Common use of Lenders’ Obligations Several Clause in Contracts

Lenders’ Obligations Several. The obligations of each Lender under this Agreement are several. Neither Agent, Collateral Agent nor any Lender shall be liable for the failure of any other Lender to perform its obligations under this Agreement.

Appears in 5 contracts

Samples: Credit Agreement (Bally Total Fitness Holding Corp), Credit Agreement (Bally Total Fitness Holding Corp), Credit Agreement (Bally Total Fitness Holding Corp)

AutoNDA by SimpleDocs

Lenders’ Obligations Several. The obligations of each Lender under this Agreement are several. Neither the Administrative Agent, the Revolving Credit Agent, the Collateral Agent nor any Lender shall be liable for the failure of any other Lender to perform its obligations under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Bally Total Fitness Holding Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.