{"component": "clause", "props": {"groups": [{"samples": [{"hash": "cACdFZg3TN7", "uri": "/contracts/cACdFZg3TN7#co-borrowers", "label": "Credit Agreement (Bristow Group Inc)", "score": 30.8453121185, "published": true}, {"hash": "jy0vQqAmNnN", "uri": "/contracts/jy0vQqAmNnN#co-borrowers", "label": "Credit Agreement (Bristow Group Inc)", "score": 30.6536617279, "published": true}, {"hash": "9eREV0ORKvc", "uri": "/contracts/9eREV0ORKvc#co-borrowers", "label": "Superpriority Secured Debtor in Possession Credit Agreement (Bristow Group Inc)", "score": 30.6536617279, "published": true}], "snippet": "(a) Each of the Lead Borrower and the Co-Borrower accepts joint and several liability hereunder in consideration of the financial accommodation provided or to be provided by the Administrative Agent and the Lenders under this Agreement and the other Loan Documents, for the mutual benefit, directly and indirectly, of each of the Lead Borrower and the Co-Borrower and in consideration of the undertakings of the Lead Borrower and the Co-Borrower to accept joint and several liability for the obligations of each other.\n(b) Each of the Lead Borrower and the Co-Borrower shall be jointly and severally liable for the Obligations. Each of the Lead Borrower\u2019s and the Co-Borrower\u2019s obligations arising as a result of the joint and several liability of such Borrower hereunder, with respect to Term Loans made to the Lead Borrower hereunder, shall be separate and distinct obligations, but all such obligations shall be primary obligations of each of the Lead Borrower and the Co-Borrower.\n(c) Upon the occurrence and during the continuation of any Event of Default, the Administrative Agent and the Lenders may proceed directly and at once, without notice, against either the Lead Borrower or the Co-Borrower to collect and recover the full amount, or any portion of, the Obligations, without first proceeding against any other Borrower or any other Person, or against any security or collateral for the Obligations. Each of the Lead Borrower and the Co-Borrower waives, to the maximum extent permitted by law, all suretyship defenses and consents and agrees that the Administrative Agent and the Lenders shall be under no obligation to marshal any assets in favor of either the Lead Borrower or the Co-Borrower or against or in payment of any or all of the Obligations.\n(d) Each representation and warranty made on behalf of the Co-Borrower by the Lead Borrower shall be deemed for all purposes to have been made by the Co-Borrower and shall be binding upon and enforceable against the Co-Borrower to the same extent as if the same had been made directly by the Co-Borrower.\n(e) Any reference to the \u201cBorrower\u201d in this Agreement and in any other Loan Document means the Lead Borrower, individually, or the Lead Borrower and the Co-Borrower collectively, as the context may require; provided that (i) any reference in this Agreement and in any other Loan Document to the \u201cBorrower and its Subsidiaries\u201d (or phrases of like nature) shall be deemed to refer to the \u201cLead Borrower and its Subsidiaries\u201d (as applicable and modified as necessary as the context requires), (ii) any reference in this Agreement and in any other Loan Document to the fiscal year or any fiscal quarter of the Borrower shall be deemed to refer to the fiscal year or the applicable fiscal quarter of the Lead Borrower and (iii) unless the context requires otherwise, any reference in this Agreement and in any other Loan Document to financial statements of the Borrower shall be deemed to refer to financial statements of the Lead Borrower.