Common use of NEW SUBSIDIARY BORROWER Clause in Contracts

NEW SUBSIDIARY BORROWER. The New Subsidiary Borrower unconditionally and irrevocably accepts, adheres to, and becomes party to and bound as a "Subsidiary Borrower" under the Existing Credit Agreement, as fully if the New Subsidiary Borrower had been signatory to the Existing Credit Agreement as a "Subsidiary Borrower". In confirmation (but without limitation) of the foregoing, the New Subsidiary Borrower hereby unconditionally agrees to make prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on all obligations under the Revolving Credit Note to which it is the primary obligor and on all of the Guarantied Obligations.