Obligations Several. The obligation of each Lender hereunder is several, and no Lender shall be responsible for the obligation or commitment of any other Lender hereunder. Nothing contained in this Agreement and no action taken by the Lenders pursuant hereto shall be deemed to constitute the Lenders to be a partnership, an association, a joint venture or any other kind of entity.
Appears in 12 contracts
Samples: Loan and Security Agreement (Ubiquiti Networks, Inc.), Loan and Security Agreement (Ubiquiti Networks, Inc.), Loan and Security Agreement (Ubiquiti Networks, Inc.)
Obligations Several. The obligation obligations of each Lender the Lenders hereunder is several, are several and no Lender shall be responsible for the obligation or commitment of any other Lender hereundernot joint. Nothing contained in this Agreement and no action taken by Agent or the Lenders pursuant hereto shall be deemed to constitute the Lenders to be a partnership, an association, a joint venture or other entity. No default by any Lender hereunder shall excuse the other Lenders from any obligation under this Agreement; but no Lender shall have or acquire any additional obligation of any kind by reason of entitysuch default.
Appears in 8 contracts
Samples: Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc)
Obligations Several. The obligation of each Lender hereunder is several, and no Lender shall be responsible for the any obligation or commitment of any other Lender hereunder. Nothing contained in this Agreement and no action taken by the Lenders pursuant hereto shall be deemed to constitute the Lenders to be a partnership, an association, a joint venture or any other kind of another entity.
Appears in 4 contracts
Samples: Credit Agreement (Mattel Inc /De/), Credit Agreement (Mattel Inc /De/), Credit Agreement (Mattel Inc /De/)
Obligations Several. The obligation obligations of each Lender the Lenders hereunder is several, are several and no Lender shall be responsible for the obligation or commitment of any other Lender hereundernot joint. Nothing contained in this Agreement and no action taken by the Lenders any Lender pursuant hereto shall be deemed to constitute the Lenders to be a partnership, an association, a joint venture or any other kind of entity.
Appears in 3 contracts
Samples: Term Loan Agreement (Green Plains Inc.), Credit Agreement (Patriot National, Inc.), Term Loan Agreement (Green Plains Inc.)
Obligations Several. The obligation of each Lender hereunder is ------------------- several, and no Lender shall be responsible for the obligation or commitment of any other Lender hereunder. Nothing contained in this Agreement and no action taken by the Lenders pursuant hereto shall be deemed to constitute the Lenders to be a partnership, an association, a joint venture or any other kind of entity.
Appears in 2 contracts
Samples: Credit Agreement (Bei Technologies Inc), Credit Agreement (P Com Inc)
Obligations Several. The obligation of each Lender hereunder is several, and no neither the Agent nor any Lender shall be responsible for the obligation or commitment of any other Lender hereunder, nor will the failure of any Lender to perform any of its obligations hereunder relieve the other Lenders from the performance of their respective obligations hereunder. Nothing contained in this Agreement or any other Multistate Loan Document, and no action taken by the Lenders pursuant hereto or thereto, shall be deemed to constitute the Lenders to be a partnership, an association, a joint venture or any other kind of entity.
Appears in 1 contract
Samples: Loan Agreement (Courtyard by Marriott Limited Partnership)
Obligations Several. The obligation of each Lender hereunder is several, and no Lender shall be responsible for the obligation or commitment of any other Lender hereunder. Nothing contained in this Agreement and no action taken by the Lenders pursuant hereto shall be deemed to constitute the Lenders to be a partnership, an association, a joint venture venture, or any other kind of entity.
Appears in 1 contract
Obligations Several. The obligation obligations of each Lender the Lenders hereunder is several, are several and no Lender shall be responsible for the obligation obligations or commitment Revolving Commitments of any other Lender hereunder. Nothing contained herein or in this Agreement any other Credit Document, and no action taken by the Lenders pursuant hereto or thereto, shall be deemed to constitute the Lenders to be as a partnership, an association, a joint venture or any other kind of entity.
Appears in 1 contract
Samples: Revolving Credit and Guaranty Agreement (Xerium Technologies Inc)
Obligations Several. The obligation obligations of each Lender Lenders hereunder is several, are several and no Lender shall be responsible for the obligation obligations or commitment Commitment of any other Lender hereunder. Nothing contained herein or in this Agreement any other Facility Document, and no action taken by the Lenders pursuant hereto or thereto, shall be deemed to constitute the Lenders to be as a partnership, an association, a joint venture or any other kind of entity.. 109
Appears in 1 contract
Samples: First Lien Credit Agreement (CURO Group Holdings Corp.)
Obligations Several. The obligation of each Lender hereunder is several, and no Lender shall be responsible for the any obligation or commitment of any other Lender hereunder. Nothing contained in this Agreement Agreement, and no action taken by the Lenders pursuant hereto hereto, shall be deemed to constitute the Lenders to be a partnership, an association, a joint venture or any other kind of another entity.
Appears in 1 contract
Obligations Several. The obligation obligations of each Lender Lenders hereunder is several, are several and no Lender shall be responsible for the obligation obligations or commitment Commitment of any other Lender hereunder. Nothing contained herein or in this Agreement any other Loan Document, and no action taken by the Lenders pursuant hereto or thereto, shall be deemed to constitute the Lenders to be as a partnership, an association, a joint venture or any other kind of entity.
Appears in 1 contract
Samples: Senior Subordinated Loan Agreement (Falcon Financial Investment Trust)
Obligations Several. The obligation of each Lender hereunder is ------------------- several, and no Lender shall be responsible for the obligation or commitment Commitment of any other Lender hereunder. Nothing contained in this Agreement or the Related Documents and no action taken by the Lenders pursuant hereto or thereto shall be deemed to constitute the Lenders to be a partnership, an association, a joint venture or any other kind of entity.
Appears in 1 contract
Samples: Penncorp Financial Group Inc /De/