\n(f) For all purposes of this Agreement, the Co-Borrower hereby (i) authorizes the Lead Borrower to make such requests, give such notices or furnish such certificates to the Administrative Agent or the Lenders as may be required or permitted by this Agreement for the benefit of the Lead Borrower and the Co-Borrower and to give any consents on behalf of the Co-Borrower required by this Agreement and (ii) authorizes the Administrative Agent to treat such requests, notices, certificates or consents made, given or furnished by the Lead Borrower as having been made, given or furnished by the Lead Borrower and the Co-Borrower for purposes of this Agreement. Unless otherwise agreed to by the Administrative Agent or specified in this Agreement, the Lead Borrower shall be the only Person entitled to make, give or furnish such requests, notices, certificates or requests directly to the Administrative Agent or the Lenders for purposes of this Agreement. The Co-Borrower agrees to be bound by all such requests, notices, certificates and consents and other such actions by the Lead Borrower. In each case, the Administrative Agent and the Lenders shall be entitled to rely upon all such requests, notices, certificates and consents made, given or furnished by the Lead Borrower pursuant to the provisions of this Agreement or any other Loan Document as being made or furnished on behalf of, and with the effect of irrevocably binding, the Lead Borrower and the Co-Borrower.", "snippet_links": [{"key": "lead-borrower", "type": "clause", "offset": [16, 29]}, {"key": "joint-and-several-liability", "type": "definition", "offset": [58, 85]}, {"key": "financial-accommodation", "type": "definition", "offset": [120, 143]}, {"key": "the-administrative-agent-and-the-lenders", "type": "clause", "offset": [174, 214]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [226, 264]}, {"key": "mutual-benefit", "type": "clause", "offset": [274, 288]}, {"key": "the-undertakings", "type": "clause", "offset": [388, 404]}, {"key": "obligations-of-each", "type": "clause", "offset": [492, 511]}, {"key": "jointly-and-severally-liable", "type": "definition", "offset": [578, 606]}, {"key": "the-joint", "type": "clause", "offset": [713, 722]}, {"key": "liability-of", "type": "clause", "offset": [735, 747]}, {"key": "with-respect-to", "type": "clause", "offset": [773, 788]}, {"key": "term-loans", "type": "definition", "offset": [789, 799]}, {"key": "separate-and-distinct-obligations", "type": "clause", "offset": [846, 879]}, {"key": "obligations-shall", "type": "definition", "offset": [894, 911]}, {"key": "primary-obligations", "type": "clause", "offset": [915, 934]}, {"key": "upon-the-occurrence-and-during", "type": "clause", "offset": [989, 1019]}, {"key": "continuation-of", "type": "clause", "offset": [1024, 1039]}, {"key": "event-of-default", "type": "definition", "offset": [1044, 1060]}, {"key": "without-notice", "type": "definition", "offset": [1137, 1151]}, {"key": "other-borrower", "type": "definition", "offset": [1318, 1332]}, {"key": "any-other-person", "type": "definition", "offset": [1336, 1352]}, {"key": "collateral-for-the-obligations", "type": "clause", "offset": [1381, 1411]}, {"key": "borrower-waives", "type": "clause", "offset": [1450, 1465]}, {"key": "to-the-maximum-extent-permitted-by-law", "type": "clause", "offset": [1467, 1505]}, {"key": "suretyship-defenses", "type": "clause", "offset": [1511, 1530]}, {"key": "no-obligation-to-marshal", "type": "clause", "offset": [1616, 1640]}, {"key": "in-favor-of", "type": "definition", "offset": [1652, 1663]}, {"key": "payment-of", "type": "clause", "offset": [1725, 1735]}, {"key": "representation-and-warranty", "type": "clause", "offset": [1776, 1803]}, {"key": "on-behalf-of", "type": "clause", "offset": [1809, 1821]}, {"key": "all-purposes", "type": "clause", "offset": [1879, 1891]}, {"key": "binding-upon", "type": "clause", "offset": [1942, 1954]}, {"key": "to-the-same-extent", "type": "definition", "offset": [1995, 2013]}, {"key": "any-reference-to", "type": "definition", "offset": [2076, 2092]}, {"key": "in-this-agreement", "type": "definition", "offset": [2108, 2125]}, {"key": "the-context", "type": "clause", "offset": [2254, 2265]}, {"key": "provided-that", "type": "definition", "offset": [2279, 2292]}, {"key": "borrower-and-its-subsidiaries", "type": "clause", "offset": [2368, 2397]}, {"key": "refer-to-the", "type": "definition", "offset": [2446, 2458]}, {"key": "fiscal-year", "type": "clause", "offset": [2638, 2649]}, {"key": "the-borrower-shall", "type": "clause", "offset": [2675, 2693]}, {"key": "applicable-fiscal-quarter", "type": "definition", "offset": [2739, 2764]}, {"key": "financial-statements-of-the-borrower", "type": "clause", "offset": [2901, 2937]}, {"key": "borrower-hereby", "type": "clause", "offset": [3056, 