Joint and Several Obligations of Grantors. 6.2.1 Each Grantor is accepting joint and several liability hereunder with each other Grantor party to this Security Agreement in consideration of the financial accommodation to be provided by the holders of the Secured Obligations, for the mutual benefit, directly and indirectly, of each Grantor and in consideration of the undertakings of each Grantor to accept joint and several liability for the obligations of each of them.
Appears in 4 contracts
Samples: Security Agreement (Suburban Propane Partners Lp), Existing Credit Agreement (Suburban Propane Partners Lp), Security Agreement (Suburban Propane Partners Lp)
Joint and Several Obligations of Grantors. 6.2.1 6.2.1. Each Grantor is accepting joint and several liability hereunder with each other Grantor party to this Persons that have executed or will execute a Security Agreement in consideration of the financial accommodation to be provided by the holders of the Secured Obligations, for the mutual benefit, directly and indirectly, of each Grantor and in consideration of the undertakings of each Grantor to accept joint and several liability for the obligations of each of them.
Appears in 2 contracts
Samples: Assignment, and Security Agreement (Allied Capital Corp), Assignment, and Security Agreement (Allied Capital Corp)
Joint and Several Obligations of Grantors. 6.2.1 (a) Each Grantor is accepting joint and several liability hereunder with each other Grantor party to this Security Agreement in consideration of the financial accommodation to be provided by the holders of the Secured Obligations, for the mutual benefit, directly and indirectly, of each Grantor and in consideration of the undertakings of each Grantor to accept joint and several liability for the obligations of each of them.
Appears in 2 contracts
Samples: Security Agreement (Suburban Propane Partners Lp), Security Agreement (Suburban Propane Partners Lp)
Joint and Several Obligations of Grantors. 6.2.1 (a) Each Grantor is accepting joint and several liability hereunder with each other Grantor party to this persons that have executed or will execute a Security Agreement in consideration of the financial accommodation to be provided by the holders of the Secured Obligations, for the mutual benefit, directly and indirectly, of each Grantor and in consideration of the undertakings of each Grantor to accept joint and several liability for the obligations Obligations of each of them.
Appears in 2 contracts
Samples: Security Agreement (Harte Hanks Inc), Pledge and Security Agreement (Electronic Cigarettes International Group, Ltd.)