Common use of Individual Lender’s right of action Clause in Contracts

Individual Lender’s right of action. Each Lender and each Swap Bank shall be entitled to xxx for any amount which has become due and payable by the Borrowers to it under this Agreement or under a Master Agreement without joining the Agent, the Security Trustee or any other Lender or any other Swap Bank as additional parties in the proceedings.

Appears in 2 contracts

Samples: Loan Agreement (Dynagas LNG Partners LP), Loan Agreement

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Individual Lender’s right of action. Each Lender and each Swap Bank shall be entitled to xxx for any amount which has become due and payable by the Borrowers Borrower to it under this Agreement or under a Master Agreement without joining the Agent, the Security Trustee Trustee, any other Swap Bank or any other Lender or any other Swap Bank as additional parties in the proceedings.

Appears in 2 contracts

Samples: Loan Agreement (GasLog Partners LP), Loan Agreement (GasLog Partners LP)

Individual Lender’s right of action. Each Lender and each Swap Bank shall be entitled to xxx for any amount which has become due and payable by the Borrowers to it under this Agreement or under a Master Agreement without joining the Agent, the Security Trustee Trustee, any other Swap Bank or any other Lender or any other Swap Bank as additional parties in the proceedings.

Appears in 1 contract

Samples: Loan Agreement (GasLog Ltd.)

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Individual Lender’s right of action. Each Lender and each Swap Bank shall be entitled to xxx sxx for any amount which has become due and payable by the Borrowers to it under this Agreement or under a Master Agreement without joining the Agent, the Security Trustee or any other Lender or any other Swap Bank as additional parties in the proceedings.

Appears in 1 contract

Samples: Loan Agreement (Dynagas LNG Partners LP)

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