Common use of Nature of Banks' Obligations with Respect to Revolving Credit Loans Clause in Contracts

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s Revolving Credit Loans outstanding hereunder to the Borrowers at any time shall never exceed its Revolving Credit Commitment. The obligations of each Bank hereunder are several and not joint. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.5 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letter of Credit Outstandings. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.5.1 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letters of Credit Outstanding. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.4 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the amount of Letters of Credit Outstanding. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.4 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s Revolving Credit Loans outstanding hereunder to the Borrowers at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letter of Credit Outstandings. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers at any time shall never exceed its Revolving Credit Commitment. The obligations of each Bank hereunder are several and not joint. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2. 5.1 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letters of Credit Outstanding. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 [2.4 (Revolving Credit Loan Requests] ; Swing Loan Requests) in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letter of Credit Outstandings. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 [Revolving Credit Loan Requests] 2.4 in accordance with its Ratable Share. The aggregate Principal Amount Dollar Equivalent amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers at any time shall never exceed its Revolving Commitment minus its Ratable Share of the Dollar Equivalent amount of Letters of Credit CommitmentOutstanding, subject to subsection 2.15(c). The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations obligations of the Borrowers to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Termination Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.4.1 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letters of Credit Outstanding. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 [Revolving Credit Loan Requests] hereof in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the aggregate undrawn face amount of outstanding Letters of Credit. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations obligations of the Borrowers to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 [Revolving Credit Loan Requests] 2.5(a) hereof in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment less its Ratable Share of the Letter of Credit Outstandings. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations obligations of any other Bank or the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.5 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers at any time shall never not exceed its such Bank's Revolving Credit CommitmentCommitment minus its Ratable Share of the Letter of Credit Outstandings. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Revolving Credit Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.5 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Commitment minus its Ratable Share of the Letter of Credit CommitmentOutstandings. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.5 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letters of Credit Outstanding. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.4 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letter of Credit Outstandings. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 [Revolving Credit Loan Requests] 2.4 in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letter of Credit Outstandings. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor the several obligations of the other Banks to the Borrower; nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.4 [Revolving Credit Loan Requests; Swing Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letter of Credit Outstandings. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 [Revolving Credit Loan Requests] hereof in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the aggregate undrawn face amount of Letters of Credit Outstanding. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations obligations of the Borrowers to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.5 [Revolving Credit Loan Requests, Etc.] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letters of Credit Outstanding. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party party, nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in fund a portion of each request for Revolving Credit Loans Loan pursuant to Section 2.05 2.4 [Making Revolving Credit Loan RequestsLoans] in accordance with an amount equal to its Ratable ShareShare of such Revolving Credit Loan. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit Commitment. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect any other Bank's commitment or the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.4 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letter of Credit Outstanding. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount principal amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit Commitment. The obligations of each Bank hereunder are several and not joint. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.5.1 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letter of Credit Obligations. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.4 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s Revolving Credit Loans outstanding hereunder to the Borrowers at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letters of Credit Outstanding. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 2.5 [Revolving Credit Loan Requests] in accordance with its Ratable Share. The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letter of Credit Outstandings. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans or issue any Letters of Credit hereunder on or after the Expiration Date.

Nature of Banks' Obligations with Respect to Revolving Credit Loans. Each Bank shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 [Revolving Credit Loan Requests] 2.5 in accordance with its Ratable ShareShare (a "Required Advance"). The aggregate Principal Amount of each Bank’s 's Revolving Credit Loans outstanding hereunder to the Borrowers Borrower at any time shall never exceed its Revolving Credit CommitmentCommitment minus its Ratable Share of the Letter of Credit Outstandings. The obligations of each Bank hereunder are several and not jointseveral. The failure of any Bank to perform its obligations hereunder shall not affect the Obligations of the Borrowers Borrower to any other party nor shall any other party be liable for the failure of such Bank to perform its obligations hereunder. The Banks shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date.