Common use of Joint and Several Liability Payment Indemnifications Clause in Contracts

Joint and Several Liability Payment Indemnifications. (a) All Obligations of Borrowers under the Financing Documents shall be the joint and several Obligations of the Borrowers. The Obligations of and the Liens granted by any such Borrower under the Financing Documents shall not be impaired or released by any action or inaction on the part of Agent or any Lender with respect to any Credit Party, including any action or inaction which would otherwise release a surety.

Joint and Several Liability Payment Indemnifications. (a) All Obligations Loans and other obligations of the Borrowers under the Financing Loan Documents shall be the joint and several Obligations obligations of the Borrowerseach Borrower. The Obligations of Loans and other obligations of, and the Liens granted by by, any such Borrower under the Financing Loan Documents shall not be impaired or released by any action or inaction on the part of any Agent or any Lender with respect to any Credit other Loan Party, including any action or inaction which would otherwise release a surety.

Joint and Several Liability Payment Indemnifications. (ai) All Obligations of Borrowers under the Financing Loan Documents shall be the joint and several Obligations of the Borrowerseach Borrower. The Obligations of and the Liens granted by any such Borrower under the Financing Loan Documents shall not be impaired or released by any action or inaction on the part of Agent or any Lender with respect to any Credit Partyother Borrower, including any action or inaction which would otherwise release a surety.

Joint and Several Liability Payment Indemnifications. (a) All Obligations of Borrowers under the Financing Documents shall be the joint and several Obligations of the Borrowers. The Obligations of and the Liens granted by any such Borrower under the Financing Documents shall not be impaired or released by any action or inaction on the part of any Agent or any Lender with respect to any Credit Party, including any action or inaction which would otherwise release a surety.