Common use of Financial Condition of the Company Clause in Contracts

Financial Condition of the Company. Each Guarantor represents and warrants to the Trustee and holders that it is currently informed of the financial condition of the Company and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guaranteed Obligations. Each Guarantor further represents and warrants to the Trustee and holders that it has read and understands the terms and conditions of the Indenture and this Guarantee. Each Guarantor hereby covenants that it will continue to keep itself informed of the Company's financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guaranteed Obligations.

Appears in 3 contracts

Samples: Guarantee (MGM Mirage), Guarantee (MGM Mirage), Guarantee (MGM Mirage)

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Financial Condition of the Company. Each Guarantor represents and warrants to the Trustee and holders Beneficiaries that it is currently informed of the financial condition of the Company and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guaranteed Obligations. Each Guarantor further represents and warrants to the Trustee and holders Beneficiaries that it has read and understands the terms and conditions of the Indenture Note Purchase Agreement, the Notes, and this Guaranteethe other Note Documents. Each Guarantor hereby covenants that it will continue to keep itself informed of the Company's ’s financial condition, the financial condition of other guarantorsGuarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty (Global Cash Access Holdings, Inc.)

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Financial Condition of the Company. Each Guarantor represents and warrants to the Trustee and holders that it is currently informed of the financial condition of the Company and and, of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guaranteed Obligations. Each Guarantor further represents and warrants to the Trustee and holders that it has read and understands the terms and conditions of the this Indenture and this Guaranteethe Collateral Documents. Each Guarantor hereby covenants that it will continue to keep itself informed of the Company's financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guaranteed Obligations.

Appears in 1 contract

Samples: Indenture (MGM Grand Inc)

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