Common use of Source of Repayment Clause in Contracts

Source of Repayment. (a) Notwithstanding any other provision of this Agreement, the parties agree that the assets and liabilities of each Borrower are separate and distinct from the assets and liabilities of each other Borrower and that no Borrower shall be liable or shall be charged for any debt, obligation, liability, fee or expense arising under this Agreement or any other Loan Document or out of or in connection with any transaction other than one entered into by or on behalf of itself. The Borrowers shall cause an Allocation Notice to be provided to the Operations Agent (i) as provided in Section 2.11(a) and Section 3.01(a)(v)(D), (ii) promptly following a determination by the Borrowers to change the allocations set forth in the Allocation Notice most recently delivered hereunder and (iii) upon request of the Operations Agent. Each Borrower shall be liable to the Banks and Agents hereunder for fees, costs and expenses that are not specific or identifiable to any Borrower or Borrowers for the percentage thereof as shall equal the percentage allocation set forth for such Borrowers in the Allocation Notice most recently delivered to the Operations Agent.