Obligations of Committed Lenders Several Sample Clauses

Obligations of Committed Lenders Several. The obligations of the Committed Lenders hereunder to make Syndicated Loans, to fund participations in Letters of Credit and Swingline Loans and to make payments pursuant to Section 13.06(c) are several and not joint. The failure of any Committed Lender to make any Syndicated Loan, to fund any such participation or to make any payment under Section 13.06(c) on any date required hereunder shall not relieve any other Committed Lender of its corresponding obligation to do so on such date, and no Committed Lender shall be responsible for the failure of any other Committed Lender to so make its Syndicated Loan, to purchase its participation or to make its payment under Section 13.06(c).
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Obligations of Committed Lenders Several. The obligations of the Committed Lenders hereunder to make Loans and to make payments pursuant to Section 13.06(c) are several and not joint. The failure of any Committed Lender to make any Loan, to fund any such participation or to make any payment under Section 13.06(c) on any date required hereunder shall not relieve any other Committed Lender of its corresponding obligation to do so on such date, and no Committed Lender shall be responsible for the failure of any other Committed Lender to so make its Loan, to purchase its participation or to make its payment under Section 13.06(c).
Obligations of Committed Lenders Several. The failure of any Committed Lender to make a Loan required to be made by it as part of the Borrowing hereunder shall not relieve any other Lender of its obligation, if any, hereunder to make any Loan on the Closing Date of such Borrowing, but, except as otherwise provided in Section 11.06(g), no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on the Closing Date.
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