BANK’S RIGHTS. Several The rights of each Bank are several and any debt arising hereunder at any time from an Obligor to any of the other parties hereto shall be a separate and independent debt. Each such party shall be entitled to protect and enforce its individual rights arising out of this Agreement independently of any other party (so that it shall not be necessary for any party hereto to be joined as an additional party in any proceedings for this purpose).
Appears in 6 contracts
Samples: Credit Agreement (NTL Europe Inc), Amendment Agreement (Jazztel PLC), Term Loan Facilities Agreement (Dyckerhoff Aktiengesellschaft)
BANK’S RIGHTS. Several SEVERAL The rights of each Bank are several and any debt arising hereunder at any time from an Obligor to any of the other parties hereto shall be a separate and independent debt. Each such party shall be entitled to protect and enforce its individual rights arising out of this Agreement independently of any other party (so that it shall not be necessary for any party hereto to be joined as an additional party in any proceedings for this purpose).
Appears in 3 contracts
Samples: Credit Agreement (NTL Inc/De/), Bridge Facility Agreement (Koninklijke Numico Nv), Multicurrency Credit Agreement (Koninklijke Numico Nv)
BANK’S RIGHTS. Several The rights of each Bank are several and any debt arising hereunder at any time from an Obligor to any of the other parties hereto shall be a separate and independent debt. Each such party shall shall, save as otherwise provided in this Agreement, the Security Trust Agreement and the Second Security Trust Agreement, be entitled to protect and enforce its individual rights arising out of this Agreement independently of any other party (so that it shall not be necessary for any party hereto to be joined as an additional party in any proceedings for this purpose).
Appears in 1 contract
Samples: Credit Agreement (NTL Inc)
BANK’S RIGHTS. Several SEVERAL The rights of each Bank are several and any debt arising hereunder at any time from an Obligor to any of the other parties hereto shall be a separate and independent debt. Each such party shall shall, save as otherwise provided in the this Agreement, the Security Trust Agreement and the Second Security Trust Agreement, be entitled to protect and enforce its individual rights arising out of this Agreement independently of any other party (so that it shall not be necessary for any party hereto to be joined as an additional party in any proceedings for this purpose).
Appears in 1 contract
Samples: Credit Agreement (NTL Inc/De/)
