Common use of Finance Parties’ rights and obligations Clause in Contracts

Finance Parties’ rights and obligations. (A) The obligations of each Finance Party under the Finance Documents are several. Failure by a Finance Party to perform its obligations under any Finance Documents to which it is a Party does not affect the obligations of any other Party under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents. (B) The rights of each Finance Party under or in connection with the Finance Documents to which it is a Party are separate and independent rights and any debt arising under the Finance Documents to a Finance Party from an Obligor shall be a separate and independent debt in respect of which a Finance Party shall be entitled to enforce its rights in accordance with paragraph (C) below. The rights of each Finance Party include any debt owing to that Finance Party under the Finance Documents and, for the avoidance of doubt, any part of a Loan or any other amount owed by an Obligor which relates to a Finance Party’s participation in a Facility or its role under a Finance Document (including any such amount payable to the Facility Agent on its behalf) is a debt owing to that Finance Party by that Obligor. (C) A Finance Party may, except as otherwise stated in the Finance Documents, separately enforce its rights under the Finance Documents.

Finance Parties’ rights and obligations. (A) The obligations of each Finance Party under the Finance Documents are several. Failure by a Finance Party to perform its obligations under any Finance Documents to which it is a Party does not affect the obligations of any other Party under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents. (B) The rights of each Finance Party under or in connection with the Finance Documents to which it is a Party are separate and independent rights and any debt arising under the Finance Documents to a Finance Party from an Obligor shall be a separate and independent debt in respect of which a Finance Party shall be entitled to enforce its rights in accordance with paragraph (C) below. The rights of each Finance Party include any debt owing to that Finance Party under the Finance Documents and, for the avoidance of doubt, any part of a Loan or any other amount owed by an Obligor which relates to a Finance Party’s 's participation in a Facility or its role under a Finance Document (including any such amount payable to the Facility Agent on its behalf) is a debt owing to that Finance Party by that Obligor. (C) A Finance Party may, except as otherwise stated in the Finance Documents, separately enforce its rights under the Finance Documents.

Finance Parties’ rights and obligations. (Aa) The obligations of each Finance Party under the Finance Documents are several. Failure by a Finance Party to perform its obligations under any the Finance Documents to which it is a Party does not affect the obligations of any other Party under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.. 34 Project Asgard (2020 A&R) – Amended and Restated Facilities Agreement (Bb) The rights of each Finance Party under or in connection with the Finance Documents to which it is a Party are separate and independent rights and any debt arising under the Finance Documents to a Finance Party from an Obligor shall be a separate and independent debt in respect of which a Finance Party shall be entitled to enforce its rights in accordance with paragraph (Cc) below. The rights of each Finance Party include any debt owing to that Finance Party under the Finance Documents and, for the avoidance of doubt, any part of a Loan or any other amount owed by an Obligor which relates to a Finance Party’s participation in a Facility or its role under a Finance Document (including any such amount payable to the Facility Agent on its behalf) is a debt owing to that Finance Party by that Obligor. (Cc) A Finance Party may, except as otherwise stated in the Finance Documents, separately enforce its rights under or in connection with the Finance Documents.

Finance Parties’ rights and obligations. (Aa) The obligations of each Finance Party under the Finance Documents are several. Failure by a Finance Party to perform its obligations under any the Finance Documents to which it is a Party does not affect the obligations of any other Party under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.. 51 Project Meria: Senior Facilties Agreement (Bb) The rights of each Finance Party under or in connection with the Finance Documents to which it is a Party are separate and independent rights and any debt arising under the Finance Documents to a Finance Party from an Obligor shall be the Borrower is a separate and independent debt in respect of which a Finance Party shall be entitled to enforce its rights in accordance with paragraph (Cc) below. The rights of each Finance Party include any debt owing to that Finance Party under the Finance Documents and, for the avoidance of doubt, any part of a Loan or any other amount owed by an Obligor the Borrower which relates to a Finance Party’s 's participation in a Facility or its role under a Finance Document (including any such amount payable to the Facility Agent on its behalf) is a debt owing to that Finance Party by that Obligorthe Borrower. (Cc) A Finance Party may, except as otherwise stated in the Finance Documents, separately enforce its rights under the Finance Documents.

