Guaranty Provisions. Each Borrower acknowledges and agrees that, whether or not specifically indicated as such in a Loan Document, all Obligations shall be joint and several Obligations of each individual Borrower, and in furtherance of such joint and several Obligations, each Borrower hereby irrevocably guarantees the payment of all Obligations of each other Borrower as set forth below.
Appears in 8 contracts
Samples: Credit Agreement (Chesapeake Corp /Va/), Revolving Credit Agreement (Sterling Chemicals Inc), Credit Agreement (Adelphia Communications Corp)