Common use of Obligations of Borrowers Clause in Contracts

Obligations of Borrowers. Notwithstanding anything in this Credit Agreement or in the other Credit Documents to the contrary (including, without limitation, Section 2.7, Section 2.12, Article X and Article XI), the parties hereto acknowledge and agree that (a) each of the Borrowers, in its capacity as a Borrower hereunder, is not jointly and severally liable for the Credit Party Obligations of the other Borrower; provided that it is acknowledged and agreed that the Company has guaranteed the Credit Party Obligations of the Foreign Borrower pursuant to Article XI and that the Foreign Borrower has not guaranteed the Credit Party Obligations of the Company and (b) neither the Foreign Borrower nor any other Foreign Credit Party shall be required to repay or prepay, or to guarantee, nor shall any amount paid by the Foreign Borrower or any other Foreign Credit Party be applied to, any Credit Party Obligations of the Company and the US Guarantors.

Obligations of Borrowers. Notwithstanding anything in this Credit Agreement or in the other Credit Documents to the contrary (including, without limitation, Section 2.7, Section 2.12, Article X 2.11 and Article XISection 9), the parties hereto acknowledge and agree that (a) each of the Foreign Borrowers, in its capacity as a Borrower hereunder, is not jointly and severally liable for the Credit Party Obligations of the other BorrowerCompany; provided that it is acknowledged and agreed that the Company has guaranteed the Credit Party Obligations of the Foreign Borrower Borrowers pursuant to Article XI Section 9 and that the Foreign Borrower has Borrowers have not guaranteed the Credit Party Obligations of the Company and (b) neither the no Foreign Borrower nor any other or Foreign Credit Party Guarantor shall be required to repay or prepay, or to guarantee, nor shall any amount paid by the any Foreign Borrower or any other Foreign Credit Party Guarantor be applied to, any Credit Party Obligations of the Company and the US GuarantorsCompany.

Obligations of Borrowers. Notwithstanding anything in this Credit Agreement or in the other Credit Documents to the contrary (including, without limitation, Section 2.72.8, Section 2.122.13, Article X and Article XI), the parties hereto acknowledge and agree that (a) each of the Borrowers, in its capacity as a Borrower hereunder, is not jointly and severally liable for the Credit Party Obligations of the other Borrower; provided that it is acknowledged and agreed that the Company has guaranteed the Credit Party Obligations of the Foreign Borrower Borrowers pursuant to Article XI and that the Foreign Borrower has Borrowers have not guaranteed the Credit Party Obligations of the Company and (b) neither the Foreign Borrower Subsidiaries nor any other Foreign Credit Party shall be required to repay or prepay, or to guarantee, nor shall any amount paid by the Foreign Borrower Borrowers or any other Foreign Credit Party be applied to, any Credit Party Obligations of the Company and the US Guarantors.