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 91 contracts

Samples: First Lien Credit Agreement (Lucky Strike Entertainment Corp), Credit Agreement (CCC Intelligent Solutions Holdings Inc.), Credit Agreement (Reynolds Consumer Products 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 50 contracts

Samples: Term Loan Credit Agreement (Blackstone Mortgage Trust, Inc.), Term Loan Credit Agreement (Ecovyst Inc.), Senior Secured Superpriority Debtor in Possession Credit Agreement (Cano Health, 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: Abl Credit Agreement (Hillman Solutions Corp.), Abl Credit Agreement (Hayward Holdings, Inc.), Abl Credit Agreement (Hayward 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.

Appears in 4 contracts

Samples: Term Loan Credit Agreement (PQ Group Holdings Inc.), Term Loan Credit Agreement (PQ Group Holdings Inc.), Term Loan Credit 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 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: Term Loan Credit Agreement (Party City Holdco Inc.), Restructuring Support Agreement (Party City Holdco 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 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.)

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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: Abl Credit Agreement (iFit Health & Fitness 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. 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 |NY\7652510.20US-DOCS\114316435.10|| 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: Abl Credit Agreement (PQ Group Holdings Inc.)

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