3071]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [3268, 3286]}, {"key": "required-by", "type": "definition", "offset": [3379, 3390]}, {"key": "having-been", "type": "clause", "offset": [3558, 3569]}, {"key": "for-purposes-of-this-agreement", "type": "clause", "offset": [3636, 3666]}, {"key": "agreed-to-by-the", "type": "definition", "offset": [3685, 3701]}, {"key": "agrees-to", "type": "clause", "offset": [3981, 3990]}, {"key": "actions-by", "type": "clause", "offset": [4072, 4082]}, {"key": "each-case", "type": "definition", "offset": [4105, 4114]}, {"key": "entitled-to-rely", "type": "clause", "offset": [4166, 4182]}, {"key": "agreement-or", "type": "definition", "offset": [4323, 4335]}, {"key": "effect-of", "type": "definition", "offset": [4414, 4423]}], "size": 64, "hash": "d57940df668c749842d4c9bf5b51749f", "id": 1}, {"samples": [{"hash": "gZ72HmKWhbV", "uri": "/contracts/gZ72HmKWhbV#co-borrowers", "label": "364 Day Loan Agreement (MGM Mirage)", "score": 21.0, "published": true}, {"hash": "egb9RixTliy", "uri": "/contracts/egb9RixTliy#co-borrowers", "label": "364 Day Loan Agreement (MGM Mirage)", "score": 21.0, "published": true}, {"hash": "5jRWSgtGlGk", "uri": "/contracts/5jRWSgtGlGk#co-borrowers", "label": "364 Day Loan Agreement (MGM Mirage)", "score": 19.0, "published": true}], "snippet": "Atlantic City and Detroit are each hereby designated as joint and several direct Co-Borrowers under this Agreement, with the right to request Loans, subject to the terms and conditions set forth herein, provided that (a) each Loan made hereunder to Atlantic City, Detroit or any other Co-Borrower shall be used solely and directly to finance the development, construction or operation of hotel/casino properties owned by that Co-Borrower, and (b) the liability of Detroit is limited to that portion of the Obligations which are used, directly or indirectly, to finance the design, development, construction or operation of the Detroit Project or which are actually borrowed or received by Detroit. From time to time following the Closing Date, Borrower may designate one or more Guarantors to be joint and several direct Co-Borrowers hereunder by written request to the Administrative Agent accompanied by (a) an executed Assumption Agreement and Notes executed by the designated Guarantor, (b) a certificate of good standing of the designated Guarantor in the jurisdiction of its incorporation, (c) a certified corporate authority resolution covering the execution and delivery of the Assumption Agreement and Notes, (d) a written consent to the Assumption Agreement executed by each other Guarantor, and (e) an appropriate written legal opinion similar to the Opinions with respect to the Co-Borrower and the Assumption Agreement. The Administrative Agent shall promptly notify the Banks of such request, together with copies of such of the foregoing as any Bank may request and the designated Guarantor shall become a Co-Borrower hereunder.", "snippet_links": [{"key": "atlantic-city", "type": "definition", "offset": [0, 13]}, {"key": "joint-and-several", "type": "definition", "offset": [56, 73]}, {"key": "this-agreement", "type": "clause", "offset": [100, 114]}, {"key": "right-to-request", "type": "clause", "offset": [125, 141]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [160, 184]}, {"key": "provided-that", "type": "definition", "offset": [203, 216]}, {"key": "each-loan", "type": "clause", "offset": [221, 230]}, {"key": "borrower-shall", "type": "clause", "offset": [288, 302]}, {"key": "the-development", "type": "clause", "offset": [342, 357]}, {"key": "operation-of-hotel", "type": "clause", "offset": [375, 393]}, {"key": "owned-by", "type": "definition", "offset": [412, 420]}, {"key": "the-liability-of", "type": "clause", "offset": [447, 463]}, {"key": "the-obligations", "type": "clause", "offset": [502, 517]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [534, 556]}, {"key": "operation-of-the", "type": "clause", "offset": [610, 626]}, {"key": "detroit-project", "type": "definition", "offset": [627, 642]}, {"key": "received-by", "type": "definition", "offset": [677, 688]}, {"key": "from-time-to-time", "type": "clause", "offset": [698, 715]}, {"key": "following-the-closing-date", "type": "clause", "offset": [716, 