Lenders’ Commitments. Subject to the terms and conditions hereof, the Lenders agree to extend credit to the relevant Borrowers under the Credit Facility from time to time provided that the aggregate principal amount of credit extended by each Lender under the Credit Facility shall not at any time exceed the Individual Commitment of such Lender and further provided that the aggregate principal amount of credit outstanding under the Credit Facility shall not at any time exceed the amount of the Credit Limit. All credit requested under the Credit Facility shall be made available to the relevant Borrowers contemporaneously by all of the Lenders. Each Lender shall provide to the relevant Borrowers its Pro Rata Share of each credit, whether such credit is extended by way of drawdown, rollover or conversion. No Lender shall be responsible for any default by any other Lender in its obligation to provide its Pro Rata Share of any credit nor shall the Individual Commitment of any Lender be increased as a result of any such default of another Lender in extending credit under the Credit Facility. The failure of any Lender to make available to the relevant Borrowers its Pro Rata Share of any credit under the Credit Facility shall not relieve any other Lender of its obligation hereunder to make available to the relevant Borrowers its Pro Rata Share of such credit.
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Lenders’ Commitments. Subject to the terms and conditions hereof, the Lenders severally agree to extend credit to the relevant Borrowers Borrower under the each Credit Facility from time to time provided that the aggregate principal amount of credit extended by each Lender under the either Credit Facility shall not at any time exceed the Individual Commitment of such Lender under such Credit Facility and further provided that the aggregate principal amount of credit outstanding under the such Credit Facility shall not at any time exceed the amount of the such Credit LimitFacility. All credit requested under the a particular Credit Facility shall be made available to the relevant Borrowers Borrower contemporaneously by all of the Lenders. Each Lender shall provide to the relevant Borrowers Borrower its Pro Rata Share of each credit, whether such credit is extended by way of drawdown, rollover or conversion. No Lender shall be responsible for any default by any other Lender in its obligation to provide its Pro Rata Share of any credit under a particular Credit Facility nor shall the Individual Commitment of any Lender be increased as a result of any such default of another Lender in extending credit under the such Credit Facility. The failure of any Lender to make available to the relevant Borrowers Borrower its Pro Rata Share of any credit under the a particular Credit Facility shall not relieve any other Lender of its obligation hereunder to make available to the relevant Borrowers Borrower its Pro Rata Share of such creditcredit under such Credit Facility. For certainty, all obligations of each Lender hereunder are its several obligations.
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Sources: Credit Agreement (Yamana Gold Inc)
Lenders’ Commitments. Subject to the terms and conditions hereof, the Lenders agree to extend credit to the relevant Borrowers under the Credit Facility from time to time provided that the aggregate principal amount of credit extended by each Lender under the Credit Facility shall not at any time exceed the Individual Commitment of such Lender and further provided that the aggregate principal amount of credit outstanding under the Credit Facility shall not at any time exceed the amount of the Credit Limit. All credit requested under the Credit Facility shall be made available to the relevant Borrowers contemporaneously by all of the Lenders. Each Lender shall provide to the relevant Borrowers its Pro Rata Share of each credit, whether such credit is extended by way of drawdown, rollover or conversion. No Lender shall be responsible for any default by any other Lender in its obligation to provide its Pro Rata Share of any credit nor shall the Individual Commitment of any Lender be increased as a result of any such default of another Lender in extending credit under the Credit Facility. The failure of any Lender to make available to the relevant Borrowers its Pro Rata Share of any credit under the Credit Facility shall not relieve any other Lender of its obligation hereunder to make available to the relevant Borrowers its Pro Rata Share of such credit.
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Lenders’ Commitments. Subject to the terms and conditions hereof, the Lenders agree to extend credit to the relevant Borrowers Borrower under the Credit Facility from time to time provided that the aggregate principal amount of credit extended by each Lender under the Credit Facility shall not at any time exceed the Individual Commitment of such Lender and further provided that the aggregate principal amount of credit outstanding under the Credit Facility shall not at any time exceed the amount of the Credit Limit. All credit requested under the Credit Facility shall be made available to the relevant Borrowers Borrower contemporaneously by all of the Lenders. Each Lender shall provide to the relevant Borrowers Borrower its Pro Rata Share of each credit, whether such credit is extended by way of drawdown, rollover or conversion. No Lender shall be responsible for any default by any other Lender in its obligation to provide its Pro Rata Share of any credit nor shall the Individual Commitment of any Lender be increased as a result of any such default of another Lender in extending credit under the Credit Facility. The failure of any Lender to make available to the relevant Borrowers Borrower its Pro Rata Share of any credit under the Credit Facility shall not relieve any other Lender of its obligation hereunder to make available to the relevant Borrowers Borrower its Pro Rata Share of such credit.
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Lenders’ Commitments. Subject to the terms and conditions hereof, the Lenders agree to extend credit to the relevant Borrowers under the relevant Credit Facility from time to time provided that the aggregate principal amount of credit extended by each Lender under the such Credit Facility shall not at any time exceed the Individual Commitment of such Lender and further provided that the aggregate principal amount of credit outstanding under the such Credit Facility shall not at any time exceed the amount of the relevant Credit Limit. All credit requested under the a Credit Facility shall be made available to the relevant Borrowers contemporaneously by all of the Lenders. Each Lender shall provide to the relevant Borrowers its Pro Rata Share of each credit, whether such credit is extended by way of drawdown, rollover or conversion. No Lender shall be responsible for any default by any other Lender in its obligation to provide its Pro Rata Share of any credit nor shall the Individual Commitment of any Lender be increased as a result of any such default of another Lender in extending credit under the Credit Facility. The failure of any Lender to make available to the relevant Borrowers its Pro Rata Share of any credit under the a Credit Facility shall not relieve any other Lender of its obligation hereunder to make available to the relevant Borrowers its Pro Rata Share of such credit.. At all times that two Credit Facilities exist hereunder, each Lender shall maintain Individual Commitments under each of the NRT Facility and the RT Facility in accordance with its Pro Rata Share. 286042.00064/106711224.9 Credit Agreement - Equinox
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Lenders’ Commitments. Subject to the terms and conditions hereof, the Lenders severally agree to extend credit to the relevant Borrowers under the Credit Facility from time to time provided that the aggregate principal amount of credit extended by each Lender under the Credit Facility shall not at any time exceed the Individual Commitment of such Lender and further provided that the aggregate principal amount of credit outstanding under the Credit Facility shall not at any time exceed the amount of the Credit LimitFacility. All credit requested under the Credit Facility shall be made available to the relevant Borrowers contemporaneously by all of the Lenders. Each Lender shall provide to the relevant Borrowers its Pro Rata Share of each credit, whether such credit is extended by way of drawdown, rollover or conversion. No Lender shall be responsible for any default by any other Lender in its obligation to provide its Pro Rata Share of any credit under the Credit Facility nor shall the Individual Commitment of any Lender be increased as a result of any such default of another Lender in extending credit under the Credit Facility. The failure of any Lender to make available to the relevant Borrowers its Pro Rata Share of any credit under the Credit Facility shall not relieve any other Lender of its obligation hereunder to make available to the relevant Borrowers its Pro Rata Share of such credit.credit under the Credit Facility.
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Sources: Revolving Facility Credit Agreement (Royal Gold Inc)