Common use of Single Business Enterprise Clause in Contracts

Single Business Enterprise. The Borrower and the Guarantors operate, and intend to operate, as a single business enterprise. Although separate entities, the Borrower and the Guarantors operate under a common business plan. Each of the Borrower and the Guarantors will accordingly benefit from the financing arrangement established by this Agreement. The Borrower acknowledges that the Agent and the Lenders are relying on the agreement by each Guarantor to execute and deliver the Guaranty Documents in committing to the Facilities.

Appears in 4 contracts

Samples: Credit Agreement (Province Healthcare Co), Credit Agreement (Province Healthcare Co), Credit Agreement (Province Healthcare Co)

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Single Business Enterprise. The Borrower and the Guarantors operatehave historically operated as, and intend to operatecontinue operating as, as a single business enterprise. Although separate entities, the Borrower and the Guarantors operate under a common business plan. Each of the Borrower and the Guarantors will accordingly benefit from the financing arrangement established by this Agreement. The Borrower acknowledges that the Agent and the Lenders are relying on that, but for the agreement by each Guarantor to execute and deliver the Guaranty Documents in committing to and Guarantors' Security Agreement, the FacilitiesBorrower would not have qualified separately for the total amount of the credit facilities established hereby.

Appears in 3 contracts

Samples: Loan Agreement (American Oncology Resources Inc /De/), Loan Agreement (Us Oncology Inc), Loan Agreement (American Oncology Resources Inc /De/)

Single Business Enterprise. The Borrower and the Guarantors operatehave historically operated as, and intend to operatecontinue operating as, as a single business enterprise. Although separate entities, the Borrower and the Guarantors operate under a common business plan. Each of the Borrower and the Guarantors will accordingly benefit from the financing arrangement established by this Agreement. The Borrower acknowledges that the Agent and the Lenders are relying on that, but for the agreement by each Guarantor to execute and deliver the Guaranty Documents in committing to Documents, the FacilitiesBorrower would not have qualified separately for the total amount of the credit facilities established hereby.

Appears in 2 contracts

Samples: Loan Agreement (Renal Treatment Centers Inc /De/), Loan Agreement (Renal Treatment Centers Inc /De/)

Single Business Enterprise. The Borrower and the Guarantors operate, and intend to operate, operate as a single business enterprise. Although separate entities, the Borrower and the Guarantors operate under a common business plan. Each of the Borrower and the Guarantors will accordingly benefit from the financing arrangement established by this Agreement. The Borrower acknowledges that the Agent and the Lenders are relying on that, but for the agreement by each Guarantor to execute and deliver the Guaranty Documents in committing to Documents, the FacilitiesBorrower would not have qualified separately for the total amount of the credit facilities established hereby.

Appears in 1 contract

Samples: Credit Agreement (Envoy Corp /Tn/)

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Single Business Enterprise. The Borrower and the Guarantors operatehave historically operated as, and intend to operatecontinue operating as, as a single business enterprise. Although separate entities, the Borrower and the Guarantors operate under a common business plan. Each of the The Borrower and the Guarantors will accordingly benefit from the financing arrangement established by this Agreement. The Borrower acknowledges that the Agent and the Lenders are relying on the agreement by each Guarantor to execute and deliver the Guaranty Documents in committing to the Facilities.

Appears in 1 contract

Samples: Credit Agreement (Ipayment Inc)

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