Common use of Several Obligations Clause in Contracts

Several Obligations. The respective obligations of the Banks hereunder are several and not joint and no Bank shall be the partner or agent of any other. The failure of any Bank to perform any of its obligations hereunder shall not relieve any other Bank from any of its obligations hereunder.

Appears in 22 contracts

Samples: Credit Agreement (Cme Group Inc.), Credit Agreement (Cme Group Inc.), Credit Agreement (Cme Group Inc.)

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Several Obligations. The respective obligations of the Banks hereunder are several and not joint and no Bank shall be several. Neither the partner or agent of any other. The failure of any Bank to perform carry out its obligations hereunder nor of this Agreement to be duly authorized, executed and delivery by any Bank shall relieve any other Bank of its obligations hereunder (or affect the rights hereunder of such other Bank). No Bank shall not relieve be responsible for the obligations of, or any action taken or omitted by, any other Bank from any of its obligations hereunder.

Appears in 21 contracts

Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

Several Obligations. The respective obligations of the Banks hereunder are several and not joint joint, and no Bank shall be the partner or agent of any otherother (except to the extent to which the Administrative Agent is authorized to act as such). The failure of any Bank to perform any of its obligations hereunder shall not relieve any other Bank from any of its obligations hereunder.

Appears in 4 contracts

Samples: Term Loan Agreement (Conagra Foods Inc /De/), Bridge Loan Agreement (Conagra Foods Inc /De/), Revolving Credit Agreement (Conagra Foods Inc /De/)

Several Obligations. The respective obligations of the Banks hereunder are several and not joint and no Bank shall be the partner or agent of any otherother (except to the extent to which the Agent is authorized to act as such). The failure of any Bank to perform any of its obligations hereunder shall not relieve any other Bank from any of its obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and assigns.

Appears in 4 contracts

Samples: Credit Agreement (McGrath Rentcorp), Credit Agreement (McGrath Rentcorp), Credit Agreement (McGrath Rentcorp)

Several Obligations. The respective obligations of the Banks hereunder are several and not joint and no Bank shall be the partner or agent of any otherother (except to the extent to which the Agent is authorized to act as such). The failure of any Bank to perform any of its obligations hereunder shall not relieve any other Bank from any of its obligations hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Haggar Corp), Credit Agreement (Haggar Corp)

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Several Obligations. The respective obligations of the Banks hereunder are several and not joint and no Bank shall be the partner or agent of any other. The failure of any Bank to perform any of its obligations hereunder shall not relieve any other Bank from any of its obligations hereunder.. CHICAGO MERCANTILE EXCHANGE INC. 2007 CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement (Cme Group Inc.)

Several Obligations. The respective obligations of the Banks hereunder are several and not joint joint, and no Bank shall be the partner or agent of any otherthe other (except to the extent to which the Agent is authorized to act as such). The failure of any Bank to perform any of its obligations hereunder shall not relieve any other Bank from any of its obligations hereunder. All Obligations of the Borrowers are joint and several.

Appears in 1 contract

Samples: Loan and Letter of Credit Reimbursement Agreement (Unitog Co)

Several Obligations. The respective obligations of the Banks hereunder are several and not joint and no Bank shall be the partner or agent of any other. The failure of any Bank to perform any of its obligations hereunder shall not relieve any other Bank from any of its obligations hereunder.. CHICAGO MERCANTILE EXCHANGE INC. 2004 CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement (Chicago Mercantile Exchange Holdings Inc)

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