Common use of Benefit of Joint and Several Obligations Clause in Contracts

Benefit of Joint and Several Obligations. Each Borrower agrees that the provisions of this Section 2.12 are for the benefit of Agent and Lenders and their successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Borrower, Agent and any Lender, the obligations of such other Borrower under the Loan Documents.

Appears in 9 contracts

Samples: Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Kaspien Holdings Inc.)

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Benefit of Joint and Several Obligations. Each Borrower agrees that the provisions of this Section 2.12 are for the benefit of Agent and Lenders Lxxxxxx and their successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Borrower, Agent and any Lender, the obligations of such other Borrower under the Loan Documents.

Appears in 6 contracts

Samples: Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.)

Benefit of Joint and Several Obligations. Each Borrower agrees that the provisions of this Section 2.12 2.13 are for the benefit of Agent and Lenders and their respective successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Borrower, Borrower and Agent and any Lenderor Lenders, the obligations of such other Borrower under the Loan Documents.

Appears in 5 contracts

Samples: Second Lien Credit Agreement (Performance Health Holdings Corp.), Credit Agreement (Performance Health Holdings Corp.), Second Lien Credit Agreement (Performance Health Holdings Corp.)

Benefit of Joint and Several Obligations. Each Borrower agrees that the provisions of this Section 2.12 are for the benefit of Agent and Lenders Xxxxxxx and their successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Borrower, Agent and any Lender, the obligations of such other Borrower under the Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (Aytu Biopharma, Inc), Loan and Security Agreement (Kaspien Holdings Inc.)

Benefit of Joint and Several Obligations. Each Borrower agrees that the provisions of this Section 2.12 1.4 are for the benefit of the Agent and Lenders and their respective successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Borrower, Borrower and the Agent and any Lenderor the Lenders, the obligations of such other Borrower under the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Tabula Rasa HealthCare, Inc.)

Benefit of Joint and Several Obligations. Each Borrower agrees that the provisions of this Section 2.12 9.22 are for the benefit of Agent the Lender and Lenders and their its respective successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Borrower, Agent Borrower and any the Lender, the obligations of such other Borrower under the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (FaceBank Group, Inc.)

Benefit of Joint and Several Obligations. Each Borrower agrees that the provisions of this Section 2.12 2.8 are for the benefit of Agent and Lenders Lxxxxxx and their successors, transferees, endorsees and permitted assigns, and nothing herein contained shall impair, as between any other Borrower, Agent and any Lender, the obligations of such other Borrower under the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Rubicon Technologies, Inc.)

Benefit of Joint and Several Obligations. Each Borrower agrees that the provisions of this Section 2.12 are for the benefit of Agent and Lenders and their successors, transferees, endorsees and permitted assigns, and nothing herein contained shall impair, as between any other Borrower, Agent and any Lender, the obligations of such other Borrower under the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Ranger Energy Services, Inc.)

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Benefit of Joint and Several Obligations. Each Borrower agrees that the provisions of this Section 2.12 2.10 are for the benefit of Agent and Lenders and their successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Borrower, Agent and any Lender, the obligations of such other Borrower under the Loan Documents.

Appears in 1 contract

Samples: Subordination Agreement (Rubicon Technologies, Inc.)

Benefit of Joint and Several Obligations. Each Borrower agrees that the provisions of this Section 2.12 13 are for the benefit of Agent Lender and Lenders and their its successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Borrower, Agent Borrower and any Lender, the obligations of such other Borrower under the Loan DocumentsFinancing Agreements.

Appears in 1 contract

Samples: Loan and Security Agreement (Fansteel Inc)

Benefit of Joint and Several Obligations. Each Borrower agrees that the provisions of this Section 2.12 are for the benefit of Agent and Lenders Xxxxxxx and their successors, transferees, endorsees and permitted assigns, and nothing herein contained shall impair, as between any other Borrower, Agent and any Lender, the obligations of such other Borrower under the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (R F Industries LTD)

Benefit of Joint and Several Obligations. Each Borrower agrees that the provisions of this Section 2.12 are for the benefit of Agent and Lenders Lxxxxxx and their successors, transferees, endorsees and permitted assigns, and nothing herein contained shall impair, as between any other Borrower, Agent and any Lender, the obligations of such other Borrower under the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (LIVE VENTURES Inc)

Benefit of Joint and Several Obligations. Each Borrower agrees that the provisions of this Section 2.12 are for the benefit of Agent and Lenders and their successors, transferees, endorsees ​ ​ and assigns, and nothing herein contained shall impair, as between any other Borrower, Agent and any Lender, the obligations of such other Borrower under the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Aytu Biopharma, Inc)

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