Common use of Subsidiary Collateral Clause in Contracts

Subsidiary Collateral. Simultaneous herewith, the Subsidiary ---------------------- Borrowers are delivering the following: (a) the Subsidiary Borrower Revolving Credit Note, (b) a guaranty of the Obligations of Borrower, and (c) security agreements pledging certain assets.

Subsidiary Collateral. Simultaneous herewith, the Subsidiary ---------------------- Borrowers are delivering the following: : (a) the Subsidiary Borrower Revolving Credit Note, (b) a guaranty of the Obligations of Borrower, and (c) security agreements pledging certain assets.