Common use of Participation Obligations Absolute Clause in Contracts

Participation Obligations Absolute. Each Lender’s obligation to purchase participating interests pursuant to this Article XI shall be absolute and unconditional and shall not be affected by any circumstance including, without limitation, (a) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against any other Lender, any Credit Party or any other Person for any reason whatsoever, (b) the occurrence or continuance of a Default or an Event of Default, (c) any adverse change in the condition (financial or otherwise) of any Credit Party or any other Person, (iv) any breach of this Agreement by any Credit Party, any Lender or any other Person, or (v) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing.

Participation Obligations Absolute. Each Lender’s obligation to purchase participating interests pursuant to this Article XI XII shall be absolute and unconditional and shall not be affected by any circumstance including, without limitation, (a) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against any other Lender, any Credit Party or any other Person for any reason whatsoever, (b) the occurrence or continuance of a Default or an Event of Default, (c) any adverse change in the condition (financial or otherwise) of any Credit Party or any other Person, (iv) any breach of this Agreement by any Credit Party, any Lender or any other Person, or (v) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing.

Participation Obligations Absolute. Each Lender’s obligation to purchase participating interests pursuant to this Article XI XII shall be absolute and unconditional and shall not be affected by any circumstance including, without limitation, (a) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against any other Lender, any Credit Party or any other Person for any reason whatsoever, (b) the occurrence or continuance of a Default or an Event of Default, (c) any adverse change in the condition (financial or otherwise) of any Credit Party or any other Person, (ivd) any breach of this Agreement by any Credit Party, any Lender or any other Person, or (ve) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing.

Participation Obligations Absolute. Each Lender’s obligation to purchase participating interests pursuant to this Article XI Section 11 shall be absolute and unconditional and shall not be affected by any circumstance including, without limitation, (a) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against any other Lender, any Credit Party or any other Person for any reason whatsoever, (b) the occurrence or continuance of a Default or an Event of Default, (c) any adverse change in the condition (financial or otherwise) of any Credit Party or any other Person, (ivi) any breach of this Agreement by any Credit Party, any Lender or any other Person, or (vii) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing.

Participation Obligations Absolute. Each Revolving Lender’s 's obligation to purchase participating interests pursuant to this Article XI XII shall be absolute and unconditional and shall not be affected by any circumstance including, without limitation, (ai) any setoff, counterclaim, recoupment, defense or other right which such Revolving Lender may have against any other Revolving Lender, any Credit Loan Party or any other Person for any reason whatsoever, (bii) the occurrence or continuance of a Default or an Event of Default, (ciii) any adverse change in the condition (financial or otherwise) of any Credit Loan Party or any other Person, (iv) any breach of this Agreement by any Credit Loan Party, any Revolving Lender or any other Person, or (v) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing.

Participation Obligations Absolute. Each Lender’s 's obligation to purchase participating interests pursuant to this Article XI Section 11 shall be absolute and unconditional and shall not be affected by any circumstance including, without limitation, (a) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against any other Lender, any Credit Party or any other Person for any reason whatsoever, (b) the occurrence or continuance of a Default or an Event of Default, (c) any adverse change in the condition (financial or otherwise) of any Credit Party or any other Person, (iv) any breach of this Agreement by any Credit Party, any Lender or any other Person, or (v) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing.

Participation Obligations Absolute. Each Lender’s obligation to purchase participating interests pursuant to this Article XI Section 10.26 shall be absolute and unconditional and shall not be affected by any circumstance including, without limitation, (ai) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against any other Lender, any Credit Loan Party or any other Person for any reason whatsoever, (bii) the occurrence or continuance of a Default or an Event of Default, (ciii) any adverse change in the condition (financial or otherwise) of any Credit Loan Party or any other Person, (iv) any breach of this Agreement by any Credit Loan Party, any Lender or any other Person, or (v) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing.

Participation Obligations Absolute. Each Lender’s obligation to purchase participating interests pursuant to this Article XI X shall be absolute and unconditional and shall not be affected by any circumstance including, without limitation, (a) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against any other Lender, any Credit Party Borrower or any other Person for any reason whatsoever, (b) the occurrence or continuance of a Default or an Event of Default, (c) any adverse change in the condition (financial or otherwise) of any Credit Party Borrower or any other Person, (iv) any breach of this Agreement by any Credit Party, any Lender or any other Person, or (v) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing.

Participation Obligations Absolute. Each Lender’s obligation to purchase participating interests pursuant to this Article XI Section 11 shall be absolute and unconditional and shall not be affected by any circumstance including, without limitation, (a) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against any other Lender, any Credit Party or any other Person for any reason whatsoever, (b) the occurrence or continuance of a Default or an Event of Default, (c) any adverse change in the condition (financial or otherwise) of any Credit Party or any other Person, (iv) any breach of this Agreement by any Credit Party, any Lender or any other Person, or (v) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing.

Participation Obligations Absolute. Each Lender’s 's obligation to purchase participating interests pursuant to this Article XI XII shall be absolute and unconditional and shall not be affected by any circumstance including, without limitation, (a) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against any other Lender, any Credit Party or any other Person for any reason whatsoever, (b) the occurrence or continuance of a Default or an Event of Default, (c) any adverse change in the condition (financial or otherwise) of any Credit Party or any other Person, (iv) any breach of this Agreement by any Credit Party, any Lender or any other Person, or (v) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing.

Participation Obligations Absolute. Each Lender’s 's obligation to purchase participating interests pursuant to this Article XI shall be absolute and unconditional and shall not be affected by any circumstance including, without limitation, (a) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against any other Lender, any Credit Party or any other Person for any reason whatsoever, (b) the occurrence or continuance of a Default or an Event of Default, (c) any adverse change in the condition (financial or otherwise) of any Credit Party or any other Person, (iv) any breach of this Agreement by any Credit Party, any Lender or any other Person, or (v) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing.

Participation Obligations Absolute. Each Lender’s obligation to purchase participating interests pursuant to this Article XI X shall be absolute and unconditional and shall not be affected by any circumstance including, without limitation, (a) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against any other Lender, any Credit Party Borrower or any other Person for any reason whatsoever, (b) the occurrence or continuance of a Default or an Event of Default, (c) any adverse change in the condition (financial or otherwise) of any Credit Party Borrower or any other Person, (ivd) any breach of this Agreement by any Credit Party, any Lender or any other Person, or (ve) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing.