Allocation of Obligations. The obligations of the Company (including any Designated Subsidiaries) and the Co-Borrower under this Agreement shall be several and not joint. Except to the extent otherwise expressly provided in Article VII, obligations arising to the Agent or the Lenders pertaining to any Advance hereunder shall be obligations of the Borrower to whom such Advance was made, and neither of the Company nor the Co-Borrower shall be liable for any portion of any obligation of, or any amount allocated to, the other such Borrower. Any obligation that is to be allocated between the Company and the Co-Borrower shall be so allocated on the basis of the Contribution Percentages.
Appears in 6 contracts
Samples: Credit Agreement (At&t Inc.), 364 Day Credit Agreement (At&t Inc.), Credit Agreement (At&t Inc.)
