Common use of Interrelated Businesses Clause in Contracts

Interrelated Businesses. Borrowers and Guarantors make up a related organization of various entities constituting one single and economic enterprise so that Borrowers and Guarantor share an identity of interests such that any benefit received by any one of them benefits the others. Each Borrower and Guarantor renders services to or for the benefit of the other Borrowers and/or Guarantors, as the case may be, purchases or sells and supplies goods to or from or for the benefit of the other Borrowers and Guarantors (including, without limitation, the payment 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 and Guarantors have centralized accounting and legal services, and common officers and directors.

Interrelated Businesses. Borrowers and Guarantors make up a related organization of various entities constituting one a single economic and economic business enterprise so that Borrowers and Guarantor Guarantors share an identity of interests such that any benefit received by any one of them benefits the others. Each Borrower Borrowers and Guarantor renders Guarantors render services to or for the benefit of the other Borrowers and/or Guarantors, as the case may be, purchases purchase or sells sell and supplies supply goods to or from or for the benefit of the others, make loans, advances and provide other Borrowers and Guarantors (including, without limitation, financial accommodations to or for the payment by Borrowers and Guarantors of Indebtedness benefit of the other Borrowers and Guarantors) Guarantors and provide administrative, marketing, payroll and management services to or for the benefit of the other Borrowers and Guarantors. Borrowers and Guarantors have the same chief executive office, certain centralized accounting and legal services, and certain common officers and directorsdirectors and generally do not provide consolidating financial statements to creditors.

Interrelated Businesses. Borrowers and Guarantors make up a related an interrelated organization of various entities constituting one a single economic and economic business enterprise so that in which each of Borrowers and Guarantor share Guarantors shares an identity of interests such that any benefit received by any one of them the Borrowers and Guarantors benefits the othersother Borrowers and Guarantors. Each Borrower of Borrowers and Guarantor Guarantors purchases or sells and supplies goods and renders or receives services to or from, or for the benefit of, the other such Persons and provides or receives other financial accommodations to or for the benefit of the other Borrowers and/or Guarantors, as the case may be, purchases or sells such Persons and supplies goods to or from or for the benefit of the other Borrowers and Guarantors (including, without limitation, the payment by Borrowers and Guarantors of Indebtedness of the other Borrowers and Guarantors) and provide administrative, marketing, payroll and management services to or from or for the benefit of of, the other Borrowers and Guarantors. Borrowers and Guarantors have centralized accounting (i) substantially consolidated accounting, administrative, financial, computer, credit, legal and legal other services, and (ii) substantially common officers and directorsdirectors and are identified to creditors as a common entity.