Borrower Limitations. Other than the Company, each Borrower shall only be liable for its Obligations (including, without limitation, Loans extended to it) and shall not be liable for any other Borrower’s Obligations. The Company shall be liable for all of the Borrowers’ Obligations. Each Subsidiary Guarantor shall guaranty the repayment of all Obligations, irrespective of the Borrower that incurs such Obligations.
Appears in 4 contracts
Samples: Credit Agreement (Schulman a Inc), Credit Agreement (Schulman a Inc), Credit Agreement (Insight Enterprises Inc)
Borrower Limitations. Other than the Company, each Borrower shall only be liable for its Obligations (including, without limitation, Loans extended to it) and shall not be liable for any other Borrower’s Obligations. The Company shall be liable for all of the Borrowers’ Obligations and all Secured Obligations. Each Subsidiary Guarantor shall guaranty the repayment of all Secured Obligations, irrespective of the Borrower or any of the Company’s Subsidiaries that incurs incur such Secured Obligations.
Appears in 1 contract
Samples: Credit Agreement (Schulman a Inc)
