Common use of Rights Several Clause in Contracts

Rights Several. The obligations of each Obligor towards each Finance Party hereunder are given to each of them as separate and independent rights. Each Finance Party may separately enforce its rights under each Finance Document, subject to the other terms of the Finance Documents.

Appears in 2 contracts

Samples: Facilities Agreement (Autoliv Inc), Facilities Agreement (Autoliv Inc)

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Rights Several. The obligations of each Obligor towards each to the Finance Party hereunder Parties under the Finance Documents are given owed to each of them as separate and independent rightsobligations. Each Finance Party may may, except as otherwise stated herein, separately enforce its rights under each hereunder without joining in any other Finance Document, subject to the other terms of the Finance DocumentsParty.

Appears in 2 contracts

Samples: Facility Agreement (Pacificorp /Or/), Facility Agreement (Central Power & Light Co /Tx/)

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