742]}, {"key": "written-request", "type": "definition", "offset": [847, 862]}, {"key": "the-administrative-agent", "type": "clause", "offset": [866, 890]}, {"key": "agreement-and-notes", "type": "clause", "offset": [933, 952]}, {"key": "executed-by", "type": "definition", "offset": [953, 964]}, {"key": "designated-guarantor", "type": "definition", "offset": [969, 989]}, {"key": "a-certificate-of-good-standing", "type": "clause", "offset": [995, 1025]}, {"key": "authority-resolution", "type": "clause", "offset": [1122, 1142]}, {"key": "the-assumption-agreement", "type": "clause", "offset": [1182, 1206]}, {"key": "consent-to", "type": "clause", "offset": [1232, 1242]}, {"key": "agreement-executed", "type": "clause", "offset": [1258, 1276]}, {"key": "other-guarantor", "type": "definition", "offset": [1285, 1300]}, {"key": "an-appropriate", "type": "clause", "offset": [1310, 1324]}, {"key": "legal-opinion", "type": "definition", "offset": [1333, 1346]}, {"key": "similar-to", "type": "definition", "offset": [1347, 1357]}, {"key": "with-respect-to", "type": "clause", "offset": [1371, 1386]}, {"key": "the-co", "type": "clause", "offset": [1387, 1393]}, {"key": "agent-shall", "type": "definition", "offset": [1452, 1463]}, {"key": "the-banks", "type": "clause", "offset": [1480, 1489]}, {"key": "copies-of", "type": "definition", "offset": [1521, 1530]}, {"key": "the-foregoing", "type": "definition", "offset": [1539, 1552]}], "size": 7, "hash": "a46af99bfb7bc8da17d0bf60dad36be0", "id": 7}, {"samples": [{"hash": "6TAjj6B578K", "uri": "/contracts/6TAjj6B578K#co-borrowers", "label": "Loan and Security Agreement (Cygne Designs Inc)", "score": 21.0, "published": true}], "snippet": "Each Borrower agrees as follows:\na. Each Borrower agrees that it is jointly and severally, directly, and primarily liable to Bank for payment in full of the Indebtedness and that such liability is independent of the duties, obligations and liabilities of the other Borrower. The Agreement and each other document, instrument and agreement entered into by any one or more of the Borrowers in connection therewith (collectively, hereinafter, the \u201cLoan Documents\u201d) are a primary and original obligation of each Borrower, are not the creation of a surety relationship, and are an absolute, unconditional, and continuing promise of payment and performance which shall remain in full force and effect without respect to future changes in conditions, including any change of law or any invalidity or irregularity with respect to the Loan Documents. Each Borrower acknowledges that the obligations of such Borrower undertaken herein might be construed to consist, at least in part, of the guaranty of obligations of persons or entities other than such Borrower (including any other Borrower party hereto) and, in full recognition of that fact, each Borrower consents and agrees that Bank may, at any time and from time to time, without notice or demand, whether before or after any actual or purported termination, repudiation, or revocation of the Agreement and the other Loan Documents by any one or more Borrowers, and without affecting the enforceability or continuing effectiveness hereof as to each Borrower: (a) supplement, restate, modify, amend, increase, decrease, extend, renew, accelerate, or otherwise change the time for payment or the terms of the Indebtedness or any part thereof, including any increase or decrease of the rate(s) of interest thereon; (b) supplement, restate, modify, amend, increase, decrease or waive, or enter into or give any agreement, approval, or consent with respect to, the Indebtedness or any part thereof, or any of the Loan Documents or any additional security or guaranties, or any condition, covenant, default, remedy, right, representation or term thereof or thereunder; (c) accept new or additional instruments, documents or agreements in exchange for or relative to any of the Loan Documents or the Indebtedness or any part thereof; (d) accept partial payments on the Indebtedness; (e) receive and hold additional security or guaranties for the Indebtedness or any part thereof; (f) release, reconvey, terminate, waive, abandon, fail to perfect, subordinate, exchange, substitute, transfer, or