Common use of Obligations of Lenders Several Clause in Contracts

Obligations of Lenders Several. The failure of any Lender to make a Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligation, if any, hereunder to make any Loan on the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of Borrowing.

Appears in 55 contracts

Samples: Credit Agreement (Carpenter Technology Corp), Credit Agreement (Hillman Companies Inc), Revolving Credit Agreement (LG&E & KU Energy LLC)

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Obligations of Lenders Several. The failure of any Lender to make a Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligation, if any, hereunder to make any Loan on the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of Borrowing.. Section 2.05

Appears in 12 contracts

Samples: Revolving Credit Agreement (Louisville Gas & Electric Co /Ky/), Revolving Credit Agreement (Louisville Gas & Electric Co /Ky/), Revolving Credit Agreement (Louisville Gas & Electric Co /Ky/)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make Loans are several and not joint. The failure of any Lender to make a Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligation, if any, hereunder to make any Loan on the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of Borrowing.

Appears in 7 contracts

Samples: Credit Agreement (Amag Pharmaceuticals Inc.), Term Loan Credit Agreement (MKS Instruments Inc), Term Loan Credit Agreement (MKS Instruments Inc)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make Loans are several and not joint. The failure of any Lender to make a any Loan on any date required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligationcorresponding obligation to do so on such date, if any, hereunder to make any Loan on the date of such Borrowing, but and no Lender shall be responsible for the failure of any other Lender to so make the Loan to be made by such other Lender on such date of Borrowingits Loan.

Appears in 5 contracts

Samples: Credit Agreement (Niska Gas Storage Partners LLC), Term Loan Credit Agreement (Fortive Corp), Credit Agreement (Fortive Corp)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make Loans and to make payments are several and not joint. The failure of any Lender to make a any Loan or to make any payment on any date required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligationcorresponding obligation to do so on such date, if any, hereunder to make any Loan on the date of such Borrowing, but and no Lender shall be responsible for the failure of any other Lender to so make the its Loan or to be made by such other Lender on such date of Borrowingmake its payment hereunder.

Appears in 4 contracts

Samples: Possession Loan Agreement, Intercreditor Agreement (Eastman Kodak Co), Possession Loan Agreement

Obligations of Lenders Several. The failure of any Lender to make a Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Committed Lender of its obligation, if any, hereunder to make any Loan on the date Funding Date of such Borrowing, but but, except as otherwise provided in Section 11.06(h), no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of BorrowingFunding Date.

Appears in 4 contracts

Samples: Warehouse Loan Agreement (Greenbrier Companies Inc), Warehouse Loan Agreement (Trinity Industries Inc), Warehouse Loan Agreement (Trinity Industries Inc)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make Loans are several and not joint. The failure of any Lender to make a any Loan on any date required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligationcorresponding obligation to do so on such date, if any, hereunder to make any Loan on the date of such Borrowing, but and no Lender shall be responsible for the failure of any other Lender to so make the its Loan or to be made by such other Lender on such date of Borrowingpurchase its participation.

Appears in 3 contracts

Samples: Credit Agreement (JOANN Inc.), Credit Agreement (Mueller Water Products, Inc.), Term Loan Credit Agreement (Mueller Water Products, Inc.)

Obligations of Lenders Several. The failure of any Lender to make ------------------------------ a Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligation, if any, hereunder to make any Loan on the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of Borrowing.

Appears in 2 contracts

Samples: Day Credit Agreement (PPL Corp), Day Credit Agreement (PPL Corp)

Obligations of Lenders Several. The failure of any Lender to make a Credit Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligation, if any, hereunder obligation to make any a Credit Loan on the date of such Borrowingfunding date, but no Lender shall be responsible for the failure of any other Lender to make the Credit Loan to be made by such other Lender on such date of Borrowingfunding date.

Appears in 2 contracts

Samples: Credit Agreement (Interpool Inc), Credit Agreement (Interpool Inc)

Obligations of Lenders Several. The failure of any Lender to make a ------------------------------ Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligation, if any, hereunder to make any Loan on the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (PPL Corp)

Obligations of Lenders Several. The failure of any Lender to make a Loan required to be made by it as part of any the Borrowing hereunder shall not relieve any other Committed Lender of its obligation, if any, hereunder to make any its Loan on the date of such BorrowingFunding Date, but but, except as otherwise provided in Section 11.06(h), no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of Borrowingthe Funding Date.

Appears in 1 contract

Samples: Loan Agreement (Trinity Industries Inc)

Obligations of Lenders Several. The failure of any Lender to make a Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligation, if any, hereunder to make any Loan on the date Funding Date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of BorrowingFunding Date.

Appears in 1 contract

Samples: Revolving Asset Based Loan Agreement (Andersons, Inc.)

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Obligations of Lenders Several. The failure of any Lender to make a Loan required to be made by it as part of any Borrowing Loan hereunder shall not relieve any other Lender of its obligation, if any, hereunder to make any Loan on the date Funding Date of such BorrowingLoan, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of Borrowing.Funding Date

Appears in 1 contract

Samples: Loan Agreement (PBF Holding Co LLC)

Obligations of Lenders Several. The failure of any Lender to make a Loan required to be made by it as part of any the Borrowing hereunder shall not relieve any other Lender of its obligation, if any, hereunder to make any Loan on the date Closing Date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of Borrowingthe Closing Date.

Appears in 1 contract

Samples: Term Loan Agreement (Trinity Industries Inc)

Obligations of Lenders Several. The failure of any Lender to make a Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Committed Lender of its obligation, if any, hereunder to make any Loan on the date Funding Date of such Borrowing, but but, except as otherwise provided in Section 11.06(h), no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of Borrowing.Funding Date. Amended and Restated Warehouse Loan Agreement

Appears in 1 contract

Samples: Warehouse Loan Agreement (Trinity Industries Inc)

Obligations of Lenders Several. The failure of any Lender to make a Credit Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligation, if any, hereunder obligation to make any a Credit Loan on the date of such Borrowingfunding date, but no Lender shall be responsible for the failure of any other Lender to make the Credit Loan to be made by such other Lender on such date of BorrowingFunding Date.

Appears in 1 contract

Samples: Credit Agreement (Interpool Inc)

Obligations of Lenders Several. The failure of any Lender to make a Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligation, if any, hereunder to make any Loan on the date Funding Date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of Borrowing.Funding Date. 44 Amended and Restated Revolving Asset Based Loan Agreement

Appears in 1 contract

Samples: Loan Agreement (Andersons, Inc.)

Obligations of Lenders Several. The failure of any Lender to make a Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Committed Lender of its obligation, if any, hereunder to make any Loan on the date Funding Date of such Borrowing, but but, except as otherwise provided in Section 11.06(h), no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of Borrowing.Funding Date. (e)

Appears in 1 contract

Samples: Warehouse Loan Agreement (Trinity Industries Inc)

Obligations of Lenders Several. The failure of any Lender to make a Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligation, if any, hereunder to make any Loan on the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of Borrowing.. Section 2.04

Appears in 1 contract

Samples: Credit Agreement (LG&E & KU Energy LLC)

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