Rights Several. The rights of each Lender are several. The amount at any time owing by any Borrower to any party under this Agreement shall be a separate and independent debt from the amount owing to any other party.
Appears in 6 contracts
Samples: Ninth Supplemental Agreement (Bell Microproducts Inc), Tenth Supplemental Agreement (Bell Microproducts Inc), Syndicated Credit Agreement (Bell Microproducts Inc)
Rights Several. The rights of each Lender the Lenders are also several. The amount at any time owing by any the Borrower to any party under this Agreement shall be a separate and independent debt from the amount owing to any other party. Each party shall have the right to protect and enforce its rights arising out of this Agreement and it shall not be necessary for any Lead Arranger, any Agent or any Lender to be joined as an additional party in any proceedings for this purpose.
Appears in 1 contract
Samples: Syndicated Credit Facilities Agreement (Chartered Semiconductor Manufacturing LTD)
Rights Several. The rights of each Lender the Lenders are several. The amount at any time owing by any Borrower the Borrowers to any party under this Agreement agreement shall be a separate and independent debt from the amount owing to any other party.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facilities Agreement (Fletcher Challenge Forests LTD)
Rights Several. The rights of each Lender are several. The amount at any time owing by any a Borrower to any party under this Agreement agreement shall be a separate and independent debt from the amount owing to any other party.
Appears in 1 contract
Rights Several. The rights of each Lender are several. The amount at any time owing by any the Borrower to any party under this Agreement shall be a separate and independent debt from the amount owing to any other party.
Appears in 1 contract
Samples: Revolving Credit Agreement (Millennium Chemicals Inc)
