Nature of Obligations Under This Agreement. (1) The obligations of each Lender and of the Agent under this Agreement are several and not joint and several. The failure of any Lender to carry out its obligations hereunder will not relieve the other Lenders, the Agent or the Borrowers of any of their respective obligations hereunder.
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Samples: Credit Agreement (Just Energy Group Inc.), Credit Agreement (Just Energy Group Inc.), Credit Agreement (Just Energy Group Inc.)
Nature of Obligations Under This Agreement. (1) The obligations of each Lender and of the Agent under this Agreement are several and not joint and several. The failure of any Lender to carry out its obligations hereunder will not relieve the other Lenders, the Agent or the Borrowers Borrower of any of their respective obligations hereunder.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Just Energy Group Inc.)
Nature of Obligations Under This Agreement. (1) The obligations of each Lender and of the Agent under this Agreement are several and not joint and several. The failure of any Lender to carry out its obligations hereunder will not relieve the other Lenders, the Agent or the Borrowers of any of their respective obligations hereunder.not
Appears in 2 contracts
Samples: Loan Agreement (Just Energy Group Inc.), Loan Agreement (Just Energy Group Inc.)
Nature of Obligations Under This Agreement. (1) The obligations of each Lender and of the Agent under this Agreement are several and not joint and several. The failure of any Lender to carry out its obligations hereunder will shall not relieve the other Lenders, the Agent or the Borrowers Borrower of any of their respective obligations hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Sierra Wireless Inc), Assignment and Assumption (Nordion Inc.)
Nature of Obligations Under This Agreement. (1) The obligations of each Lender and of the Agent under this Agreement are several and not joint and several. The failure of any Lender to carry out its obligations hereunder will shall not relieve the other Lenders, the Agent or the Borrowers of any of their respective obligations hereunder. Neither the entering into of this Agreement nor the completion of any transactions contemplated herein shall constitute the Lenders a partnership.
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Nature of Obligations Under This Agreement. (1a) The obligations of each Lender and of the Agent under this Agreement are several and not joint and several. The failure of any Lender to carry out its obligations hereunder will shall not relieve the other Lenders, the Agent or the Borrowers Borrower of any of their respective obligations hereunder. Neither the entering into of this Agreement nor the completion of any transactions contemplated herein shall constitute the Lenders a partnership. (b) Neither the Agent nor any Lender shall be responsible for the obligations of any other Lender hereunder. 2.
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Nature of Obligations Under This Agreement. (1) The obligations of each Lender and of the Agent under this Agreement are several and not joint and several. The failure of any Lender to carry out its obligations hereunder will shall not relieve the other Lenders, the Agent or the Borrowers Borrower of any of their respective obligations hereunder. Neither the entering into of this Agreement nor the completion of any transactions contemplated herein shall constitute the Lenders a partnership.
Appears in 1 contract
Nature of Obligations Under This Agreement. (1) The obligations of each Lender and of the Agent under this Agreement are several and not joint and several. The failure of any Lender to carry out its obligations hereunder will shall not relieve the other Lenders, the Agent or the Borrowers Borrower of any of their respective obligations hereunder.. 63
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