All Loans to Constitute One Obligation. The Loans shall constitute one general Obligation of Borrower, and shall be secured by Lender's Lien upon all of the Collateral.
All Loans to Constitute One Obligation. The Loans and LC Obligations shall constitute one general Obligation of Borrowers, and shall be secured by Agent's Lien upon all of the Collateral.
All Loans to Constitute One Obligation. The Loans shall constitute one general Obligation of Borrowers and (unless otherwise expressly provided in any Security Document) shall be secured by Agent’s Lien upon all of the Collateral; provided, however, that Agent and each Lender shall be deemed to be a creditor of each Borrower and the holder of a separate claim against each Borrower to the extent of any Obligations jointly and severally owed by Borrowers to Agent or such Lender.
All Loans to Constitute One Obligation. All Loans shall constitute one general joint and several obligation of Borrowers, and shall be secured by Lender's security interest in and Lien upon all of the Collateral, and by all other security interests and Liens heretofore, now or at any time or times hereafter granted by Borrower to Lender.
All Loans to Constitute One Obligation. The Loans and LC Guarantees shall constitute one general Obligation of Borrower, and shall be secured by Agent's Lien upon all of the Collateral as provided in Section 5 hereof.
All Loans to Constitute One Obligation. All Loans shall constitute -------------------------------------- one general Obligation of Borrowers, and shall be secured by Lender's security interest and Lien upon all of the Collateral and by all other security interests and Liens heretofore, now or at any time or times hereafter granted by any Loan Party to Lender.
All Loans to Constitute One Obligation. The Loans and LC Obligations shall constitute one general obligation of Borrowers and (unless otherwise expressly provided in any Security Document) shall be secured by Agent's Lien upon all of the Collateral; provided, however, that Agent and each Lender shall be deemed to be a creditor of each Borrower and the holder of a separate claim against each Borrower to the extent of any Obligations owed by Borrowers to Agent or such Lender.
All Loans to Constitute One Obligation. The Loans shall constitute one general Obligation of Borrower and (unless and to the extent otherwise expressly provided in any of the Security Documents) shall be secured by CIT's Lien upon all of the Collateral.
All Loans to Constitute One Obligation. The Loans and all other extensions of credit and other financial accommodations at any time made pursuant hereto shall constitute one general obligation of the Obligors, jointly and severally, and shall be secured by the Liens on the Collateral in favor of the Collateral Agent; provided, however, that each of the Agents, the Issuers and the Lenders shall be deemed to be a creditor of each Obligor and the holder of a separate claim against each Obligor to the extent of all Obligations owed by each Obligor to such Agent, Issuer or Lender.
All Loans to Constitute One Obligation. Except as set forth in Section 1.3 to the contrary, for the purpose of being ratably secured by Agents' Liens upon all of the Collateral, the Loans and LC Obligations shall constitute one general Obligation of Borrowers; provided, however, that (i) the Canadian Collateral shall not secure the U.S. Obligations, (ii) the U.K. Collateral shall not secure the Canadian Obligations and (iii) the Canadian Collateral shall not secure the U.K. Obligations.
