Common use of Lender’s Failure to Fund Clause in Contracts

Lender’s Failure to Fund. The failure of any Lender to make an Advance on the date of any Borrowing shall not relieve any other Lender of its obligation hereunder, if any, to make its Advance on that date. Neither the Agent nor any Lender shall be responsible for the failure of any other Person to make any Advance hereunder on the date required therefor.

Appears in 4 contracts

Samples: Credit Agreement (Curative Health Services Inc), Security Agreement (Curative Health Services Inc), Credit Agreement (Castle Dental Centers Inc)

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Lender’s Failure to Fund. The failure of any Lender to make an Advance on the date of any Borrowing shall not relieve any other Lender of its obligation hereunder, if any, to make its Advance on that date. Neither the Administrative Agent nor any Lender shall be responsible for the failure of any other Person to make any Advance hereunder on the date required therefor.

Appears in 2 contracts

Samples: Credit Agreement (Medical Staffing Network Holdings Inc), Credit Agreement (Medical Staffing Network Holdings Inc)

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