All Loans to Constitute One Obligation. The Loans shall constitute one general Obligation of Borrower, and shall be secured by Lender's Lien upon all of the Collateral.
All Loans to Constitute One Obligation. The Loans and LC Obligations shall constitute one general Obligation of Borrowers, and shall be secured by Agent's Lien upon all of the Collateral.
All Loans to Constitute One Obligation. The Loans shall constitute one general Obligation of Borrowers and (unless otherwise expressly provided in any Security Document) shall be secured by Agent’s Lien upon all of the Collateral; provided, however, that Agent and each Lender shall be deemed to be a creditor of each Borrower and the holder of a separate claim against each Borrower to the extent of any Obligations jointly and severally owed by Borrowers to Agent or such Lender.
All Loans to Constitute One Obligation. All Loans shall constitute one general obligation of Borrower, and shall be secured by Lender's security interest in and Lien upon all of the Collateral, and by all other security interests and Liens heretofore, now or at any time or times hereafter granted by Borrower to Lender.
All Loans to Constitute One Obligation. Except as set forth in Section 1.3 to the contrary and for the purpose of being ratably secured by Agents’ Liens upon all of the Collateral, the Loans and LC Obligations shall constitute one general Obligation of Borrowers; provided, however, that the U.K. Collateral and the Canadian Collateral shall not secure the U.S. Obligations.
All Loans to Constitute One Obligation. The Loans and LC Obligations shall constitute one general obligation of Borrowers and (unless otherwise expressly provided in any Security Document) shall be secured by Administrative Agent's Lien upon all of the Collateral; provided, however, that Administrative Agent and each Lender shall be deemed to be a creditor of each Borrower and the holder of a separate claim against each Borrower to the extent of any Obligations jointly and severally owed by Borrowers to Administrative Agent or such Lender.
All Loans to Constitute One Obligation. The Loans shall constitute one general Obligation of Borrower and (unless and to the extent otherwise expressly provided in any of the Security Documents) shall be secured by CIT's Lien upon all of the Collateral.
All Loans to Constitute One Obligation. All Loans shall constitute -------------------------------------- one general Obligation of Borrowers, and shall be secured by Lender's security interest and Lien upon all of the Collateral and by all other security interests and Liens heretofore, now or at any time or times hereafter granted by any Loan Party to Lender.
All Loans to Constitute One Obligation. The Domestic Revolving Credit Loans and the Domestic Term Loan shall constitute one general joint and several Obligation of Domestic Borrowers, and shall be secured by Administrative Agent's (for the benefit of itself, Canadian Agent, Bank and each Lender) Lien upon all of the Domestic Collateral. The Canadian Revolving Credit Loans and the Canadian Term Loan shall constitute one general Obligation of Canadian Borrower, and shall be secured by Administrative Agent's (for the benefit of itself, Canadian Agent, Bank and each Lender) Lien upon all of the Domestic Collateral and Canadian Agent's (on behalf of itself, Canadian Lender and the Canadian Participating Lenders) Lien upon all of the Canadian Collateral.
All Loans to Constitute One Obligation. Cross-Collateralization. The ---------------------------------------------------------------- Revolver Loans shall constitute one general Obligation of Borrowers, and (unless and to the extent otherwise expressly provided in any of the Security Documents) shall be secured by Lender's Liens upon all of the Collateral.
