Nature of a Finance Party’s rights and obligations. (a) The obligations of a Finance Party under the Finance Documents are several. Failure of a Finance Party to carry out those obligations does not relieve any other Party of its obligations under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.
Appears in 52 contracts
Samples: Agreement (Liberty Global PLC), Agreement (Liberty Global, Inc.), Agreement (Anglogold Ashanti LTD)
Nature of a Finance Party’s rights and obligations. (a) 2.2.1 The obligations of a Finance Party under the Finance Documents are severalseveral ("conjointes et non solidaires"). Failure of a Finance Party to carry out those obligations does not relieve any other Party of its obligations under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.
Appears in 2 contracts
Samples: Schneider Electric Se, www.se.com
Nature of a Finance Party’s rights and obligations. (a) 2.7.1 The obligations of a Finance Party under the Finance Documents are several. Failure of a Finance Party to carry out those obligations does not relieve affect the obligations of any other Party of its obligations under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.
Appears in 1 contract
Samples: Facilities Agreement (British American Tobacco p.l.c.)
Nature of a Finance Party’s rights and obligations. (aA) The obligations of a Finance Party under the Finance Documents are several. Failure of by a Finance Party to carry out those obligations does not relieve any other Party of its obligations under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.
Appears in 1 contract
Samples: Agreement (Tomkins PLC)
Nature of a Finance Party’s rights and obligations. (a) The obligations of a Finance Party under the Finance Documents are severalseveral (“conjoint et non solidaire”). Failure of a Finance Party to carry out those obligations does not relieve any other Party of its obligations under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.
Appears in 1 contract
Samples: Agreement (Schneider Electric Sa)
Nature of a Finance Party’s rights and obligations. (a) 2.5.1 The obligations of a Finance Party under the Finance Documents are several. Failure of a Finance Party to carry out those obligations does not relieve any other Party of its obligations under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.
Appears in 1 contract
Samples: Facility Agreement (British American Tobacco p.l.c.)
Nature of a Finance Party’s rights and obligations. (a) The obligations of a Finance Party under the Finance Documents are several. Failure of a Finance Party to carry out those its obligations does under the Finance Documents shall not relieve any other Party of any of its obligations under the Finance Documents. No Finance Party is shall be responsible for the obligations of any other Finance Party under the Finance Documents.
Appears in 1 contract
Samples: Facility Agreement (Securitas Ab)
Nature of a Finance Party’s rights and obligations. (a) The obligations of a Finance Party under the Finance Documents are severalseparate and independent. Failure of a Finance Party to carry out those obligations does not relieve any other Party of its obligations under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.
Appears in 1 contract
Samples: Agreement (Anglogold Ashanti LTD)
Nature of a Finance Party’s rights and obligations. (a) 2.5.1 The obligations of a Finance Party under the Finance Documents are several. Failure of a Finance Party to carry out those obligations does not relieve affect the obligations of any other Party of its obligations under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.
Appears in 1 contract
Samples: Facility Agreement (British American Tobacco p.l.c.)
Nature of a Finance Party’s rights and obligations. (a) The Save as otherwise documented in the Members Agreement, the obligations of a each Finance Party under the Finance Documents are several. Failure of a Finance Party to carry out those obligations does not relieve or affect the obligations of any other Party of its obligations under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.
Appears in 1 contract
Samples: Fundco Facility Agreement
