Common use of One Loan Clause in Contracts

One Loan. All Loans and advances by each Lender to Borrowers under this Agreement and the Ancillary Agreements shall constitute one loan and all indebtedness and obligations of Borrowers to all of the Lenders under this Agreement and the Ancillary Agreements shall constitute one general obligation secured by the Collateral. The parties hereto acknowledge that this Agreement constitutes a replacement of the Existing Loan Agreement, and all references to the Existing Loan Agreement shall be deemed a reference to this Agreement.

One Loan. All Loans and advances by each Lender to Borrowers under this Agreement and the Ancillary Agreements (whether made under the Revolving Credit Facility or the Term Loan) shall constitute one loan and all indebtedness and obligations of Borrowers to all of the Lenders under this Agreement and the Ancillary Agreements shall constitute one general obligation secured by the Collateral. The parties hereto acknowledge that this Agreement constitutes a replacement of the Existing Loan Agreement, and all references to the Existing Loan Agreement shall be deemed a reference to this Agreement.

One Loan. All Loans loans and advances by each Lender to Borrowers Borrower under this Agreement and the Ancillary Agreements (whether made as a Revolving Loan or Term Loans or otherwise), shall constitute one loan loan, and all indebtedness and obligations Indebtedness of Borrowers Borrower to all of the Lenders Lender under this Agreement and the Ancillary Agreements shall constitute one general obligation secured by the Collateral. The parties hereto acknowledge that this Agreement constitutes a replacement of the Existing Loan Agreement, and all references to the Existing Loan Agreement shall be deemed a reference to this Agreement.

One Loan. All Loans loans and advances by each Lender to Borrowers Borrower under this Agreement and the Ancillary Agreements (whether made as a Revolving Loan, as a Term Loan, or otherwise), shall constitute one loan loan, and all indebtedness and obligations Indebtedness of Borrowers Borrower to all of the Lenders Lender under this Agreement and the Ancillary Agreements shall constitute one general obligation secured by the Collateral. The parties hereto acknowledge that this Agreement constitutes a replacement of the Existing Loan Agreement, and all references to the Existing Loan Agreement shall be deemed a reference to this Agreement.