Obligations of Each Lender Sample Clauses

Obligations of Each Lender. Relying on each of the representations and warranties set out in Article 2 and subject to the terms and conditions of this Agreement, each Lender hereby severally agrees to make Accommodations available to the Borrower up to the amount of its Commitment for the purposes set forth in Section 3.2, provided that at no time shall the Equivalent Amount in Canadian Dollars of the Borrowings outstanding hereunder exceed the Total Commitment. Accommodations shall be available from each Lender from and after the Effective Date until the earlier of the Maturity Date of such Lender and the day on which an Event of Default occurs, and shall be available by way of:
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Obligations of Each Lender. Relying on each of the representations and warranties set out in Article 2 and subject to the terms and conditions of this Agreement, each Lender agrees to make Accommodations available to the Borrower up to the amount of its Commitment commencing on the date of this Agreement and ending on the Maturity Date of each such Lender, by way of:
Sample 1Sample 2
Obligations of Each Lender. Relying on each of the representations and warranties set out in Article 2 and subject to the terms and conditions of this Agreement, each Lender agrees to make Accommodations available to the Borrower up to the amount of its Commitment, in each case commencing on the Effective Date and ending on the Maturity Date or sooner as herein provided, by way of the advance of Loans by each such Lender. The Credit Facility is a non-revolving credit facility and Borrowings may not be repaid and reborrowed, provided that the Borrower may effect Conversions and Rollovers thereunder as provided for herein. The Credit Facility may be availed in up to four separate advances, provided that the initial advance thereunder must be made on or before October 6, 2004 failing which the Credit Facility shall be automatically terminated. If the initial advance under the Credit Facility is made on or before October 6, 2004, the undrawn portion of the Total Commitment will be automatically cancelled at 4:00 p.m. (Chicago time) on the 120th day after the initial advance is made under the Credit Facility. A Lender shall not have any obligation to make any Loans at any time if, after giving effect thereto, the Borrowings from such Lender would exceed the Commitment of such Lender.
Sample 1
Obligations of Each Lender. It shall be a condition precedent to the obligation of the Company to register any Shares pursuant to this Section 4 that each Lender shall furnish to the Company such information regarding the Shares held and the intended method of disposition thereof and any other information concerning the Lender as the Company shall reasonably request and as shall be required in connection with the registration statement to be filed by the Company. If after a registration statement becomes effective the Company advises the Lenders that the Company considers it appropriate to amend or supplement the applicable registration statement, each Lender shall suspend further sales of the Shares until the Company advises such Lender that such registration statement has been amended or supplemented.
Sample 1
Obligations of Each Lender. Relying on each of the representations and warranties set forth in Article II, and on the condition that no Event of Default has occurred and has remain unremedied in accordance with this Agreement, and on the further condition that the Borrower has fulfilled its covenants and obligations under this Agreement, and subject to the terms and conditions of this Agreement, each of the Lenders, not solidarily but jointly, agrees to make available to the Borrower at any time and from time to time on and after the date hereof and prior to the Maturity Date, either by way of Prime Rate Loans, Base Rate Loans, LIBOR Loans or Bankers' Acceptances, or any combination thereof, its Pro Rata Share of an amount equal to the lesser of:
Sample 1
Obligations of Each Lender. (a) Obligations of each Lender: Relying on each of the representations and warranties set out in Article 2 and subject to the terms and conditions of this Agreement, each Lender hereby severally agrees to make Accommodations available to the Borrower up to the amount of its Commitment for the purposes set forth in Section 3.2, provided that at no time shall the Equivalent Amount in Canadian Dollars of the Borrowings outstanding hereunder exceed the Total Commitment. Accommodations shall be available from each Lender by way of:
Sample 1
Obligations of Each Lender. Relying on each of the representations and warranties set out in Section 2.1, and subject to the terms and conditions of this Agreement, each Lender agrees to make revolving loans available to the Borrower up to the amount of its Commitment commencing on the date of this Agreement and ending on the Revolving Termination Date of such Lender by way of the advance of Loans by each such Lender. This is a revolving credit facility and prior to the Revolving Termination Date of each Lender, the Borrower may increase or decrease Borrowings from each such Lender by obtaining Loans and by making repayments in respect thereof. Within the limits of each Lender’s Commitment, prior to the Revolving Termination Date of such Lender, the Borrower may increase or decrease Borrowings from each such Lender by obtaining Loans and by making repayments in respect thereof. No Lender shall have any obligation to make any Borrowing available if, after giving effect thereto, the Total Exposure of such Lender would exceed the Commitment of such Lender.
Sample 1
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Related to Obligations of Each Lender

  • OBLIGATIONS OF EACH HOLDER In connection with the registration of Registrable Securities pursuant to a Registration Statement, each Holder shall:

  • Obligations of the Lenders Several The obligations of the Lenders hereunder to make Loans, to fund participations in Letters of Credit and to make payments pursuant to Section 9.07 are several and not joint. The failure of any Lender to make any Loan or to fund any such participation or to make any payment under Section 9.07 on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or, to fund its participation or to make its payment under Section 9.07.

  • Obligations of Lenders Each Loan shall be made as part of a Borrowing consisting of Loans of the same Type made by the Lenders ratably in accordance with their respective Commitments. The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required.

  • Obligations of Lenders Several The obligations of the Lenders hereunder to make Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Loan, to fund any such participation or to make any payment under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan, to purchase its participation or to make its payment under Section 11.04(c).

  • OBLIGATIONS OF BORROWER Until payment in full of all Loan Facility Obligations and termination of the Loan Documents, Borrower agrees as follows:

  • CONDITIONS OF EACH EXTENSION OF CREDIT The obligation of Bank to make each extension of credit requested by Borrower hereunder shall be subject to the fulfillment to Bank's satisfaction of each of the following conditions:

  • Obligations of the Borrower 13 Section 3.01.

  • Conditions to the Obligations of Each Party The obligations of the Company, Parent and Merger Subsidiary to consummate the Merger are subject to the satisfaction of the following conditions:

  • Conditions to Obligations of Each Party The respective obligations of each Party to perform this Agreement and consummate the Merger and the other transactions contemplated hereby are subject to the satisfaction of the following conditions, unless waived by both Parties pursuant to Section 10.6:

  • Reimbursement Obligations of the Borrower The Borrower agrees to pay to the L/C Issuer of any Letter of Credit each L/C Reimbursement Obligation owing with respect to such Letter of Credit no later than the first Business Day after the Borrower receives notice from such L/C Issuer that payment has been made under such Letter of Credit or that such L/C Reimbursement Obligation is otherwise due (the “L/C Reimbursement Date”) with interest thereon computed as set forth in clause (i) below. In the event that any L/C Issuer incurs any L/C Reimbursement Obligation not repaid by the Borrower as provided in this clause (e) (or any such payment by the Borrower is rescinded or set aside for any reason), such L/C Issuer shall promptly notify the Administrative Agent of such failure (and, upon receipt of such notice, the Administrative Agent shall forward a copy to each Revolving Credit Lender) and, irrespective of whether such notice is given, such L/C Reimbursement Obligation shall be payable on demand by the Borrower with interest thereon computed (i) from the date on which such L/C Reimbursement Obligation arose to the L/C Reimbursement Date, at the interest rate applicable during such period to Revolving Loans that are Base Rate Loans and (ii) thereafter until payment in full, at the interest rate applicable during such period to past due Revolving Loans that are Base Rate Loans.

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