enforce any security or guaranties, and apply any security and direct the order or manner of sale thereof as Bank in its sole and absolute discretion may determine; (g) release any Person from any personal liability with respect to the Indebtedness or any part thereof; (h) settle, release on terms satisfactory to Bank or by operation of applicable laws, or otherwise liquidate or enforce any Indebtedness and any security therefor or guaranty thereof in any manner, consent to the transfer of any security and bid and purchase at any sale; or (i) consent to the merger, change, or any other restructuring or termination of the corporate or partnership existence of any Borrower or any other Person, and correspondingly restructure the Indebtedness, and any such merger, change, restructuring, or termination shall not affect the liability of any Borrower or the continuing effectiveness hereof, or the enforceability hereof with respect to all or any part of the Indebtedness.\nb. Upon the occurrence and during the continuance of any Event of Default, Bank may enforce the Agreement and the other Loan Documents independently as to each Borrower and independently of any other remedy or security Bank at any time may have or hold in connection with the Indebtedness, and it shall not be necessary for Bank to marshal assets in favor of any Borrower or any other Person or to proceed upon or against or exhaust any security or remedy before proceeding to enforce the Agreement and the other Loan Documents. Each Borrower expressly waives any right to require Bank to marshal assets in favor of any Borrower or any other Person or to proceed against any other Borrower or any Collateral provided by any Person, and agrees that Bank may proceed against Borrowers or any Collateral in such order as it shall determine in its sole and absolute discretion.\nc. Bank may file a separate action or actions against any Borrower, whether action is brought or prosecuted with respect to any security or against any other person, or whether any other person is joined in any such action or actions. Each Borrower agrees that Bank and any Borrower and any affiliate of any Borrower may deal with each other in connection with the Indebtedness or otherwise, or alter any contracts or agreements now or hereafter existing between any of them, in any manner whatsoever, all without in any way altering or affecting the continuing efficacy of the Agreement or the other Loan Documents.\nd. Bank\u2019s rights under the Loan Documents shall be reinstated and revived, and the enforceability of the Agreement and the other Loan\u2019 Documents shall continue, with respect to any amount at any time paid on account of the Indebtedness which thereafter shall be required to be restored or returned by Bank, all as though such amount had not been paid. The rights of Bank created or granted herein and the enforceability of the Agreement and the other Loan Documents at all times shall remain effective to cover the full amount of all the Indebtedness even though the Indebtedness, including any part thereof or any other security or guaranty therefor, may be or hereafter may become invalid or otherwise unenforceable as against any Borrower and whether or not any other Borrower shall have any personal liability with respect thereto.\ne. To the maximum extent permitted by applicable law and to the extent that a Borrower is deemed a guarantor, each Borrower expressly waives any and all defenses now or hereafter arising or asserted by reason of (a) any disability or other defense of any other Borrower with respect to the Indebtedness, (b) the unenforceability or invalidity of any security or guaranty for the Indebtedness or lack of perfection or continuing perfection or failure of priority of any security for the Indebtedness, (c) the cessation for any cause whatsoever of the liability of any other Borrower (other than by reason of the full payment and performance of all Indebtedness), (d) any failure of the Bank to marshal assets in favor of Bank or any Borrower or any other person, (e) any failure of Bank to give notice of sale or other disposition of collateral to any Borrower", "snippet_links": [{"key": "each-borrower", "type": "clause", "offset": [0, 