Common use of Amount of Revolving Loans Clause in Contracts

Amount of Revolving Loans. All Revolving Loans shall be made by the Lenders simultaneously in proportion to their respective Revolving Loan Commitments, it being understood that no Lender shall be responsible for any default by any other Lender in such other Lender's obligation to make a Revolving Loan hereunder nor shall any Revolving Loan Commitment of any Lender be increased or decreased as a result of a default by any other Lender in such other Lender's obligation to make a Revolving Loan hereunder.

Appears in 2 contracts

Sources: Credit Agreement (Calpine Corp), Credit Agreement (Delta Energy Center, LLC)