Common Enterprise; Benefit Received. Each Borrower is a member of an ------------------------------------ affiliated group and the Borrowers are collectively engaged in a common enterprise with one another. Each Borrower will receive reasonably equivalent value in exchange for the obligations incurred under the Loan Documents to which each is a party. Each Borrower will derive substantial benefit from the credit extended pursuant hereto in an amount at least equal to its obligations under the Loan Documents to which it is a party.
Appears in 1 contract
Samples: Loan and Security Agreement (Advanced Nutraceuticals Inc/Tx)
Common Enterprise; Benefit Received. Each Borrower is a member of an ------------------------------------ ----------------------------------- affiliated group and the Borrowers are collectively engaged in a common enterprise with one another. Each Borrower will receive reasonably equivalent value in exchange for the obligations incurred under the Loan Documents to which each is a party. Each Borrower will derive substantial benefit from the credit extended pursuant hereto in an amount at least equal to its obligations under the Loan Documents to which it is a party.
Appears in 1 contract
Samples: Loan and Security Agreement (Nutrition for Life International Inc)
Common Enterprise; Benefit Received. Each Borrower is a member and its Material Subsidiaries are members of an ------------------------------------ affiliated group and the Borrowers are collectively engaged in a common enterprise with one another. Each Borrower Obligor will receive reasonably equivalent value in exchange for the obligations incurred under the Loan Documents to which each is a party. Each Borrower Obligor will derive substantial benefit from the credit extended pursuant hereto in an amount at least equal to its obligations under the Loan Documents to which it is a party.
Appears in 1 contract
Samples: Credit Agreement (Wayne Farms, Inc.)