Common use of Failure to Make Letter of Credit Advances Clause in Contracts

Failure to Make Letter of Credit Advances. The failure of any Tranche A Revolving Credit Lender to make the Letter of Credit Advance to be made by it on the date specified in Section 2.03(c) shall not relieve any other Tranche A Revolving Credit Lender of its obligation hereunder to make its Letter of Credit Advance on such date, but no Tranche A Revolving Credit Lender shall be responsible for the failure of any other Tranche A Revolving Credit Lender to make the Letter of Credit Advance to be made by such other Tranche A Revolving Credit Lender on such date.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Andrews Group Inc /De/), Credit Agreement (Advance Paradigm Inc)

AutoNDA by SimpleDocs

Failure to Make Letter of Credit Advances. The failure of any Tranche A Revolving ----------------------------------------- Credit Lender to make the Letter of Credit Advance to be made by it on the date specified in Section 2.03(c2.03(b) shall not relieve any other Tranche A Revolving Credit Lender of its obligation hereunder to make its Letter of Credit Advance on such date, but no Tranche A Revolving Credit Lender shall be responsible for the failure of any other Tranche A Revolving Credit Lender to make the Letter of Credit Advance to be made by such other Tranche A Revolving Credit Lender on such date.

Appears in 1 contract

Samples: Credit Agreement (Tri City Dialysis Center Inc)

AutoNDA by SimpleDocs

Failure to Make Letter of Credit Advances. The failure of any Tranche A -------------------------------------------- Revolving Credit Lender to make the Letter of Credit Advance to be made by it on the date specified in Section 2.03(c) shall not relieve any other Tranche A Revolving Credit Lender of its obligation hereunder to make its Letter of Credit Advance on such date, but no Tranche A Revolving Credit Lender shall be responsible for the failure of any other Tranche A Revolving Credit Lender to make the Letter of Credit Advance to be made by such other Tranche A Revolving Credit Lender on such date.

Appears in 1 contract

Samples: Credit Agreement (Levi Strauss & Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!