13]}, {"key": "jointly-and-severally", "type": "clause", "offset": [68, 89]}, {"key": "primarily-liable", "type": "definition", "offset": [105, 121]}, {"key": "to-bank", "type": "definition", "offset": [122, 129]}, {"key": "payment-in-full", "type": "clause", "offset": [134, 149]}, {"key": "obligations-and-liabilities", "type": "definition", "offset": [224, 251]}, {"key": "other-borrower", "type": "definition", "offset": [259, 273]}, {"key": "other-document", "type": "definition", "offset": [298, 312]}, {"key": "and-agreement", "type": "clause", "offset": [325, 338]}, {"key": "entered-into", "type": "clause", "offset": [339, 351]}, {"key": "the-borrowers", "type": "definition", "offset": [374, 387]}, {"key": "original-obligation", "type": "definition", "offset": [480, 499]}, {"key": "promise-of-payment", "type": "clause", "offset": [616, 634]}, {"key": "full-force-and-effect", "type": "definition", "offset": [673, 694]}, {"key": "changes-in-conditions", "type": "clause", "offset": [721, 742]}, {"key": "change-of-law", "type": "clause", "offset": [758, 771]}, {"key": "with-respect-to", "type": "clause", "offset": [806, 821]}, {"key": "the-loan-documents", "type": "clause", "offset": [822, 840]}, {"key": "the-obligations", "type": "clause", "offset": [874, 889]}, {"key": "obligations-of-persons", "type": "clause", "offset": [993, 1015]}, {"key": "party-hereto", "type": "definition", "offset": [1083, 1095]}, {"key": "recognition-of", "type": "clause", "offset": [1110, 1124]}, {"key": "at-any-time", "type": "clause", "offset": [1185, 1196]}, {"key": "from-time-to-time", "type": "clause", "offset": [1201, 1218]}, {"key": "notice-or-demand", "type": "clause", "offset": [1228, 1244]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [1341, 1379]}, {"key": "without-affecting", "type": "clause", "offset": [1414, 1431]}, {"key": "continuing-effectiveness", "type": "clause", "offset": [1454, 1478]}, {"key": "time-for-payment", "type": "clause", "offset": [1618, 1634]}, {"key": "terms-of-the", "type": "clause", "offset": [1642, 1654]}, {"key": "increase-or-decrease", "type": "clause", "offset": [1703, 1723]}, {"key": "additional-security", "type": "definition", "offset": [1978, 1997]}, {"key": "additional-instruments", "type": "clause", "offset": [2129, 2151]}, {"key": "in-exchange", "type": "clause", "offset": [2177, 2188]}, {"key": "partial-payments", "type": "definition", "offset": [2286, 2302]}, {"key": "security-and", "type": "clause", "offset": [2586, 2598]}, {"key": "manner-of-sale", "type": "clause", "offset": [2619, 2633]}, {"key": "sole-and-absolute-discretion", "type": "definition", "offset": [2657, 2685]}, {"key": "any-person", "type": "definition", "offset": [2713, 2723]}, {"key": "personal-liability", "type": "definition", "offset": [2733, 2751]}, {"key": "operation-of", "type": "clause", "offset": [2862, 2874]}, {"key": "applicable-laws", "type": "definition", "offset": [2875, 2890]}, {"key": "transfer-of", "type": "definition", "offset": [3019, 3030]}, {"key": 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agreement agree to be likewise accountable with the borrower for this loan.", "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [25, 39]}, {"key": "agree-to", "type": "clause", "offset": [40, 48]}, {"key": "the-borrower", "type": "definition", "offset": [78, 90]}], "size": 4, "hash": "7c33ad39f059f5625acd0b6596fd5200", "id": 10}, {"samples": [{"hash": "eGwY2v6tsab", "uri": "/contracts/eGwY2v6tsab#co-borrowers", "label": "Loan and Security Agreement (Identiv, Inc.)", "score": 32.1129379272, "published": true}, {"hash": "2En0Blo3wsI", "uri": "/contracts/2En0Blo3wsI#co-borrowers", "label": "Loan and Security Agreement", "score": 31.3408622742, "published": true}, {"hash": "ipu9pnLEajW", "uri": "/contracts/ipu9pnLEajW#co-borrowers", "label": "Loan and Security Agreement (Identiv, Inc.)", "score": 28.1211490631, "published": true}], "snippet": "Borrowers are jointly and severally liable for the Obligations and Bank may proceed against one Borrower to enforce the 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This Agreement and the Loan Documents are a primary and original obligation of each Borrower and shall remain in effect notwithstanding future