Joint Benefit Sample Clauses

Joint Benefit. The Companies engage in complimentary lines of ------------- business and therefore each Loan made hereunder to any of the Companies benefits all of the Companies.
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Joint Benefit. Each Co-Borrower represents to Agent and each Lender that each Co-Borrower will receive direct and indirect benefits from the availability of the Loans, and from the ability to access the collective credit resources of Co-Borrowers. Each Co-Borrower irrevocably authorizes the Borrower to act on its behalf in requesting, authorizing, and directing the use of the proceeds of the Loan, and each Co-Borrower agrees to be bound by the acts of the Borrower in connection with the Loan Documents. It is expressly understood by each Co-Borrower that Agent and Lenders shall have no responsibility to inquire into the apportionment, allocation or disposition of any Loans among the Borrower and the Co-Borrowers; that all Loans or other credit accommodations are made for the account of the Borrower and the Co-Borrowers; that the handling of the Facility on a joint borrowing basis is solely as an accommodation to the Borrower and the Co-Borrowers; and neither Agent nor Lenders shall incur any liability to any Co-Borrower as a result thereof.
Joint Benefit. 76 ss.28.2. Duty to Keep Informed.............................................................................76 ss.28.3. Consents..........................................................................................77 ss.28.4. Suretyship Waivers................................................................................77 ss.28.5. Subordination.....................................................................................79 Exhibit A Form of Note Exhibit B Form of Loan Request Exhibit C Form of Compliance Certificate Exhibit D Form of Swingline Loan Request Exhibit E Form of Assignment and Acceptance Exhibit F Form of Letter of Credit Request Exhibit G Form of Letter of Credit Application Exhibit H Form of Competitive Bid Quote Request Exhibit I Form of Invitation for Competitive Bid Quotes Exhibit J Form of Competitive Bid Quote Exhibit K Form of Acceptance of Competitive Bid Quote Exhibit L Form of Joinder Agreement Schedule 1 Lenders; Domestic and LIBOR Lending Offices Schedule 1.1 Unencumbered Properties and Unencumbered Development Properties Schedule 1.2 Commitments and Commitment Percentages Schedule 1.3 Related Companies, Co-Borrowers and Unconsolidated Entities Schedule 1.4. Existing Letter of Credit Schedule 6.3 Title to Properties Schedule 6.7 Litigation Schedule 6.15 Insider Transactions Schedule 6.16 Employee Benefit Plans Schedule 6.18 Environmental Matters Schedule 6.19 Company Assets Schedule 6.21 Building Structural Defects, etc. Schedule 7.18 Interest Rate Contracts Schedule 8.2(d) Investments CREDIT AGREEMENT This CREDIT AGREEMENT is made as of the 16th day of January, 2003, by and among LIBERTY PROPERTY LIMITED PARTNERSHIP, a Pennsylvania limited partnership (the "Borrower"), LIBERTY PROPERTY TRUST, a Maryland trust (the "Company"), the Co-Borrowers named on the signature pages hereof and any entity that may become an additional Co-Borrower pursuant to ss.5.6 (the "Co-Borrowers") and FLEET NATIONAL BANK, a national banking association ("Fleet"), the other lending institutions which are listed from time to time on Schedule 1 (collectively, with Fleet, the "Lenders"), WACHOVIA BANK, NATIONAL ASSOCIATION, as co-syndication agent, BANK ONE, N.A., as co-syndication agent, XXXXX FARGO BANK, NATIONAL ASSOCIATION, as documentation agent, PNC BANK, NATIONAL ASSOCIATION, as managing agent, SUNTRUST BANK as co-agent, and FLEET NATIONAL BANK, as administrative agent for itself and such other lending institutions (the "Agent").
Joint Benefit. Each of the Companies represents and warrants to the Administrative Agent and the Lenders that the Companies engage in complementary lines of business, and therefore each Loan made hereunder to any of the Companies benefits all of the Companies and each Loan made hereunder to all of the Companies benefits each of the Companies.
Joint Benefit. The business operations of each Obligor are interrelated and complement one another, and such entities have a common business purpose. The proceeds of Notes will benefit the Co-Issuers and each other Guarantor, severally and jointly, regardless of which entity receives part or all of any such proceeds.
Joint Benefit. 27 Section 5.16 Licenses.................................................27 Section 5.17. Chief Executive Office...................................27 Section 5.18.

Related to Joint Benefit

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Supplemental Retirement Benefit In addition to the foregoing, Executive shall be eligible to participate in the Supplemental Executive Retirement Plan maintained by Cleco Utility Group Inc. or such other supplemental retirement benefit plans which the Company or its Affiliates may adopt, from time to time, for similarly situated executives (the "Supplemental Plan").

  • Survivor Benefit Upon the death of a regular employee who leaves a spouse and/or dependants enrolled in the Medical Services Plan, Dental Plan and Extended Health Benefit Plan, such enrolment may continue for twelve (12) months following the employee’s death, provided the enrolled family members pay the employee’s share of the cost of the premium for the plans. The Employer shall advise the survivor of this benefit.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • Early Retirement Benefit If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.2.

  • Normal Retirement Benefit Upon Termination of Employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.

  • Settlement Benefits WHAT YOU GET

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Public Benefit It is Xxxxxxx’x understanding that the commitments it has agreed to herein, and actions to be taken by Xxxxxxx under this Settlement Agreement, would confer a significant benefit to the general public, as set forth in Code of Civil Procedure § 1021.5 and Cal. Admin. Code tit. 11, § 3201. As such, it is the intent of Xxxxxxx that to the extent any other private party initiates an action alleging a violation of Proposition 65 with respect to Xxxxxxx failure to provide a warning concerning exposure to DEHP prior to use of the Products it has manufactured, distributed, sold, or offered for sale in California, or will manufacture, distribute, sell, or offer for sale in California, such private party action would not confer a significant benefit on the general public as to those Products addressed in this Settlement Agreement, provided that Xxxxxxx is in material compliance with this Settlement Agreement.

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