Qualified Borrowers. Notwithstanding the foregoing or anything to the contrary in the Loan Documents, each Qualified Borrower shall only be liable for the Obligations incurred by and attributable to such Qualified Borrower; provided, for the avoidance of doubt, that such Obligations shall be guaranteed by the Borrowers pursuant to the applicable Qualified Borrower Guaranty, and such Qualified Borrower Guaranty shall be a joint and several obligation of each Fund.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Lord Abbett Private Credit Fund S), Revolving Credit Agreement (Lord Abbett Private Credit Fund)