changes in conditions, including any change of law or any invalidity or irregularity in the creation or acquisition of any Obligations or in the execution or delivery of any agreement between Bank and any Borrower. Each Borrower shall be liable for existing and future Obligations as fully as if all of the Credit Extensions were advanced to such Borrower. Bank may rely on any certificate or representation made by any Borrower as made on behalf of, and binding on, all Borrowers, including without limitation advance request forms and compliance certificates. Each Borrower appoints each other Borrower as its agent with all necessary power and authority to give and receive notices, certificates or demands for and on behalf of all Borrowers, to act as disbursing agent for receipt of any Credit Extensions on behalf of each Borrower and to apply to Bank on behalf of each Borrower for any Credit Extension, any waivers and any consents. 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Modifications to Multifamily Loan and Security Agreement (Co-Borrowers) (6274).\n2. Modifications to Security Instrument (Co-Borrowers) (6322).", "snippet_links": [{"key": "multifamily-loan-and-security-agreement", "type": "definition", "offset": [20, 59]}, {"key": "to-security-instrument", "type": "clause", "offset": [100, 122]}], "size": 4, "hash": "3c5c73b157b315f6769bcfc3c471fec7", "id": 9}, {"samples": [{"hash": "7nY7NK6pRAe", "uri": "/contracts/7nY7NK6pRAe#co-borrowers", "label": "Credit Agreement (Navan, Inc.)", "score": 36.7152633667, "published": true}, {"hash": "lxup71bwAf1", "uri": "/contracts/lxup71bwAf1#co-borrowers", "label": "Credit Agreement (BuzzFeed, Inc.)", "score": 35.3449707031, "published": true}, {"hash": "aNYjfPeneda", "uri": "/contracts/aNYjfPeneda#co-borrowers", "label": "Credit Agreement (Team Inc)", "score": 32.9397659302, "published": true}], "snippet": "The handling of this credit facility as a co-borrowing facility with a Borrower Agent in the manner set forth in this Agreement is solely as an accommodation to Borrowers and at their request. Neither the Lenders nor Agent shall incur any liability to Borrowers as a result thereof. To induce Agent and the Lenders to do so and in consideration thereof, each Borrower hereby indemnifies Agent and the Lenders and holds Agent and the Lenders harmless from and against any and all liabilities, expenses, losses, damages and claims of damage or injury asserted against Agent or any Lender by any Person arising from or incurred by reason of the handling of the financing arrangements of Borrowers as provided herein, reliance by Agent or any Lender on any request or instruction from Borrower Agent or any other action taken by Agent or any Lender with respect to this Section except due to willful misconduct or gross (not mere) negligence by the indemnified party.", "snippet_links": [{"key": "credit-facility", "type": "definition", "offset": [21, 36]}, {"key": "borrowing-facility", "type": "definition", "offset": [45, 63]}, {"key": "borrower-agent", "type": "definition", "offset": [71, 85]}, {"key": "in-this-agreement", "type": "definition", "offset": [110, 127]}, {"key": "agent-shall", "type": "definition", "offset": [217, 228]}, {"key": "agent-and-the-lenders", "type": "clause", "offset": [293, 314]}, {"key": "in-consideration", "type": "clause", "offset": [328, 344]}, {"key": "borrower-hereby", "type": "clause", "offset": [359, 374]}, {"key": "claims-of", "type": "clause", "offset": [522, 531]}, {"key": "damage-or-injury", "type": "clause", "offset": [532, 548]}, {"key": "any-person", "type": "definition", "offset": [589, 599]}, {"key": "financing-arrangements", "type": "definition", "offset": [658, 680]}, {"key": "reliance-by-agent", "type": "clause", "offset": [714, 731]}, {"key": "from-borrower", "type": "clause", "offset": [776, 789]}, {"key": "action-taken", "type": "clause", "offset": [809, 821]}, {"key": "with-respect-to", "type": "clause", "offset": [845, 860]}, {"key": "willful-misconduct", "type": "clause", "offset": [888, 906]}, {"key": "indemnified-party", "type": "definition", "offset": [945, 962]}], "size": 5, "hash": "998285a0ca3a6d9fea6aa35e73601020", "id": 8}, {"samples": [{"hash": "ku8hruAMlK9", "uri": "/contracts/ku8hruAMlK9#co-borrowers", "label": "Term