Common use of Joint Benefit Clause in Contracts

Joint Benefit. The Companies engage in complimentary lines of ------------- business and therefore each Loan made hereunder to any of the Companies, and each Letter of Credit made available hereunder, benefits all of the Companies.

Appears in 2 contracts

Sources: Credit Agreement (CWM Mortgage Holdings Inc), Credit Agreement (CWM Mortgage Holdings Inc)

Joint Benefit. The Companies engage in complimentary lines of ------------- business and therefore each Loan made hereunder to any of the Companies, and each Letter of Credit made available hereunder, Companies benefits all of the Companies.

Appears in 2 contracts

Sources: Credit Agreement (CWM Mortgage Holdings Inc), Credit Agreement (CWM Mortgage Holdings Inc)