Common use of Single Obligation Clause in Contracts

Single Obligation. The Loans, any Letter of Credit Obligations, and all of the other Obligations of the Borrower arising under this Agreement and the other Loan Documents shall constitute one general obligation of the Borrower secured, until the Termination Date, by all of the Collateral.

Appears in 2 contracts

Samples: Credit Agreement (Parlux Fragrances Inc), Credit Agreement (Parlux Fragrances Inc)

AutoNDA by SimpleDocs

Single Obligation. The Loans, any Letter of Credit Obligations, All Reimbursement Obligations and all of the other Obligations of the Borrower Debtor arising under this Agreement and the other Loan Letter of Credit Documents shall constitute one general obligation of the Borrower Debtor secured, until the Termination Date, by all of the Collateral.

Appears in 1 contract

Samples: Letter of Credit Agreement (Labor Ready Inc)

Single Obligation. The Loans, any Letter of Credit Obligations, Loans and all of the other Obligations of the Borrower arising under this Agreement and the other Loan Documents shall constitute one general obligation of the Borrower to Lender secured, until the Termination Date, by all of the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Specs Music Inc)

AutoNDA by SimpleDocs

Single Obligation. The Loans, any Letter of Credit Obligations, All Loans to Borrower and all of the ----------------- other Obligations of the Borrower and any other Credit Party arising under this Agreement and the other Loan Documents shall constitute one general obligation of Borrower and the Borrower other Credit Parties secured, until the Termination Date, by all of the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Ramsay Health Care Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!