Concerning Joint and Several Liability of the Guarantors. (a) Each Guarantor accepts joint and several liability for the Obligations hereunder and under the other Loan Documents in consideration of the financial accommodations to be provided by the Administrative Agent and the Lenders under the Loan Agreement, for the mutual benefit, directly and indirectly, of each Guarantor and in consideration of the undertakings of each other Guarantor to accept joint and several liability for the Obligations.
Appears in 3 contracts
Samples: Term Loan Agreement (Panera Bread Co), Term Loan Agreement (Panera Bread Co), Term Loan Agreement (Panera Bread Co)
Concerning Joint and Several Liability of the Guarantors. (a) Each Guarantor accepts joint and several liability for the Obligations hereunder and under the other Loan Documents in consideration of the financial accommodations to be provided by the Administrative Agent and the Lenders under the Loan Credit Agreement, for the mutual benefit, directly and indirectly, of each Guarantor and in consideration of the undertakings of each other Guarantor to accept joint and several liability for the Obligations.
Appears in 2 contracts
Samples: Credit Agreement (Panera Bread Co), And Security Agreement (EPL Intermediate, Inc.)
Concerning Joint and Several Liability of the Guarantors. (a) Each Guarantor accepts of the Guarantors is accepting joint and several liability for the Obligations hereunder and under the other Loan Documents to the extent set for in Section 29.1 in consideration of the financial accommodations to be provided by the Administrative Agent and the Lenders under the Loan this Credit Agreement, for the mutual benefit, directly and indirectly, of each Guarantor of the Guarantors and in consideration of the undertakings of each other Guarantor to accept joint and several liability for the Guaranteed Obligations.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Russell-Stanley Holdings Inc)
