Common use of Representations of the Guarantor Clause in Contracts

Representations of the Guarantor. The Guarantor represents and warrants to the Lender that: (a) this Guaranty is executed at the request of the Borrower; (b) the Guarantor has established adequate means of obtaining from any other Loan Parties on a continuing basis information pertaining to, and is now and on a continuing basis will be completely familiar with, the financial condition, operations, properties and prospects of such other Loan Parties; (c) the Guarantor has received and approved copies of all of the other Loan Documents; and (d) no oral promises, assurances, representations or warranties have been made by or on behalf of the Lender to induce the Guarantor to execute and deliver this Guaranty.

Appears in 1 contract

Sources: Completion Guaranty (Calprop Corp)

Representations of the Guarantor. The Guarantor represents and warrants to the Lender Bank that: (a) this Guaranty Guarantee is executed at the request of the Borrower; (b) the Guarantor has established adequate means of obtaining from any other Loan Parties on a continuing basis information pertaining to, and is now and on a continuing basis will be completely familiar with, the financial condition, operations, properties and prospects of such other Loan Parties; (c) the Guarantor has received and approved copies of all of the other Loan Documents; and (d) no oral promises, assurances, representations or warranties have been made by or on behalf of the Lender Bank to induce the Guarantor to execute and deliver this GuarantyGuarantee.

Appears in 1 contract

Sources: Completion Guarantee (Calprop Corp)

Representations of the Guarantor. The Guarantor represents and warrants to the Lender that: (a) this Guaranty is Is executed at the request of the Borrower; , (b) the Guarantor has established adequate means of obtaining from any other Loan Parties on a continuing basis information pertaining to, and is now and on a continuing basis will be completely familiar with, the financial condition, operations, properties and prospects of such other Loan Parties; (c) the Guarantor has received and approved copies of all of the other Loan Documents; and (d) no oral promises, assurances, representations or warranties have been made by or on behalf of the Lender to induce the Guarantor to execute and deliver this Guaranty.

Appears in 1 contract

Sources: General Guaranty (Calprop Corp)