Common use of Lenders’ Obligations Several Clause in Contracts

Lenders’ Obligations Several. The obligation of each Lender hereunder is several. The failure of any Lender to make available its Ratable Portion of any borrowing shall not relieve any other Lender of its obligation hereunder to do so on the date requested, but no Lender shall be responsible for the failure of any other Lender to make available the Ratable Portion to be funded by such other Lender.

Appears in 7 contracts

Samples: Credit Agreement (Columbia Sportswear Co), Credit Agreement (Monaco Coach Corp /De/), Credit Agreement (Monaco Coach Corp /De/)

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Lenders’ Obligations Several. The obligation of each Lender hereunder is several. The failure of any Lender to make available its Ratable Portion Proportionate Share of any borrowing shall not relieve any other Lender of its obligation hereunder to do so on the date requested, but no Lender shall be responsible for the failure of any other Lender to make available the Ratable Portion Proportionate Share to be funded by such other Lender.

Appears in 5 contracts

Samples: Credit Agreement (Axt Inc), Credit Agreement (Copart Inc), Credit Agreement (Axt Inc)

Lenders’ Obligations Several. The obligation of each Lender hereunder is several. The failure of any Lender to make available its Ratable Portion Commitment Percentage of any borrowing shall not relieve any other Lender of its obligation hereunder to do so on the date requested, but no Lender shall be responsible for the failure of any other Lender to make available the Ratable Portion Commitment Percentage to be funded by such other Lender.

Appears in 3 contracts

Samples: Credit Agreement (Columbia Sportswear Co), Credit Agreement (Columbia Sportswear Co), Credit Agreement (Columbia Sportswear Co)

Lenders’ Obligations Several. The obligation of each Lender hereunder is several. The failure of any Lender to make available its Ratable Portion of any borrowing shall not relieve any other Lender of its obligation hereunder to do so on the date requested, but no CREDIT AGREEMENT PAGE 22 Lender shall be responsible for the failure of any other Lender to make available the Ratable Portion to be funded by such other Lender.

Appears in 1 contract

Samples: Credit Agreement (Columbia Sportswear Co)

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Lenders’ Obligations Several. The obligation of each Lender hereunder ---------------------------- is several. The failure of any Lender to make available its Ratable Portion of any borrowing shall not relieve any other Lender of its obligation hereunder to do so on the date requested, but no Lender shall be responsible for the failure of any other Lender to make available the Ratable Portion to be funded by such other Lender.

Appears in 1 contract

Samples: Credit Agreement (Planar Systems Inc)

Lenders’ Obligations Several. The obligation of each ---------------------------- Lender hereunder is several. The failure of any Lender to make available its Ratable Portion Percentage Interest of any borrowing shall will not relieve any other Lender of its obligation hereunder to do so on the date requested, but no Lender shall will be responsible for the failure of any other Lender to make available the Ratable Portion Percentage Interest to be funded by such other Lender.

Appears in 1 contract

Samples: Credit Agreement (Ch2m Hill Companies LTD)

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