Common use of Joint and Several Obligations of Pledgors Clause in Contracts

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 Pledgor of the Pledgors 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 respective Lenders under the Secured ObligationsRevolving Credit Agreement and the Term Loan Agreement, as applicable, for the mutual benefit, directly and indirectly, of each Pledgor of the Pledgors and in consideration of the undertakings of each Pledgor of the Pledgors to accept joint and several liability for the Secured Obligations obligations of each of them. (b) Each Pledgor 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 ObligationsPledgor Obligations arising under this Pledge Agreement and the other Credit Documents, it being the intention of the parties hereto that all the Secured Pledgor Obligations shall be the joint and several Secured Obligations obligations of each Pledgor 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, the obligations of each respective Guarantor under the

Joint and Several Obligations of Pledgors. (a) Each Pledgor of the Pledgors 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 Lenders under the Secured ObligationsCredit Agreement, for the mutual benefit, directly and indirectly, of each Pledgor of the Pledgors and in consideration of the undertakings of each Pledgor of the Pledgors to accept joint and several liability for the Secured Obligations obligations of each of them. (b) Each Pledgor 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 ObligationsPledgor Obligations arising under this Pledge Agreement and the other Credit Documents, it being the intention of the parties hereto that all the Secured Pledgor Obligations shall be the joint and several Secured Obligations obligations of each Pledgor of the Pledgors without preferences or distinction among them.

Joint and Several Obligations of Pledgors. (a) Each Pledgor of the Pledgors 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 Lenders under the Secured ObligationsCredit Agreement, for the mutual benefit, directly and indirectly, of each Pledgor of the Pledgors and in consideration of the undertakings of each Pledgor of the Pledgors to accept joint and several liability for the Secured Obligations obligations of each of them. (b) Each Pledgor 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 ObligationsPledgor Obligations arising under this Pledge Agreement, the other Credit Documents and any Hedging Agreement between any Credit Party and any Lender, it being the intention of the parties hereto that all the Secured Pledgor Obligations shall be the joint and several Secured Obligations obligations of each Pledgor of the Pledgors without preferences or distinction among them.