Common use of Obligations of Guarantors Clause in Contracts

Obligations of Guarantors. This Guaranty and all other Loan Documents to which any Guarantor is a party are the legal, valid and binding obligations of the Guarantors, enforceable against the Guarantors in accordance with their terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws relating to or affecting the enforcement of creditors’ rights generally or by equitable principles which may affect the availability of specific performance and other equitable remedies. The Loan made by Lender and the assumption by Guarantors of their obligations hereunder and under any other Loan Documents to which a Guarantor is a party will result in material benefits to the Guarantors. This Guaranty was entered into by Guarantors for commercial purposes.

Obligations of Guarantors. This Guaranty and all other Loan Documents to which any Guarantor is a party party, are the legal, valid and binding obligations of each of the Guarantors, enforceable against each of the Guarantors in accordance with their terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws relating to or affecting the enforcement of creditors’ rights generally or by equitable principles which may affect the availability of specific performance and other equitable remedies. The Loan made by Lender and the assumption by Guarantors of their obligations hereunder and under any other Loan Documents to which a Guarantor is a party will result in material benefits to the Guarantors. This Guaranty was entered into by Guarantors for commercial purposes.

Obligations of Guarantors. This Guaranty and all each other Loan Documents Transaction Document to which any Guarantor is the Guarantors are a party are the legal, valid and binding obligations of the Guarantors, enforceable against the Guarantors in accordance with their terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws relating to or affecting the enforcement of creditors’ rights generally or by equitable principles which may affect the availability of specific performance and other equitable remedies. The Loan made purchase of the Debenture by Lender Buyer and the assumption by the Guarantors of their obligations hereunder and under any other Loan Documents Transaction Document to which a Guarantor is the Guarantors are a party will result in material benefits to the GuarantorsGuarantor. This Guaranty was entered into by the Guarantors for commercial purposes.

Obligations of Guarantors. This Guaranty and all each other Loan Documents Transaction Document to which any Guarantor is Guarantors are a party are the legal, valid and binding obligations of the Guarantors, enforceable against the Guarantors in accordance with their terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws relating to or affecting the enforcement of creditors’ rights generally or by equitable principles which may affect the availability of specific performance and other equitable remedies. The Loan made purchase of the Debenture by Lender Buyer and the assumption by Guarantors of their obligations hereunder and under any other Loan Documents Transaction Document to which a Guarantor is Guarantors are a party will result in material benefits to the Guarantors. This Guaranty was entered into by Guarantors for commercial purposes.

Obligations of Guarantors. This Guaranty and all each other Loan Documents Transaction Document to which any Guarantor is the Guarantors are a party are the legal, valid and binding obligations of the Guarantors, enforceable against the Guarantors in accordance with their terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws relating to or affecting the enforcement of creditors’ rights generally or by equitable principles which may affect the availability of specific performance and other equitable remedies. The Loan made purchase of a Debenture by Lender each Buyer and the assumption by the Guarantors of their obligations hereunder and under any other Loan Documents Transaction Document to which a Guarantor is the Guarantors are a party will result in material benefits to the GuarantorsGuarantor. This Guaranty was entered into by the Guarantors for commercial purposes.

Obligations of Guarantors. This Guaranty and all each other Loan Documents Transaction Agreement to which any Guarantor is Guarantors are a party are the legal, valid and binding obligations of the Guarantors, enforceable against the Guarantors in accordance with their terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws relating to or affecting the enforcement of creditors’ rights generally or by equitable principles which may affect the availability of specific performance and other equitable remedies. The Loan made purchase of the Note by Lender Buyer and the assumption by Guarantors of their its obligations hereunder and under any other Loan Documents Transaction Agreement to which a Guarantor is Guarantors are a party will result in material benefits to the Guarantors. This Guaranty was entered into by Guarantors for commercial purposes.