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

Joint and Several Obligations of Obligors. (a) Subject to Section 21(c), each of the Obligors is accepting joint and several liability hereunder, in consideration of the financial accommodation to be provided by the holders of the Obligations, of each of the Obligors and in consideration of the undertakings of each of the Obligors to accept joint and several liability for the obligations of each of them.

Appears in 4 contracts

Samples: Credit Agreement (Aaron's Company, Inc.), Credit Agreement (Aaron's Company, Inc.), Credit Agreement (Aaron's Company, Inc.)

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Joint and Several Obligations of Obligors. (a) Subject to Section 21(c), each of the Obligors is accepting joint and several liability hereunder, in consideration of the financial accommodation to be provided by the holders of the Guaranteed Obligations, of each of the Obligors and in consideration of the undertakings of each of the Obligors to accept joint and several liability for the obligations of each of them.

Appears in 3 contracts

Samples: Loan Facility Agreement and Guaranty (Aaron's Company, Inc.), Loan Facility Agreement and Guaranty (Aaron's Company, Inc.), Loan Facility Agreement and Guaranty (Aaron's Company, Inc.)

Joint and Several Obligations of Obligors. (a) Subject to subsection (c) of this Section 21(c)21, each of the Obligors is accepting joint and several liability hereunder, hereunder in consideration of the financial accommodation to be provided by the holders of the Obligations, of each of the Obligors Xxxxxx and in consideration of the undertakings of each of the Obligors to accept joint and several liability for the obligations of each of them.

Appears in 2 contracts

Samples: Security and Pledge Agreement (HCI Group, Inc.), Amended and Restated Security and Pledge Agreement (HCI Group, Inc.)

Joint and Several Obligations of Obligors. (a) Subject to subsection (c) of this Section 21(c)21, each of the Obligors is accepting joint and several liability hereunder, in consideration of the financial accommodation to be provided by the holders of the Obligations, of each of the Obligors and in consideration of the undertakings of each of the Obligors to accept joint and several liability for the obligations of each of them.

Appears in 2 contracts

Samples: Pledge and Security Agreement (FutureFuel Corp.), Pledge and Security Agreement (FutureFuel Corp.)

Joint and Several Obligations of Obligors. (a) Subject to subsection (c) of this Section 21(c)21, each of the Obligors is accepting joint and several liability hereunder, hereunder in consideration of the financial accommodation to be provided by the holders of the Obligations, of each of the Obligors Lender and in consideration of the undertakings of each of the Obligors to accept joint and several liability for the obligations of each of them.

Appears in 1 contract

Samples: Security and Pledge Agreement (HCI Group, Inc.)

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Joint and Several Obligations of Obligors. (a) Subject to Section 21(c)clause (c) below, each of the Obligors is accepting accepts joint and several liability hereunder, in consideration of the financial accommodation to be provided by the holders of the Secured Obligations, of with respect to each of the Obligors and other Obligors, and, in consideration of the undertakings of the other Obligors, each of the Obligors to accept Obligor accepts joint and several liability for the obligations of each of themthe other Obligors.

Appears in 1 contract

Samples: Security and Pledge Agreement (Rotech Healthcare Holdings Inc.)

Joint and Several Obligations of Obligors. (a) Subject to subsection (c) of this Section 21(c)23, each of the Obligors is accepting joint and several liability hereunder, in consideration of the financial accommodation to be provided by the holders of the Secured Obligations, of each of the Obligors and in consideration of the undertakings of each of the Obligors to accept joint and several liability for the obligations of each of them.

Appears in 1 contract

Samples: Security and Pledge Agreement (Health Insurance Innovations, Inc.)

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