Common use of Syndication Party Funding Failure Clause in Contracts

Syndication Party Funding Failure. The failure of any Syndication Party to fund its Funding Share of any requested 5-Year Advance or risk participation to be made by it on the date specified for such Advance shall not relieve any other Syndication Party of its obligation (if any) to fund its Funding Share of any Advance or risk participation on such date, but no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation to be made by such other Syndication Party.

Appears in 5 contracts

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

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Syndication Party Funding Failure. The failure of any Syndication Party to fund remit its Funding Share funding share of any requested 5-7 Year Advance or risk participation to be made by it on the date specified for such Advance shall not relieve any other Syndication Party of its obligation (if any) to fund its Funding Share of make any Advance or risk participation on such date, but no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation to be made by such other Syndication Party.

Appears in 2 contracts

Samples: Credit Agreement (Pilgrims Pride Corp), Credit Agreement (Pilgrims Pride Corp)

Syndication Party Funding Failure. The failure of any Syndication Party to fund its Funding Share of any requested 5364-Year Day Advance or risk participation to fund any 364-Day Bid Advance to be made by it on the date specified for such Advance shall not relieve any other Syndication Party of its obligation (if any) to fund its Funding Share of any Advance or risk participation on such date, but but, except as provided in Sections 4.7 and 4.11 hereof, no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation to be made by such other Syndication Party.

Appears in 2 contracts

Samples: Credit Agreement (CHS Inc), Credit Agreement (Cenex Harvest States Cooperatives)

Syndication Party Funding Failure. The failure of any Syndication Party to fund its Funding Share of any requested 5-Year Advance or risk participation Loan to be made by it on the date specified for such Advance Loan shall not relieve any other Syndication Party of its obligation (if any) to fund its Funding Share of any Advance or risk participation Loan on such date, but no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation Loan to be made by such other Syndication Party.

Appears in 2 contracts

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

Syndication Party Funding Failure. The failure of any Syndication Party to fund remit its Funding Share of any requested 5-Year Advance or risk participation to be made by it on the date specified for such Advance shall not relieve any other Syndication Party of its obligation (if any) to fund its Funding Share of make any Advance or risk participation on such date, but no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation to be made by such other Syndication Party.

Appears in 1 contract

Samples: Credit Agreement (Pilgrims Pride Corp)

Syndication Party Funding Failure. The failure of any Syndication Party to fund its Funding Share of any requested 53-Year Advance or risk participation 3-Year Bid Advance to be made by it on the date specified for such Advance shall not relieve any other Syndication Party of its obligation (if any) to fund its Funding Share of any Advance or risk participation on such date, but but, except as provided in Sections 4.7 and 4.11 hereof, no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation to be made by such other Syndication Party.

Appears in 1 contract

Samples: Credit Agreement (Cenex Harvest States Cooperatives)

Syndication Party Funding Failure. The failure of any Syndication Party to fund its Funding Share of any requested 5-Year the Term Loan Advance or risk participation to be made by it on the date specified for such Advance shall not relieve any other Syndication Party of its obligation (if any) to fund its Funding Share of any Advance or risk participation on such date, but no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation to be made by such other Syndication Party.

Appears in 1 contract

Samples: Credit Agreement (CHS Inc)

Syndication Party Funding Failure. The failure of any Syndication Party to fund its Funding Share of any requested 5364-Year Day Advance or risk participation to be made by it on the date specified for such Advance shall not relieve any other Syndication Party of its obligation (if any) to fund its Funding Share of any Advance or risk participation on such date, but no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation to be made by such other Syndication Party.

Appears in 1 contract

Samples: Credit Agreement (CHS Inc)

Syndication Party Funding Failure. The failure of any Syndication Party to fund remit its Funding Share applicable share of any a requested 5-Year Term Advance or risk participation to be made by it on the date specified for such Term Loan Advance Date shall not relieve any other Syndication Party of its obligation (if any) to fund remit its Funding Share applicable share of any such Term Advance or risk participation on such date, but no Syndication Party shall be responsible for the failure of any other Syndication Party to make any remit its applicable share of a Term Advance or risk participation to be made funded by such other Syndication Party.

