Interests several. Notwithstanding any other term of this Agreement (but without prejudice to the provisions of this Agreement relating to or requiring action by the Majority Banks) the interests of the Agent, the Arrangers, the Security Trustee and the Banks are several and the amount due to the Agent (for its own account), to each Arranger, to the Security Trustee and to each Bank is a separate and independent debt. The Agent, each Arranger, the Security Trustee and each Bank shall have the right to protect and enforce its rights arising out of this Agreement and it shall not be necessary for the Agent, any Arranger, the Security Trustee or any Bank (as the case may be) to be joined as an additional party in any proceedings for this purpose.
Appears in 3 contracts
Samples: Loan Agreement (Telewest Communications PLC /New/), Agreement (Telewest Communications PLC /New/), Comcast Uk Cable Partners LTD
Interests several. Notwithstanding any other term of this Agreement (but without prejudice to the provisions of this Agreement relating to or requiring action by the Majority Banks) the interests of the Agent, the ArrangersSecurity Trustee, the Security Trustee Arranger and the Banks are several and the amount due to the Agent (for its own account), to each the Arranger, to the Security Trustee and to each Bank is a separate and independent debt. The Agent, each Arrangerthe Security Trustee, the Security Trustee Arranger and each Bank shall have the right to protect and enforce its rights arising out of this Agreement and it shall not be necessary for the Agent, any Arrangerthe Security Trustee, the Security Trustee Arranger or any Bank (as the case may be) to be joined as an additional party in any proceedings for this purpose.
Appears in 3 contracts
Samples: Supplemental Agreement (United Pan Europe Communications Nv), Supplemental Agreement (United International Holdings Inc), Supplemental Agreement (United Pan Europe Communications Nv)
Interests several. Notwithstanding any other term of this Agreement (but without prejudice to the provisions of this Agreement relating to or requiring action by the Majority Banks) the interests of the Lead Arrangers, the Facility Agent, the Arrangers, the Security Trustee Agent and the Banks are several and the amount due to the Lead Arrangers, the Facility Agent, the Security Agent (each for its own account), to each Arranger, to the Security Trustee ) and to each Bank is a separate and independent debt. The Lead Arrangers, the Facility Agent, each Arranger, the Security Trustee Agent and each any Bank shall have the right to protect and enforce its rights arising out of this Agreement and it shall not be necessary for the Lead Arrangers, the Facility Agent, any Arranger, the Security Trustee Agent or any Bank (as the case may be) to be joined as an additional party in any proceedings for this purpose.
Appears in 1 contract
Samples: Management Agreement (Golar LNG LTD)
Interests several. Notwithstanding any other term of this Agreement (but without prejudice to the provisions of this Agreement relating to or requiring action by the Majority Banks) the interests of the Agent, the ArrangersSecurity Trustee, the Security Trustee Arrangers and the Banks are several and the amount due to the Agent (for its own account), to each Arrangerthe Arrangers, to the Security Trustee and to each Bank is a separate and independent debt. The Agent, each Arrangerthe Security Trustee, the Security Trustee Arrangers and each Bank shall have the right to protect and enforce its rights arising out of this Agreement and it shall not be necessary for the Agent, any Arrangerthe Security Trustee, the Security Trustee Arrangers or any Bank (as the case may be) to be joined as an additional party in any proceedings for this purpose.. 3 Conditions ----------
Appears in 1 contract
Samples: Joint Venture Agreement (United International Holdings Inc)
Interests several. Notwithstanding any other term of this Agreement (but without prejudice to Clause 21.4 (I) or the provisions of this Agreement relating to or requiring action by the Majority Banks) the interests of the Co-Arrangers, the Agent, the Arrangers, the Security Trustee Agent and the Banks are several and the amount due to the Co-Arrangers, the Agent, the Security Agent and each Bank (each for its own account), to each Arranger, to the Security Trustee and to each Bank ) is a separate and independent debt. The Co-Arrangers, the Agent, each Arranger, the Security Trustee Agent and each Bank shall have the right to protect and enforce its rights arising out of this Agreement and it shall not be necessary for the Co-Arrangers, the Agent, any Arranger, the Security Trustee Agent or any Bank (as the case may be) to be joined as an additional party in any proceedings for this purpose.
Appears in 1 contract
Samples: Facility Agreement (Stena Ab)
Interests several. Notwithstanding any other term of this Agreement (but without prejudice to the provisions of this Agreement relating to or requiring action by the Majority Banks) the interests of the Lead Arrangers, the Administrative Agent, the Arrangers, the Security Trustee Agent and the Banks are several and the amount due to the Lead Arrangers, the Administrative Agent, the Security Agent (each for its own account), to each Arranger, to the Security Trustee ) and to each Bank is a separate and independent debt. The Lead Arrangers, the Administrative Agent, each Arranger, the Security Trustee Agent and each any Bank shall have the right to protect and enforce its rights arising out of this Agreement and it shall not be necessary for the Lead Arrangers, the Administrative Agent, any Arranger, the Security Trustee Agent or any Bank (as the case may be) to be joined as an additional party in any proceedings for this purpose.
Appears in 1 contract
Samples: Management Agreement (Golar LNG LTD)