Enforcement by Agent. All rights of action under this Agreement and under the Notes and all rights to the Collateral hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, without the necessity of joining as plaintiffs or defendants any other Lenders, and the recovery of any judgment shall be for the benefit of Lenders subject to the expenses of Agent.
Appears in 2 contracts
Sources: Credit Agreement (Merkert American Corp), Credit Agreement (Marketing Specialists Corp)
Enforcement by Agent. All rights of action under this Agreement and under the Notes and all rights to the Collateral hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, Agent without the necessity of joining as plaintiffs or defendants any other Lenders, and the recovery of any judgment shall be for the benefit of Lenders subject to the expenses of Agent.
Appears in 2 contracts
Sources: Credit Agreement (Centennial Healthcare Corp), Credit Agreement (Centennial Healthcare Corp)
Enforcement by Agent. All rights of action under this Agreement and under the Notes and all rights to the Collateral collateral security, if any, hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, Agent without the necessity of joining as plaintiffs or defendants any other Lenders, and the recovery of any judgment shall be for the benefit of Lenders subject to the expenses of Agent.
Appears in 1 contract
Sources: Credit Agreement (Hunt Corp)
Enforcement by Agent. All rights of action under this Agreement and under the Promissory Notes and all rights to the Collateral collateral security, if any, hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, Agent without the necessity of joining as plaintiffs or defendants any other LendersBanks, and the recovery of any judgment shall be for the benefit of Lenders Banks subject to the expenses of Agent.. SECTION ELEVEN GUARANTY --------
Appears in 1 contract
Sources: Credit Agreement (Sunsource Inc)
Enforcement by Agent. All rights of action under this Agreement -------------------- and under the Notes and all rights to the Collateral hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, without the necessity of joining as plaintiffs or defendants any other Lenders, and the recovery of any judgment shall be for the benefit of Lenders subject to the expenses of Agent.
Appears in 1 contract
Enforcement by Agent. All rights of action under this -------------------- Agreement and under the Notes and all rights to the Collateral hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, without the necessity of joining as plaintiffs or defendants any other Lenders, and the recovery of any judgment shall be for the benefit of Lenders subject to the expenses of Agent.
Appears in 1 contract
Enforcement by Agent. All rights of action under this Agreement -------------------- and under the Notes and all rights to the Collateral collateral security, if any, hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, Agent without the necessity of joining as plaintiffs or defendants any other LendersBanks, and the recovery of any judgment shall be for the benefit of Lenders Banks subject to the expenses of Agent.. ARTICLE IX ---------- MISCELLANEOUS -------------
Appears in 1 contract
Sources: Revolving Credit Agreement (Jones Cable Income Fund 1-B LTD)
Enforcement by Agent. All rights of action under this Agreement and under the Promissory Notes and all rights to the Collateral collateral security, if any, hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, Agent without the necessity of joining as plaintiffs or defendants any other LendersBanks, and the recovery of any judgment shall be for the benefit of Lenders Banks subject to the expenses of Agent.
Appears in 1 contract
Sources: Credit Agreement (Sunsource Inc)
Enforcement by Agent. All rights of action under this -------------------- Agreement and under the Notes and all rights to the Collateral hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, Agent without the necessity of joining as plaintiffs or defendants any other LendersBanks, and the recovery of any judgment shall be for the benefit of Lenders Banks subject to the expenses of Agent.
Appears in 1 contract
Sources: Credit Agreement (Home Health Corp of America Inc \Pa\)
Enforcement by Agent. All rights of action under this Agreement and under Agreement, the -------------------- Notes and all rights to the Collateral hereunder may other Loan Documents shall be instituted, maintained, pursued and/or enforced by Agent and any Agent. Any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its Agent's name as Agent, without the necessity of joining as plaintiffs or defendants any of the other Lenders. In any event, and the recovery of any judgment by Agent shall be for the ratable benefit of Lenders all Lenders, subject to the reimbursement of expenses and costs of Agent.
Appears in 1 contract
Sources: Loan and Security Agreement (Act Teleconferencing Inc)