Rights and Obligations of Senior Finance Parties. The rights and obligations of each of the Senior Finance Parties under the Senior Finance Documents are several and the total amounts outstanding at any time under the Senior Finance Documents constitute separate and independent debts. Failure of a Senior Finance Party to observe and perform its obligations under any Senior Finance Document shall neither:
Appears in 3 contracts
Samples: Senior Facilities Agreement (Elster Group SE), Senior Facilities Agreement (Elster Group SE), Facilities Agreement (Yell Finance Bv)
Rights and Obligations of Senior Finance Parties. The rights and obligations of each of the Senior Finance Parties under the Senior Finance Documents are several and the total amounts outstanding at any time under the Senior Finance Documents constitute separate and independent debts. Failure of a Senior Finance Party to observe and perform its obligations under any Senior Finance Document shall neither:neither:-
Appears in 1 contract
Samples: Facilities Agreement (Lucite International Group Holdings LTD)
Rights and Obligations of Senior Finance Parties. (a) The rights and obligations of each of the Senior Finance Parties under the Senior Finance Documents are several and the total amounts outstanding at any time debt arising under the Senior Finance Documents constitute shall be a separate and independent debtsdebt. Failure of If a Senior Finance Party to observe and does not perform its obligations under any Senior Finance Document that shall neithernot:
Appears in 1 contract
Samples: Senior Credit Agreement (Shurgard Storage Centers Inc)
