Obligations to Lenders Sample Clauses

Obligations to Lenders. Any Obligations to Lenders under this Agreement.
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Obligations to Lenders. In connection with (a) the Credit Agreement, dated May 15, 1997, as amended and modified, for a $187 million credit facility provided by a syndicate of banks with NationsBank, N.A. as the administrative agent (the "Credit Facility"), (b) the Indenture for $110 million of 10 5/8% Senior Notes due in the year 2005 (the "1995 Indenture"), and (c) the Indenture for $75 million of 9 5/8% Senior Notes due in the year 2007 (the "1997 Indenture" and collectively with the Credit Facility and the 1995 Indenture, the "Sellers' Indebtedness"), the Sellers covenant and agree to take any and all necessary action to comply with all of the terms, conditions and covenants contained in all of the documentation for the Sellers' Indebtedness with respect to actions necessary both before and after the consummation of the transactions contemplated herein. Without limiting the generality of the foregoing, (i) with respect to the Credit Facility, the Sellers covenant and agree to fully comply with the covenants and obligations contained in Sections 6 and 7 thereof, (ii) with respect to the 1995 Indenture, the Sellers covenant and agree to fully comply with the covenants and obligations contained in Articles 8 and 10 thereof, and (iii) with respect to the 1997 Indenture, the Sellers covenant and agree to fully comply with the covenants and obligations contained in Articles 7 and 9 thereof.
Sample 1
Obligations to Lenders. The Obligations, pursuant to the Joint and Several Unconditional Guaranty.
Sample 1

Related to Obligations to Lenders

  • Obligations of Lenders Each Loan shall be made as part of a Borrowing consisting of Loans of the same Type made by the Lenders ratably in accordance with their respective Commitments. The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required.

  • Obligations of the Borrower 13 Section 3.01.

  • Conditions to Letters of Credit The issuance of any Letter of Credit hereunder (whether or not the applicable Issuing Lender is obligated to issue such Letter of Credit) is subject to the following conditions precedent:

  • No Lender Obligations (a) Notwithstanding the provisions of Subsections 1.1(h) and (n) or Section 1.2, Lender is not undertaking the performance of (i) any obligations under the Leases; or (ii) any obligations with respect to such agreements, contracts, certificates, instruments, franchises, permits, trademarks, licenses and other documents.

  • Obligations of Lenders Several The obligations of the Lenders hereunder to make Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Loan, to fund any such participation or to make any payment 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 Loan, to purchase its participation or to make its payment under Section 11.04(c).

  • Reaffirmation of Credit Party Obligations Each Credit Party hereby ratifies the Credit Agreement and acknowledges and reaffirms (a) that it is bound by all terms of the Credit Agreement applicable to it and (b) that it is responsible for the observance and full performance of its respective Credit Party Obligations.

  • Payments to Lenders If a Lender (a “Recovering Lender”) receives or recovers any amount from an Obligor other than in accordance with Clause 29 (Payment mechanics) and applies that amount to a payment due under the Finance Documents then:

  • Conditions to Obligations of the Parties The obligations of the parties hereto to effect the transactions contemplated by this Agreement shall be subject to the satisfaction at the Closing (as defined below) of the following conditions:

  • Conditions to the Obligations of the Company The obligations of the Company to consummate the Merger are subject to the satisfaction or waiver (where permissible) of the following additional conditions:

  • CONDITIONS TO LOANS AND LETTERS OF CREDIT The obligations of Lenders to make Loans and the issuance of Letters of Credit hereunder are subject to the satisfaction of the following conditions.

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