Common use of Additional Credit Clause in Contracts

Additional Credit. Credit or financial accommodation may be granted or continued from time to time by Lender to Borrower regardless of Borrower’s financial or other condition at the time of any such grant or continuation, without notice to or the consent of Guarantor and without affecting Guarantor’s obligations hereunder. Lender shall have no obligation to disclose or discuss with Guarantor its assessment of the financial condition of Borrower.

Appears in 17 contracts

Sources: Guaranty Agreement, Guaranty Agreement (Strategic Storage Trust IV, Inc.), Guaranty Agreement (Global Net Lease, Inc.)

Additional Credit. Credit or financial accommodation may be granted or continued from time to time by Lender L▇▇▇▇▇ to Borrower regardless of Borrower’s financial or other condition at the time of any such grant or continuation, without notice to or the consent of Guarantor and without affecting Guarantor’s obligations hereunder. Lender shall have no obligation to disclose or discuss with Guarantor its assessment of the financial condition of Borrower.

Appears in 3 contracts

Sources: Limited Recourse Guaranty Agreement (New England Realty Associates Limited Partnership), Guaranty Agreement (Global Net Lease, Inc.), Guaranty Agreement (Necessity Retail REIT, Inc.)

Additional Credit. Credit or financial accommodation may be granted or continued from time to time by Lender ▇▇▇▇▇▇ to Borrower regardless of Borrower’s financial or other condition at the time of any such grant or continuation, without notice to or the consent of Guarantor and without affecting Guarantor’s obligations hereunder. Lender shall have no obligation to disclose or discuss with Guarantor its assessment of the financial condition of Borrower.

Appears in 2 contracts

Sources: Guaranty Agreement (Global Net Lease, Inc.), Guaranty Agreement (Healthcare Trust, Inc.)

Additional Credit. Credit or financial accommodation may be granted or continued from time to time by Lender to Borrower regardless of Borrower’s 's financial or other condition at the time of any such grant or continuation, without notice to or the consent of Guarantor Key Principal and without affecting Guarantor’s Key Principal's obligations hereunder. Lender shall have no obligation to disclose or discuss with Guarantor Key Principal its assessment of the financial condition of Borrower.

Appears in 1 contract

Sources: Guaranty Agreement (Glimcher Realty Trust)

Additional Credit. Credit or financial accommodation may be granted or continued from time to time by Lender to Borrower regardless of Borrower’s 's financial or other condition at the time of any such grant or continuation, without notice to or the consent of Guarantor and without affecting Guarantor’s 's obligations hereunder. Lender shall have no obligation to disclose or discuss with Guarantor its assessment of the financial condition of Borrower.

Appears in 1 contract

Sources: Guaranty Agreement (Powin Energy Corp)