Joint and Several Obligors Sample Clauses

Joint and Several Obligors. The payment and performance of the Obligations shall at all times be a joint and several obligation of the Company and each other Borrower pursuant to Section 13.A hereof or pursuant to one or more Additional Obligor Supplements delivered to the Administrative Agent, as the same may be amended, modified or supplemented from time to time.
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Joint and Several Obligors. Section 13.1.A.
Joint and Several Obligors. To induce the Lenders and the L/C Issuer to provide the credits described herein and in consideration of benefits expected to accrue to the Borrowers by reason of the Revolving Credit Commitments and for other good and valuable consideration, receipt of which is hereby acknowledged, each Borrower hereby unconditionally and irrevocably confirms jointly and severally to the Administrative Agent, the Lenders and the L/C Issuer, the due and punctual payment of all present and future Obligations, including, but not limited to, the due and punctual payment of principal of and interest on the Loans, Notes, the Reimbursement Obligations, and the due and punctual payment of all other Obligations now or hereafter owed by any Borrower under the Loan Documents as and when the same shall become due and payable, whether at stated maturity, by acceleration, or otherwise, according to the terms hereof and thereof (including all interest, costs, fees, and charges after the entry of an order for relief against any Borrower or such other obligor in a case under the United States Bankruptcy Code or any similar proceeding, whether or not such interest, costs, fees and charges would be an allowed claim against such Borrower or any such obligor in any such proceeding). In case of failure by any Borrower punctually to pay any Obligations, each other Borrower hereby unconditionally agrees to make such payment or to cause such payment to be made punctually as and when the same shall become due and payable, whether at stated maturity, by acceleration, or otherwise.
Joint and Several Obligors. The payment by the EUR Issuer of all amounts due with respect to the Notes and the performance by the EUR Issuer of its obligations under this Agreement are joint and several obligations of the Company, Holdings, the EUR Issuer and the Obligor Affiliates pursuant to (as limited by) the provisions of Section 24 herein.
Joint and Several Obligors. The payment by each Issuer of all amounts due with respect to the Notes and the performance by each Issuer of its obligations under this Agreement are joint and several obligations of Holdings, the Issuers and the Obligor Affiliates pursuant to (as limited by) the provisions of Section 24 herein.
Joint and Several Obligors. To induce the Lenders to provide the credits described herein and in consideration of benefits expected to accrue to the Borrowers by reason of the Revolving Credit Commitments and for other good and valuable consideration, receipt of which is hereby acknowledged, each Borrower hereby unconditionally and irrevocably confirms jointly and severally to the Administrative Agent and the Lenders, the due and punctual payment of all present and future Obligations, including, but not limited to, the due and punctual payment of principal of and interest on the Loan, Notes, the Reimbursement Obligations, and the due and punctual payment of all other Obligations now or hereafter owed by any Borrower under the Loan Documents as and when the same shall become due and payable, whether at stated maturity, by acceleration, or otherwise, according to the terms hereof and thereof. In case of failure by any Borrower punctually to pay any Obligations, each other Borrower hereby unconditionally agrees to make such payment or to cause such payment to be made punctually as and when the same shall become due and payable, whether at stated maturity, by acceleration, or otherwise.
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Joint and Several Obligors. (a) Each Borrower agrees that it is jointly and severally liable for all the Obligations, Hedging Liability and Funds Transfer and Deposit Account Liability of each other Borrower; provided, however, no Foreign Borrower shall be liable (whether as a joint and several obligor or as a guarantor) for the Obligations, Hedging Liability and Funds Transfer and Deposit Account Liability of any Domestic Borrower. Each Borrower further acknowledges and agrees that its joint and several liability on the Loans and on all other Obligations, Hedging Liability and Funds Transfer and Deposit Account Liability owed by any Borrower or Borrowers is absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever by the Lenders or the Administrative Agent, and without limiting the generality of the foregoing, each Borrower’s joint and several liability on the Obligations, Hedging Liability and Funds Transfer and Deposit Account Liability of the Borrowers shall not be impaired by any acceptance by the Administrative Agent or the Lenders of any other security for or guarantors upon the Obligations, Hedging Liability and Funds Transfer and Deposit Account Liability or by any failure, neglect or omission on the Lenders’ or the Administrative Agent’s part to resort to any one or all of the Borrowers for payment of the Obligations, Hedging Liability and Funds Transfer and Deposit Account Liability or to realize upon or protect any collateral security therefor. Each Borrower’s joint and several liability on the Obligations, Hedging Liability and Funds Transfer and Deposit Account Liability of each Borrower shall not in any manner be impaired or affected by who receives or uses the proceeds of the Loans or for what purposes such proceeds are used, and each Borrower waives notice of borrowing requests issued by, and loans made to, other Borrowers. Such joint and several liability of each Borrower shall also not be impaired or affected by any sale, pledge, surrender, compromise, settlement, release, renewal, extension, indulgence, alteration, substitution, exchange, change in, modification or disposition of any collateral security for the Obligations, Hedging Liability and Funds Transfer and Deposit Account Liability or of any guaranty thereof. In order to enforce payment of the Obligations, Hedging Liability and Funds Transfer and Deposit Account Liability, foreclose or otherwise realize on any collateral security therefor, and to exe...
Joint and Several Obligors. (a) Each Borrower agrees that it is jointly and severally liable for all the Obligations, Hedging Liability and Funds Transfer and Deposit Account Liability of each other Borrower; provided, however, no Foreign Borrower shall be liable (whether as a joint and several obligor or as a guarantor) for the Obligations, Hedging
Joint and Several Obligors. Each Counterparty joins in the execution of this Agreement as a direct obligor with respect to UBS with joint and several liability among each Counterparty. The parties hereto agree that:
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