Common use of All Loans to Constitute One Obligation Clause in Contracts

All Loans to Constitute One Obligation. Except as set forth in Section 1.3 to the contrary and 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 the U.K. Collateral and the Canadian Collateral shall not secure the U.S. Obligations.

All Loans to Constitute One Obligation. Except as set forth in Section 1.3 to the contrary and 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 the U.K. Collateral and (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.

All Loans to Constitute One Obligation. Except as set forth in Section 1.3 to the contrary and 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 the U.K. Collateral and (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.

All Loans to Constitute One Obligation. Except as set forth in Section 1.3 to the contrary and 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 the U.K. Collateral and the Canadian Collateral shall not secure the U.S. Obligations.