Common use of Multiple Borrowers Clause in Contracts

Multiple Borrowers. If more than one Person is named herein as the Borrower, all obligations, representations and covenants herein and in other Loan Documents to which the Borrower is a party shall be joint and several.

Appears in 10 contracts

Samples: Credit and Security Agreement (Prestige Cosmetics Corp), Revolving Credit and Security Agreement (Nstor Technologies Inc), Term Loan, Revolving Credit and Security Agreement (Able Telcom Holding Corp)

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Multiple Borrowers. If more than one Person is named herein as the Borrower, all obligations, representations and covenants herein and in other Loan Documents to which the Borrower is a party shall be joint and several.

Appears in 2 contracts

Samples: Credit Agreement (Avatar Holdings Inc), Credit Agreement (Avatar Holdings Inc)

Multiple Borrowers. If more than one Person is named herein as the Borrower, then all obligations, representations and covenants herein in this Agreement and in other Loan Documents to which the Borrower is a party shall be joint and several.

Appears in 1 contract

Samples: Credit Agreement (Comstock Homebuilding Companies, Inc.)

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Multiple Borrowers. If more than one Person is named herein ------------------ as the Borrower, all obligations, representations and covenants herein and in other Loan Documents to which the Borrower is a party shall be joint and several.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Pra International Inc)

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