Common use of All Obligations to Constitute Joint and Several Obligations Clause in Contracts

All Obligations to Constitute Joint and Several Obligations. (a) All Obligations shall constitute joint and several obligations of the Borrowers and shall be secured by the Administrative Agent’s Lien upon all of the Collateral, and by all other Liens heretofore, now or at any time hereafter granted by the Borrowers to the Administrative Agent, for the benefit of the Lenders, the Bank Product Providers or the Lender-Related Hedge Providers, to the extent provided in the Loan Documents.

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement (Fox Factory Holding Corp), Credit and Term Loan Agreement (Fox Factory Holding Corp), Revolving Credit Agreement (Fox Factory Holding Corp)

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All Obligations to Constitute Joint and Several Obligations. (a) All Obligations shall constitute joint and several obligations of the Borrowers and shall be secured by the Administrative Agent’s Lien upon all of the Collateral, and by all other Liens heretofore, now or at any time hereafter granted by the Borrowers to the Administrative Agent, for the benefit of the Lenders, the Bank Product Providers or the Lender-Related Hedge ProvidersSecured Parties, to the extent provided in the Loan DocumentsDocuments or Bank Product Documents under which such Lien arises.

Appears in 1 contract

Samples: Credit Agreement (Smith & Wesson Holding Corp)

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