Common use of Joint and Several Liability of US Borrowers Clause in Contracts

Joint and Several Liability of US Borrowers. (a) Each U.S. Borrower is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodations to be provided by the Lender Group under this Agreement, for the mutual benefit, directly and indirectly, of each U.S. Borrower and in consideration of the undertakings of the other U.S. Borrowers to accept joint and several liability for the U.S. Obligations and the U.K. Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Take Two Interactive Software Inc), Credit Agreement (Take Two Interactive Software Inc)

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Joint and Several Liability of US Borrowers. (ai) Each U.S. Borrower is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodations to be provided by the Lender Group under this Agreement, for the mutual benefit, directly and indirectly, of each U.S. Borrower and in consideration of the undertakings of the other U.S. Borrowers to accept joint and several liability for the U.S. Obligations and the U.K. Obligations.

Appears in 1 contract

Samples: Credit Agreement (Seitel Inc)

Joint and Several Liability of US Borrowers. (ai) Each U.S. US Borrower is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodations to be provided by the Lender Group under this Agreement, for the mutual benefit, directly and indirectly, of each U.S. Borrower and in consideration of the undertakings of the other U.S. US Borrowers to accept joint and several liability for the U.S. Obligations and the U.K. Obligations.

Appears in 1 contract

Samples: Credit Agreement (Nacco Industries Inc)

Joint and Several Liability of US Borrowers. (a) Each U.S. US Borrower is accepting joint and several liability hereunder and under the other Loan Documents with the other US Borrowers in consideration of the financial accommodations to be provided by the Lender Group under this Agreement, for the mutual benefit, directly and indirectly, of each U.S. US Borrower and in consideration of the undertakings of the other U.S. US Borrowers to accept joint and several liability for the U.S. Obligations and the U.K. Obligations.

Appears in 1 contract

Samples: Credit Agreement (Coleman Cable, Inc.)

Joint and Several Liability of US Borrowers. (aA) Each U.S. US Borrower is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodations to be provided by the Lender Group under this Agreement, for the mutual benefit, directly and indirectly, of each U.S. Borrower and in consideration of the undertakings of the other U.S. US Borrowers to accept joint and several liability for the U.S. Obligations and the U.K. Obligations.

Appears in 1 contract

Samples: Credit Agreement (Polyone Corp)

Joint and Several Liability of US Borrowers. (a) Each U.S. US Borrower is accepting joint and several liability hereunder and under the other Loan Documents executed by US Borrowers in consideration of the financial accommodations to be provided by the Lender Group under this Agreement, for the mutual benefit, directly and indirectly, of each U.S. US Borrower and in consideration of the undertakings of the other U.S. US Borrowers to accept joint and several liability for the U.S. Obligations and the U.K. Obligationshereunder.

Appears in 1 contract

Samples: Credit Agreement (Upland Software, Inc.)

Joint and Several Liability of US Borrowers. (a) Each U.S. US Borrower is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodations to be provided by the Lender Group under this Agreement, for the mutual benefit, directly and indirectly, of each U.S. US Borrower and in consideration of the undertakings of the other U.S. US Borrowers to accept joint and several liability for the U.S. Obligations and the U.K. US Obligations.

Appears in 1 contract

Samples: Credit Agreement (Kronos Worldwide Inc)

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Joint and Several Liability of US Borrowers. (a) Each U.S. US Borrower is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodations to be provided by the Lender Group under this Agreement, for the mutual benefit, directly and indirectly, of each U.S. US Borrower and in consideration of the undertakings of the other U.S. Borrowers to accept joint and several liability for the U.S. Obligations and the U.K. US Obligations.

Appears in 1 contract

Samples: Credit Agreement (Manitowoc Co Inc)

Joint and Several Liability of US Borrowers. (a) Each U.S. a)Each US Borrower is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodations to be provided by the Lender Group under this Agreement, for the mutual benefit, directly and indirectly, of each U.S. US Borrower and in consideration of the undertakings of the other U.S. US Borrowers to accept joint and several liability for the U.S. Obligations and the U.K. US Obligations.

Appears in 1 contract

Samples: Credit Agreement (Kronos Worldwide Inc)

Joint and Several Liability of US Borrowers. (ai) Each U.S. US Borrower is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodations to be provided by the Lender Group under this Agreement, for the mutual benefit, directly and indirectly, of each U.S. US Borrower and in consideration of the undertakings of the other U.S. US Borrowers to accept joint and several liability for the U.S. Obligations and the U.K. Obligations.

Appears in 1 contract

Samples: Credit Agreement (Exide Technologies)

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