Common use of Lender Obligations Several Clause in Contracts

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

Appears in 6 contracts

Samples: Credit Agreement (Willbros Group, Inc.\NEW\), Credit Agreement (Willbros Group, Inc.\NEW\), Credit Agreement (Willbros Group, Inc.\NEW\)

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

Appears in 3 contracts

Samples: Credit Agreement (Vantage Drilling International), Credit Agreement, Credit Agreement

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

Appears in 2 contracts

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

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

Appears in 2 contracts

Samples: Credit Agreement (Corpbanca/Fi), Credit Agreement (Corpbanca/Fi)

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

Appears in 1 contract

Samples: Credit Agreement (Trans Energy Inc)

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