Common use of Joint Enterprise Clause in Contracts

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers acknowledge that Agent’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 77 contracts

Sources: Loan and Security Agreement (NewLake Capital Partners, Inc.), Loan and Security Agreement (DXP Enterprises Inc), Loan and Security Agreement (Chicago Atlantic Real Estate Finance, Inc.)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease the administration of the facilitytheir relationship with Lenders, all to their the mutual advantageadvantage of Borrowers. Borrowers acknowledge and agree that Agent’s and Lenders’ willingness to extend credit to Borrowers and to administer the Collateral on a combined basis hereunder basis, as set forth herein, is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 41 contracts

Sources: Loan and Security Agreement (Bon Ton Stores Inc), Loan and Security Agreement (Bon Ton Stores Inc), Loan and Security Agreement (Houston Wire & Cable CO)

Joint Enterprise. Each Borrower has requested that Administrative Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers acknowledge that Administrative Agent’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 17 contracts

Sources: Fifth Amendment to Amended and Restated Credit Agreement (e.l.f. Beauty, Inc.), Fourth Amendment to Amended and Restated Credit Agreement and First Amendment to Pledge and Security Agreement (e.l.f. Beauty, Inc.), Loan and Security Agreement (Par Pacific Holdings, Inc.)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers ▇▇▇▇▇▇▇▇▇ acknowledge that Agent’s and Lenders▇▇▇▇▇▇▇’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 16 contracts

Sources: Loan Agreement (Innovative Industrial Properties Inc), Loan Agreement (Innovative Industrial Properties Inc), Loan and Security Agreement (FreightCar America, Inc.)

Joint Enterprise. Each Borrower has requested that Agent and the Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease the administration of the facilitytheir relationship with Lenders, all to their the mutual advantageadvantage of Borrowers. Borrowers acknowledge and agree that Agent’s and Lenders’ willingness to extend credit to Borrowers and to administer the Collateral on a combined basis hereunder basis, as set forth herein, is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 9 contracts

Sources: Term Loan Agreement (Apparel Holding Corp.), Term Loan Agreement (Apparel Holding Corp.), Term Loan Agreement (Apparel Holding Corp.)

Joint Enterprise. Each Borrower has requested that Agent and Lenders Lender make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers acknowledge that AgentLender’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 7 contracts

Sources: Loan and Security Agreement (Servicesource International, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Enservco Corp)

Joint Enterprise. Each Borrower has requested that Agent Agents and Lenders make this credit facility Loan Facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation extension of their credit facility the Loan Facility will enhance the borrowing power business of each Borrower and ease administration of the facilityLoan Facility, all to their mutual advantage. Borrowers acknowledge that Agent’s Agents’ and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 6 contracts

Sources: Loan Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Loan Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Loan Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers' business most efficiently and economically. Borrowers' business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers acknowledge that Agent’s 's and Lenders' willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers' request.

Appears in 5 contracts

Sources: Loan and Security Agreement (Innerworkings Inc), Loan and Security Agreement (DXP Enterprises Inc), Loan and Security Agreement (Seneca Foods Corp)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this the credit facility established hereunder available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease the administration of the facilitytheir relationship with Lenders, all to their the mutual advantageadvantage of Borrowers. Borrowers acknowledge and agree that Agent’s and Lenders’ willingness to extend credit to Borrowers and to administer the Collateral on a combined basis hereunder basis, as set forth herein, is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 5 contracts

Sources: Credit Agreement, Credit Agreement (Calumet Specialty Products Partners, L.P.), Credit Agreement (Calumet Specialty Products Partners, L.P.)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease the administration of the facilitytheir relationship with Lenders, all to their the mutual advantageadvantage of Borrowers. Borrowers acknowledge and agree that Agent’s and Lenders’ willingness to extend credit to Borrowers and to administer the Collateral on a combined basis hereunder basis, as set forth herein, is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 4 contracts

Sources: Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Commercial Vehicle Group, Inc.)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers' business most efficiently and economically. Borrowers' business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease the administration of the facilitytheir relationship with Lenders, all to their the mutual advantageadvantage of Borrowers. Borrowers acknowledge and agree that Agent’s 's and Lenders' willingness to extend credit to Borrowers and to administer the Collateral on a combined basis hereunder basis, as set forth herein, is done solely as an accommodation to Borrowers and at Borrowers' request.

Appears in 4 contracts

Sources: Loan, Guaranty and Security Agreement (Sanmina-Sci Corp), Loan and Security Agreement (Bairnco Corp /De/), Loan and Security Agreement (WHX Corp)

Joint Enterprise. Each Borrower has requested that the Administrative Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease the administration of the facilitytheir relationship with Lenders, all to their the mutual advantageadvantage of Borrowers. Borrowers acknowledge and agree that the Administrative Agent’s and Lenders’ willingness to extend credit to Borrowers and to administer the Collateral on a combined basis hereunder basis, as set forth herein, is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 4 contracts

Sources: Credit Agreement (Pacer International Inc), Credit Agreement (Pacer International Inc), Credit Agreement (ModusLink Global Solutions Inc)

