Common use of Failure to Make L/C Advances Clause in Contracts

Failure to Make L/C Advances. The failure of any Lender to make an L/C Advance to be made by it on the date specified in Section 2.03(e) shall not relieve any other Lender of its obligation hereunder to make its L/C Advance on such date, but no Lender shall be responsible for the failure of any other Lender to make the L/C Advance to be made by such other Lender on such date.

Appears in 5 contracts

Samples: Senior Secured Credit Agreement, Credit Agreement (Project Angel Parent, LLC), Senior Secured First Lien Credit Agreement (Dynatrace Holdings LLC)

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Failure to Make L/C Advances. The failure of any Lender to make an the L/C Advance to be made by it on the date specified in Section 2.03(e3.2(f) shall not relieve any other Lender of its obligation hereunder to make its L/C Advance on such date, but no Lender shall be responsible for the failure of any other Lender to make the L/C Advance to be made by such other Lender on such date.

Appears in 2 contracts

Samples: Credit Agreement (Platinum Underwriters Holdings LTD), Credit Agreement (Platinum Underwriters Holdings LTD)

Failure to Make L/C Advances. The failure of any Lender to make an the L/C Advance to be made by it on the date specified in Section 2.03(e3.2(e) shall not relieve any other Lender of its obligation hereunder to make its L/C Advance on such date, but no Lender shall be responsible for the failure of any other Lender to make the L/C Advance to be made by such other Lender on such date.

Appears in 2 contracts

Samples: Credit Agreement (Allied World Assurance Co Holdings, AG), Credit Agreement (Allied World Assurance Co Holdings LTD)

Failure to Make L/C Advances. The failure of any Lender to make an the L/C Advance to be made by it on the date specified in Section 2.03(e2.5(b) shall not relieve any other Lender of its obligation hereunder to make its L/C Advance on such date, but no Lender shall be responsible for the failure of any other Lender to make the L/C Advance to be made by such other Lender on such date.

Appears in 2 contracts

Samples: Credit Agreement (Unum Group), Credit Agreement (Unum Group)

Failure to Make L/C Advances. The failure of any Lender to make an the L/C Advance to be made by it on the date specified in Section 2.03(e2.2(e) shall not relieve any other Lender of its obligation hereunder to make its L/C Advance on such date, but no Lender shall be responsible for the failure of any other Lender to make the L/C Advance to be made by such other Lender on such date.

Appears in 1 contract

Samples: Credit Agreement (Allied World Assurance Co Holdings LTD)

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Failure to Make L/C Advances. The failure of any Lender to make an the L/C Advance to be made by it on the date specified in Section 2.03(e2.3(e) shall not relieve any other Lender of its obligation hereunder to make its L/C Advance on such date, but no Lender shall be responsible for the failure of any other Lender to make the L/C Advance to be made by such other Lender on such date.

Appears in 1 contract

Samples: Credit Agreement (Empire District Electric Co)

Failure to Make L/C Advances. The failure of any Lender to make an the L/C Advance to be made by it on the date specified in Section 2.03(e2.03(b)(v) or an ABR Loan as specified in Section 2.03(b)(vi) shall not relieve any other Lender of its obligation hereunder to make its L/C Advance on such date, but no Lender shall be responsible for the failure of any other Lender to make the L/C Advance to be made by such other Lender on such date.

Appears in 1 contract

Samples: Credit Agreement (Hanover Insurance Group, Inc.)

Failure to Make L/C Advances. The failure of any Lender to make an the L/C Advance to be made by it on the date specified in Section 2.03(e2.5(b)(vi) shall not relieve any other Lender of its obligation hereunder to make its L/C Advance on such date, but no Lender shall be responsible for the failure of any other Lender to make the L/C Advance to be made by such other Lender on such date.

Appears in 1 contract

Samples: Credit Agreement (Unum Group)

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