Common use of Concerning Joint and Several Liability of the Borrowers Clause in Contracts

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder in consideration of the financial accommodation to be provided by the Lenders under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers to accept joint and several liability for the obligations of each of them.

Appears in 14 contracts

Samples: Credit Agreement (Blount International Inc), Credit Agreement (Kid Brands, Inc), Credit Agreement (Kid Brands, Inc)

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Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder in consideration of the financial accommodation to be provided by the Lenders under this Credit Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers to accept joint and several liability for the obligations of each of them.

Appears in 14 contracts

Samples: Credit Agreement (Coleman Cable, Inc.), Credit Agreement (Nationsrent Companies Inc), Credit Agreement (Nationsrent Companies Inc)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Lenders and the Administrative Agent under this Credit Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of themObligations.

Appears in 5 contracts

Samples: Credit Agreement (KKR Financial Holdings LLC), Credit Agreement (KKR Financial Corp), Credit Agreement (KKR Financial Corp)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Lenders Banks under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of themObligations.

Appears in 5 contracts

Samples: Credit Agreement (Newtech Corp), Revolving Credit Agreement (Mastec Inc), Revolving Credit Agreement (Casella Waste Systems Inc)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder in consideration of the financial accommodation to be provided by the Lenders Banks under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers to accept joint and several liability for the obligations of each of them.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Trico Marine Services Inc), Credit Agreement (Valspar Corp), Credit Agreement (Trico Marine Services Inc)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder in consideration of the financial accommodation accommodations to be provided by the Lenders Lenders, the Issuing Banks and the Agent under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers to accept joint and several liability for the obligations of each of them.

Appears in 2 contracts

Samples: Credit Agreement (Finlay Fine Jewelry Corp), Credit Agreement (Finlay Enterprises Inc /De)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder in consideration of the financial accommodation accommodations to be provided by the Lenders under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers to accept joint and several liability for the obligations of each of them.

Appears in 2 contracts

Samples: Security Agreement (Phosphate Holdings, Inc.), Revolving Credit (Teamstaff Inc)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder in consideration of the financial accommodation accommodations to be provided by the Administrative Agent, the Issuing Bank and the Lenders under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers to accept joint and several liability for the obligations of each of them.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mayors Jewelers Inc/De), Mayors Jewelers Inc/De

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting accepts joint and several liability for the Obligations of all of the Borrowers hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Administrative Agent and the Lenders under this Credit Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of themObligations.

Appears in 2 contracts

Samples: Credit and Term Loan Agreement (Iesi Corp), Revolving Credit and Term Loan Agreement (Iesi Tx Corp)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Lenders Bank under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of themObligations.

Appears in 2 contracts

Samples: Credit Agreement (Bankvest Capital Corp), Revolving Credit Agreement (TRC Companies Inc /De/)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability for the Obligations of all of the Borrowers hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Administrative Agent and the Lenders under this Credit Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of themObligations.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Nationsrent Inc), Credit and Term Loan Agreement (Nationsrent Inc)

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Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Lenders and the Agent under this Credit Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of themObligations.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Zale Corp), Revolving Credit Agreement (Zale Corp)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder in consideration of the financial accommodation to be provided by the Lenders Banks and the Issuing Bank under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers to accept joint and several liability for the obligations of each of them.

Appears in 1 contract

Samples: Revolving Credit Agreement (Trico Marine Services Inc)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder in consideration of the financial accommodation accommodations to be provided by the Lenders Agent and the Banks under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers to accept joint and several liability for the obligations of each of them.

Appears in 1 contract

Samples: Credit Agreement (Xomed Surgical Products Inc)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Lenders Agent and the Banks under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of themObligations.

Appears in 1 contract

Samples: Revolving Credit Agreement (TRC Companies Inc /De/)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Lenders Banks and the Administrative Agent under this Credit Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of themObligations.

Appears in 1 contract

Samples: Revolving Credit Agreement (Fairfield Communities Inc)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder in consideration of the financial accommodation accommodations to be provided by the Agent, the Letter of Credit Issuer and the Lenders under this Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers to accept joint and several liability for the obligations of each of them.

Appears in 1 contract

Samples: Loan and Security Agreement (Fao Inc)

Concerning Joint and Several Liability of the Borrowers. (a) Each of the Borrowers is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial accommodation accommodations to be provided by the Lenders Banks and the Agent under this Credit Agreement, for the mutual benefit, directly and indirectly, of each of the Borrowers and in consideration of the undertakings of each of the Borrowers other Borrower to accept joint and several liability for the obligations of each of themObligations.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Dave & Busters Inc)

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