Common use of Lender’s Responsibilities Clause in Contracts

Lender’s Responsibilities. No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder, and each Lender shall be obligated to make only such Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its Commitment hereunder.

Appears in 13 contracts

Samples: Credit Agreement (Maverick Tube Corporation), Credit Agreement (Sterling Chemical Inc), Credit Agreement (Sterling Chemical Inc)

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Lender’s Responsibilities. No Lender shall be responsible for any ------------------------- default by any other Lender in its obligation to make Loans hereunder, and each Lender shall be obligated to make only such the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its Commitment hereunder.

Appears in 4 contracts

Samples: Credit Agreement (Pure Resources Inc), Credit Agreement (Titan Exploration Inc), Credit Agreement (Pure Resources Inc)

Lender’s Responsibilities. No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder, and each Lender shall be obligated to make only such the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its Commitment hereunder.

Appears in 3 contracts

Samples: Credit Agreement (New Stat Healthcare Inc), Credit Agreement (Puretec Corp), Credit Agreement (Titan Exploration Inc)

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Lender’s Responsibilities. No Lender shall be responsible for any default by any other Lender in its obligation to make Revolving Credit Loans hereunder, and each Lender shall be obligated to make only such Revolving Credit Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its Revolving Credit Commitment hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Aventine Renewable Energy Holdings Inc), Credit Agreement (Aventine Renewable Energy Holdings Inc), Credit Agreement (Aventine Renewable Energy Holdings Inc)

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