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

Nature of Lenders’ Obligations with Respect to Revolving Credit Loans. Each Lender shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 hereof in accordance with its Ratable Share. The aggregate principal amount of each Lender's Revolving Credit Loans outstanding hereunder to the Borrower at any time shall never exceed such Lender's Ratable Share of the aggregate Revolving Credit Commitments or the Borrowing Base, whichever is less, minus such Lender's Ratable Share of the sum of (i) Swingline Loans outstanding, (ii) the aggregate Stated Amount of outstanding Letters of Credit and (iii) the aggregate amount of Unreimbursed L/C Draws. 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, or any other Lender, to any other party nor shall the Borrower, or any other Lender, be liable for the failure of such Lender to perform its obligations hereunder. The Lenders shall have no obligation to make Revolving Credit Loans hereunder on or after the relevant Expiration Date.

Nature of Lenders’ Obligations with Respect to Revolving Credit Loans. Each Lender shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 hereof 2.5 [Revolving Credit Loan Requests; Swing Loan Requests] in accordance with its Ratable Share. The aggregate principal Dollar Equivalent amount of each Lender's ’s Revolving Credit Loans outstanding hereunder to the Borrower at any time shall never exceed such Lender's Ratable Share of the aggregate its Revolving Credit Commitments or the Borrowing Base, whichever is less, Commitment minus such Lender's its Ratable Share of the sum of (i) Swingline Loans outstanding, (ii) the aggregate Stated Amount Dollar Equivalent amount of outstanding Letters of Credit and (iii) Outstanding, subject to Section 4.5.6 [Mandatory Prepayment Currency Fluctuations] plus the aggregate then outstanding amount of Unreimbursed L/C Drawsthe Swing Loans not being repaid with the Revolving Credit Loan then being requested, if any. The obligations of each Lender hereunder are severalseveral and not joint. The failure of any Lender to perform its obligations hereunder shall not affect the obligations Obligations of the Borrower, or any other Lender, Borrower to any other party nor shall the Borrower, or any other Lender, party be liable for the failure of such Lender to perform its obligations hereunder. The Lenders shall have no obligation to make Revolving Credit Loans hereunder on or after the relevant Expiration Date except in accordance with Section 2.10.3.3 in the case of any Letter of Credit drawn on or after the Expiration Date.

Nature of Lenders’ Obligations with Respect to Revolving Credit Loans. Each Lender shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 hereof in accordance with its Ratable Share. The aggregate principal amount of each Lender's Revolving Credit Loans outstanding hereunder to the Borrower at any time shall never exceed such Lender's Ratable Share of the aggregate Revolving Credit Commitments or the Borrowing Base, whichever is lessCommitments, minus such Lender's Ratable Share of the sum of (i) Swingline Loans outstanding, (ii) the aggregate Stated Amount of outstanding Letters of Credit and (iii) the aggregate amount of Unreimbursed L/C Draws. 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, or any other Lender, to any other party nor shall the Borrower, or any other Lender, be liable for the failure of such Lender to perform its obligations hereunder. The Lenders shall have no obligation to make Revolving Credit Loans hereunder on or after the relevant Expiration Date.

Nature of Lenders’ Obligations with Respect to Revolving Credit Loans. Each Lender shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.05 hereof 2.5 [Revolving Credit Loan Requests] and deemed requests for DOJ/EPA Loans pursuant to Section 2.9.2 [Disbursements, Reimbursement] in accordance with its Ratable Share. The aggregate principal amount of each Lender's ’s Revolving Credit Loans outstanding hereunder to the Borrower at any time shall never exceed such Lender's its Revolving Credit Commitment minus its Ratable Share of the aggregate Revolving Credit Commitments or the Borrowing Base, whichever is less, minus such Lender's Ratable Share of the sum of (i) Swingline Loans outstanding, (ii) the aggregate Stated Amount of outstanding Letters Letter of Credit and Obligations (iii) other than the DOJ/EPA Letter of Credit Obligations). The aggregate amount of Unreimbursed Leach Lender’s DOJ/C DrawsEPA Loans outstanding hereunder to the Borrower at any time shall never exceed its DOJ/EPA Letter of Credit Commitment. 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, or any other Lender, Borrower to any other party nor shall the Borrower, or any other Lender, party be liable for the failure of such Lender to perform its obligations hereunder. The Lenders shall have no obligation to make Revolving Credit Loans hereunder on or after the relevant Expiration Date.