Remedies. Each of the Borrower and the Co-Borrower agrees that, as between them, in their capacity as co-obligors with joint and several liability, and the [[Organization A:Organization]], the obligations of either of them under this Agreement may be declared to be forthwith due and payable as provided in [Article VII] hereof (and shall be deemed to have become automatically due and payable in the circumstances provided in said [Article VII]) for purposes of paragraph # above notwithstanding any stay, injunction or other prohibition preventing such declaration (or preventing such obligations from becoming automatically due and payable) as against either of them and that, in the event of such declaration (or such obligations being deemed to have become automatically due and payable), such obligations (whether or not due and payable by one of them) shall forthwith become due and payable by the other, in its capacity as obligor or co-obligor, as applicable, for purposes of such paragraph (a).
Remedies. Each. The Guarantors jointly and severally agree that, as between the Guarantors and the [[Organization B:Organization]], the Obligations of the Borrower and the Co-Borrower agrees that, as between them, in their capacity as co-obligors with joint and several liability, and the [[Organization A:Organization]], the obligations of either of them under this Agreement and other Loan Documents may be declared to be forthwith due and payable as provided in [Article VII] hereofArticle VIII (and shall be deemed to have become automatically due and payable in the circumstances provided in said [Article VII])Article VIII) for purposes of paragraph # above[Section 7.01], notwithstanding any stay, injunction or other prohibition preventing such declaration (or preventing such obligations from becoming automatically due and payable) as against either of themBorrower and that, in the event of such declaration (or such obligationsObligations being deemed to have become automatically due and payable), such obligationsObligations (whether or not due and payable by one of them)Borrower) shall forthwith become due and payable by the other, in its capacity as obligor or co-obligor, as applicable,Guarantors for purposes of such paragraph (a)[Section 7.01].
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