Acknowledgment Clause Example from Business Contracts

Acknowledgment. Guarantor hereby acknowledges that: (a) Guarantor has been advised by counsel in the negotiation, execution and delivery of this Guaranty and the related documents; (b) Buyer has no fiduciary relationship to Guarantor, and the relationship between Buyer and Guarantor is solely that of surety and creditor; (c) no joint venture exists between or among any of Buyer, Guarantor and any Seller; and (d) (i) Guarantor is entering into this Guaranty to induce Buyer to enter into the Repurchase Agreement ...and (ii) this Guaranty relates to the Repurchase Agreement and the Transactions thereunder as part of an integrated, simultaneously-closing suite of secured financial contracts. View More