Joint Enterprise. Each Borrower has requested that Agent and Lenders Lender make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers ▇▇▇▇▇▇▇▇▇ acknowledge that Agent▇▇▇▇▇▇’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 3 contracts

Sources: Loan and Security Agreement (HOOKER FURNISHINGS Corp), Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers B▇▇▇▇▇▇▇▇ acknowledge that Agent’s and LendersL▇▇▇▇▇▇’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 3 contracts

Sources: Loan and Security Agreement (Alliance Entertainment Holding Corp), Loan and Security Agreement (Olympic Steel Inc), Loan and Security Agreement (Olympic Steel Inc)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers' business most efficiently and economically. Borrowers' business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers ▇▇▇▇▇▇▇▇▇ acknowledge that Agent’s 's and Lenders’ ▇▇▇▇▇▇▇' willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers' request.

Appears in 3 contracts

Sources: Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Vintage Wine Estates, Inc.), First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. The Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. The Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. The Borrowers acknowledge that Agent’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 3 contracts

Sources: Loan Agreement (Conns Inc), Loan Agreement (Conns Inc), Loan and Security Agreement (Conns Inc)

Joint Enterprise. Each Borrower has requested that Agent and Lenders the Lender make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. The Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. The Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facilityRevolving Credit Facility, all to their mutual advantage. The Borrowers acknowledge that Agentthe Lender’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 2 contracts

Sources: Credit and Security Agreement (Inseego Corp.), Credit and Security Agreement (FreightCar America, Inc.)

Joint Enterprise. Each Borrower has requested that Agent and Lenders Lender make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers' business most efficiently and economically. Borrowers' business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers acknowledge that Agent’s and Lenders’ Lender's willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers' request.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Danimer Scientific, Inc.), Loan and Security Agreement (LIVE VENTURES Inc)

Joint Enterprise. Each Borrower has requested that Agent and Lenders Lender make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facilityLoans, all to their mutual advantage. Borrowers ▇▇▇▇▇▇▇▇▇ acknowledge that Agent▇▇▇▇▇▇’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 2 contracts

Sources: Note and Security Agreement (Hall of Fame Resort & Entertainment Co), Credit and Security Agreement (LIVE VENTURES Inc)

Joint Enterprise. Each Borrower has requested that Agent and Lenders the Lender make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. The Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. The Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. The Borrowers acknowledge that Agentthe Lender’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 2 contracts

Sources: Credit and Security Agreement (Katy Industries Inc), Credit and Security Agreement (Mfri Inc)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease the administration of the facilitytheir relationship with Lenders, all to their the mutual advantageadvantage of Borrowers. Borrowers acknowledge and agree that Agent’s and Lenders’ willingness to extend credit to Borrowers and to administer the Collateral on a combined basis hereunder basis, as set forth herein, is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 2 contracts

Sources: Loan and Security Agreement (Kemet Corp), Loan and Security Agreement (Multi Fineline Electronix Inc)

Joint Enterprise. Each Borrower has requested that the Agent and the Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation combination of their credit facility facilities will enhance the borrowing power of each Borrower and ease the administration of their relationship with credit providers (including the facilityAgent and the Lenders), all to their the mutual advantageadvantage of Borrowers. Borrowers acknowledge and agree that Agent’s Agent and Lenders’ willingness to extend credit to Borrowers and to administer the Collateral on a combined basis hereunder basis, as set forth herein, is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 2 contracts

Sources: Credit Agreement (Charah Solutions, Inc.), Credit Agreement (Charah Solutions, Inc.)

Joint Enterprise. Each Borrower has requested that Agent and the Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. The Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. The Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. The Borrowers acknowledge that Agentthe Lender’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 2 contracts

Sources: Second Lien Credit and Security Agreement (Katy Industries Inc), Second Lien Credit and Security Agreement (Katy Industries Inc)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility the Revolving Credit Facility available to Borrowers on a combined basis, in order to finance Borrowers' business most efficiently and economically. Borrowers' business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease the administration of the facilitytheir relationship with Lenders, all to their the mutual advantageadvantage of Borrowers. Borrowers acknowledge and agree that Agent’s 's and Lenders' willingness to extend credit to Borrowers and to administer the Collateral on a combined basis hereunder basis, as set forth herein, is done solely as an accommodation to Borrowers and at Borrowers' request.

Appears in 2 contracts

Sources: Credit Agreement (Covenant Transportation Group Inc), Credit Agreement (Covenant Transportation Group Inc)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers acknowledge that Agenteach Lender’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 2 contracts

Sources: Protective Advance Loan and Security Agreement (Kior Inc), Loan and Security Agreement (Kior Inc)

Joint Enterprise. Each Borrower has requested that Agent Agents and Lenders make this the credit facility established hereunder available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease the administration of the facilitytheir relationship with Lenders, all to their the mutual advantageadvantage of Borrowers. Borrowers acknowledge and agree that Agent’s Agents’ and Lenders’ willingness to extend credit to Borrowers and to administer the Collateral on a combined basis hereunder basis, as set forth herein, is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 1 contract

Sources: Loan Agreement (Superior Essex Inc)

Joint Enterprise. Each Borrower has requested that Agent and Lenders Lender make this credit facility the Loan available to Borrowers on a combined basis, in order to finance Borrowers' business most efficiently and economically. Borrowers' business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility the Loan will enhance the borrowing power of each Borrower and ease administration of the facilityLoan, all to their mutual advantage. Borrowers acknowledge that Agent’s and Lenders’ Lender's willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers' request.

