Several Obligation Sample Clauses

Several Obligation. No Loan Allottee shall be liable under its respective WGFP Allotment Contract for the obligations of any other Loan Allottee except as expressly set forth in Section 5.4 hereof. Each Loan Allottee shall be solely responsible and liable for performance of its obligations under its respective WGFP Allotment Contract. The obligation of each Loan Allottee to make payments under its respective WGFP Allotment Contract is a several obligation and not a joint obligation with those of the other WGFP Allottees.
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Several Obligation. The obligations of RBS, each Consenting EPL Bank, each Significant Creditor, each Consenting Bondholder and BNFL under this Agreement are several. No Consenting EPL Bank, Significant Creditor, Consenting Bondholder, RBS or BNFL shall be liable for any breach by any other such party of that party’s obligations under this Agreement.
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Several Obligation. The obligation of each Bank and each Noteholder to purchase assignments of Financial Obligations in accordance with the terms of this Agreement is a several and not a joint obligation.
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Several Obligation. No Project Agreement Member shall be liable under this Project Agreement for the obligations of any other Project Agreement Member except as expressly set forth in Section 6.3 hereof in the case of Step-Up Project Agreement Members. Each Project Agreement Member shall be solely responsible and liable for performance of its obligations under this Project Agreement. The obligation of each Project Agreement Member to make payments under this Project Agreement is a several obligation and not a joint obligation with those of the Project Agreement Members.
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Several Obligation. Nothing in this Section or elsewhere in this Agreement or the other Loan Documents shall be deemed to require Administrative Agent to advance funds on behalf of any Lender or to relieve any Lender from its obligation to fulfill its Commitments hereunder or to prejudice any rights that any Borrower may have against any Lender as a result of any default by any Lender hereunder in fulfilling its Commitments. 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 or any of the other Loan 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.
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Several Obligation. Each of the Stockholders has signed this letter agreement intending to be bound severally thereby and not to be bound as joint obligors. * * * * Please confirm our agreement with you by signing a copy of this letter. STOCKHOLDER NUMBER OF NAME AND ADDRESS SHARES SIGNATURES ---------------- --------- ---------- Xxxxxx X. Xxxxx 11,551 ______________________________ Xxxxxxx Xxxxx 40,000 (Options) Xxxxxx X. Xxxxx Centerpoint Bank 000 Xxxxx Xxxxx Xxxx ______________________________ Xxxxxxx, XX 00000 Xxxxxxx Xxxxx Xx. Xxxxxx X. Bethke 89,496 ______________________________ President Xxxxxx Xxxxxx, individually Concord Oil Company and as Trustee of Musterfield 147 Xxxxxx Road Realty Trust Xxxxxxx, XX 00000 ______________________________ Xxxxxxxx X. Xxxxxx, Trustee of Xxxxxxxx X. Xxxxxx Revocable Trust Concord Oil Company By: __________________________ President Xx. Xxxxxx X. Bogers 20,383 Xxxxxx Xxxxxx ______________________________ Xxxxxxx Xxxxxx Xxxxxx X. Xxxxxx, individually 0 Xxxxxxxx Xxx and as custodian for Xxxxxxxx Xxxxxxx, Xxx Xxxxxxxxx 00000 and Xxxxxxx ______________________________ Xxxxxx Xxxxxx ______________________________ Xxxxxxx Xxxxxx Xxxxxx X. Xxxxx 30,500 ______________________________ Xxxxxx X. Xxxxx, individually and as beneficiary of Xxxx Xxxxxx XXX 57 STOCKHOLDER NUMBER OF NAME AND ADDRESS SHARES SIGNATURES ---------------- --------- ---------- Xx. Xxxx X. Clarke, Jr. 7,499 _________________________________ 000 Xxxx Xxx Xxxx Xxxx X. Xxxxxx, Xx. Epping, New Hampshire 03042 Xxxx X. xxXxxxxxxxxxx 10,000 _________________________________ Lighthouse Press Xxxx X. xxXxxxxxxxxxx, 000 Xxxx Xxxxxxxxxx Xxxx Xxxxx individually and as Trustee of Xxxxxxxxxx, XX 00000 d'Argent Financial Trust Xxxx X. Xxxxx 7,500 (options) _________________________________ Xxxx X. Xxxxx Xxxxxx X. Xxxxxxx 35,833 _________________________________ Hemming Associates Xxxxxx X. Xxxxxxx North Bridge Business Center 00 Xxxxxxxxxxxx Xxxxxxxxx, Xxxx 00 Xxxxxx, XX 00000
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Several Obligation. It is expressly acknowledged and agreed that DLJ Guarantor’s obligation to make the DLJ Contribution and Morgans Guarantor’s obligation to make the Morgans Contribution shall be several obligations of the applicable Guarantor, and not joint or joint and several obligations of the Guarantors. Notwithstanding the above, in the event of non-payment at Closing by a Guarantor of its respective portion of the Guarantor Contribution, the other Guarantor may (but shall not be obligated to) make such payment of the unpaid portion of the Guarantor Contribution, and the requirements of Sections 2.1 and 2.2 shall be deemed satisfied so long as the entire Guarantor Contribution is paid at the Closing, regardless of the source. In such event, the non-paying Guarantor shall be obligated to reimburse immediately the paying Guarantor for the amount of the non-paying Guarantor’s portion of the Guarantor Contribution paid by the paying Guarantor.
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Several Obligation. [Imperative]
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Several Obligation. The obligations of the Underwriters herein are several and not joint or joint and several. No Underwriter will be liable for any act, omission, default or conduct by any other Underwriter or any Selling Firm appointed by any other Underwriter.
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Related to Several Obligation

  • Several Obligations No Lender shall be responsible for the failure of any other Lender to make a Loan or to perform any other obligation to be made or performed by such other Lender hereunder, and the failure of any Lender to make a Loan or to perform any other obligation to be made or performed by it hereunder shall not relieve the obligation of any other Lender to make any Loan or to perform any other obligation to be made or performed by such other Lender.

