Common use of Failure to Make Advances Clause in Contracts

Failure to Make Advances. The failure of any Lender to make the Advance to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation, if any, hereunder to make its Advance on the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Advance to be made by such other Lender on the date of any Borrowing.

Appears in 15 contracts

Samples: Day Credit Agreement (Stanley Black & Decker, Inc.), Credit Agreement (Stanley Black & Decker, Inc.), Day Credit Agreement (Stanley Black & Decker, Inc.)

AutoNDA by SimpleDocs

Failure to Make Advances. The failure of any Lender to make the Committed Advance to be made by it as part of any Committed Borrowing shall not relieve any other Lender of its obligation, if any, hereunder to make its Committed Advance on the date of such Committed Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Committed Advance to be made by such other Lender on the date of any Committed Borrowing.

Appears in 11 contracts

Samples: Credit Agreement (Stanley Works), Credit Agreement (Stanley Works), Credit Agreement (Stanley Works)

AutoNDA by SimpleDocs

Failure to Make Advances. The failure of any Lender to make the ------------------------ Advance to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation, if any, hereunder to make its Advance on the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Advance to be made by such other Lender on the date of any Borrowing.

Appears in 3 contracts

Samples: Credit Agreement (Fox Television Stations Inc /De/), Credit Agreement (Fox Kids Worldwide Inc), Credit Agreement (Fox Television Stations Inc /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.