Separate Debts. The amounts payable by the Borrower at any time under the Credit Documents to each Lender shall be a separate and independent debt and each Lender shall be entitled to protect and enforce its rights in accordance with the Credit Documents, and it shall not be necessary for any other Lender or the Administrative Agent to consent to, or be joined as an additional party in, any proceedings for such purposes.
Appears in 3 contracts
Samples: Credit Agreement (Apogee Enterprises Inc), Subsidiary Guaranty Agreement (Apogee Enterprises Inc), Credit Agreement (Apogee Enterprises Inc)
Separate Debts. The amounts payable by the Borrower at any time under the Credit Documents to each Lender shall be a separate and independent debt and each Lender shall be entitled to protect and enforce its rights in accordance with arising under the Credit Documents, and it shall not be necessary for any other Lender or the Administrative Agent to consent to, or be joined as an additional party in, any proceedings for such purposes.
Appears in 1 contract
Samples: Pledge and Security Agreement (Winstar Communications Inc)
