Common use of Interrelated Businesses Clause in Contracts

Interrelated Businesses. Borrowers and Guarantors make up a related organization of various entities constituting a single economic and business enterprise so that Borrowers and Guarantors share an identity of interests such that any benefit received by any one of them benefits the others. Borrowers and Guarantors render services to or for the benefit of the other Borrowers and/or Guarantors, as the case may be, purchase or sell and supply goods to or from or for the benefit of the others, make loans, advances and provide other financial accommodations to or for the benefit of the other Borrowers and Guarantors (including inter alia, the payment by Borrowers and Guarantors of creditors of the other Borrowers or Guarantors and guarantees by Borrowers and Guarantors of indebtedness of the other Borrowers and Guarantors and provide administrative, marketing, payroll and management services to or for the benefit of the other Borrowers and Guarantors). Borrowers have a central merchandising group that purchases substantially all of the Inventory on behalf of all Borrowers. Borrowers and Guarantors have centralized legal services, certain common officers and directors and generally do not provide consolidating financial statements to creditors.

Interrelated Businesses. Borrowers and Guarantors make up a related organization of various entities constituting a single economic and business enterprise so that Borrowers and Guarantors share an identity of interests such that any benefit received by any one of them benefits the others. Borrowers and Guarantors render services to or for the benefit of the other Borrowers and/or Guarantors, as the case may be, purchase or sell and supply goods to or from or for the benefit of the others, make loans, advances and provide other financial accommodations to or for the benefit of the other Borrowers and Guarantors (including inter alia, the payment by Borrowers and Guarantors of creditors of the other Borrowers or Guarantors and guarantees by Borrowers and Guarantors of indebtedness of the other Borrowers and Guarantors and provide administrative, marketing, payroll and management services to or for the benefit of the other Borrowers and Guarantors). Borrowers have a central merchandising group that purchases substantially all of the Inventory on behalf of all Borrowers. Borrowers and Guarantors have the same chief executive office, centralized accounting and legal services, certain common officers and directors and generally do not provide consolidating financial statements to creditors.

Interrelated Businesses. Borrowers and Guarantors make up a related organization of various entities constituting a single economic and business enterprise so that Borrowers and Guarantors share an identity of interests such that any benefit received by any one of them benefits the others. Certain Borrowers and Guarantors render services to or for the benefit of the other Borrowers and/or Guarantors, as the case may be, purchase or sell and supply goods to or from or for the benefit of the certain others, make loans, advances and provide other financial accommodations to or for the benefit of the certain other Borrowers and Guarantors (including inter alia, the payment by certain Borrowers and Guarantors of creditors of the certain other Borrowers or Guarantors and guarantees by certain Borrowers and Guarantors of indebtedness of the certain other Borrowers and Guarantors and provide administrative, marketing, payroll and management services to or for the benefit of the certain other Borrowers and Guarantors). Borrowers have a central merchandising group that purchases substantially all of the Inventory on behalf of all Borrowers. Certain Borrowers and Guarantors have centralized accounting and legal services, certain common officers and directors and generally do not provide consolidating financial statements to creditorscreditors and Borrowers and Guarantors have the same chief executive office.

Interrelated Businesses. Borrowers and Guarantors make up a related organization of various entities constituting a single economic and business enterprise so that Borrowers and Guarantors share an identity of interests such that any benefit received by any one of them benefits the others. Certain Borrowers and Guarantors render services to or for the benefit of the other Borrowers and/or Guarantors, as the case may be, purchase or sell and supply goods to or from or for the benefit of the certain others, make loans, advances and provide other financial accommodations to or for the benefit of the certain other Borrowers and Guarantors (including inter alia, the payment by certain Borrowers and Guarantors of creditors of the certain other Borrowers or Guarantors and guarantees by certain Borrowers and Guarantors of indebtedness of the certain other Borrowers and Guarantors and provide administrative, marketing, payroll and management services to or for the benefit of the certain other Borrowers and Guarantors). Borrowers have a central merchandising group that purchases substantially all of the Inventory on behalf of all Borrowers. Certain Borrowers and Guarantors have centralized accounting and legal services, certain common officers and directors and generally do not provide consolidating financial statements to creditorscreditors and certain Borrowers and Guarantors have the same chief executive office.

Interrelated Businesses. Borrowers and Guarantors make up a related organization of various entities constituting a single economic and business enterprise so that Borrowers and Guarantors share an identity of interests such that any benefit received by any one of them benefits the others. Borrowers and Guarantors render services to or for the benefit of the other Borrowers and/or Guarantors, as the case may be, purchase or sell and supply goods to or from or for the benefit of the others, make loans, advances and provide other financial accommodations to or for the benefit of the other Borrowers and Guarantors (including inter alia, the payment by Borrowers and Guarantors of creditors of the other Borrowers or Guarantors and guarantees by Borrowers and Guarantors of indebtedness of the other Borrowers and Guarantors and provide administrative, marketing, payroll and management services to or for the benefit of the other Borrowers and Guarantors). Certain Borrowers have a central merchandising group that purchases substantially all of the purchase Inventory on behalf of all certain other Borrowers. Borrowers and Guarantors have 92 the same chief executive office, centralized accounting and legal services, certain common officers and directors and generally do not provide consolidating financial statements to creditors.