Common use of Nature of Borrower Obligations Clause in Contracts

Nature of Borrower Obligations. Notwithstanding anything to the contrary contained elsewhere in this Agreement, it is understood and agreed by the various parties to this Agreement that: (a) all U.S. Borrowers Obligations to repay principal of, interest on, and all other amounts with respect to, all U.S. Borrower Revolving Loans, Swingline Loans, Letters of Credit and all other U.S. Borrower Obligations pursuant to this Agreement and each other Credit Document (including, without limitation, all fees, indemnities, Taxes and other U.S. Borrower Obligations in connection therewith or in connection with the related Revolving Loan Commitments) shall constitute the joint and several obligations of each of the U.S. Borrowers. In addition to the direct (and joint and several) obligations of the U.S. Borrowers with respect to U.S. Borrower Obligations as described above, all such U.S. Borrower Obligations shall be guaranteed pursuant to, and in accordance with the terms of, the Holdings Guaranty and the U.S. Subsidiaries Guaranty and shall therefore constitute the joint and several obligations of all of the U.S. Credit Parties; and (b) all Canadian Borrower Obligations to repay principal of, interest on, and all other amounts with respect to, all Canadian Borrower Revolving Loans and all other Canadian Borrower Obligations pursuant to this Agreement and each other Credit Document (including, without limitation, all fees, indemnities, Taxes and other Canadian Borrower Obligations in connection therewith or in connection with the related Revolving Loan Commitments) shall constitute the obligations of the Canadian Borrower. In addition to the direct obligations of the Canadian Borrower with respect to Canadian Borrower Obligations as described above, all such Canadian Borrower Obligations shall be guaranteed pursuant to, and in accordance with the terms of, the Holdings Guaranty, the Canadian Subsidiaries Guarantee and the U.S. Subsidiaries Guaranty and shall therefore constitute the joint and several obligations of all of the Credit Parties.

Nature of Borrower Obligations. (a) Notwithstanding anything to the contrary contained elsewhere in this Agreement, it is understood and agreed by the various parties to this Agreement that: (a) that all U.S. Borrowers US Obligations to repay principal of, interest on, and all other amounts with respect to, all U.S. Borrower US Revolving Loans, US Swingline Loans, US Letters of Credit and all other U.S. Borrower US Obligations pursuant to this Agreement and each other Credit Document Document, Banking Products Agreement and Qualified Derivative Agreement (including, without limitation, all fees, indemnities, Taxes taxes and other U.S. Borrower US Obligations in connection therewith or in connection with the related Revolving Loan Commitments) shall constitute the joint and several obligations of each of the U.S. US Borrowers. In addition to the direct (and joint and several) obligations of the U.S. US Borrowers with respect to U.S. Borrower US Obligations as described above, all such U.S. Borrower US Obligations shall be guaranteed pursuant to, and in accordance with the terms of, the Holdings Guaranty Guaranties. (b) Notwithstanding anything to the contrary contained elsewhere in this Agreement, it is understood and agreed by the U.S. Subsidiaries Guaranty various parties to this Agreement that all UK Obligations to repay principal of, interest on, and all other amounts with respect to, all UK Revolving Loans, UK Swingline Loans, UK Letters of Credit and all other UK Obligations pursuant to this Agreement and each other Credit Document, Banking Products Agreement and Qualified Derivative Agreement (including, without limitation, all fees, indemnities, taxes and other UK Obligations in connection therewith or in connection with the related Revolving Loan Commitments) shall therefore constitute the joint and several obligations of all each of the U.S. Credit Parties; andUS Borrowers, the UK Borrowers and the Canadian Borrowers. In addition to the direct (and joint and several) obligations of the US Borrowers, the UK Borrowers and the Canadian Borrowers with respect to UK Obligations as described above, all such UK Obligations shall be guaranteed pursuant to, and in accordance with the terms of, the Guaranties. (bc) Notwithstanding anything to the contrary contained elsewhere in this Agreement, it is understood and agreed by the various parties to this Agreement that all Canadian Borrower Obligations to repay principal of, interest on, and all other amounts with respect to, all Canadian Borrower Revolving Loans Loans, Canadian Letters of Credit and all other Canadian Borrower Obligations pursuant to this Agreement and each other Credit Document Document, Banking Products Agreement and Qualified Derivative Agreement (including, without limitation, all fees, indemnities, Taxes taxes and other Canadian Borrower Obligations in connection therewith or in connection with the related Revolving Loan Commitments) shall constitute the joint and several obligations of each of the US Borrowers, the UK Borrowers and the Canadian BorrowerBorrowers. In addition to the direct (and joint and several) obligations of the US Borrowers, the UK Borrowers and the Canadian Borrower Borrowers with respect to Canadian Borrower Obligations as described above, all such Canadian Borrower Obligations shall be guaranteed pursuant to, and in accordance with the terms of, the Holdings Guaranty, the Canadian Subsidiaries Guarantee and the U.S. Subsidiaries Guaranty and shall therefore constitute the joint and several obligations of all of the Credit Parties.Guaranties

