Common use of Several Obligations of Lenders Clause in Contracts

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans and to make payments pursuant to Section 11.03(c) are several and not joint. The failure of any Lender to make any Loan or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or to make its payment under Section 11.03(c).

Appears in 28 contracts

Samples: Restatement Agreement (Jetblue Airways Corp), Restatement Agreement (United Airlines, Inc.), Loan and Guarantee Agreement (Frontier Group Holdings, Inc.)

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Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans and to make payments pursuant to Section 11.03(c) are several and not joint. The failure of any Lender to make any Loan or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or to make its payment under under‌ Section 11.03(c).

Appears in 12 contracts

Samples: Loan and Guarantee Agreement, Loan and Guarantee Agreement, Loan and Guarantee Agreement

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans Loans, to fund participations in Letters of Credit and to make payments pursuant to Section 11.03(c9.03(c) are several and not joint. The failure of any Lender to make any Loan or to fund any such participation or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan Loan, to purchase its participations or to make its payment under Section 11.03(c9.03(c).

Appears in 10 contracts

Samples: Credit Agreement (SWK Holdings Corp), Credit Agreement (SWK Holdings Corp), Credit Agreement (Atlas Corp.)

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans and to make payments pursuant to Section 11.03(c9.03(c) are several and not joint. The failure of any Lender to make any Loan or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or to make its payment under Section 11.03(c9.03(c).

Appears in 9 contracts

Samples: Credit Agreement (TerrAscend Corp.), Credit Agreement (TerrAscend Corp.), Credit Agreement (TerrAscend Corp.)

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans and to make payments pursuant to Section 11.03(c‎11.03(c) are several and not joint. The failure of any Lender to make any Loan or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or to make its payment under Section 11.03(c‎11.03(c).

Appears in 7 contracts

Samples: Loan and Guarantee Agreement (Jetblue Airways Corp), Loan and Guarantee Agreement (Skywest Inc), Restatement Agreement (Skywest Inc)

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans Loans, to fund participations in Letters of Credit and to make payments pursuant to Section 11.03(c12.03(c) are several and not joint. The failure of any Lender to make any Loan Loan, to fund any such participation or to make any such payment under Section 12.03(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan Loan, to purchase its participation or to make its payment under Section 11.03(c12.03(c).

Appears in 4 contracts

Samples: Credit Agreement (Grizzly Energy, LLC), Credit Agreement (Vanguard Natural Resources, LLC), Credit Agreement (Vanguard Natural Resources, Inc.)

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans and to make payments pursuant to Section 11.03(c9.03(c) are several and not joint. The failure of any Lender to make any Loan or to fund any such participation or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan Loan, to purchase its participations or to make its payment under Section 11.03(c9.03(c).

Appears in 3 contracts

Samples: Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.)

Several Obligations of Lenders. The obligations of the Lenders hereunder to make the Term Loans and to make payments pursuant to Section 11.03(c13.3(c) are several and not joint. The failure of any Lender to make any Loan its portion of the Term Loans or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan portion of the Term Loans or to make its payment under Section 11.03(c13.3(c).

Appears in 2 contracts

Samples: Loan, Guaranty and Security Agreement (Terawulf Inc.), Loan Agreement (Terawulf Inc.)

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans and to make payments pursuant to Section 11.03(c) 8.06 are several and not joint. The failure of any Lender to make any Loan or to fund any such participation or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan Loan, to purchase its participations or to make its payment under Section 11.03(c)8.06.

Appears in 2 contracts

Samples: Credit Agreement (GAIN Capital Holdings, Inc.), Credit Agreement (SFX Entertainment, INC)

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans Loans, and to make payments pursuant to Section 11.03(c) 8.3 are several and not joint. The failure of any Lender to make any Loan or, as applicable, to fund any such participation or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan applicable Loan, to purchase its participations, as applicable, or to make its payment under Section 11.03(c).8.3. 

Appears in 1 contract

Samples: Loan and Security Agreement (Bluegreen Vacations Holding Corp)

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans and to make payments pursuant to Section 11.03(c8.03(c) are several and not joint. The failure of any Lender to make any Loan or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or to make its payment under Section 11.03(c8.03(c).

Appears in 1 contract

Samples: Loan Agreement

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans and hereunder, including any obligations to make payments pursuant to Section 11.03(c) 8.03(c), are several and not joint. The failure of any Lender to make any Loan or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or to make its payment under Section 11.03(c8.03(c).

Appears in 1 contract

Samples: Loan Agreement

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans Advances and to make payments pursuant to Section 11.03(c9.03(c) are several and not joint. The failure of any Lender to make any Loan Advance or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan Advance or to make its payment under Section 11.03(c9.03(c).

Appears in 1 contract

Samples: Credit Agreement (Pricesmart Inc)

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Several Obligations of Lenders. The obligations of the Lenders hereunder to make New Money Loans and to make payments pursuant to Section 11.03(c12.03(c) are several and not joint. The failure of any Lender to make any New Money Loan or to make any such payment under Section 12.03(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its New Money Loan or to make its payment under Section 11.03(c12.03(c).

Appears in 1 contract

Samples: Dip Credit Agreement

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans and to make payments pursuant to Section 11.03(c8.03(c) are several and not joint. The failure of any Lender to make any Loan or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or to make its payment under Section 11.03(c8.03(c).. 14

Appears in 1 contract

Samples: Loan Agreement

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans and hereunder, including any obligations to make payments pursuant to Section 11.03(c) 10.03(c), are several and not joint. The failure of any Lender to make any Loan or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or to make its payment under Section 11.03(c10.03(c).

Appears in 1 contract

Samples: Loan Agreement

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans and to make payments pursuant to Section 11.03(c10.03(c) are several and not joint. The failure of any Lender to make any Loan or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or to make its payment under Section 11.03(c10.03(c).

Appears in 1 contract

Samples: Supplemental Agreement

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans and to make payments pursuant to Section 11.03(c) are several and not joint. The failure of any Lender to make any Loan or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or to make its payment under Section 11.03(c).under‌

Appears in 1 contract

Samples: Loan and Guarantee Agreement

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans and to make payments pursuant to Section 11.03(c12.03(c) are several and not joint. The failure of any Lender to make any its respective Loan or to make any such payment under Section 12.03(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or to make its payment under Section 11.03(c12.03(c).

Appears in 1 contract

Samples: Term Loan Agreement (Vanguard Natural Resources, LLC)

Several Obligations of Lenders. The obligations of the Lenders hereunder to make Loans the Term Loan and to make payments pursuant to Section 11.03(c13.3(c) are several and not joint. The failure of any Lender to make any its portion of the Term Loan or to make any such payment on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its portion of the Term Loan or to make its payment under Section 11.03(c13.3(c).

Appears in 1 contract

Samples: Loan Agreement (Terawulf Inc.)

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