Nature of Obligation under this Agreement. (a) The obligations of each Lender and of the Agent under this Agreement are several. The failure of any Lender to carry out its obligations hereunder shall not relieve the other Lenders, the Agent or the Borrower of any of their respective obligations hereunder.
Appears in 6 contracts
Samples: Credit Agreement (SemGroup Corp), Credit Agreement (SemGroup Corp), Assignment and Assumption (Kinder Morgan Canada LTD)
Nature of Obligation under this Agreement. (a1) The obligations of each Lender and of the Agent under this Agreement are several. The failure of any Lender to carry out its obligations hereunder shall not relieve the other Lenders, the Agent or the Borrower of any of their respective obligations hereunder.
Appears in 3 contracts
Samples: Credit Agreement (Pacific Energy Partners Lp), Credit Agreement (Trident Resources Corp), Credit Agreement (Potash Corp of Saskatchewan Inc)
Nature of Obligation under this Agreement. (a) The obligations of each Lender and of the Agent under this Agreement are several. The failure of any Lender to carry out its obligations hereunder shall not relieve the other Lenders, the Agent or the Borrower Borrowers of any of their respective obligations hereunder.
Appears in 2 contracts
Samples: Assignment and Assumption (Kinder Morgan, Inc.), Assignment and Assumption (Kinder Morgan, Inc.)
Nature of Obligation under this Agreement. (a1) The obligations of each Lender and of the each Agent under this Agreement are several. The failure of any Lender to carry out its obligations hereunder shall not relieve the other Lenders, the Agent Agents or the Borrower Borrowers of any of their respective obligations hereunder.
Appears in 1 contract
Samples: Credit Agreement (Nexen Inc)
Nature of Obligation under this Agreement. (a) The obligations of each Lender and of the Administrative Agent under this Agreement are several. The failure of any Lender to carry out its obligations hereunder shall not relieve the other Lenders, the Administrative Agent or the Borrower of any of their respective obligations hereunder. Neither the Administrative Agent nor any Lender shall be responsible for the obligations of any other Lender hereunder.
Appears in 1 contract
Samples: Credit Agreement (Keyspan Corp)
Nature of Obligation under this Agreement. (a) The obligations of each Lender and of the Agent under this Agreement are several. The failure of any Lender to carry out its obligations hereunder shall not relieve the other Lenders, the Agent or the Borrower of any of their respective obligation... (b) Neither the Agent nor any Lender shall be responsible for the obligations of any other Lender hereunder.
Appears in 1 contract
Samples: Credit Agreement
