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Common use of Joint and Several Liability of the Borrowers Clause in Contracts

Joint and Several Liability of the Borrowers. Appointment of Principal Borrower as Agent for Borrowers.

Appears in 2 contracts

Sources: Credit Agreement (U S Restaurant Properties Inc), Credit Agreement (U S Restaurant Properties Inc)

Related Clauses

  • Joint and Several Liability of Borrowers
  • Joint and Several Liabilities
  • Joint and Several Liability
  • Obligations Joint and Several
  • Joint and Several

Parent Clauses

  • Miscellaneous
  • The Credits
  • Fees Payments and Other Compensation
  • AMOUNT AND TERMS OF COMMITMENTS
  • Definitions and Accounting Terms

Sub-Clauses

  • Payment of Fees, Etc
  • Representations and Warranties; No Event of Default
  • Conditions Precedent to Effectiveness
  • Delivery of Documents
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