Common use of Obligations of Lenders Several Clause in Contracts

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder are several and not joint. The failure of any Lender to make any Term Loan or to make any payment hereunder on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan or to make its payment hereunder.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Destination Maternity Corp), Term Loan Credit Agreement (Destination Maternity Corp)

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Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to § 14.7 are several and not joint. The failure of any Lender to make any Term Loan Loan, to fund any such participation or to make any payment hereunder under § 14.7 on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan Loans, to purchase its participation or to make its payment hereunderunder § 14.7.

Appears in 2 contracts

Samples: Term Loan Agreement (CAI International, Inc.), Term Loan Agreement (CAI International, Inc.)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Term Loan or to make any payment hereunder under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan or to make its payment hereunderunder Section 11.04(c).

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Global Payments Inc), Term Loan Credit Agreement (Global Payments Inc)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to §14.14 are several and not joint. The failure of any Lender to make any Term Loan Loan, to fund any such participation or to make any payment hereunder under §14.14 on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan Loans, to purchase its participation or to make its payment hereunderunder §14.14.

Appears in 2 contracts

Samples: Term Loan Agreement (CAI International, Inc.), Term Loan Agreement (CAI International, Inc.)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to Section 14.4.3 are several and not joint. The failure of any Lender to make any Term Loan Loan, to fund any such participation or to make any payment hereunder under Section 14.4.3 on any date required hereunder shall not relieve any other Lender of its corresponding obligation (if any) to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan any Loan, to purchase any such participation, or to make its any payment hereunderunder Section 14.4.3.

Appears in 2 contracts

Samples: Senior Term Loan Agreement (Prologis, L.P.), Senior Term Loan Agreement (Prologis, L.P.)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans Loan and to make payments hereunder pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any the Term Loan or to make any payment hereunder under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make the Term Loan, to purchase its Term Loan participation or to make its payment hereunderunder Section 11.04(c).

Appears in 2 contracts

Samples: Senior Secured Bridge Credit Agreement (Clearway Energy, Inc.), Senior Secured Bridge Credit Agreement (Clearway Energy LLC)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans Loans, and to make payments hereunder pursuant to Section 10.04(c) are several and not joint. The failure of any Lender to make any Term Loan or to make any payment hereunder under Section 10.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan Loans, to purchase its participation or to make its payment hereunderunder Section 10.04(c).

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Towers Watson & Co.), Term Loan Credit Agreement (Towers Watson & Co.)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to Section 10.4.3 are several and not joint. The failure of any Lender to make any an advance under its Term Loan Commitment or to make any payment hereunder under Section 10.4.3 on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make any advance under its Term Loan Commitment or to make its payment hereunderunder Section 10.4.3.

Appears in 1 contract

Samples: Term Loan Agreement (Prologis)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and Revolving Loans and to make payments hereunder pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Term Loan or to make any payment hereunder under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such -42- date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan or to make its payment hereunderunder Section 11.04(c).

Appears in 1 contract

Samples: Credit Agreement (Advanced Energy Industries Inc)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Term Loan Loans or to make any payment hereunder under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its the Term Loan Loans or to make its payment hereunderunder Section 11.04(c).

Appears in 1 contract

Samples: Credit Agreement (RVL Pharmaceuticals PLC)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to Section 11.4(c) are several and not joint. The failure of any Lender to make any Term Loan or to make any payment hereunder under Section 11.4(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan or to make its payment hereunder.under Section 11.4(c). (e)

Appears in 1 contract

Samples: And Guaranty Agreement (U.S. Concrete, Inc.)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to Section 9.05 are several and not joint. The failure of any Lender to make any Term Loan or to fund any such participation or make any payment hereunder payments pursuant to Section 9.05 on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan or purchase its participation or make payments pursuant to make its payment hereunderSection 9.05.

Appears in 1 contract

Samples: Second Lien Senior Secured Credit Agreement (Terremark Worldwide Inc)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Term Loan Loan, to fund any such participation or to make any payment hereunder under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan Loan, to purchase its participation or to make its payment hereunderunder Section 11.04(c).

Appears in 1 contract

Samples: Credit Agreement (PureCycle Technologies, Inc.)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans Loan and to make payments hereunder pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Term Loan Loan, to fund any such participation or to make any payment hereunder under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan Loan, to purchase its participation or to make its payment hereunderunder Section 11.04(c).

Appears in 1 contract

Samples: Term Loan Agreement (LIVE VENTURES Inc)

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Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder under Section 10.04(c) are several and not joint. The failure of any Lender to make any Term Loan or to make any payment hereunder under Section 10.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan or to make its payment hereunderpayments under Section 10.04(c).

Appears in 1 contract

Samples: Loan and Security Agreement (Live Oak Acquisition Corp)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Term Loan Loans or to make any payment hereunder under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan Loans or to make its payment hereunderunder Section 11.04(c).

Appears in 1 contract

Samples: Credit Agreement (Cenveo, Inc)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to Section 11.4(c) are several and not joint. The failure of any Lender to make any Term Loan or to make any payment hereunder under Section 11.4(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan or to make its payment hereunderunder Section 11.4(c).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (U.S. Concrete, Inc.)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to Section 11.04(c) are several and not joint. CHL:82267.17 42 The failure of any Lender to make any Term Loan or to make any payment hereunder under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan or to make its payment hereunderunder Section 11.04(c).

Appears in 1 contract

Samples: Credit Agreement (Wausau Paper Corp.)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans Loan and to make payments hereunder pursuant to Section 12.04(c) are several and not joint. The failure of any Lender to make any the Term Loan or to make any payment hereunder under Section 12.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan or to make its payment hereunderunder Section 12.04(c).

Appears in 1 contract

Samples: Possession Term Loan Agreement (EveryWare Global, Inc.)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Term Loan Loan, to fund any such participation or to make any payment hereunder under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan Loan, to purchase its participation or to make its payment hereunder.under Section 11.04(c). (e)

Appears in 1 contract

Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and Revolving Loans and to make payments hereunder pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Term Loan or to make any payment hereunder under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan or to make its payment hereunder.under Section 11.04(c). ​

Appears in 1 contract

Samples: Credit Agreement (Advanced Energy Industries Inc)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to §2.5.2(b) are several and not joint. The failure of any Lender to make any Term Loan Loan, to fund any such participation or to make any payment hereunder under §2.8.2(b) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan Loans, to purchase its participation or to make its payment hereunderunder §2.5.2(b).

Appears in 1 contract

Samples: Term Loan Agreement (CAI International, Inc.)

Obligations of Lenders Several. The obligations of the Lenders hereunder to make the Term Loans and to make payments hereunder pursuant to Section 10.04(c) are several and not joint. The failure of any Lender to make any Term Loan or to make any payment hereunder under Section 10.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term Loan Loan, to purchase its participation or to make its payment hereunderunder Section 10.04(c).

Appears in 1 contract

Samples: Credit Agreement (Barr Pharmaceuticals Inc)

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