Position of the Lenders. 3.1 Interests several The rights of the Lenders under this Agreement are several.
Position of the Lenders. Interests of Lenders several The rights of the Creditor Parties under this Agreement are several; accordingly each Lender shall be entitled to xxx for any amount which has become due and payable by the Borrowers to it under this Agreement without joining the Security Trustee or any other Creditor Party as additional parties in the proceedings, save that the Security Interests created by any of the Finance Documents may only be enforced in accordance with Clause 19.2. Proceedings by individual Creditor Party However, without the prior consent of the Lenders, no Creditor Party may bring proceedings in respect of: any other liability or obligation of either Borrower or a Security Party under or connected with a Finance Document; or any misrepresentation or breach of warranty by either Borrower or a Security Party in or connected with a Finance Document.
Position of the Lenders. Interests several The rights of the Lenders under this Agreement are several. Individual right of action Each Lender shall be entitled to xxx for any amount which has become due and payable by the Borrowers to it under this Agreement without joining the Agent, the Security Trustee, any other Lender as additional parties in the proceedings.
Position of the Lenders
