Common use of Cross-Liability Clause in Contracts

Cross-Liability. a) The Borrower further agrees that the security created shall also be security for (a) all other monies that may be due and payable by the Borrower to Fincare, on any account whatsoever, whether present or future, including any liability of the Borrower as a surety or co-obligator either singly or along with any other person and /or (b) Loan granted / continued to the group companies/ associate of the Borrower as declared from time to time.

Cross-Liability. a) The Borrower further agrees that the security Security and/or the Additional Security created shall also be security Security for (a) all other monies that may be due and payable by the Borrower to Fincarethe Bank, on any account whatsoever, whether present or future, including any liability of the Borrower as a surety or co-obligator either singly or along with alongwith any other person and /or (b) Loan Facility granted / continued to the group companies/ companies / associate of the Borrower as declared from time to time.

Cross-Liability. a) The Borrower further agrees that the security Security created shall also be security for (a) all other monies that may be due and payable by the Borrower to Fincare, the Lender on any account whatsoever, whatsoever whether present or future, future including any liability of the Borrower as a surety or co-obligator either singly by himself or along with other any other person and /or (b) Loan granted / continued to the group companies/ associate of the Borrower as declared from time to timePerson.

Cross-Liability. a) A. The Borrower further agrees that the security created shall also be security Security for (a) all other monies that may be due and payable by the Borrower to Fincare, the Lender on any account whatsoever, whatsoever whether present or future, future including any liability of the Borrower as a surety or co-obligator either singly by himself or along with alongwith other any other person and /or (b) Loan granted / continued to the group companies/ associate of the Borrower as declared from time to timePerson.