Appears in 1 contract

Sources: Loan and Security Agreement (LIVE VENTURES Inc)

Joint Enterprise. Each Borrower has requested that Agent and Lenders Lender make this credit loan facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit loan facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers acknowledge that AgentLender’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 1 contract

Sources: Term Loan and Security Agreement (Blyth Inc)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility the Revolving Credit Facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease the administration of the facilitytheir relationship with Lenders, all to their the mutual advantageadvantage of Borrowers. Borrowers acknowledge and agree that Agent’s and Lenders’ willingness to extend credit to Borrowers and to administer the Collateral on a combined basis hereunder basis, as set forth herein, is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 1 contract

Sources: Credit Agreement (Covenant Logistics Group, Inc.)

Joint Enterprise. Each Borrower has requested that Agent and Lenders Bank make this credit facility available to Borrowers Borrower on a combined basis, in order to finance Borrowers’ Borrower’s business most efficiently and economically. Borrowers’ Borrower’s business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe ▇▇▇▇▇▇▇▇ believes that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facilityRevolving Loans and Term Loan, all to their mutual advantage. Borrowers acknowledge ▇▇▇▇▇▇▇▇ acknowledges that AgentBank’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers Borrower and at Borrowers’ ▇▇▇▇▇▇▇▇’s request.

Appears in 1 contract

Sources: Credit Agreement (Twin Disc Inc)

Joint Enterprise. Each Borrower has requested that Agent and Lenders Lender make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers acknowledge that AgentLender’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.. [SIC] A&R Loan, Security and Guaranty Agreement

Appears in 1 contract

Sources: Loan, Security and Guaranty Agreement (Select Interior Concepts, Inc.)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers' business most efficiently and economically. Borrowers' business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers ▇▇▇▇▇▇▇▇▇ acknowledge that Agent’s 's and Lenders’ ▇▇▇▇▇▇▇' willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers' request.. ​ ​ ​

Appears in 1 contract

Sources: Loan and Security Agreement (Adara Acquisition Corp.)

Joint Enterprise. Each Borrower has requested that Administrative Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease the administration of the facilitytheir relationship with Lenders, all to their the mutual advantageadvantage of Borrowers. Borrowers acknowledge and agree that Administrative Agent’s and Lenders’ willingness to extend credit to Borrowers and to administer the Collateral on a combined basis hereunder basis, as set forth herein, is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 1 contract

Sources: Loan and Security Agreement (Spectrum Brands, Inc.)

Joint Enterprise. Each Borrower has requested that Agent and Lenders Lender make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. The Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. The Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facilityLoans, all to their mutual advantage. Borrowers B▇▇▇▇▇▇▇▇ acknowledge that AgentL▇▇▇▇▇’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 1 contract

Sources: Credit and Security Agreement (Singing Machine Co Inc)

Joint Enterprise. Each Borrower has requested that Agent and Lenders Lender make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers acknowledge that AgentLender’s and Lenders’ willingness - 45 - to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 1 contract

Sources: Loan and Security Agreement (Blyth Inc)

Joint Enterprise. Each Borrower has requested that the Administrative Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers' business most efficiently and economically. Borrowers' business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease the administration of the facilitytheir relationship with Lenders, all to their the mutual advantageadvantage of Borrowers. Borrowers acknowledge and agree that the Administrative Agent’s 's and Lenders' willingness to extend credit to Borrowers and to administer the Collateral on a combined basis hereunder basis, as set forth herein, is done solely as an accommodation to Borrowers and at Borrowers' request.

Appears in 1 contract

Sources: Credit Agreement (Ames True Temper, Inc.)

Joint Enterprise. Each Borrower has requested that Administrative Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers ▇▇▇▇▇▇▇▇▇ acknowledge that Administrative Agent’s and Lenders▇▇▇▇▇▇▇’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 1 contract

Sources: Fourth Amendment to Amended and Restated Credit Agreement and First Amendment to Pledge and Security Agreement (e.l.f. Beauty, Inc.)

Joint Enterprise. Each Borrower has requested that Collateral Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers acknowledge that Collateral Agent’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 1 contract

Sources: Second Lien Credit Agreement (e.l.f. Beauty, Inc.)

Joint Enterprise. Each Borrower has requested that Agent and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers’ business is a mutual and collective enterprise, and the successful operation of each Borrower Obligor is dependent upon the successful performance of the integrated group. Borrowers believe that consolidation of their credit facility will enhance the borrowing power of each Borrower and ease administration of the facility, all to their mutual advantage. Borrowers acknowledge that Agent’s and Lenders’ willingness to extend credit and to administer the Collateral on a combined basis hereunder is done solely as an accommodation to Borrowers and at Borrowers’ request.

Appears in 1 contract

Sources: Subordination Agreement (Summer Infant, Inc.)