Common use of Several Obligations Clause in Contracts

Several Obligations. Each Borrower’s obligations hereunder are several and not joint. Any action taken by or on behalf of the Borrowers shall not result in one Borrower being held responsible for the actions, debts or liabilities of the other Borrowers. Nothing contained herein shall be interpreted as requiring the Borrowers to effect Borrowings jointly.

Appears in 18 contracts

Samples: Credit Agreement (FirstEnergy Transmission, LLC), Credit Agreement (FirstEnergy Transmission, LLC), Credit Agreement (Firstenergy Corp)

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Several Obligations. Each Borrower’s 's obligations hereunder are several and not joint. Any action actions taken by or on behalf of the Borrowers shall not result in one Borrower being held responsible for the actions, debts or liabilities of the other Borrowers. Nothing contained herein shall be interpreted as requiring the Borrowers to effect Borrowings jointly.

Appears in 4 contracts

Samples: Credit Agreement (Northeast Utilities System), Credit Agreement (Northeast Utilities System), Credit Agreement (Northeast Utilities System)

Several Obligations. Each Borrower’s 's obligations hereunder are several and not jointjoint except as otherwise set forth in this Agreement. Any action actions taken by or on behalf of the Borrowers jointly or simultaneously shall not result in one Borrower being held responsible for the actions, debts or liabilities of the other Borrowers. Nothing contained herein shall be interpreted as requiring the Borrowers to effect Borrowings jointly.

Appears in 4 contracts

Samples: Credit Agreement (Northeast Utilities), Credit Agreement (Northeast Utilities System), Credit Agreement (Northeast Utilities System)

Several Obligations. Each Borrower’s obligations hereunder are several and not joint. Any action actions taken by or on behalf of the Borrowers shall not result in one Borrower being held responsible for the actions, debts or liabilities of the other Borrowers. Nothing contained herein shall be interpreted as requiring the Borrowers to effect Borrowings jointly.

Appears in 3 contracts

Samples: Credit Agreement (Public Service Co of New Hampshire), Credit Agreement, Credit Agreement (Western Massachusetts Electric Co)

Several Obligations. Each Borrower’s 's obligations hereunder are several and not jointjoint except as otherwise set forth in this Agreement. Any action actions taken by or on behalf of the Borrowers jointly or simultaneously shall not result in one Borrower being held responsible for the actions, debts or liabilities of the other BorrowersBorrower. Nothing contained herein shall be interpreted as requiring the Borrowers to effect Borrowings jointly.

Appears in 2 contracts

Samples: Credit Agreement (Northeast Utilities System), Credit Agreement (Northeast Utilities System)

Several Obligations. Each Borrower’s obligations hereunder are several and not joint. Any action taken by or on behalf of the Borrowers shall not result in one Borrower being held responsible for the 744222473 actions, debts or liabilities of the other Borrowers. Nothing contained herein shall be interpreted as requiring the Borrowers to effect Borrowings jointly.

Appears in 1 contract

Samples: Credit Agreement (Firstenergy Corp)

Several Obligations. Each Borrower’s obligations hereunder are several and not joint. Any action taken by or on behalf of the Borrowers shall not result in one Borrower being held responsible for the 744221928 actions, debts or liabilities of the other Borrowers. Nothing contained herein shall be interpreted as requiring the Borrowers to effect Borrowings jointly.

Appears in 1 contract

Samples: Credit Agreement (Firstenergy Corp)

Several Obligations. Each Borrower’s obligations hereunder are several and not joint. Any action taken by or on behalf of the Borrowers shall not result in one Borrower being held responsible for the 744162621 actions, debts or liabilities of the other Borrowers. Nothing contained herein shall be interpreted as requiring the Borrowers to effect Borrowings jointly.

Appears in 1 contract

Samples: Credit Agreement (Firstenergy Corp)

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Several Obligations. Each Borrower’s obligations hereunder are several and not joint. Any action taken by or on behalf of the Borrowers shall not result in one Borrower being held responsible for the 744224750 actions, debts or liabilities of the other Borrowers. Nothing contained herein shall be interpreted as requiring the Borrowers to effect Borrowings jointly.

Appears in 1 contract

Samples: Credit Agreement (Firstenergy Corp)

Several Obligations. Each Borrower’s obligations hereunder are several and not joint. Any action taken by or on behalf of the Borrowers shall not result in one Borrower being held responsible 752938400 for the actions, debts or liabilities of the other Borrowers. Nothing contained herein shall be interpreted as requiring the Borrowers to effect Borrowings jointly.

Appears in 1 contract

Samples: Credit Agreement (Firstenergy Corp)

Several Obligations. Each Borrower’s obligations hereunder are several and not joint. Any action taken by or on behalf of the Borrowers shall not result in one Borrower being held responsible for the actions, debts or liabilities of the other BorrowersBorrower. Nothing contained herein shall be interpreted as requiring the Borrowers Borrowrs to effect Borrowings jointly.

Appears in 1 contract

Samples: Credit Agreement (Entergy Gulf States Louisiana, LLC)

Several Obligations. Each Borrower’s obligations hereunder are several and not joint. Any action taken by or on behalf of the Borrowers shall not result in one Borrower being held responsible for the actions, 112461100 v3 debts or liabilities of the other Borrowers. Nothing contained herein shall be interpreted as requiring the Borrowers to effect Borrowings jointly.

Appears in 1 contract

Samples: Credit Agreement (FirstEnergy Solutions Corp.)

Several Obligations. Each Borrower’s obligations hereunder are several and not joint. Any action taken by or on behalf of the Borrowers shall not result in one Borrower being held responsible for the actions, debts or liabilities of the other Borrowers. Nothing contained herein shall be interpreted as requiring the Borrowers to effect Borrowings jointly.

Appears in 1 contract

Samples: Credit Agreement

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