Common use of Several Obligations; Benefits of this Agreement Clause in Contracts

Several Obligations; Benefits of this Agreement. The ----------------------------------------------- respective obligations of the Lenders hereunder are several and not joint and no Lender shall be the partner or agent of any other (except to the extent to which the Agent is authorized to act as such). The failure of any Lender to perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and assigns; provided, however, that the parties hereto expressly agree that the Arranger -------- ------- shall enjoy the benefits of the provisions of Sections 9.7, 9.12 and 10.10 ------------ ---- ----- to the extent specifically set forth therein and shall have the right to enforce such provisions on its own behalf and in its own name to the same extent as if it were a party to this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Gardner Denver Inc), Credit Agreement (Gardner Denver Inc)

AutoNDA by SimpleDocs

Several Obligations; Benefits of this Agreement. The respective ----------------------------------------------- respective obligations of the Lenders hereunder are several and not joint and no Lender shall be the partner or agent of any other (except to the extent to which the Agent is authorized to act as such). The failure of any Lender to perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and assigns; , provided, -------- however, that the parties hereto expressly agree that the Arranger -------- ------- shall enjoy ------- the benefits of the provisions of Sections 9.79.6, 9.12 9.10 and 10.10 ------------ ---- ----- 10.11 to the extent specifically set forth therein and shall have the right to enforce such provisions on its own behalf and in its own name to the same extent as if it were a party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Luiginos Inc)

Several Obligations; Benefits of this Agreement. The respective ----------------------------------------------- respective obligations of the Lenders hereunder are several and not joint and no Lender shall be the partner or agent of any other (except to the extent to which the Agent is authorized to act as such). The failure of any Lender to perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and assigns; , provided, however, that the parties hereto expressly agree that the Arranger -------- ------- shall enjoy the benefits of the provisions of Sections 9.710.6, 9.12 10.10 and 10.10 ------------ ---- ----- 11.11 to the extent specifically set ------------- ----- ----- forth therein and shall have the right to enforce such provisions on its own behalf and in its own name to the same extent as if it were a party to this Agreement.

Appears in 1 contract

Samples: Assignment Agreement (Howmet International Inc)

Several Obligations; Benefits of this Agreement. The respective ----------------------------------------------- respective obligations of the Lenders hereunder are several and not joint and no Lender shall be the partner or agent Administrative Agent of any other (except to the extent to which the Administrative Agent is authorized to act as such). The failure of any Lender to perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and assigns; , provided, however, that the parties hereto expressly agree that the Arranger -------- ------- shall enjoy the benefits of the provisions of Sections 9.79.5, 9.12 9.9 and 10.10 ------------ ---- ----- 10.11 to the extent specifically set forth therein and shall have the right to enforce such provisions on its own behalf and in its own name to the same extent as if it were a party to this Agreement.

Appears in 1 contract

Samples: Assignment Agreement (DPL Inc)

Several Obligations; Benefits of this Agreement. The respective ----------------------------------------------- respective obligations of the Lenders hereunder are several and not joint and no Lender shall be the partner or agent of any other (except to the extent to which the Agent is Agents are authorized to act as such). The failure of any Lender to perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and assigns; , provided, however, that the parties hereto expressly agree that the Arranger -------- ------- shall enjoy the benefits of the provisions of Sections 9.79.6, 9.12 9.10, 10.11, and 10.10 10.13 to the extent ------------ ---- ----- to the extent ----- specifically set forth therein and shall have the right to enforce such provisions on its own behalf and in its own name to the same extent as if it were a party to this Agreement.

