Common use of No Release Clause in Contracts

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.3.

Appears in 33 contracts

Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.), Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Ninth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

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No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 13.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.313.2.

Appears in 9 contracts

Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 17.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.317.2.

Appears in 8 contracts

Samples: Loan Agreement (Comcast Uk Cable Partners LTD), Loan Agreement (Cordiant Communications Group PLC /Adr), Loan Agreement (Cordiant Communications Group PLC /Adr)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 15.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.315.2.

Appears in 6 contracts

Samples: Facilities Agreement (Avecia Group PLC), Facilities Agreement (Texas Utilities Electric Co), Facilities Agreement (Tu Acquisitions PLC)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 14.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.314.2.

Appears in 3 contracts

Samples: Bank Loan Agreement, Bank Loan Agreement (QGOG Constellation S.A.), Facility Agreement (Premier Foods PLC)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 Clause 22.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.3Clause 22.2.

Appears in 3 contracts

Samples: Loan Agreement (Stena Ab), Loan Agreement (Stena Ab), Facility Agreement (Stena Ab)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 16.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.316.

Appears in 3 contracts

Samples: Loan Agreement (Telewest Communications PLC /New/), Loan and Note Issuance Agreement (United Pan Europe Communications Nv), Loan Agreement (Telewest Communications PLC /New/)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 16.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.316.2.

Appears in 3 contracts

Samples: Loan Agreement (United Pan Europe Communications Nv), Loan Agreement (United International Holdings Inc), Loan Agreement (United Pan Europe Communications Nv)

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No Release. For the avoidance of doubt it is hereby declared that doubt, any failure by any Recovering Bank to comply with the provisions of clause 13.3 14.1 shall not release any other Recovering Bank from any of its obligations or and liabilities under clause 13.314.1.

Appears in 2 contracts

Samples: Multicurrency Revolving Credit and Guarantee Facility Agreement (Stolt Offshore S A), Revolving Credit Facility Agreement (Aurelia Energy N V)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 15.2 (Pro-rata payments) shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.315.2 (Pro-rata payments).

Appears in 2 contracts

Samples: Facilities Agreement (Txu Europe LTD), Facilities Agreement (Texas Utilities Electric Co)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 17.4 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.317.4.

Appears in 1 contract

Samples: Loan Agreement (Versatel Telecom International N V)

No Release. For the avoidance of doubt it is hereby declared that failure by any Recovering Bank to comply with the provisions of clause 13.3 Clause 18.2 shall not release any other Recovering Bank from any of its obligations or liabilities under clause 13.3Clause 18.2.

Appears in 1 contract

Samples: Facility Agreement (Stena Ab)

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