Common use of Nature of Lenders’ Obligations with Respect to Loans Clause in Contracts

Nature of Lenders’ Obligations with Respect to Loans. Each Lender shall be obligated to participate in each request for Loans pursuant to Section 2.5 [Loan Requests] in accordance with its Ratable Share. The obligations of each Lender hereunder are several. The failure of any Lender to perform its obligations hereunder shall not affect the Obligations of the Borrower to any other party nor shall any other party be liable for the failure of such Lender to perform its obligations hereunder. The Lenders shall have no obligation to make Loans hereunder on or after the Maturity Date.

Nature of Lenders’ Obligations with Respect to Loans. Each Lender shall be obligated to participate in each request for Loans pursuant to Section 2.5 [Loan Requests] 2.4 in accordance with its Ratable ShareCommitment Percentage. The obligations of each Lender hereunder are several. The failure of any Lender to perform its obligations hereunder shall not affect the Obligations obligations of the Borrower Borrowers to any other party hereunder, nor shall any other party be liable for the failure of such any Lender to perform its obligations hereunder. The Lenders shall have no obligation to make Revolver Loans hereunder or Swing Line Loans on or after the Maturity Termination Date.

Nature of Lenders’ Obligations with Respect to Loans. Each Lender shall be obligated to participate in each request for Loans pursuant to Section 2.5 [Loan Requests] 2.4 in accordance with its Ratable ShareCommitment Percentage. The obligations of each Lender hereunder are several. The failure of any Lender to perform its obligations hereunder shall not affect the Obligations obligations of the Borrower Borrowers to any other party hereunder, nor shall any other party be liable for the failure of such any Lender to perform its obligations hereunder. The Lenders shall have no obligation to make any Loans hereunder on or after the Maturity Conversion Date.