Interests of Lenders several. The rights of the Lenders and of the Swap Banks under this Agreement and the Master Agreements are several; accordingly each Lender and each Swap Bank shall be entitled to sue for any amount which has become due and payable by the Borrower to it under this Agreement or under a Master Agreement without joining the Agent, the Security Trustee, any other Lender or any other Swap Bank as additional parties in the proceedings.
Appears in 2 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Interests of Lenders several. The rights of the Lenders and of the Swap Banks under this Agreement and the Master Agreements are several; accordingly each Lender and each Swap Bank shall be entitled to sue xxx for any amount which has become due and payable by the either Borrower to it under this Agreement or under a and the Master Agreement Agreements without joining the Agent, the Security Trustee, any other Lender Swap Bank or any other Swap Bank Lender as additional parties in the proceedings.
Appears in 1 contract
Interests of Lenders several. The rights of the Lenders and of the Swap Banks Bank under this Agreement and the Master Agreements Agreement are several; accordingly each Lender and each the Swap Bank shall be entitled to sue xxx for any amount which has become due and payable by the Borrower to it under this Agreement or under a and the Master Agreement without joining the Agent, the Security Trustee, the Swap Bank or any other Lender or any other Swap Bank as additional parties in the proceedings.
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)