Nature of Borrower Obligations. (a) Notwithstanding anything to the contrary contained elsewhere in this Agreement, it is understood and agreed by the various parties to this Agreement that: (a) that all U.S. Borrowers US Obligations to repay principal of, interest on, and all other amounts with respect to, all U.S. Borrower US Revolving Loans, US Swingline Loans, US Letters of Credit and all other U.S. Borrower US Obligations pursuant to this Agreement and each other Credit Document Document, Banking Products Agreement and Qualified Derivative Agreement (including, without limitation, all fees, indemnities, Taxes and other U.S. Borrower US Obligations in connection therewith or in connection with the related Revolving Loan Commitments) shall constitute the joint and several obligations of each of the U.S. US Borrowers. In addition to the direct (and joint and several) obligations of the U.S. US Borrowers with respect to U.S. Borrower US Obligations as described above, all such U.S. Borrower US Obligations shall be guaranteed pursuant to, and in accordance with the terms of, the Holdings Guaranty Guaranties. (b) Notwithstanding anything to the contrary contained elsewhere in this Agreement, it is understood and agreed by the U.S. Subsidiaries Guaranty various parties to this Agreement that all UK Obligations to repay principal of, interest on, and all other amounts with respect to, all UK Revolving Loans, UK Swingline Loans, UK Letters of Credit and all other UK Obligations pursuant to this Agreement and each other Credit Document, Banking Products Agreement and Qualified Derivative Agreement (including, without limitation, all fees, indemnities, taxes and other UK Obligations in connection therewith or in connection with the related Revolving Loan Commitments) shall therefore constitute the joint and several obligations of all each of the U.S. Credit Parties; andUS Borrowers, the UK Borrowers and the Canadian Borrowers. In addition to the direct (and joint and several) obligations of the US Borrowers, the UK Borrowers and the Canadian Borrowers with respect to UK Obligations as described above, all such UK Obligations shall be guaranteed pursuant to, and in accordance with the terms of, the Guaranties. (bc) Notwithstanding anything to the contrary contained elsewhere in this Agreement, it is understood and agreed by the various parties to this Agreement that all Canadian Borrower Obligations to repay principal of, interest on, and all other amounts with respect to, all Canadian Borrower Revolving Loans Loans, Canadian Letters of Credit and all other Canadian Borrower Obligations pursuant to this Agreement and each other Credit Document Document, Banking Products Agreement and Qualified Derivative Agreement (including, without limitation, all fees, indemnities, Taxes taxes and other Canadian Borrower Obligations in connection therewith or in connection with the related Revolving Loan Commitments) shall constitute the joint and several obligations of each of the US Borrowers, the UK Borrowers and the Canadian BorrowerBorrowers. In addition to the direct (and joint and several) obligations of the US Borrowers, the UK Borrowers and the Canadian Borrower Borrowers with respect to Canadian Borrower Obligations as described above, all such Canadian Borrower Obligations shall be guaranteed pursuant to, and in accordance with the terms of, the Holdings Guaranty, the Canadian Subsidiaries Guarantee and the U.S. Subsidiaries Guaranty and shall therefore constitute the joint and several obligations of all of the Credit Parties.Guaranties

Nature of Borrower Obligations. (a) Notwithstanding anything to the contrary contained elsewhere in this Agreement, it is understood and agreed by the various parties to this Agreement that: (a) that all U.S. Borrowers US Obligations to repay principal of, interest on, and all other amounts with respect to, all U.S. Borrower US Revolving Loans, US Swingline Loans, US Letters of Credit and all other U.S. Borrower US Obligations pursuant to this Agreement and each other Credit Document (including, without limitation, all fees, indemnities, Taxes taxes and other U.S. Borrower US Obligations in connection therewith or in connection with the related Revolving Loan Commitments) shall constitute the joint and several obligations of each of the U.S. US Borrowers. In addition to the direct (and joint and several) obligations of the U.S. US Borrowers with respect to U.S. Borrower US Obligations as described above, all such U.S. Borrower US Obligations shall be guaranteed pursuant to, and in accordance with the terms of, the Holdings Guaranty and the U.S. Subsidiaries Guaranty and shall therefore constitute the joint and several obligations of all of the U.S. Credit Parties; andGuaranties. (b) Notwithstanding anything to the contrary contained elsewhere in this Agreement, it is understood and agreed by the various parties to this Agreement that all Canadian Borrower UK Obligations to repay principal of, interest on, and all other amounts with respect to, all Canadian Borrower UK Revolving Loans Loans, UK Swingline Loans, UK Letters of Credit and all other Canadian Borrower UK Obligations pursuant to this Agreement and each other Credit Document (including, without limitation, all fees, indemnities, Taxes taxes and other Canadian Borrower UK Obligations in connection therewith or in connection with the related Revolving Loan Commitments) shall constitute the joint and several obligations of each of the US Borrowers, the UK Borrowers and the Canadian BorrowerBorrowers. In addition to the direct (and joint and several) obligations of the US Borrowers, the UK Borrowers and the Canadian Borrower Borrowers with respect to Canadian Borrower UK Obligations as described above, all such Canadian Borrower UK Obligations shall be guaranteed pursuant to, and in accordance with the terms of, the Holdings GuarantyGuaranties. (c) Notwithstanding anything to the contrary contained elsewhere in this Agreement, it is understood and agreed by the various parties to this Agreement that all Canadian Subsidiaries Guarantee Obligations to repay principal of, interest on, and all other amounts with respect to, all Canadian Revolving Loans, Canadian Letters of Credit and all other Canadian Obligations pursuant to this Agreement and each other Credit Document (including, without limitation, all fees, indemnities, taxes and other Canadian Obligations in connection therewith or in connection with the U.S. Subsidiaries Guaranty and related Revolving Loan Commitments) shall therefore constitute the joint and several obligations of all each of the Credit Parties.US Borrowers, the UK Borrowers and the Canadian Borrowers. In addition to the direct (and joint and several) obligations of the US Borrowers, the UK Borrowers and the Canadian Borrowers with respect to Canadian Obligations as described above, all such Canadian Obligations shall be guaranteed pursuant to, and in accordance with the terms of, the Guaranties