  • Joint and Several Obligation The obligations of the Guarantors under this Guaranty are joint and several obligations of each Guarantor and may be freely enforced against each Guarantor, for the full amount of the Guaranteed Obligations, without regard to whether enforcement is sought or available against any other Guarantor.

  • General Obligation Except as permitted by Clause 14.2, all Confidential Information shall be held confidential during and after the continuance of this contract and shall not be divulged in any way to any third party without the prior written approval of the other party.

  • Borrowings; Several Obligations Each Loan shall be made as part of a Borrowing consisting of Loans made by the Lenders ratably in accordance with their respective Commitments. The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required.

  • Joint and Several Obligations Except as otherwise stated herein, the obligations of NYISO, Developer and Connecting Transmission Owner are several, and are neither joint nor joint and several.

  • Several Obligations; No Liability Notwithstanding that certain of the Loan Documents now or hereafter may have been or will be executed only by or in favor of Agent in its capacity as such, and not by or in favor of the Lenders, any and all obligations on the part of Agent (if any) to make any credit available hereunder shall constitute the several (and not joint) obligations of the respective Lenders on a ratable basis, according to their respective Commitments, to make an amount of such credit not to exceed, in principal amount, at any one time outstanding, the amount of their respective Commitments. Nothing contained herein shall confer upon any Lender any interest in, or subject any Lender to any liability for, or in respect of, the business, assets, profits, losses, or liabilities of any other Lender. Each Lender shall be solely responsible for notifying its Participants of any matters relating to the Loan Documents to the extent any such notice may be required, and no Lender shall have any obligation, duty, or liability to any Participant of any other Lender. Except as provided in Section 15.7, no member of the Lender Group shall have any liability for the acts of any other member of the Lender Group. No Lender shall be responsible to any Borrower or any other Person for any failure by any other Lender (or Bank Product Provider) to fulfill its obligations to make credit available hereunder, nor to advance for such Lender (or Bank Product Provider) or on its behalf, nor to take any other action on behalf of such Lender (or Bank Product Provider) hereunder or in connection with the financing contemplated herein.

  • General Obligations 1. Each Party shall apply its measures relating to the provisions of this Chapter in accordance with Article 116 (General Principles) and, in particular, shall expeditiously apply those measures so as to avoid unduly impairing or delaying trade in goods or services or conduct of investment activities under this Agreement. 2. Nothing in this Chapter shall be construed to prevent a Party from applying measures to regulate the entry of natural persons into, or their temporary stay in, its territory, including those measures necessary to protect the integrity of, and to ensure the orderly movement of natural persons across, its borders, provided that such measures are not applied in such a manner as to unduly impair or delay trade in goods or services or conduct of investment activities under this Agreement.

  • Several Obligations; Remedies Independent The failure of any Lender to make any Loan to be made by it on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan on such date, but neither any Lender nor any Agent shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender, and (except as otherwise provided in Section 4.6 hereof) no Lender shall have any obligation to any Agent or any other Lender for the failure by such Lender to make any Loan required to be made by such Lender. The amounts payable by the Company at any time hereunder and under the Note to each Lender shall be a separate and independent debt and each Lender shall be entitled to protect and enforce its rights arising out of this Agreement and the Notes, and it shall not be necessary for any other Lender or any Agent to consent to, or be joined as an additional party in, any proceedings for such purposes.

  • General Obligations of the Parties A. Recognition of Higher Education Partner, Promotion, Marketing, and Advertising 1) When reporting and publicizing high school students’ completion of dual credit courses, degrees, or certificates, Xxxxxxx ISD will recognize Collin College as their higher education partner awarding college credit. Both Parties agree not to use the other Party’s name, logo, or likeness in any press release, marketing materials, or other public announcements without receiving prior written approval from an authorized designee. B. Understanding of the Parties 1) Both parties understand the safety and security risks inherent with minors and agree that certain risks may be unforeseeable. Further, the Parties agree that the public safety departments from both Collin College and Xxxxxxx ISD will collaborate to develop and/or review safety and security standards and/or guidelines, including emergency response. 2) In accordance with FERPA, Collin College and Xxxxxxx ISD will protect students’ privacy and guard against the unauthorized release of identifying student information and records, and comply with all applicable requirements of FERPA.

  • Several Obligations; Nonreliance; Violation of Law The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. Each Lender hereby represents that it is not relying on or looking to any margin stock (as defined in Regulation U of the Board) for the repayment of the Borrowings provided for herein. Anything contained in this Agreement to the contrary notwithstanding, neither the Issuing Bank nor any Lender shall be obligated to extend credit to the Borrowers in violation of any Requirement of Law.

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