Common use of Limitation of rights of action Clause in Contracts

Limitation of rights of action. (a) No Bondholder is entitled to take any enforcement action, instigate any insolvency procedures, or take other action against the Issuer or any other party in relation to any of the liabilities of the Issuer or any other party under or in connection with the Finance Documents, other than through the Bond Trustee and in accordance with these Bond Terms, provided, however, that the Bondholders shall not be restricted from exercising any of their individual rights derived from these Bond Terms, including any right to exercise any put option.

Appears in 5 contracts

Samples: Covered Bond Agreement, Covered Bond Agreement, www.dengulebanken.no

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Limitation of rights of action. (a) No Bondholder is entitled to take any enforcement action, instigate any insolvency procedures, or take other action against the Issuer or any other party in relation to any of the liabilities of the Issuer or any other party under or in connection with the Finance Documents, other than through the Bond Trustee and in accordance with these Bond Terms, provided, however, that the Bondholders shall not be restricted from exercising any of their individual rights derived from these Bond Terms, including any the right to exercise any put optionthe Put Option.

Appears in 2 contracts

Samples: And Restatement Agreement, And Restatement Agreement

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Limitation of rights of action. (a) 5.2.1. No Bondholder is entitled to take any enforcement action, instigate any insolvency procedures, procedures or take other legal action against the Issuer or any other party in relation to any of the liabilities of the Issuer or any other party under or in connection with the Finance Documents, other than through the Bond Trustee and in accordance with these this Bond TermsAgreement, provided, however, that the Bondholders shall not be restricted from exercising any of their individual rights derived from these this Bond TermsAgreement, including any right to exercise any put option.

Appears in 1 contract

Samples: Amendment and Restatement Agreement

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