Common use of Combined Liability Clause in Contracts

Combined Liability. Notwithstanding the foregoing, the Fund Borrowers shall be jointly and severally liable to the Lenders for all representations, warranties, covenants, obligations and indemnities of the Fund Borrowers, including, without limitation, the Obligations, and Administrative Agent and the Lenders may at their option enforce the entire amount of the Loans, the Letters of Credit and the other Obligations against any one or more of the Fund Borrowers.

Appears in 3 contracts

Samples: Credit Agreement (AGTB Private BDC), Revolving Credit Agreement (Franklin BSP Capital Corp), Revolving Credit Agreement (Franklin BSP Capital Corp)

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Combined Liability. Notwithstanding the foregoing, the Fund Borrowers shall be jointly and severally liable to the Lenders for all representations, warranties, covenants, obligations and indemnities of the Fund Borrowers, including, without limitation, the Obligations, and Administrative 50 Agent and the Lenders may at their option enforce the entire amount of the Loans, the Letters of Credit and the other Obligations against any one or more of the Fund Borrowers.

Appears in 1 contract

Samples: Revolving Credit Agreement (Carlyle Secured Lending III)

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