Individual right of action. Each Lender shall be entitled to sue 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 3 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Partners L.P.), Deed of Amendment and Restatement (Capital Product Partners L.P.)
Individual right of action. Each Lender shall be entitled to sue for any amount which has become due and payable by the Borrower a Security Party to it under this Agreement without joining the Agent, the Security Trustee or any other Lender as additional parties in the proceedings.
Appears in 1 contract
