Common use of Interrelated Businesses Clause in Contracts

Interrelated Businesses. Borrowers and Guarantors make up an interrelated organization of various entities constituting a single economic and business enterprise in which each of Borrowers and Guarantors shares an identity of interests such that any benefit received by any one of the Borrowers and Guarantors benefits the other Borrowers and Guarantors. Each of Borrowers and 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 such Persons and administrative, marketing, payroll and management services to or from or for the benefit of, the other Borrowers and Guarantors. Borrowers and Guarantors have (i) substantially consolidated accounting, administrative, financial, computer, credit, legal and other services, and (ii) substantially common officers and directors and are identified to creditors as a common entity.

Interrelated Businesses. Borrowers and Guarantors make up an interrelated a related organization of various entities constituting a single economic and business enterprise in which each of so that Borrowers and Guarantors shares share an identity of interests such that any benefit received by any one of them benefits the others. Borrowers and Guarantors benefits the other Borrowers and Guarantors. Each of Borrowers and Guarantors purchases or sells and supplies goods and renders or receives render services to or from, or for the benefit of, of the other such Persons Borrowers and/or Guarantors, as the case may be, purchase or sell and provides supply goods to or receives from or for the benefit of the others, make loans, advances and provide other financial accommodations to or for the benefit of the other such Persons 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 (i) substantially consolidated accountingthe same chief executive office, administrative, financial, computer, credit, certain centralized accounting and legal and other services, and (ii) substantially certain common officers and directors and are identified generally do not provide consolidating financial statements to creditors as a common entitycreditors.