Individual Lender’s right of action. Each Lender shall be entitled to xxx for any amount which has become due and payable by the Borrower to it under this Agreement without joining the Agent, the Security Trustee or any other Lender as additional parties in the proceedings.
Appears in 6 contracts
Samples: Loan Agreement (GasLog Ltd.), Loan Agreement (GasLog Ltd.), Loan Agreement (DryShips Inc.)
Individual Lender’s right of action. Each Lender shall be entitled entitled, having obtained the prior consent of all the Lenders to xxx for any amount which has become due and payable by the Borrower Borrowers to it under this Agreement without joining the Agent, the Security Trustee or any other Lender as additional parties in the proceedings.
Appears in 3 contracts
Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)
Individual Lender’s right of action. Each Lender shall be entitled to xxx for any amount which has become due and payable by the Borrower to it under this Agreement without joining any Lead Arranger, the Agent, the Security Trustee or any other Lender as additional parties in the proceedings.
Appears in 2 contracts
Samples: Loan Agreement (Crude Carriers Corp.), Loan Agreement (Crude Carriers Corp.)
Individual Lender’s right of action. Each Lender shall be entitled to xxx for any amount which has become due and payable by the Borrower Borrowers to it under this Agreement without joining the Administrative Agent, the Security Trustee Agent or any other Lender as additional parties in the proceedings.
Appears in 1 contract
Samples: Senior Secured Credit Facility Agreement (Pacific Drilling S.A.)
