Nature of rights and obligations of the Lenders. (a) The obligations of the Lenders under this Agreement are several. Failure of a Lender to carry out its obligations under this Agreement shall not relieve any other party hereto of any of its obligations under this Agreement. No Lender shall be responsible for the obligations of any other Lender hereunder.
Appears in 7 contracts
Samples: First Supplemental Agreement (KNOT Offshore Partners LP), Second Supplemental Agreement, Guarantee Agreement (KNOT Offshore Partners LP)