Common use of Rights Constitute Assets Clause in Contracts

Rights Constitute Assets. Each Borrower acknowledges that the rights of contribution and indemnification under this Section 9.19 shall constitute assets of the Borrower to which such contribution and indemnification is owing.

Appears in 3 contracts

Samples: Credit Agreement (Lincoln Educational Services Corp), Credit Agreement (Lincoln Educational Services Corp), Credit Agreement (Lincoln Educational Services Corp)

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Rights Constitute Assets. Each Borrower acknowledges that the rights of contribution and indemnification under this Section 9.19 shall constitute assets of the Borrower to which such contribution and indemnification is owing.. 44 (d)

Appears in 1 contract

Samples: Credit Agreement

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