Finance Parties’ rights and obligations. (Aa) The obligations of each Finance Party under the Finance Documents are several. Failure by a Finance Party to perform its obligations under any the Finance Documents to which it is a Party does not affect the obligations of any other Party under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents. (Bb) The rights of each Finance Party under or in connection with the Finance Documents to which it is a Party are separate and independent rights and any debt of an Obligor to a Finance Party, arising under the Finance Documents to which it is a Finance Party from an Obligor shall be party in accordance with their respective terms, is a separate and independent debt in respect of which a Finance Party shall be entitled to enforce its rights in accordance with paragraph (Cc) below. The rights of each Finance Party include any debt owing to that Finance Party under the Finance Documents and, for the avoidance of doubt, any part of a the Loan or any other amount owed by an Obligor under the Finance Documents to which it is a party in accordance with their respective terms and which relates to a Finance Party’s 's participation in a the Facility or its role under a Finance Document (including any such amount payable to the Facility Agent on its behalf) is a debt owing to that Finance Party by that ObligorObligor under the Finance Documents to which it is a party in accordance with their respective terms. (Cc) A Finance Party may, except as otherwise stated specifically provided in the Finance Documents, separately enforce its rights under or in connection with the Finance DocumentsDocuments subject to and in accordance with their respective terms.

Finance Parties’ rights and obligations. (Aa) The obligations (if any) of each Finance Party under the Finance Documents are several. Failure by a Finance Party to perform any of its obligations under any the Finance Documents to which it is a Party does not affect the any obligations of any other Party under the Finance Documents. No Finance Party is responsible for the any obligations of any other Finance Party under the Finance Documents. (Bb) The rights of each Finance Party under or in connection with the Finance Documents to which it is a Party are separate and independent rights and any debt arising under the Finance Documents to a Finance Party from an Obligor shall be is a separate and independent debt in respect of which a Finance Party shall be entitled to enforce its rights in accordance with paragraph (Cc) below. The rights of each Finance Party include any debt owing to that Finance Party under the Finance Documents and, for the avoidance of doubt, any part of a Loan or any other amount owed by an Obligor which relates to a Finance Party’s 's participation in a Facility or its role under a Finance Document (including any such amount payable to the Facility Agent on its behalf) is a debt owing to that Finance Party by that Obligor. (Cc) A Finance Party may, except as otherwise stated specifically provided in the Finance Documents, separately enforce its rights under or in connection with the Finance Documents.

Finance Parties’ rights and obligations. (Aa) The obligations of each Finance Party under the Finance Documents are several. Failure by a Finance Party to perform its obligations under any the Finance Documents to which it is a Party does not affect the obligations of any other Party party under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents. (Bb) Subject to the terms and conditions of this Agreement, during the Availability Period the Borrower may borrow and, (and for the avoidance of doubt, notwithstanding that the Availability Period has come to an end, and the Borrower shall be entitled to and to the extent required by this Agreement shall), make repayments hereunder, provided that, notwithstanding the foregoing, no Lender shall have any obligation to make a Loan to the Borrower in excess of its Available Credit. (c) The rights of each Finance Party under or in connection with the Finance Documents to which it is a Party are separate and independent rights and any debt arising under the Finance Documents to a Finance Party from an Obligor shall be a separate and independent debt in respect of which a Finance Party shall be entitled to enforce its rights in accordance with paragraph (C) below. The rights of each Finance Party include any debt owing to that Finance Party under the Finance Documents and, for the avoidance of doubt, any part of a Loan or any other amount owed by an Obligor which relates to a Finance Party’s participation in a Facility or its role under a Finance Document (including any such amount payable to the Facility Agent on its behalf) is a debt owing to that Finance Party by that Obligordebt. (Cd) A Finance Party may, except as otherwise stated in the Finance Documents, separately enforce its rights under the Finance Documents.