Nature of Obligations of Lenders to Make Loans. The obligations of the Lenders under this Agreement to make the Loans are several and are not joint or joint and several.
Appears in 31 contracts
Samples: Loan and Security Agreement (Syratech Corp), Loan and Security Agreement (Supreme International Corp), Loan and Security Agreement (Winston Furniture Co of Alabama Inc)
Nature of Obligations of Lenders to Make Loans. The obligations of the Lenders under this Agreement to make the Revolving Credit Loans and Term Loans are several and are not joint or joint and several.
Appears in 2 contracts
Samples: Loan and Security Agreement (Collins Industries Inc), Loan and Security Agreement (Collins Industries Inc)
Nature of Obligations of Lenders to Make Loans. The obligations of the Lenders under this Agreement to make the Loans are several and are not joint or joint and several.
Appears in 1 contract