All Loans to Constitute One Obligation. The Loans shall constitute one general Obligation of Borrower, and shall be secured by Lender's Lien upon all of the Collateral.
All Loans to Constitute One Obligation. The Loans and LC Obligations shall constitute one general Obligation of Borrowers, and shall be secured by Agent's Lien upon all of the Collateral.
All Loans to Constitute One Obligation. The Loans shall constitute one general Obligation of Borrowers and (unless otherwise expressly provided in any Security Document) shall be secured by Agent’s Lien upon all of the Collateral; provided, however, that Agent and each Lender shall be deemed to be a creditor of each Borrower and the holder of a separate claim against each Borrower to the extent of any Obligations jointly and severally owed by Borrowers to Agent or such Lender.
All Loans to Constitute One Obligation. All Loans shall constitute one general joint and several obligation of Borrowers, and shall be secured by Lender's security interest in and Lien upon all of the Collateral, and by all other security interests and Liens heretofore, now or at any time or times hereafter granted by Borrower to Lender.
All Loans to Constitute One Obligation. The Loans shall constitute -------------------------------------- one general Obligation of Borrower and (unless and to the extent otherwise expressly provided in any of the Security Documents) shall be secured by Lender's Lien upon all of the Collateral.
All Loans to Constitute One Obligation. All Loans shall constitute one general obligation of Borrower, and shall be secured by Lender's security interest in and Lien upon all of the Collateral, and by all other security interests and Liens heretofore, now or at any time or times hereafter granted by Borrower or any Subsidiary to Lender.
All Loans to Constitute One Obligation. Except as set forth in Section 1.3 to the contrary and for the purpose of being ratably secured by Agents’ Liens upon all of the Collateral, the Loans and LC Obligations shall constitute one general Obligation of Borrowers; provided, however, that the U.K. Collateral and the Canadian Collateral shall not secure the U.S. Obligations.
All Loans to Constitute One Obligation. The Loans shall constitute one general Obligation of Borrower and (unless and to the extent otherwise expressly provided in any of the Security Documents) shall be secured by CIT's Lien upon all of the Collateral.
All Loans to Constitute One Obligation. The Loans shall be evidenced by the Umbrella Note and, without duplication, the First Union Notes and shall constitute one general obligation of the Borrowers and each Borrower shall be jointly and severally liable for the Obligations hereunder, which Obligations shall be secured by a Lien in favor of the Lender upon all of the Collateral.
All Loans to Constitute One Obligation. All Loans and Letters of Credit shall constitute one general obligation of each Borrower, and (except for PMSI Equipment Loans which are secured by the Equipment financed thereby) shall be secured by Lender's security interest in and Lien upon all of the Collateral, and by all other security interests and Liens now or at any time or times hereafter granted by each Borrower to Lender in respect thereof.
