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Common use of Nature of the Obligations Clause in Contracts

Nature of the Obligations. Each of the Obligations of the Grantor is indivisible.

Appears in 2 contracts

Sources: Abl Credit Agreement (Veritiv Corp), Abl Credit Agreement (Veritiv Corp)

Nature of the Obligations. Each of the Secured Obligations of the Grantor is indivisible.

Appears in 1 contract

Sources: Abl Credit Agreement (Veritiv Corp)

Related Clauses

  • Conditions of the Obligations of the Purchasers
  • Conditions to the Obligations of the Parties
  • Guaranty of the Obligations
  • Acceleration of the Obligations
  • Conditions of the Obligations of the Placement Agent

Parent Clauses

  • Miscellaneous
  • Limitation of Owner Trustee Liability
  • Amount and Terms of Loan
  • Miscellaneous Provisions
  • Guaranty

Sub-Clauses

  • Issue of Warrants
  • Events of Termination by the Managers
  • Events of Termination
  • Effective Term
  • Events of Termination by the Company
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