Common use of Combined Liability Clause in Contracts

Combined Liability. Notwithstanding the foregoing, the Borrowers within a Fund Group shall be jointly and severally liable to the Lenders for all representations, warranties, covenants, obligations and indemnities, including, without limitation, the Loans in respect of such Fund Group and the other Obligations of all Borrowers within such Fund Group, and the Administrative Agent and the Lenders may at their option enforce the entire amount of such Loans and other Obligations in respect of such Fund Group against any one or more of such Borrowers in such Fund Group. For the avoidance of doubt, no Borrower shall be liable for the representations, warranties, covenants, obligations and indemnities of any Borrower that is not in its Fund Group.

Appears in 7 contracts

Samples: Revolving Credit Agreement (AB Private Credit Investors Corp), Revolving Credit Agreement (AB Private Credit Investors Corp), Revolving Credit Agreement (AB Private Credit Investors Corp)

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