Common use of Lenders’ Obligations Several Clause in Contracts

Lenders’ 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 5 contracts

Samples: Third Amended and Restated Credit Agreement (HF Sinclair Corp), Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Holly Energy Partners Lp)

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Lenders’ Obligations Several. The failure of any Lender to make the an Advance to be made by it as part of any Borrowing or to perform any other obligation hereunder shall not relieve any other Lender of its obligation, if any, to make its Advance on the date of applicable Borrowing Date or perform such Borrowingother Lender’s obligations hereunder. 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 or any other Lender’s failure to perform its obligations under any Loan Document.

Appears in 3 contracts

Samples: Credit Agreement (Cig Wireless Corp.), Credit Agreement (Cig Wireless Corp.), Credit Agreement (Cig Wireless Corp.)

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