Common use of Joint and Several Obligations of Borrowers Clause in Contracts

Joint and Several Obligations of Borrowers. (a) Each 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 Lenders under this Agreement, for the mutual benefit, directly and indirectly, of each Borrower and in consideration of the undertakings of each other Borrower to accept joint and several liability for the Obligations under the Loan Documents.

Joint and Several Obligations of Borrowers. (a) Each Borrower of the Borrowers is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodations accommodation to be provided by the Lenders under this the Credit Agreement, for the mutual benefit, directly and indirectly, of each Borrower of the Borrowers and in consideration of the undertakings of each other Borrower of the Borrowers to accept joint and several liability for the Obligations under the Loan Documentsobligations of each of them.

Joint and Several Obligations of Borrowers. (a) Each 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 Lenders under this Agreement, for the mutual benefit, directly and indirectly, of each Borrower and in consideration of the undertakings of each the other Borrower Borrowers to accept joint and several liability for the Obligations under the Loan DocumentsObligations.