Interrelatedness of Borrowers. The business operations of each Borrower are interrelated and complement one another, and such companies have a common business purpose, with intercompany bookkeeping and accounting adjustments used to separate their respective Properties, liabilities and transactions. To permit their uninterrupted and continuous operation, such companies now require and will from time to time hereafter require funds for general business purposes. The proceeds of Advances under the Credit Facility will directly or indirectly benefit each Borrower hereunder severally and jointly, regardless of which Borrower requests or receives part or all of the proceeds of such Loan.
Interrelatedness of Borrowers. The business operations of each Borrower are interrelated and complement one another, and such companies have a common business purpose, with inter-company bookkeeping and accounting adjustments used to separate their respective Properties, Liabilities, and transactions. To permit their uninterrupted and continuous operations, such companies now require and will from time to time hereafter require funds for general business purposes. The proceeds of Advances under the Revolving Credit and the making of the Term Loans will directly or indirectly benefit each Borrower hereunder severally and jointly, regardless of which Borrower requests or receives part or all of the proceeds of such advances.
Interrelatedness of Borrowers. The business operations of each BORROWER are interrelated and complement one another, and such companies and partnerships have a common business purpose, with intercompany bookkeeping and accounting adjustments used to separate their respective Properties, liabilities and transactions. To permit their uninterrupted and continuous operation, such companies and partnerships now require and will from time to time hereafter require funds for general business purposes. The proceeds of the Term Loan and of Advances under the Total Facility will directly or indirectly benefit each BORROWER hereunder, jointly and severally, regardless of which BORROWER requests or receives part or all of the proceeds of such Term Loan or Advance, as applicable.
Interrelatedness of Borrowers. The business operations of each Borrower ---- ----------------------------- are interrelated and complement one another, and such entities have a common business purpose and common management. To permit their uninterrupted and continuous operations, such entities now require and will from time to time hereafter require funds and credit accommodations for general business purposes. The proceeds of advances under the Revolver and other credit facilities extended hereunder will directly or indirectly benefit each Borrower hereunder, severally and jointly, regardless of which Borrower requests or receives part or all of the proceeds of such advances.
Interrelatedness of Borrowers. The business operations of Borrowers are interrelated and complement one another, and such entities have a common business purpose, with intercompany bookkeeping and accounting adjustments used to separate their respective properties, liabilities, and transactions. To permit their uninterrupted and continuous operations, such entities now require and will from time to time hereafter require funds and credit accommodations for general business purposes. The proceeds of advances under the Loan will directly or indirectly benefit each Borrower hereunder, severally and jointly, regardless of which Borrower requests or receives part or all of the proceeds of such advances. The Acquired Assets, although owned by Triad, will be used by or for the benefit of all Borrowers from time to time.
Interrelatedness of Borrowers. The business operations of Borrowers are interrelated and complement one another, and such entities have a common business purpose, with intercompany bookkeeping and accounting adjustments used to separate their respective properties, liabilities, and transactions. To permit their uninterrupted and continuous operations, such entities now require and will from time to time hereafter require funds and credit accommodations for general business purposes. The proceeds of advances under the Loan will directly or indirectly benefit each Borrower hereunder, severally and jointly, regardless of which Borrower requests or receives part or all of the proceeds of such advances. The Southland Assets, although owned by Triad, will be used by or for the benefit of all Borrowers from time to time.
Interrelatedness of Borrowers. 53 5.20 STOCK PURCHASE AGREEMENT . . . . . . . . . . . . . . . . . . . . 53 5.21
Interrelatedness of Borrowers. The business operations of each Borrower may be interrelated and may complement one another and the proceeds of advances under the Line may directly or indirectly benefit each Borrower, regardless of which Borrower requests or receives the proceeds of such advances.
Interrelatedness of Borrowers. 19 6.23 ENVIRONMENTAL REPRESENTATIONS.........................................................19 6.24
