Concerning Joint and Several Liability of the Borrowers. Each of the Borrowers is accepting joint and several liability hereunder in consideration of the financial accommodation to be provided by the Banks under this 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 2 contracts
Samples: Revolving Credit Agreement (Trico Marine Services Inc), Revolving Credit Agreement (Trico Marine Services Inc)
Concerning Joint and Several Liability of the Borrowers. Each of the Borrowers is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Banks and the Agent under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of themObligations.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Eastern Environmental Services Inc), Revolving Credit Agreement (Eastern Environmental Services Inc)
Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers Borrower is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Banks Agent and the Lenders under this AgreementAgreement and the Loan Documents, for the mutual benefit, directly and indirectly, of each of the Borrowers Borrower and in consideration of o f the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of them.several
Appears in 1 contract
Concerning Joint and Several Liability of the Borrowers. Each of the Borrowers Borrower is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Banks Lender under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers such Borrower and in consideration of the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of themLiabilities.
Appears in 1 contract
Concerning Joint and Several Liability of the Borrowers. Each of the Borrowers is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Banks Agent and the Lenders under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of themObligations.
Appears in 1 contract
Samples: Multicurrency Revolving Credit Agreement (United States Filter Corp)
Concerning Joint and Several Liability of the Borrowers. Each of the Borrowers is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Banks under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of themObligations.
Appears in 1 contract
Samples: Credit Agreement (Newtech Corp)
