Borrowers’ Obligations Joint and Several. (a) Each of the Borrowers is accepting joint and several liability hereunder in consideration of the financial accommodation to be provided by the Lenders under this Credit Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers to accept joint and several liability for the obligations of each of them.
Appears in 4 contracts
Samples: Credit Agreement (Speedway Motorsports Inc), Credit Agreement (Inex Corp), Credit Agreement (Inex Corp)