Joint and Several Obligations of Pledgors Sample Clauses

Joint and Several Obligations of Pledgors. (a) Each of the Pledgors is accepting joint and several liability hereunder in consideration of the financial accommodation to be provided by the holders of the Secured Obligations under the Credit Agreement, for the mutual benefit, directly and indirectly, of each of the Pledgors and in consideration of the undertakings of each of the Pledgors to accept joint and several liability for the obligations of each of them. (b) Each of the Pledgors jointly and severally hereby irrevocably and unconditionally accepts, not merely as a surety but also as a co-debtor, joint and several liability with the other Pledgors with respect to the obligations arising under this Pledge Agreement, it being the intention of the parties hereto that all the obligations hereunder shall be the joint and several obligations of each of the Pledgors without preferences or distinction among them. (c) Notwithstanding any provision to the contrary contained herein or in any other of the Loan Documents, or other documents relating to the Secured Obligations, the obligations of each Pledgor hereunder shall be limited to an aggregate amount equal to the largest amount that would render such obligations subject to avoidance under Section 548 of the Bankruptcy Code, any comparable provisions of any applicable state law or any applicable corporate or other organizational Laws relating to the ability of an entity to approve and authorize Guarantees or Indebtedness (or the effectiveness of any such approval or authorization) in excess of an amount that would render such entity insolvent or such other amount as may be established by such Law.

Joint and Several Obligations of Pledgors. (a) Each of the Pledgors is accepting joint and several liability hereunder in consideration of the financial accommodation to be provided by the Secured Creditors, for the mutual benefit, directly and indirectly, of each of the Pledgors and in consideration of the undertakings of each of the Pledgors to accept joint and several liability for the obligations of each of them. (b) Each of the Pledgors jointly and severally hereby irrevocably and unconditionally accepts, not merely as a surety but also as a co-debtor, joint and several liability with the other Pledgors with respect to the payment and performance of all of the Senior Secured Obligations arising under this Pledge Agreement, the other Financing Documents and any other documents relating to the Senior Secured Obligations, it being the intention of the parties hereto that all the Senior Secured Obligations shall be the joint and several obligations of each of the Pledgors without preferences or distinction among them. (c) Notwithstanding any provision to the contrary contained herein, in any other of the Financing Documents or in any other documents relating to the Senior Secured Obligations, the obligations of each Guarantor under the Intercreditor Agreement, the other Financing Documents and the documents relating to the Senior Secured Obligations shall be limited to an aggregate amount equal to the largest amount that would not render such obligations subject to avoidance under Debtor Relief Laws or any comparable provisions of any applicable state law. [Signature Pages Follow] CHAR1\1042960v9 Each of the parties hereto has caused a counterpart of this Pledge Agreement to be duly executed and delivered as of the date first above written. PLEDGORS: RUBY TUESDAY, INC., a Georgia corporation By:/s/ ▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name:▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Senior Vice President RTBD, INC. By: /s/ ▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name:▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: President RT FINANCE, INC. By: /s/ ▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name:▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Vice President RUBY TUESDAY GC CARDS, INC. By: /s/ ▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name:▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Vice President RT TAMPA FRANCHISE, LP By: /s/ ▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name:▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Vice President RT ORLANDO FRANCHISE, LP By: /s/ ▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name:▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Vice President ▇▇▇▇▇\▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ FRANCHISE, LP By: /s/ ▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name:▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Vice President RT NEW YORK FRANCHISE, LLC By: /s/ ▇▇▇▇▇▇▇...

Joint and Several Obligations of Pledgors. (a) Each of the Pledgors is accepting joint and several liability hereunder in consideration of the financial accommodation to be provided by the Lenders under the Credit Agreement, for the mutual benefit, directly and indirectly, of each of the Pledgors and in consideration of the undertakings of each of the Pledgors to accept joint and several liability for the obligations of each of them. (b) Each of the Pledgors jointly and severally hereby irrevocably and unconditionally accepts, not merely as a surety but also as a co-debtor, joint and several liability with the other Pledgors with respect to the payment and performance of all of the Pledgor Obligations arising under this Pledge Agreement and the other Credit Documents, it being the intention of the parties hereto that all the Pledgor Obligations shall be the joint and several obligations of each of the Pledgors without preferences or distinction among them. (c) Notwithstanding any provision to the contrary contained herein or in any other of the Credit Documents, to the extent the obligations of a Guarantor shall be adjudicated to be invalid or unenforceable for any reason (including, without limitation, because of any applicable state or federal law relating to fraudulent conveyances or transfers) then the obligations of each Guarantor hereunder shall be limited to the maximum amount that is permissible under applicable law (whether federal or state and including, without limitation, any bankruptcy, insolvency or similar law).

