Common use of Interrelatedness of Borrowers Clause in Contracts

Interrelatedness of Borrowers. The business operations of each Borrower are interrelated and complement one another, and such entities have a common business purpose, with intercompany bookkeeping and accounting adjustments used to separate their respective properties, liabilities, and transactions. To permit their uninterrupted and continuous operations, such entities now require and will from time to time hereafter require funds and credit accommodations for general business purposes. The proceeds of advances under the WC Line and Equipment Line and other credit facilities extended hereunder will directly or indirectly benefit each Borrower hereunder severally and jointly, regardless of which Borrower requests or receives part or all of the proceeds of such advances.

Interrelatedness of Borrowers. The business operations of each Borrower are interrelated and complement one another, and such entities companies have a common business purpose, with intercompany inter-company bookkeeping and accounting adjustments used to separate their respective propertiesProperties, liabilitiesLiabilities, and transactions. To permit their uninterrupted and continuous operations, such entities companies now require and will from time to time hereafter require funds and credit accommodations for general business purposes. The proceeds of advances Advances under the WC Line Revolving Credit and Equipment Line and other credit facilities extended hereunder the making of the Term Loans will directly or indirectly benefit each Borrower hereunder severally and jointly, regardless of which Borrower requests or receives part or all of the proceeds of such advances.

Interrelatedness of Borrowers. The business operations of each Borrower are interrelated and complement one another, and such entities companies have a common business purpose, with intercompany inter-company bookkeeping and accounting adjustments used to separate their respective propertiesProperties, liabilitiesLiabilities, and transactions. To permit their uninterrupted and continuous operations, such entities companies now require and will from time to time hereafter require funds and credit accommodations for general business purposes. The proceeds of advances Advances under the WC Line and Equipment Line and other credit facilities extended hereunder Revolving Credit will directly or indirectly benefit each Borrower hereunder severally and jointly, regardless of which Borrower requests or receives part or all of the proceeds of such advances.