Common use of Several Obligations Clause in Contracts

Several Obligations. The failure of any Bank to make any Loan to be made by it on the date specified therefor shall not relieve the other Banks of their respective obligations to make their Loans on such date, but no Bank shall be responsible for the failure of the other Banks to make Loans to be made by such other Banks.

Appears in 19 contracts

Samples: Loan Agreement (J&j Snack Foods Corp), Credit Agreement (National Consumer Cooperative Bank /Dc/), Loan Agreement (Health Care Reit Inc /De/)

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Several Obligations. The failure of any Bank to make any Loan to be made by it on the date specified therefor shall not relieve the any other Banks Bank of their respective obligations its obligation to make their Loans its Loan on such date, but and no Bank shall be responsible for the failure of the any other Banks Bank to make Loans a Loan to be made by such other BanksBank.

Appears in 12 contracts

Samples: 364 Day Credit Agreement (American Honda Finance Corp), 364 Day Credit Agreement (American Honda Finance Corp), Five Year Credit Agreement (American Honda Finance Corp)

Several Obligations. The failure of any Bank to make any Loan to be made by it on the date specified therefor shall not relieve the any other Banks Bank of their respective obligations its obligation to make their Loans its Loan on such date, but no neither any Bank nor the Agent shall be responsible for the failure of the any other Banks Bank to make Loans a Loan to be made by such other BanksBank.

Appears in 9 contracts

Samples: Credit Agreement (Tortoise Energy Infrastructure Corp), Credit Agreement (Tortoise Midstream Energy Fund, Inc.), Credit Agreement (Tortoise Energy Infrastructure Corp)

Several Obligations. The failure of any Bank to make any Loan to be made by it on the date specified therefor shall not relieve the any other Banks Bank of their respective obligations its obligation to make their Loans its Loan on such date, but no and neither any Bank nor the Administrative Agent shall be responsible for the failure of the any other Banks Bank to make Loans a Loan to be made by such other BanksBank.

Appears in 6 contracts

Samples: Credit Agreement (CERNER Corp), Credit Agreement (Cerner Corp /Mo/), Credit Agreement (Cerner Corp /Mo/)

Several Obligations. The failure of any Bank to make any Loan to be made by it on the date specified therefor shall not relieve the any other Banks Bank of their respective obligations its obligation to make their Loans its Loan on such date, but no neither the Agent nor any Bank shall be responsible for the failure of the any other Banks Bank to make Loans a Loan to be made by such other BanksBank.

Appears in 5 contracts

Samples: Credit Agreement (Monterey Acquisition Corp), 364 Day Credit Agreement (Santa Fe Snyder Corp), Credit Agreement (Santa Fe Energy Resources Inc)

Several Obligations. The failure of any Bank to make any Loan to be made by it on the date specified therefor shall not relieve the any other Banks Bank of their respective obligations its obligation to make their Loans its Loan on such date, but no neither Administrative Agent nor any Bank shall be responsible for the failure of the any other Banks Bank to make Loans a Loan to be made by such other BanksBank.

Appears in 4 contracts

Samples: Loan Agreement (Seagull Energy Corp), 364 Day Credit Agreement (Ocean Energy Inc /Tx/), 364 Day Credit Agreement (Ocean Energy Inc /Tx/)

Several Obligations. The failure of any Bank to make any Loan to be made by it on the date specified therefor shall not relieve the any other Banks Bank of their respective obligations its obligation to make their Loans its Loan on such date, but no neither Agent nor any Bank shall be responsible for the failure of the any other Banks Bank to make Loans a Loan to be made by such other BanksBank.

Appears in 2 contracts

Samples: Credit Agreement (Seagull Energy Corp), Credit Agreement (Seagull Energy Corp)

Several Obligations. The failure of any Bank to make any Loan to ------------------- be made by it on the date specified therefor shall not relieve the any other Banks Bank of their respective obligations its obligation to make their Loans its Loan on such date, but no and neither any Bank nor the Administrative Agent shall be responsible for the failure of the any other Banks Bank to make Loans a Loan to be made by such other BanksBank.

Appears in 2 contracts

Samples: Credit Agreement (Xl Capital LTD), Credit Agreement (Xl Capital LTD)

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Several Obligations. The failure of any Bank to make any Loan to be made by it or to provide funds for disbursements or reimbursements under the Letters of Credit on the date specified therefor shall not relieve the any other Banks Bank of their respective obligations its obligation to make their Loans on such date, but no Bank shall be responsible for the failure of the other Banks to make Loans to be made by such other Banks.its Loan or to

Appears in 1 contract

Samples: Credit Agreement (Newfield Exploration Co /De/)

Several Obligations. The failure of any either Bank to make any Loan to be made by it on the date specified therefor shall not relieve the other Banks Bank of their its respective obligations to make their its Loans on such date, but no neither Bank shall be responsible for the failure of the other Banks Bank to make Loans to be made by such other BanksBank.

Appears in 1 contract

Samples: Loan Agreement (Griffon Corp)

Several Obligations. The failure of any Bank to make any the Loan to be made by it on the date specified therefor Effective Date shall not relieve the any other Banks Bank of their respective obligations its obligation, if any, hereunder to make their Loans its Loan on such datethe Effective Date, but no Bank shall be responsible for the failure of the any other Banks Bank to make Loans the Loan to be made by such other BanksBank on the Effective Date.

Appears in 1 contract

Samples: Term Loan Agreement (Brinker International Inc)

Several Obligations. The failure of any Bank to make any Loan to be made by it on the date specified therefor shall not relieve the any other Banks Bank of their respective obligations its obligation to make their Loans its Loan on such date, but no Bank shall be responsible for the failure of the any other Banks Bank to make Loans a Loan to be made by such other BanksBank.

Appears in 1 contract

Samples: Credit Agreement (Charter Communications Southeast Lp)

Several Obligations. The failure of any Bank to make any Loan to be made by it on the date specified therefor for such Loan shall not relieve the other Banks of their respective obligations to make their Loans on such date, but no Bank shall be responsible for the failure of the other Banks to make Loans to be made by such other Banks.

Appears in 1 contract

Samples: Loan Agreement (Dvi Inc)

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