Common use of Several Obligations Clause in Contracts

Several Obligations. The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan, issue any Letter of Credit or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.

Appears in 82 contracts

Samples: First Lien Credit Agreement (Shift4 Payments, Inc.), Lease I Agreement (Bowlero Corp.), Credit Agreement (Ryman Hospitality Properties, Inc.)

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Several Obligations. The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan, issue any Letter of Credit Loan or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.

Appears in 48 contracts

Samples: Term Loan Credit Agreement (Ecovyst Inc.), Credit Agreement (Cano Health, Inc.), Credit Agreement (View, Inc.)

Several Obligations. The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Revolving Loan, issue any Letter of Credit or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.

Appears in 14 contracts

Samples: Credit Agreement (Hillman Solutions Corp.), Abl Credit Agreement (Hayward Holdings, Inc.), Fourth Amendment Agreement (Ecovyst Inc.)

Several Obligations. (a) The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan, issue any Letter of Credit or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.

Appears in 5 contracts

Samples: First Lien Credit Agreement (Ranpak Holdings Corp.), First Lien Credit Agreement (Ranpak Holdings Corp.), First Lien Credit Agreement (Ranpak Holdings Corp.)

Several Obligations. The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan, issue any Letter of Credit or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.

Appears in 4 contracts

Samples: Patent Security Agreement (PQ Group Holdings Inc.), Fourth Amendment Agreement (PQ Group Holdings Inc.), Third Amendment Agreement (PQ Group Holdings Inc.)

Several Obligations. The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan, issue any Letter of Credit or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.. Section 9.16

Appears in 2 contracts

Samples: Credit Agreement (SB/RH Holdings, LLC), Credit Agreement (SB/RH Holdings, LLC)

Several Obligations. The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan, issue any Letter of Credit Term Loan or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Party City Holdco Inc.), Credit Agreement (Party City Holdco Inc.)

Several Obligations. The respective obligations of the Term Lenders hereunder are several and not joint and the failure of any Term Lender to make any Loan, issue any Letter of Credit Loan or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.

Appears in 1 contract

Samples: Credit Agreement (View, 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, issue any Letter of Credit Loan or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.its

Appears in 1 contract

Samples: Credit Agreement (Big Lots Inc)

Several Obligations. The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan, issue any Letter of Credit or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.. 48054934.2 LEGAL_US_E # 159035042.9

Appears in 1 contract

Samples: Credit Agreement (Victory Capital Holdings, Inc.)

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Several Obligations. The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan, issue any Letter of Credit Loan or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.. 158

Appears in 1 contract

Samples: Term Loan Agreement (Daseke, Inc.)

Several Obligations. The respective obligations of the Lenders and Issuing Banks hereunder are several and not joint and the failure of any Lender to make any Loan, Revolving Loan or perform any of its obligations hereunder or the failure of any Issuing Bank to issue any Letter Letters of Credit or perform any of its obligations hereunder hereunder, in each case, shall not relieve any other Lender from any of its obligations hereunder.

Appears in 1 contract

Samples: Credit Agreement (iFit Health & Fitness Inc)

Several Obligations. The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan, issue any Letter of Credit or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.. 202

Appears in 1 contract

Samples: Credit Agreement (Victory Capital Holdings, Inc.)

Several Obligations. The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan, issue any and Letter of Credit or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.

Appears in 1 contract

Samples: Credit Agreement (BigBear.ai Holdings, Inc.)

Several Obligations. The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan, issue any Letter of Credit or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder.. 217

Appears in 1 contract

Samples: First Lien Credit Agreement (Isos Acquisition Corp.)

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