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.
Appears in 5 contracts
Samples: Credit Agreement (Worthington Industries Inc), Credit Agreement (Worthington Industries Inc), Credit Agreement (Worthington Industries Inc)
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 Anything contained in this Agreement to the contrary notwithstanding, no Lender hereby represents that it is not relying on or looking shall be obligated to any margin stock (as defined extend credit to the Borrowers in Regulation U violation of the Board) for the repayment of the Borrowings provided for hereinapplicable law.
Appears in 4 contracts
Samples: Ascena Retail (Ascena Retail Group, Inc.), Guaranty and Collateral Agreement (Ascena Retail Group, Inc.), Ascena Retail (Ascena Retail Group, Inc.)
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, no Lender shall be obligated to extend credit to the Company in violation of any Requirement of Law.
Appears in 2 contracts
Samples: Credit Agreement (CSK Auto Corp), Credit Agreement (CSK Auto Corp)
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 Anything contained in this Agreement to the contrary notwithstanding, no Lender hereby represents that it is not relying on or looking shall be obligated to any margin stock (as defined extend credit to the Borrower in Regulation U violation of the Board) for the repayment of the Borrowings provided for hereinapplicable law.
Appears in 2 contracts
Samples: Term Credit Agreement (Fossil Group, Inc.), Term Credit Agreement (Tailored Brands Inc)
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 Anything contained in this Agreement to the contrary notwithstanding, neither any Issuing Bank nor any Lender hereby represents that it is not relying on or looking shall be obligated to extend credit to the Borrowers in violation of any margin stock (as defined in Regulation U Requirement of the Board) for the repayment of the Borrowings provided for hereinLaw. SECTION 9.14.
Appears in 2 contracts
Samples: Credit Agreement (Pilgrims Pride Corp), Credit Agreement (Pilgrims Pride Corp)
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.141
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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 Anything contained in this Agreement to the contrary notwithstanding, neither any Issuing Bank nor any Lender hereby represents that it is not relying on or looking shall be obligated to extend credit to the Borrowers in violation of any margin stock (as defined in Regulation U Requirement of the Board) for the repayment of the Borrowings provided for herein.Law. SECTION 9.14
Appears in 1 contract
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 acknowledges that (a) it is not relying on or looking to any margin stock (as defined in Regulation U of the Board) Margin Stock for the repayment of the Borrowings provided for herein.herein and acknowledges that the Collateral shall not include any Margin Stock and (b) it is not 187
Appears in 1 contract
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 Anything contained in this Agreement to the contrary notwithstanding, no Lender hereby represents that it is not relying on or looking shall be obligated to any margin stock (as defined extend credit to the Company in Regulation U violation of the Board) for the repayment of the Borrowings provided for hereinapplicable law.
Appears in 1 contract
Samples: Intercreditor Agreement (Ascena Retail Group, Inc.)
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 (a) it is not relying on or looking to any margin stock (as defined in Regulation U of the Board) Margin Stock for the repayment of the Borrowings provided for herein.herein and acknowledges that the Collateral shall not include any Margin Stock and (b) it is not and will not become a β
Appears in 1 contract
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 Anything contained in this Agreement to the contrary notwithstanding, neither any Issuing Bank nor any Lender hereby represents that it is not relying on or looking shall be obligated to extend credit to the Borrowers in violation of any margin stock (as defined in Regulation U Requirement of the Board) for the repayment of the Borrowings provided for herein.Law. 152
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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 Anything contained in this Agreement to the contrary notwithstanding, no Lender hereby represents that it is not relying on or looking shall be obligated to any margin stock (as defined extend credit to Parentthe Borrower in Regulation U violation of the Board) for the repayment of the Borrowings provided for hereinapplicable law.
Appears in 1 contract
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
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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 Anything contained in this Agreement to the contrary notwithstanding, no Lender hereby represents that it is not relying on or looking shall be obligated to any margin stock (as defined extend credit to Parent in Regulation U violation of the Board) for the repayment of the Borrowings provided for hereinapplicable law.
Appears in 1 contract
Samples: Junior Priority Intercreditor Agreement (Mens Wearhouse Inc)
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) Margin Stock for the repayment of the Borrowings provided for herein. Anything contained in this Agreement to the contrary notwithstanding, no Lender shall be obligated to extend credit to the Company in violation of any Requirement of Law.
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