Common use of Several Obligations Clause in Contracts

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 76 contracts

Samples: Revolving Credit Agreement (Universal Compression Inc), Security Agreement (Atlas Energy Resources, LLC), Credit Agreement (Georesources Inc)

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Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no neither the Administrative Agent nor any Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 12 contracts

Samples: Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM International Inc/De/), Credit Agreement (Trans Resources Inc)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such dateLoan, but no neither any Lender nor Administrative Agent shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 12 contracts

Samples: Loan Agreement (Acadia Realty Trust), Loan Agreement (Shurgard Storage Centers Inc), Loan Agreement (General Growth Properties Inc)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 11 contracts

Samples: Senior Revolving Credit Agreement (Transcoastal Marine Services Inc), Credit Agreement (Eex Corp), Credit Agreement (Callon Petroleum Co)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 7 contracts

Samples: Credit Agreement (Buckeye Partners L P), Credit Agreement (Shell Capital Inc), Credit Agreement (Buckeye Partners L P)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any the other Lender Lenders of its obligation their respective obligations to make its Loan or provide funds their Loans on such date, but no Lender shall be responsible for the failure of any the other Lender Lenders to make a Loan Loans to be made by such other Lender or to provide funds to be provided by such other LenderLenders.

Appears in 5 contracts

Samples: Term Loan Agreement (Health Care Reit Inc /De/), Loan Agreement (Trinity Place Holdings Inc.), Credit Agreement (Cornerstone Healthcare Plus Reit, Inc.)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such dateLoan, but no neither any Lender nor the Administrative Agent shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 4 contracts

Samples: Loan Agreement (Morgans Hotel Group Co.), Mezzanine Loan Agreement (Morgans Hotel Group Co.), Loan Agreement (Douglas Emmett Inc)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide such funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide such funds to be provided by such other Lender.

Appears in 4 contracts

Samples: Credit Agreement (Houston Exploration Co), Credit Agreement (Houston Exploration Co), Credit Agreement (Houston Exploration Co)

Several Obligations. The failure of any Lender to make any Loan to be made by it such Lender or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide such funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 4 contracts

Samples: Global Credit Agreement (United Meridian Corp), Global Credit Agreement (Ocean Energy Inc), Global Credit Agreement (Ocean Energy Inc)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit or with respect to Swingline Loans on the date specified therefor shall not relieve any other Lender of its obligation to make its Revolving Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 3 contracts

Samples: Credit Agreement (Black Stone Minerals, L.P.), Credit Agreement (Black Stone Minerals, L.P.), Credit Agreement (Black Stone Minerals, L.P.)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor therefore shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 2 contracts

Samples: Credit Agreement (Arena Resources Inc), Credit Agreement (Arena Resources Inc)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any the other Lender Lenders of its obligation their respective obligations to make its Loan or provide funds their Loans on such date, ; but in no event shall any Lender shall be responsible for the failure of any the other Lender Lenders to make a Loan Loans to be made by such other Lender or to provide funds to be provided by such other LenderLenders.

Appears in 2 contracts

Samples: Loan and Security Agreement (Athersys, Inc / New), Loan and Security Agreement (BTHC VI Inc)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for the acceptance and purchase of Bankers' Acceptances or disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 2 contracts

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

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit or for its participations in Swing Line Loans on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 2 contracts

Samples: Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Crimson Exploration Inc.)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit or the Distribution LC on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 2 contracts

Samples: Credit Agreement (Kinder Morgan Inc), Credit Agreement (Kinder Morgan Energy Partners Lp)

Several Obligations. The failure of any Lender to make ------------------- any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 1 contract

Samples: Credit Agreement (Aroc Inc)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.. Section 2.06

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Atlas Pipeline Partners Lp)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such dateLoan, but no neither any Lender nor the Collateral Agent shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 1 contract

Samples: Loan Agreement (Prime Group Realty Trust)

Several Obligations. The failure of any Lender to make any the Loan to be made by it or to provide funds for disbursements or reimbursements under Letters as part of Credit on the date specified therefor any Borrowing shall not relieve any other Lender of its obligation obligation, if any, hereunder to make its Loan or provide funds on the date of such dateBorrowing, but no Lender shall be responsible for the failure of any other Lender to make a the Loan to be made by such other Lender or to provide funds to be provided by such other Lenderon the date of any Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Ameristeel Corp)

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Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor Closing Date shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 1 contract

Samples: Bridge Loan Agreement (Buckeye Partners L P)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.provide

Appears in 1 contract

Samples: Credit Agreement (Corrida Resources Inc)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any the other Lender Lenders of its obligation their respective obligations to make its Loan or provide funds their Loans on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan Loans to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 1 contract

Samples: Credit Agreement (Saga Communications Inc)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 1 contract

Samples: Credit Agreement (Wca Waste Corp)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters the Letter of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 1 contract

Samples: Assignment Agreement (Kinder Morgan Energy Partners Lp)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender Table of Contents to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Corp)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no neither the Agent nor any Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Dental Partners Inc)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor Closing Date shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 1 contract

Samples: Term Loan Agreement (Mission Resources Corp)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 1 contract

Samples: Credit Agreement (Corrida Resources Inc)

Several Obligations. The failure of any Lender to make any Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any the other Lender Lenders of its obligation their 52 -44- respective obligations to make its Loan or provide funds their Loans on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan Loans to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 1 contract

Samples: Credit Agreement (Saga Communications Inc)

Several Obligations. The failure of any Lender to make any ------------------- Loan to be made by it or to provide funds for disbursements or reimbursements under Letters of Credit on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan or provide funds on such date, but no Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender or to provide funds to be provided by such other Lender.

Appears in 1 contract

Samples: Credit Agreement (Mission Resources Corp)

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