Joint and Several Obligations of Pledgors. The Pledgor and Rich▇▇▇▇▇▇ ▇▇▇ntly and severally hereby irrevocably and unconditionally accepts, not merely as a surety but also as a co-debtor, joint and several liability with respect to the payment and performance of all of the Pledgor Obligations arising under this Pledge Agreement and the Note, it being the intention of the parties hereto that all the Pledgor Obligations shall be the joint and several obligations of the Pledgor and Rich▇▇▇▇▇▇ ▇▇▇hout preferences or distinction among them.

Joint and Several Obligations of Pledgors. All payment obligations of the Pledgors hereunder shall be joint and several.

Joint and Several Obligations of Pledgors. (a) Each Pledgor is accepting joint and several liability hereunder with other persons that have executed or will execute a Security Agreement in consideration of the financial accommodation to be provided by the holders of the Secured Obligations, for the mutual benefit, directly and indirectly, of each Pledgor and in consideration of the undertakings of each Pledgor to accept joint and several liability for the Secured Obligations of each of them. (b) Each Pledgor jointly and severally hereby irrevocably and unconditionally accepts, not merely as a surety but also as a co-debtor, joint and several liability with the other Pledgors with respect to the payment and performance of all of the Secured Obligations, it being the intention of the parties hereto that all the Secured Obligations shall be the joint and several Secured Obligations of each Pledgor without preferences or distinction among them.

Joint and Several Obligations of Pledgors. (a) Each of the Pledgors is accepting joint and several liability hereunder in consideration of the financial accommodation to be provided by the Lenders under the Credit Agreement, for the mutual benefit, directly and indirectly, of each of the Pledgors and in consideration of the undertakings of each of the Pledgors to accept joint and several liability for the obligations of each of them. (b) Each of the Pledgors jointly and severally hereby irrevocably and unconditionally accepts, not merely as a surety but also as a co-debtor, joint and several liability with the other Pledgors with respect to the payment and performance of all of the Pledgor Obligations arising under this Pledge Agreement, the other Credit Documents and the Hedging Agreements, it being the intention of the parties hereto that all the Pledgor Obligations shall be the joint and several obligations of each of the Pledgors without preferences or distinction among them. (c) Notwithstanding any provision to the contrary contained herein or in any other of the Credit Documents, to the extent the obligations of a Guarantor shall be adjudicated to be invalid or unenforceable for any reason (including, without limitation, because of any applicable state or federal law relating to fraudulent conveyances or transfers) then the obligations of each Guarantor hereunder shall be limited to the maximum amount that is permissible under applicable law (whether federal or state and including, without limitation, the Bankruptcy Code). Each of the parties hereto has caused a counterpart of this Pledge Agreement to be duly executed and delivered as of the date first above written. BORROWER: EXTENDICARE HEALTH SERVICES, INC., a Delaware corporation By: ______________________________ Name: ____________________________ Title: ___________________________ GUARANTORS: EXTENDICARE HOLDINGS, INC., a Wisconsin corporation By: ______________________________ Name: ____________________________ Title: ___________________________ EXTENDICARE HEALTH FACILITY HOLDINGS, INC., a Delaware corporation By: ______________________________ Name: ____________________________ Title: ___________________________ EXTENDICARE HEALTH FACILITIES, INC., a Wisconsin corporation By: ______________________________ Name: ____________________________ Title: ___________________________ COVENTRY CARE, INC., a Pennsylvania corporation By: ______________________________ Name: ____________________________ Title: ___________________________ 188 NORT...

