the Loan Agreement shall control, and (b) any other Borrower Financing Document not referenced in clause (a) above, the provisions of this Guaranty shall control; provided that the inclusion of supplemental rights or remedies in favor of the Trustee in any other Borrower Financing Document shall not be deemed a conflict with this Guaranty.
This Guaranty and the other Borrower Financing Documents, and any separate letter agreements with respect to fees constitute the entire contract of the parties relating to the subject matter hereof and supersede all previous agreements and understandings, written or oral, relating to the subject matter hereof.
The Guarantor hereby irrevocably appoints and authorizes the Borrower to act as its agent for service of process and notices required to be delivered under this Guaranty or under the other Borrower Financing Documents, it being understood and agreed that receipt by the Borrower of any summons, notice or other similar item shall be deemed effective receipt by the Guarantor.
The foregoing waivers are of the essence of the transaction contemplated by the Loan Agreement and the other Borrower Financing Documents.