Common use of Accession to Loan Documents Clause in Contracts

Accession to Loan Documents. The New Borrower hereby agrees that it is a “Subsidiary Borrower” under each Note and the Credit Agreement and assumes all obligations of a “Subsidiary Borrower” thereunder and agrees to be bound thereby, all as if the New Borrower had been an original signatory to each Note and the Credit Agreement. Without limiting the generality of the foregoing, the New Borrower hereby: (a) irrevocably and unconditionally guarantees the due and punctual payment and performance when due, whether at stated maturity, by acceleration or otherwise, of all Obligations (as defined in the Credit Agreement); (b) makes to the Agent and the Lenders as of the date hereof each of the representations and warranties contained in the Credit Agreement made by the Borrowers and agrees to be bound by each of the covenants of the Borrowers contained in the Credit Agreement; and (c) consents and agrees to each provision set forth in each Note and the Credit Agreement.

Accession to Loan Documents. The Each New Borrower hereby agrees that it is a “Subsidiary Borrower” under each Note and the Credit Agreement and assumes all obligations of a “Subsidiary Borrower” thereunder and agrees to be bound thereby, all as if the each New Borrower had been an original signatory to each Note and the Credit Agreement. Without limiting the generality of the foregoing, the each New Borrower hereby: (a) irrevocably and unconditionally guarantees the due and punctual payment and performance when due, whether at stated maturity, by acceleration or otherwise, of all Obligations (as defined in the Credit Agreement); (b) makes to the Agent and the Lenders as of the date hereof each of the representations and warranties contained in the Credit Agreement made by the Borrowers and agrees to be bound by each of the covenants of the Borrowers contained in the Credit Agreement; and (c) consents and agrees to each provision set forth in each Note and the Credit Agreement.