Rights and Obligations of Finance Parties. The rights and obligations of each of the Finance Parties under the Finance Documents are several and the total amounts outstanding at any time under the Finance Documents constitute separate and independent debts. Failure of a Finance Party to observe and perform its obligations under any Finance Document shall neither:
Appears in 1 contract
Rights and Obligations of Finance Parties. 3.3.1 The rights and obligations of each of the Finance Parties under the Finance Documents are several and the total amounts outstanding at any time under the Finance Documents constitute separate and independent debtsseveral. Failure of a any Finance Party to observe and perform its obligations under any Finance Document shall neither:neither:-
Appears in 1 contract
Samples: Facilities Agreement (Chirex Inc)
Rights and Obligations of Finance Parties. 3.3.1 The rights and obligations of each of the Finance Parties under the Finance Documents are several and the total amounts outstanding at any time under the Finance Documents constitute separate and independent debtsseveral. Failure of a any Finance Party to observe and perform its obligations under any Finance Document shall neither:
Appears in 1 contract
Samples: Chirex Inc
Rights and Obligations of Finance Parties. 3.3.1 The rights and obligations of each of the Banks and other Finance Parties under the Finance Documents are several and the total amounts outstanding at any time under the Finance Documents constitute separate and independent debtsseveral. Failure of a Bank or other Finance Party to observe and perform its respective obligations under any Finance Document shall neither:
Appears in 1 contract
Samples: Loan Agreement (Octel Corp)
