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 47 contracts

Samples: Credit Agreement (Stone Energy Corp), Pledge and Security Agreement (LaSalle Hotel Properties), Pledge and Security 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: Credit Agreement (American General Hospitality Corp), Credit Agreement (American General Hospitality Corp), Management 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 (Living Centers of America Inc), Credit Agreement (RLP Gulf States LLC)

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: Credit Agreement (Varco International Inc /De/)

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)

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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 1 contract

Samples: Credit Agreement (Lasalle Hotel Properties)

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. Section 2.03.

Appears in 1 contract

Samples: Credit Agreement (Crosstex Energy Lp)

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)

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