Appears in 1 contract

Samples: Day Credit Agreement (Mead Corp)

Several Obligations; Benefits of this Agreement. The ----------------------------------------------- respective obligations of the Lenders hereunder are several and not joint and no Lender shall be the partner or agent of any other (except to the extent to which the Administrative Agent is authorized to act as such). The failure of any Lender to perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and assigns; , provided, however, that the parties hereto expressly agree that the Arranger -------- ------- each Arranger, each Co-Syndication Agent and each Co-Documentation Agent shall enjoy the benefits of the provisions of Sections 9.7, 9.12 9.6 and 10.10 ------------ ---- ----- 9.10 to the extent specifically set forth therein and shall have the right to enforce such provisions on its own behalf and in its own name to the same extent as if it were a party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (New Home Co Inc.)

Several Obligations; Benefits of this Agreement. CHAR1\1170499v7 The ----------------------------------------------- respective obligations of the Lenders hereunder are several and not joint and no Lender shall be the partner or agent of any other (except to the extent to which the Administrative Agent is authorized to act as such). The failure of any Lender to perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and assigns; provided, however, provided that the parties hereto expressly agree that the each Arranger -------- ------- shall enjoy the benefits of the provisions of Sections 9.710.6, 9.12 10.10 and 10.10 ------------ ---- ----- 11.7 to the extent specifically set forth therein and shall have the right to enforce such provisions on its own behalf and in its own name to the same extent as if it were a party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Kansas City Power & Light Co)

AutoNDA by SimpleDocs

Several Obligations; Benefits of this Agreement. The ----------------------------------------------- respective obligations of the Lenders hereunder are several and not joint and no Lender shall be the partner or agent of any other (except to the extent to which the Administrative Agent is authorized to act as such). The failure of any Lender to perform Visa: Amended and Restated Five Year Revolving Credit Agreement any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and assigns; provided, however, provided that the parties hereto expressly agree that the each Arranger -------- ------- shall enjoy the benefits of the provisions of Sections 9.79.5, 9.12 9.8 and 10.10 ------------ ---- ----- 10.7 to the extent specifically set forth therein and shall have the right to enforce such provisions on its own behalf and in its own name to the same extent as if it were a party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Visa Inc.)

Several Obligations; Benefits of this Agreement. The ----------------------------------------------- respective obligations of the Lenders hereunder are several and not joint and no Lender shall be the partner or agent of any other (except to the extent to which the Administrative Agent is authorized to act as such). The failure of any Lender to perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and any Person indemnified under Section 9.6 or any other provision of this Agreement, and their respective successors and assigns; provided, however, provided that the parties hereto expressly agree that the Arranger -------- ------- shall enjoy the benefits of the provisions of Sections 9.79.6, 9.12 9.10 and 10.10 ------------ ---- ----- 10.11 to the extent specifically set forth therein and shall have the right to enforce such provisions on its own behalf and in its own name to the same extent as if it were a party to this Agreement. 9.6.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Idacorp Inc)

Several Obligations; Benefits of this Agreement. The respective ----------------------------------------------- respective obligations of the Lenders hereunder are several and not joint and no Lender shall be the partner or agent of any other (except to the extent to which the Agent is authorized to act as such). The failure of any Lender to perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and assigns; , provided, however, that the parties -------- ------- hereto expressly agree that the Arranger -------- ------- shall enjoy the benefits of the provisions of Sections 9.79.6, 9.12 9.10 and 10.10 ------------ ---- ----- 10.11 to the extent specifically set forth therein and shall have the right to enforce such provisions on its own behalf and in its own name to the same extent as if it were a party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Depuy Inc)

Several Obligations; Benefits of this Agreement. The respective ----------------------------------------------- respective obligations of the Lenders hereunder are several and not joint and no Lender shall be the partner or agent of any other (except to the extent to which the Agent is Agents are authorized to act as such). The failure of any Lender to perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and assigns; , provided, however, that the parties hereto expressly agree that the Arranger -------- ------- shall enjoy the benefits of the provisions of Sections 9.79.6, 9.12 9.10, 10.11, and 10.10 ------------ ---- ----- 10.13 to the extent specifically ------------ ---- ----- ----- set forth therein and shall have the right to enforce such provisions on its own behalf and in its own name to the same extent as if it were a party to this Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mead Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.