Other Obligors definition
Examples of Other Obligors in a sentence
Promptly upon request, such other data and information (financial and otherwise) as Agent, from time to time, may reasonably request, bearing upon or related to the Collateral or each Loan Party's and each Other Obligor's business or financial condition or results of operations.
Borrower agrees to obtain all information which Borrower considers appropriate or relevant to this Agreement from sources other than Bank and to become and remain at all times current and continuously apprised of all information concerning Other Obligors and any Collateral which is material and relevant to the Obligations of Borrower under this Agreement.
The Company hereby assumes, jointly and severally with the Borrower and the Other Obligors, all of the duties, liabilities and obligations of the Borrower under the Credit Agreement, and the Company shall be bound by, and shall perform and observe the terms and conditions of the Credit Agreement as if it had originally executed the Credit Agreement as the Borrower.
Grantor understands and acknowledges that by virtue of this Deed of Trust, it has specifically assumed any and all risks of a bankruptcy or reorganization case or proceeding with respect to Other Obligors.
The undertakings in this Clause 20 (Financial Covenants Of Bidco And The Other Obligors) shall continue for so long as any sum remains payable or capable of becoming payable under the Senior Finance Documents or any Commitment is in force.