Common use of Acknowledged Privity Clause in Contracts

Acknowledged Privity. Borrower expressly agrees that, in respect of each Lender's funded participation interest in any Swing Line Advance, such Lender shall be deemed to be in privity of contract with Borrower and have the same rights and remedies against Borrower under the Loan Documents as if such funded participation interest in such Swing Line Advance were a Revolving Loan.

Acknowledged Privity. Borrower expressly agrees that, in respect of each Lender's funded participation interest in any Swing Line AdvanceLoan, such Lender shall be deemed to be in privity of contract with Borrower and have the same rights and remedies against Borrower under the Loan Documents as if such funded participation interest in such Swing Line Advance Loan were a Revolving Loan.

Acknowledged Privity. The Borrower expressly agrees that, in respect of each Lender's funded participation interest in any Swing Line AdvanceLoan, such Lender shall be deemed to be in privity of contract with the Borrower and have the same rights and remedies against the Borrower under the Loan Documents as if such funded participation interest in such Swing Line Advance Loan were a Revolving Loan.

Acknowledged Privity. Borrower expressly agrees that, in respect of each Lender's ’s funded participation interest in any Swing Line Advance, such Lender shall be deemed to be in privity of contract with Borrower and have the same rights and remedies against Borrower under the Loan Documents as if such funded participation interest in such Swing Line Advance were a Revolving Loan.

Acknowledged Privity. Borrower expressly agrees that, in respect of each Lender's funded participation interest in any Swing Line Advance, such Lender shall be deemed to be in privity of contract with Borrower and have the same rights and remedies against Borrower under the Loan Documents as if such funded participation interest in such Swing Line Advance were a Revolving LoanLoan Advance.