Appears in 1 contract

Samples: Credit Agreement (Pilgrims Pride Corp)

Syndication Party Funding Failure. The failure of any Syndication Party to fund its Funding Share of any requested 5-Year Advance or risk participation 5-Year Bid Advance to be made by it on the date specified for such Advance shall not relieve any other Syndication Party of its obligation (if any) to fund its Funding Share of any Advance or risk participation on such date, but but, except as provided in Sections 4.7 and 4.11 hereof, no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation to be made by such other Syndication Party.

Appears in 1 contract

Samples: Credit Agreement (CHS Inc)

Syndication Party Funding Failure. The failure of any Syndication Party to fund remit its Funding Share of any requested 5-Year Revolving Advance or risk participation to be made by it on the date specified for such Revolving Advance shall not relieve any other Syndication Party of its obligation (if any) to fund remit its Funding Share of any Revolving Advance or risk participation on such date, but no Syndication Party shall be responsible for the failure of any other Syndication Party to make remit its Funding Share of any Revolving Advance or risk participation to be made remitted by such other Syndication Party.

Appears in 1 contract

Samples: Credit Agreement (Pilgrims Pride Corp)

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Syndication Party Funding Failure. The failure of any Syndication Party to fund its Funding Share of any requested 53-Year Advance or risk participation to be made by it on the date specified for such Advance shall not relieve any other Syndication Party of its obligation (if any) to fund its Funding Share of any Advance or risk participation on such date, but no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation to be made by such other Syndication Party.

Appears in 1 contract

Samples: Credit Agreement (CHS Inc)

Syndication Party Funding Failure. The failure of any Syndication Party to fund its Funding Share of any requested 5364-Year Day Advance or risk participation to fund any Bid Advance to be made by it on the date specified for such Advance shall not relieve any other Syndication Party of its obligation (if any) to fund its Funding Share of any Advance or risk participation on such date, but but, except as provided in Sections 3.8 and 3.10 hereof, no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation to be made by such other Syndication Party.

Appears in 1 contract

Samples: Credit Agreement (CHS Inc)

Syndication Party Funding Failure. The failure of any Syndication Party to fund its Funding Share of any requested 5-Year Requested Advance or risk participation to be made by it on the date specified for such Advance shall not relieve any other Syndication Party of its obligation (if any) to fund its Funding Share of any Advance or risk participation on such date, but no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation to be made by such other Syndication Party.

Appears in 1 contract

Samples: Credit Agreement (CHS Inc)

Syndication Party Funding Failure. The failure of any Syndication Party to fund remit its Funding Share applicable share of any a requested 5-Year Advance or risk participation to be made by it on the date specified for such Advance Date shall not relieve any other Syndication Party of its obligation (if any) to fund remit its Funding Share applicable share of any such Advance or risk participation on such date, but no Syndication Party shall be responsible for the failure of any other Syndication Party to make any remit its applicable share of an Advance or risk participation to be made funded by such other Syndication Party.

Appears in 1 contract

Samples: Term Loan Agreement (Pilgrims Pride Corp)

Syndication Party Funding Failure. The failure of any Syndication Party to fund its Funding Share of any requested 5-Year Advance or risk participation to be made by it on the date specified for such Advance shall not relieve any other Syndication Party 1697821.11-New York Server 7A - MSW of its obligation (if any) to fund its Funding Share of any Advance or risk participation on such date, but no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation to be made by such other Syndication Party.

Appears in 1 contract

Samples: Credit Agreement (CHS Inc)

Syndication Party Funding Failure. The failure of any Syndication Party to fund its Funding Share of any requested 5-Year Advance or risk participation to be made by it on the date specified for such Advance shall not relieve any other Syndication Party of its obligation (if any) to fund its Funding Share of any Advance or risk participation on such date, but but, except as provided in Sections 3.8 and 3.10 hereof, no Syndication Party shall be responsible for the failure of any other Syndication Party to make any Advance or risk participation to be made by such other Syndication Party.

Appears in 1 contract

Samples: Credit Agreement (CHS Inc)

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