Loan Agreement (Eastgroup Properties Inc)", "score": 25.1204662323, "published": true}, {"hash": "dDAjGkE1RZJ", "uri": "/contracts/dDAjGkE1RZJ#co-borrowers", "label": "Credit Agreement (Eastgroup Properties Inc)", "score": 24.0198497772, "published": true}, {"hash": "5nXb4hlhcUb", "uri": "/contracts/5nXb4hlhcUb#co-borrowers", "label": "Term Loan Agreement (Eastgroup Properties Inc)", "score": 21.6830940247, "published": true}], "snippet": "(a) Each Borrower shall be bound jointly and severally with one another to keep, observe and perform the covenants, agreements, obligations and liabilities imposed by this Agreement upon the \"Borrower\", (b) a release of one or more Persons comprising \"Borrower\" shall not in any way be deemed a release of any other Person comprising \"Borrower\", and (c) a separate action hereunder may be brought and prosecuted against one or more of the Persons comprising \"Borrower\" without limiting any liability or impairing the Agent's or any Lender's right to proceed against any other Person comprising \"Borrower\".", "snippet_links": [{"key": "borrower-shall", "type": "clause", "offset": [9, 23]}, {"key": "jointly-and-severally", "type": "clause", "offset": [33, 54]}, {"key": "the-covenants", "type": "clause", "offset": [101, 114]}, {"key": "obligations-and-liabilities", "type": "definition", "offset": [128, 155]}, {"key": "by-this-agreement", "type": "clause", "offset": [164, 181]}, {"key": "release-of", "type": "clause", "offset": [209, 219]}, {"key": "any-other-person", "type": "definition", "offset": [306, 322]}, {"key": "separate-action", "type": "definition", "offset": [356, 371]}, {"key": "the-persons", "type": "clause", "offset": [435, 446]}, {"key": "without-limiting", "type": "clause", "offset": [469, 485]}, {"key": "the-agent", "type": "clause", "offset": [513, 522]}, {"key": "right-to-proceed", "type": "clause", "offset": [541, 557]}], "size": 9, "hash": "9d1d11b7915ee8734d98dc4cd19cccd7", "id": 5}, {"samples": [{"hash": "etj9uRv8Lrh", "uri": "/contracts/etj9uRv8Lrh#co-borrowers", "label": "Loan and Security Agreement (LDR Holding Corp)", "score": 24.603012085, "published": true}, {"hash": "kf4BLlJaztd", "uri": "/contracts/kf4BLlJaztd#co-borrowers", "label": "Loan and Security Agreement (Jl Halsey Corp)", "score": 21.0, "published": true}, {"hash": "fdTSDFrNfXh", "uri": "/contracts/fdTSDFrNfXh#co-borrowers", "label": "Loan and Security Agreement (Lyris, Inc.)", "score": 21.0, "published": true}], "snippet": "Borrowers are jointly and severally liable for the Obligations and Bank may proceed against one Borrower to enforce the Obligations without waiving its right to proceed against the other Borrower. This Agreement and the Loan Documents are a primary and original obligation of each Borrower and shall remain in effect notwithstanding future changes in conditions, including any change of law or any invalidity or irregularity in the creation or acquisition of any Obligations or in the execution or delivery of any agreement between Bank and any Borrower. Each Borrower shall be liable for existing and future Obligations as fully as if all of the Credit Extensions were advanced to such Borrower. Bank may rely on any certificate or representation made by any Borrower as made on behalf of, and binding on, all Borrowers, including without limitation Advance Request Forms, Borrowing Base Certificates and Compliance Certificates. Borrowers are jointly and severally liable for the Obligations and Bank may proceed against one or more of the Borrowers to enforce the Obligations without waiving its right to proceed against any of the other Borrowers. Each Borrower appoints each other Borrower as its agent with all necessary power and authority to give and receive notices, certificates or demands for and on behalf of both Borrowers, to act as disbursing agent for receipt of any Advances on behalf of each Borrower and to apply to Bank on behalf of each Borrower for Advances, any waivers and any consents. 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Neither the Lenders nor the Agent shall incur any liability to the Borrowers as a result thereof. 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