Common use of Lender Obligations Several Clause in Contracts

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

Appears in 89 contracts

Samples: Borrowing Base Agreement (TXO Partners, L.P.), Credit Agreement (TXO Partners, L.P.), 5 Year Credit Agreement (NOV Inc.)

AutoNDA by SimpleDocs

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

Appears in 7 contracts

Samples: Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.)

Lender Obligations Several. The failure of any Lender to make the Advance advance a Loan to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation, if any, obligation to make its Advance on the date of such Borrowingdo so. No Lender shall be responsible for the failure of any other Lender to make the Advance to be made by such other Lender advance a Loan on the date of any Borrowingrequested Borrowing Date.

Appears in 6 contracts

Samples: Credit Agreement (Transatlantic Petroleum Ltd.), Credit Agreement (Transatlantic Petroleum Ltd.), Credit Agreement (Transatlantic Petroleum Ltd.)

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

Appears in 5 contracts

Samples: Credit Agreement (MxEnergy Holdings Inc), Credit Agreement (Total Gas & Electricity (PA) Inc), Revolving Credit Agreement (Seahawk Drilling, Inc.)

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

Appears in 5 contracts

Samples: Credit Agreement (Silver Run Acquisition Corp II), Credit Agreement (Alta Mesa Holdings, LP), Credit Agreement (Alta Mesa Holdings, LP)

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

Appears in 4 contracts

Samples: Credit Agreement (Global Industries LTD), Credit Agreement (Global Industries LTD), Credit Agreement (Global Industries LTD)

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

Appears in 4 contracts

Samples: Credit Agreement (Helmerich & Payne, Inc.), Credit Agreement (Helmerich & Payne Inc), Credit Agreement (Helmerich & Payne Inc)

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

Appears in 3 contracts

Samples: Credit Agreement, Senior Secured Term Loan Agreement (Seritage Growth Properties), Senior Unsecured Term Loan Agreement (Seritage Growth Properties)

AutoNDA by SimpleDocs

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

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Meristar Hospitality Corp), Senior Secured Credit Agreement (Meristar Hotels & Resorts Inc)

Lender Obligations Several. The failure of any Lender to make the Advance to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation, if any, to make its Advance on the date of such Borrowing. No Lender shall be responsible for the failure of any other Lender to make the Advance to be made by such other Lender on the date of any Borrowing. Section 1. 0c Reduction and Termination of the Commitments.

Appears in 1 contract

Samples: Credit Agreement (CorEnergy Infrastructure Trust, Inc.)

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

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Vantage Drilling CO)

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

Appears in 1 contract

Samples: Credit Agreement (Continental Resources Inc)

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