Common use of Failure to Make Advances Clause in Contracts

Failure to Make Advances. The failure of any Tranche A Lender to make the Advance to be made by it on the date specified in Section 2.03(c) shall not relieve any other Tranche A Lender of its obligation hereunder to make its Advance on such date, but no Tranche A Lender shall be responsible for the failure of any other Tranche A Lender to make the Advance to be made by such other Tranche A Lender on such date.

Appears in 3 contracts

Sources: Credit Agreement (Jabil Inc), Credit Agreement (Jabil Inc), Credit Agreement (Jabil Inc)