Common use of Principal Debtor Clause in Contracts

Principal Debtor. The Guarantor shall be deemed to be liable for the Guaranteed Amounts as sole or principal debtor.

Appears in 2 contracts

Sources: Revolving Facility Agreement (WPP Group PLC), Revolving Credit Facility and Term Out Facility Agreement (WPP Group PLC)

Principal Debtor. The Each Guarantor shall be deemed to be liable for the Guaranteed Amounts as a sole or principal debtor.

Appears in 2 contracts

Sources: Revolving Credit Facilities Agreement (WPP PLC), Revolving Credit Facility Agreement (WPP Group PLC)

Principal Debtor. The Each Guarantor shall be deemed to be liable for the Guaranteed Amounts as sole or principal debtor.

Appears in 1 contract

Sources: Revolving Facility Agreement (WPP Group PLC)