Common use of Lenders’ Obligations Several Clause in Contracts

Lenders’ Obligations Several. The failure of any Lender to make the Loan to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation hereunder to make its Loan as part of such Borrowing, but no Lender shall be obligated in any way to make any Loan which another Lender has failed or refused to make or otherwise be in any way responsible for the failure or refusal of any other Lender to make any Loan required to be made by such other Lender.

Appears in 12 contracts

Samples: Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD)

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Lenders’ Obligations Several. The failure of any Lender to make the Loan to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation hereunder to make its Loan as part of such Borrowing, but no Lender shall be obligated in any way to make any Loan which another Lender has failed or refused to make or otherwise be in any way responsible for the failure or refusal of any other Lender to make any Loan required to be made by such other LenderLender on the date of any Borrowing.

Appears in 5 contracts

Samples: Credit Agreement (Adobe Systems Inc), Credit Agreement (Veritas Software Corp /De/), Credit Agreement (Silicon Valley Group Inc)

Lenders’ Obligations Several. The failure of any Lender to make the Loan to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation hereunder to make its Loan as part on the date of such Borrowing, but no Lender shall be obligated in any way to make any Loan which another Lender has failed or refused to make or otherwise be in any way responsible for the failure or refusal of any other Lender to make any Loan required to be made by such other LenderLender on the date of any Borrowing.

Appears in 3 contracts

Samples: Credit Agreement (Adac Laboratories), Credit Agreement (Adac Laboratories), Credit Agreement (Novellus Systems Inc)

Lenders’ Obligations Several. The failure of any Lender to make the Loan to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation hereunder to make its Loan as part on the date of such Borrowing, but no Lender shall be obligated in any way to make any Loan which another Lender has failed or refused to make or otherwise be in any way responsible for the failure or refusal of any other Lender to make any the Loan required to be made by such other LenderLender on the date of any Borrowing.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Lam Research Corp), Credit Agreement (Lam Research Corp)

Lenders’ Obligations Several. The failure of any Lender to make the a Loan to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation hereunder to make its Loan as part of such Borrowing, but no Lender shall be obligated in any way to make any Loan which another Lender has failed or refused to make or otherwise be in any way responsible for the failure or refusal of any other Lender to make any Loan required to be made by such other Lender.

Appears in 2 contracts

Samples: Assignment Agreement (Lsi Logic Corp), Credit Agreement (Lsi Logic Corp)

Lenders’ Obligations Several. The failure of any Lender to ---------------------------- make the Loan to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation hereunder to make its Loan as part on the date of such Borrowing, but no Lender shall be obligated in any way to make any Loan which another Lender has failed or refused to make or otherwise be in any way responsible for the failure or refusal of any other Lender to make any Loan required to be made by such other LenderLender on the date of any Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Acuson Corp), Credit Agreement (Acuson Corp)

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Lenders’ Obligations Several. The failure of any Lender to make the Loan to be made by it as part of any either Borrowing shall not relieve any other Lender of its obligation hereunder to make its Loan as part of such Borrowing, but no Lender shall be obligated in any way to make any Loan which another Lender has failed or refused to make or otherwise be in any way responsible for the failure or refusal of any other Lender to make any Loan required to be made by such other Lender.

Appears in 1 contract

Samples: Credit Agreement (Nu Skin Asia Pacific Inc)

Lenders’ Obligations Several. The failure of any Lender to make the Loan to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation obligation, if any, hereunder to make its Loan as part on the date of such Borrowing, but no Lender shall be obligated in any way to make any Loan which another Lender has failed or refused to make or otherwise be in any way responsible for the failure or refusal of any other Lender to make any the Loan required to be made by such other LenderLender on the date of any Borrowing. Section 2.03.

Appears in 1 contract

Samples: Revolving Credit Agreement (FMR Corp)

Lenders’ Obligations Several. The failure of any Lender to make ---------------------------- the Loan to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation hereunder to make its Loan as part on the date of such Borrowing, but no Lender shall be obligated in any way to make any Loan which another Lender has failed or refused to make or otherwise be in any way responsible for the failure or refusal of any other Lender to make any Loan required to be made by such other LenderLender on the date of any Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Acuson Corp)

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