Common use of Bank Obligations Several Clause in Contracts

Bank Obligations Several. The failure of any Bank to make the Advance to be made by it as part of any Borrowing shall not relieve any other Bank of its obligation, if any, to make its Advance on the date of such Borrowing. No Bank shall be responsible for the failure of any other Bank to make the Advance to be made by such other Bank on the date of any Borrowing.

Appears in 48 contracts

Samples: Fifth Amended and Restated Credit Agreement (Stone Energy Corp), Senior Unsecured Credit Agreement (LaSalle Hotel Properties), Senior Unsecured Term Loan Agreement (LaSalle Hotel Properties)

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Bank Obligations Several. The failure of any Bank to make the Advance ------------------------ to be made by it as part of any Borrowing shall not relieve any other Bank of its obligation, if any, to make its Advance on the date of such Borrowing. No Bank shall be responsible for the failure of any other Bank to make the Advance to be made by such other Bank on the date of any Borrowing.

Appears in 3 contracts

Samples: Subordinate Unsecured Credit Agreement (American General Hospitality Corp), Credit Agreement (American General Hospitality Corp), Senior Unsecured Credit Agreement (American General Hospitality Corp)

Bank Obligations Several. The failure of any Bank to make the Advance to be made by it as part of any Revolving Borrowing shall not relieve any other Bank of its obligation, if any, to make its Advance on the date of such Revolving Borrowing. No Bank shall be responsible for the failure of any other Bank to make the Advance to be made by such other Bank on the date of any Revolving Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (RLP Gulf States LLC), Credit Agreement (Living Centers of America Inc)

Bank Obligations Several. The failure of any Bank to make the Advance to be made by it as part of any the Borrowing shall not relieve any other Bank of its obligation, if any, to make its Advance on the date of such the Borrowing. No Bank shall be responsible for the failure of any other Bank to make the Advance to be made by such other Bank on the date of any the Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Semco Energy Inc)

Bank Obligations Several. The failure of any Bank to make ------------------------ the Advance to be made by it as part of any Borrowing shall not relieve any other Bank of its obligation, if any, to make its Advance on the date of such Borrowing. No Bank shall be responsible for the failure of any other Bank to make the Advance to be made by such other Bank on the date of any Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Varco International Inc /De/)

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Bank Obligations Several. The failure of any Bank to make the Advance to be made by it as part of any Borrowing shall not relieve any other Bank of its obligation, if any, to make its Advance on the date of such Borrowing. No Bank shall be responsible for the failure of any other Bank to make the Advance to be made by such other Bank on the date of any Borrowing.shall

Appears in 1 contract

Samples: Credit Agreement (3dx Technologies Inc)

Bank Obligations Several. The failure of any Bank to make the Advance to ------------------------ be made by it as part of any Borrowing shall not relieve any other Bank of its obligation, if any, to make its Advance on the date of such Borrowing. No Bank shall be responsible for the failure of any other Bank to make the Advance to be made by such other Bank on the date of any Borrowing.

Appears in 1 contract

Samples: Credit Agreement (American General Hospitality Corp)

Bank Obligations Several. The failure of any Bank to make the ------------------------ Advance to be made by it as part of any Borrowing shall not relieve any other Bank of its obligation, if any, to make its Advance on the date of such Borrowing. No Bank shall be responsible for the failure of any other Bank to make the Advance to be made by such other Bank on the date of any Borrowing.

Appears in 1 contract

Samples: Senior Unsecured Credit Agreement (Lasalle Hotel Properties)

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