Common use of Multiple Borrowers Clause in Contracts

Multiple Borrowers. If more than one Person is named herein as the Borrower, all obligations, representations and covenants herein and in other Loan Documents to which the Borrower is a party shall be joint and several.

Appears in 10 contracts

Sources: Acquisition Facility and Revolving Credit Facility Agreement (Continucare Corp), Credit and Security Agreement (Prestige Cosmetics Corp), Share Purchase Agreement (Welty W R)

Multiple Borrowers. If more than one Person is named herein as the Borrower, all obligations, representations and covenants herein and in other Loan Documents to which the Borrower is a party shall be joint and several.

Appears in 2 contracts

Sources: Credit Agreement (Avatar Holdings Inc), Credit Agreement (Avatar Holdings Inc)

Multiple Borrowers. If more than one Person is named herein as the Borrower, then all obligations, representations and covenants herein in this Agreement and in other Loan Documents to which the Borrower is a party shall be joint and several.

Appears in 1 contract

Sources: Credit Agreement (Comstock Homebuilding Companies, Inc.)

Multiple Borrowers. If more than one Person is named herein ------------------ as the Borrower, all obligations, representations and covenants herein and in other Loan Documents to which the Borrower is a party shall be joint and several.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Pra International Inc)