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 the Administrative Agent nor any Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender.
Appears in 10 contracts
Samples: Credit Agreement (Iron Mountain Inc), Credit Agreement (Iron Mountain Inc), Credit Agreement (Iron Mountain Inc)
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 the Administrative Agent nor any Lender shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender, and no Lender shall have any obligation to the Administrative Agent (except as provided in Section 4.06 hereof) or any other Lender for the failure by such Lender to make any Loan required to be made by such Lender.
Appears in 3 contracts
Samples: Credit Agreement (Be Aerospace Inc), Credit Agreement (Be Aerospace Inc), Credit Agreement (Be Aerospace Inc)
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 the no Lender nor Administrative Agent nor any Lender shall be responsible for the failure of any other Lender to make a Loan required to be made by such other Lender. The amounts payable by Borrower at any time hereunder and under the Note to each Lender shall be a separate and independent debt.
Appears in 3 contracts
Samples: Construction Loan Agreement (Vail Resorts Inc), Construction Loan Agreement (Vail Resorts Inc), Loan Agreement (Glimcher Realty Trust)
Several Obligations; Remedies Independent. (a) The failure of any Lender (the “Defaulting Lender”) to make any Loan to be made by it on the date specified therefor thereof shall not relieve any other Lender of its obligation to make its Loan on such dateany Loan, but neither any Lender nor the Administrative Agent nor any Lender shall be responsible for the failure of any other Defaulting Lender to make a any Loan to be made by such other Defaulting Lender., and (except as otherwise provided in Section 4.04 (
Appears in 1 contract
Samples: Loan Agreement (Aenza S.A.A.)
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 the Administrative Agent nor any Lender nor the Agent shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender.
Appears in 1 contract
