Common use of Lender’s Rights and Obligations Clause in Contracts

Lender’s Rights and Obligations. (a) The obligations of each Lender under the Finance Documents are several. Failure by a Lender to perform its obligations under the Finance Documents does not affect the obligations of any other Party under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.

Appears in 25 contracts

Samples: Facility Agreement (Innospec Inc.), Credit Agreement (Abb LTD), Facility Agreement (Coca-Cola HBC AG)

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Lender’s Rights and Obligations. (a) 2.2.1 The obligations of each Lender under the Finance Documents are several. Failure by a Lender to perform its obligations under the Finance Documents does not affect the obligations of any other Party under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.

Appears in 6 contracts

Samples: Facilities Agreement (Inveresk Research Group LTD), Agreement (Aramex International LTD), Facilities Agreement (Inveresk Research Group Inc)

Lender’s Rights and Obligations. (a) The obligations of each Lender under the Finance Financing Documents are severalseveral (conjointes et non solidaires). Failure by a Lender to perform its obligations under the Finance Financing Documents does not affect the obligations of any other Party under the Finance Financing Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Financing Documents.

Appears in 3 contracts

Samples: www.sec.gov, Credit Agreement (France Telecom /), Credit Agreement (France Telecom /)

Lender’s Rights and Obligations. (a) 1.1 The obligations of each Lender under the Finance Documents are several. Failure by a Lender to perform its obligations under the Finance Documents does not affect the obligations of any other Party under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.

Appears in 1 contract

Samples: Misys PLC

Lender’s Rights and Obligations. (a) The obligations of each Lender under the Finance Financing Documents are several. Failure by a Lender to perform its obligations under the Finance Financing Documents does not affect the obligations of any other Party under the Finance Financing Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Financing Documents.

Appears in 1 contract

Samples: Credit Agreement (France Telecom /)

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Lender’s Rights and Obligations. (a) 2.2.1 The obligations of each Lender under the Finance Loan Documents are several. Failure by a Lender to perform its obligations under the Finance Loan Documents does not affect the obligations of any other Finance Party under the Finance Loan Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Loan Documents.

Appears in 1 contract

Samples: Facility Agreement (Atlas Air Worldwide Holdings Inc)

Lender’s Rights and Obligations. (a) The obligations of each Lender Finance Party under the Finance Documents are several. Failure by a Lender Finance Party to perform its obligations under the Finance Documents does not affect the obligations of any other Party under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.

Appears in 1 contract

Samples: Agreement (Misys PLC)

Lender’s Rights and Obligations. (a) The obligations of each Lender under the Finance Documents are several. Failure by a Lender to perform its obligations under the Finance Documents does not affect the obligations of any other Party party under the Finance Documents. No Finance Party Lender is responsible for the obligations of any other Finance Party Lender under the Finance Documents.

Appears in 1 contract

Samples: Facility Agreement (GAN LTD)

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