Common use of Commitments Several Clause in Contracts

Commitments Several. The failure of any Bank to make its Loan on the Closing Date shall not relieve any other Bank of its obligation (if any) to make its Loan on such date, but no Bank shall be responsible for the failure of any other Bank to make the Loan to be made by such other Bank.

Appears in 2 contracts

Sources: First Amendment and Waiver (Regal Beloit Corp), Term Loan Agreement (Regal Beloit Corp)

Commitments Several. The failure of any Bank to make its a requested Revolving Loan on the Closing Date any date shall not relieve any other Bank of its obligation (if any) to make its a Revolving Loan on such date, but no Bank shall be responsible for the failure of any other Bank to make the any Revolving Loan to be made by such other Bank.

Appears in 1 contract

Sources: Credit Agreement (Loews Cineplex Entertainment Corp)

Commitments Several. The failure of any Bank to make its a requested ------------------- Loan on the Closing Date any date shall not relieve any other Bank of its any obligation (if any) to make its a Loan on such date, but no Bank shall be responsible for the failure of any other Bank to make the any Loan to be made by such other Bank.

Appears in 1 contract

Sources: Credit Agreement (United Rentals North America Inc)

Commitments Several. The failure of any Bank to make its Loan on at the Loan Closing Date shall not relieve any other Bank of its obligation (if any) to make its a Loan on such date, but no Bank shall be responsible for the failure of any other Bank to make the any Loan to be made by such other Bank.

Appears in 1 contract

Sources: Loan Agreement (Agree Realty Corp)

Commitments Several. The failure of any Bank to make its a requested Loan ------------------- on the Closing Date any date shall not relieve any other Bank of its obligation (if any) to make its a Loan on such date, but no Bank shall be responsible for the failure of any other Bank to make the any Loan to be made by such other Bank.

Appears in 1 contract

Sources: Credit Agreement (United Road Services Inc)