Common use of Direct Benefit Clause in Contracts

Direct Benefit. Each Guarantor expressly represents, warrants and acknowledges that any financial accommodations by the Secured Parties, or any of them, to any Borrower, including without limitation the extension of credit under this Agreement, are and will be of direct interest, benefit and advantage to such Guarantor.

Appears in 3 contracts

Samples: Credit Agreement (Rayonier Advanced Materials Inc.), Credit Agreement (Rayonier Advanced Materials Inc.), First Restatement Agreement (Rayonier Advanced Materials Inc.)

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Direct Benefit. Each Guarantor expressly represents, warrants and acknowledges that any financial accommodations by the Secured Parties, or any of them, to any Borrower or the Designated Borrower, as the case may be, including without limitation the extension of credit under this Agreement, are and will be of direct interest, benefit and advantage to such Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Rayonier Advanced Materials Inc.)

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