Joint and Several Obligations of Pledgors. (a) Each of the Pledgors is accepting joint and several liability hereunder in consideration of the financial accommodation to be provided by the holders of the Secured Obligations, for the mutual benefit, directly and indirectly, of each of the Pledgors and in consideration of the undertakings of each of the Pledgors to accept joint and several liability for the obligations of each of them. (b) Each of the Pledgors jointly and severally hereby irrevocably and unconditionally accepts, not merely as a surety but also as a co-debtor, joint and several liability with the other Pledgors with respect to the payment and performance of all of the Secured Obligations arising under this Pledge Agreement, the other Loan Documents and any other documents relating to the Secured Obligations, it being the intention of the parties hereto that all the Secured Obligations shall be the joint and several obligations of each of the Pledgors without preferences or distinction among them. (c) Notwithstanding any provision to the contrary contained herein, in any other of the Loan Documents or in any other documents relating to the Secured Obligations, the obligations of each Guarantor under the Credit Agreement and the other Loan Documents shall be limited to an aggregate amount equal to the largest amount that would not render such obligations subject to avoidance under Section 548 of the Bankruptcy Code or any comparable provisions of any applicable state law. EACH OF THE PLEDGORS LISTED ON APPENDIX A By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Title: Vice President and Treasurer Accepted and agreed to as of the date first above written. BARCLAYS BANK PLC, as Collateral Agent By: Name: Title: Ardent Health Partners, LLC AHS Management Services of Oklahoma, AHP Health Partners, Inc. LLC Ardent Legacy Holdings, LLC AHS ▇▇▇▇▇ Hospital, LLC AHS Legacy Operations LLC BSA Health System Management, LLC LHP Hospital Group, Inc. BSA Health System Holdings, LLC AHS Newco 17, LLC BSA Physicians Group, Inc. AHS Newco 18, LLC BSA ▇▇▇▇▇▇▇▇▇▇ Physicians, Inc. AHS Oklahoma, Inc. BSA Amarillo Diagnostic Clinic, Inc. AHS Hillcrest Healthcare System, LLC LHP Operations Co., LLC AHS Management Company, Inc. LHP Management Services, LLC AHS East Texas Health System, LLC LHP Texas Physicians, LLC BSA Health System of Amarillo, LLC LHP Montclair LLC AHS New Mexico Holdings, Inc. LHP Pascack Valley, LLC AHS Kansas Health System, Inc. LHP Pocatello, LLC AHS Albuquerque Holdings, LLC LHP HH/K...

Joint and Several Obligations of Pledgors. (a) Each of the Pledgors is accepting joint and several liability hereunder in consideration of the financial accommodation to be provided by the Secured Parties, for the mutual benefit, directly and indirectly, of each of the Pledgors and in consideration of the undertakings of each of the Pledgors to accept joint and several liability for the obligations of each of them. (b) Each of the Pledgors jointly and severally hereby irrevocably and unconditionally accepts, not merely as a surety but also as a primary obligor, joint and several liability with the other Pledgors with respect to the payment and performance of all of the Secured Obligations arising under this Pledge Agreement, the other Loan Documents and any other documents relating to the Secured Obligations, it being the intention of the parties hereto that all the Secured Obligations shall be the joint and several obligations of each of the Pledgors without preferences or distinction among them. (c) Notwithstanding any provision to the contrary contained herein, in any other of the Loan Documents or in any other documents relating to the Secured Obligations, the obligations of each Guarantor under the Credit Agreement, the other Loan Documents and the documents relating to the Secured Obligations shall be limited to an aggregate amount equal to the largest amount that would not render such obligations subject to avoidance under Section 548 of the Bankruptcy Code or any comparable provisions of any applicable state law. Each of the parties hereto has caused a counterpart of this Pledge Agreement to be duly executed and delivered as of the date first above written. PLEDGORS: NOODLES & COMPANY, a Delaware corporation By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Executive Vice President a Colorado corporation By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice President a Colorado corporation By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice President a Colorado corporation By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice President a Colorado corporation By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice President a Wisconsin corporation By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice President a Minnesota corporation By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: President an Illinois corporation By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice President a Virginia corporation By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice Pre...