Common use of Obligations Joint and Several Clause in Contracts

Obligations Joint and Several. Each agreement in any Loan Document by the Company or any other Borrower to make any payment, to take any action or otherwise to be bound by the terms thereof is a joint and several agreement of the Borrower (including the Company and any Additional Borrower), and each obligation the Company or any other Borrower under any Loan Document shall be a joint and several obligation of the Borrower (including the Company and any Additional Borrower).

Appears in 5 contracts

Samples: Pledge and Security Agreement (Blue Apron Holdings, Inc.), Pledge and Security Agreement (Blue Apron Holdings, Inc.), Pledge and Security Agreement (Blue Apron Holdings, Inc.)

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Obligations Joint and Several. Each agreement in any Loan Document by the Company or any other Borrower to make any payment, to take any action or otherwise to be bound by the terms thereof is a joint and several agreement of all the Borrower (including the Company and any Additional Borrower)Borrowers, and each obligation the Company or of any other Borrower under any Loan Document shall be a joint and several obligation of all the Borrower (including the Company and any Additional Borrower)Borrowers.

Appears in 3 contracts

Samples: Credit Agreement (Murphy USA Inc.), Borrowing Subsidiary Joinder Agreement (Murphy USA Inc.), Credit Agreement (Murphy USA Inc.)

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