Common use of Failure by Any Lender to Advance Clause in Contracts

Failure by Any Lender to Advance. The failure by any Lender to make an Advance in accordance with its obligations hereunder shall not relieve the other Lenders of their several obligations to make an Advance (in accordance with their respective obligations) equal to their respective Rateable Share (pertaining to the relevant Facility) of the aggregate amount of any Advance requested by any Borrower nor shall any Lender be responsible for the obligations of any other Lender.

Appears in 2 contracts

Samples: Credit Agreement (Cgi Group Inc), Credit Agreement (Cgi Group Inc)

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Failure by Any Lender to Advance. The failure by any Lender to make an Advance in accordance with its obligations hereunder shall not relieve the other Lenders of their several obligations to make an Advance (in accordance with their respective obligations) equal to their respective Rateable Share (pertaining to the relevant Facility) of the aggregate amount of any Advance requested by any the Borrower nor shall any Lender be responsible for the obligations of any other Lender.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Alimentation Couche Tard Inc)

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