Common use of No Release Clause in Contracts

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.3.

Appears in 33 contracts

Samples: Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Mc Shipping Inc), Facility Agreement (Aegean Marine Petroleum Network Inc.)

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No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 13.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.313.2.

Appears in 9 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Agreement (DryShips Inc.), Loan Agreement (Diana Shipping Inc.)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 17.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.317.2.

Appears in 8 contracts

Samples: Loan Agreement (Cordiant Communications Group PLC /Adr), Supplemental Agreement (Global Telesystems Inc), Agreement (Global Telesystems Inc)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 15.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.315.2.

Appears in 6 contracts

Samples: Facilities Agreement (Avecia Group PLC), Facilities Agreement (Texas Utilities Electric Co), Facilities Agreement (Premier Foods PLC)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 16.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.316.2.

Appears in 6 contracts

Samples: Loan Agreement (Telewest Communications PLC /New/), Supplemental Agreement (United Pan Europe Communications Nv), Supplemental Agreement (United Pan Europe Communications Nv)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 Clause 22.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.3Clause 22.2.

Appears in 3 contracts

Samples: Agreement (Stena Ab), Agreement (Stena Ab), Facility Agreement (Stena Ab)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 14.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.314.2.

Appears in 2 contracts

Samples: Agreement (QGOG Constellation S.A.), Agreement (Premier Foods PLC)

No Release. For the avoidance of doubt it is hereby declared that doubt, any failure by any Recovering Bank to comply with the provisions of clause 13.3 14.1 shall not release any other Recovering Bank from any of its obligations or and liabilities under clause 13.314.1.

Appears in 2 contracts

Samples: Facility Agreement (Stolt Offshore S A), Agreement (Aurelia Energy N V)

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No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 15.2 (Pro-rata payments) shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.315.2 (Pro-rata payments).

Appears in 2 contracts

Samples: Facilities Agreement (Texas Utilities Electric Co), Facilities Agreement (Txu Europe LTD)

No Release. 49 For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.3.

Appears in 1 contract

Samples: Seanergy Maritime Holdings Corp.

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 17.4 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.317.4.

Appears in 1 contract

Samples: Versatel Telecom International N V

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 Clause 18.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.3Clause 18.2.

Appears in 1 contract

Samples: Facility Agreement (Stena Ab)

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