Unconditional Joinder Sample Clauses

Unconditional Joinder. The undersigned acknowledges that the undersigned’s obligations as a party to this Joinder are unconditional and are not subject to the execution of one or more Joinders by other parties. The undersigned further agrees that it has joined and is fully obligated as [an Obligor] [and] [a Subordinated Creditor] under the Intercompany Subordination Agreement.
AutoNDA by SimpleDocs
Unconditional Joinder. Subsidiary acknowledges that Subsidiary’s obligations as a party to this Joinder Agreement are unconditional and are not subject to the execution of one or more Joinder Agreements or any other Loan Documents by other Subsidiaries of the Borrower or any other Person.
Unconditional Joinder. The undersigned acknowledges that its obligations under this Joinder are unconditional.
Unconditional Joinder. Subsidiary acknowledges that Subsidiary’s obligations as a party to this Joinder are unconditional and are not subject to the execution of one or more Joinders by other subsidiaries of any Borrower or any other party. Subsidiary hereby represents and warrants to the Administrative Agent and the Lenders that it will derive benefits, directly and indirectly, from the financing provided under the Credit Agreement, both in its separate capacity and as a member of the integrated group to which it belongs and because the successful operation of the integrated group is dependent upon the continued successful performance of the functions of the integrated group as a whole, (i) the terms of the consolidated financing provided under this Joinder are more favorable than would otherwise would be obtainable by Subsidiary individually, and (ii) the additional administrative and other costs and reduced flexibility associated with individual financing arrangements which would otherwise be required if obtainable would substantially reduce the value to Subsidiary of the financing.

Related to Unconditional Joinder

  • Reaffirmation of Guaranty The Guarantors hereby ratify and affirm all of the terms, covenants, conditions and obligations of the Guaranty and acknowledge and agree that the term “Obligations” as used in the Guaranty shall apply to all of the Obligations of Seller to Buyer under the Repurchase Agreement, as amended hereby.

Time is Money Join Law Insider Premium to draft better contracts faster.