Common use of Joint Borrowing Clause in Contracts

Joint Borrowing. 9.1 Where more than one person is named as “you” or the “customer” in this credit agreement, any reference to “you” or the “customer” includes a reference to each of you and your agreements, obligations and liabilities under this credit agreement are joint and several. Any notice given to the first of you named as “you” or the “customer” in this credit agreement shall be deemed to be given to all of you.

Appears in 3 contracts

Sources: Loan Agreement, Loan Agreement, Loan Agreement