Common use of Interests several Clause in Contracts

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 Finance Parties are several and the amount due to the Agent (for its own account), to each Arranger, the Security Trustee, the Working Capital Bank and to each Bank is a separate and independent debt. Each Finance Party shall have the right to protect and enforce its rights arising out of this Agreement and it shall not be necessary for any other Finance Party to be joined as an additional party in any proceedings for this purpose.

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 Finance Parties are several and the amount due to the Agent (for its own account), to each Arranger, the Security Trustee, the Working Capital Bank Co-ordinator and to each Bank is a separate and independent debt. Each Finance Party shall have the right to protect and enforce its rights arising out of this Agreement and it shall not be necessary for any other Finance Party to be joined as an additional party in any proceedings for this purpose.

Interests several. Notwithstanding any other term of this Agreement (but without Without prejudice to the provisions of this Agreement relating to or requiring action by the Majority Banks) , the interests of the Finance Parties are several and the amount due to the Agent Agent, to the Security Trustee (for its own account), to the Swingline Bank, to the Overdraft Bank, to each Arranger, the Security Trustee, the Working Capital Bank Arranger and to each Bank is a separate and independent debt. Each Finance Party shall have the right to protect and enforce its rights arising out of this Agreement (but subject always to the terms of this Agreement) and it shall not be necessary for any other Finance Party to be joined as an additional party in any proceedings for this purpose.

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 Finance Parties are several and the amount due to the Agent (for its own account), to each Arranger, the Security Trustee, the Working Capital Bank Trustee and to each Bank is a separate and independent debt. Each Finance Party shall have the right to protect and enforce its rights arising out of this Agreement and it shall not be necessary for any other Finance Party to be joined as an additional party in any proceedings for this purpose.

Interests several. (a) Notwithstanding any other term of this Agreement (but without prejudice to the provisions of this Agreement relating to or requiring action by the Majority BanksLenders and without prejudice to clause 17.14) the interests of the each Finance Parties Party are several and the amount due to the Agent (for its own account), to each Arranger, the Security Trustee, the Working Capital Bank Trustee and to each Bank Lender is a separate and independent debt. . (b) Each Finance Party shall have the right to protect and enforce its rights arising out of this Agreement and it shall not be necessary for any other Finance Party to be joined as an additional party in any proceedings for this purpose.

Interests several. Notwithstanding any other term of this Agreement (but without Without prejudice to the provisions of this Agreement relating to or requiring action by the Majority Banks) , the interests of the Finance Parties are several and the amount due to the Agent or to the Security Trustee, (for its own account), to the Swingline Bank, to the Overdraft Bank to each Arranger, the Security Trustee, the Working Capital Bank Arranger and to each Bank is a separate and independent debt. Each Finance Party shall have the right to protect and enforce its rights arising out of this Agreement (but subject always to the terms of this Agreement) and it shall not be necessary for any other Finance Party to be joined as an additional party in any proceedings for this purpose.