Common use of Enforcement by Agent Clause in Contracts

Enforcement by Agent. All rights of action under this Agreement and under the Notes and all rights to the Collateral hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, without the necessity of joining as plaintiffs or defendants any other Lenders, and the recovery of any judgment shall be for the benefit of Lenders subject to the expenses of Agent.

Appears in 2 contracts

Samples: Credit Agreement (Marketing Specialists Corp), Credit Agreement (Merkert American Corp)

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Enforcement by Agent. All rights of action under this Agreement and under the Notes and all rights to the Collateral hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, Agent without the necessity of joining as plaintiffs or defendants any other Lenders, and the recovery of any judgment shall be for the benefit of Lenders subject to the expenses of Agent.

Appears in 2 contracts

Samples: Credit Agreement (Centennial Healthcare Corp), Credit Agreement (Centennial Healthcare Corp)

Enforcement by Agent. All rights of action under this -------------------- Agreement and under the Notes and all rights to the Collateral hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, without the necessity of joining as plaintiffs or defendants any other Lenders, and the recovery of any judgment shall be for the benefit of Lenders subject to the expenses of Agent.

Appears in 1 contract

Samples: Credit Agreement (Marketing Specialists Corp)

Enforcement by Agent. All rights of action under this Agreement -------------------- and under the Notes and all rights to the Collateral hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, without the necessity of joining as plaintiffs or defendants any other Lenders, and the recovery of any judgment shall be for the benefit of Lenders subject to the expenses of Agent.

Appears in 1 contract

Samples: Credit Agreement (Merkert American Corp)

Enforcement by Agent. All rights of action under this Agreement and under the Promissory Notes and all rights to the Collateral collateral security, if any, hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, Agent without the necessity of joining as plaintiffs or defendants any other LendersBanks, and the recovery of any judgment shall be for the benefit of Lenders Banks subject to the expenses of Agent.

Appears in 1 contract

Samples: Credit Agreement (Sunsource Inc)

Enforcement by Agent. All rights of action under this Agreement and under the Notes and all rights to the Collateral collateral security, if any, hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, Agent without the necessity of joining as plaintiffs or defendants any other Lenders, and the recovery of any judgment shall be for the benefit of Lenders subject to the expenses of Agent.

Appears in 1 contract

Samples: Credit Agreement (Hunt Corp)

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Enforcement by Agent. All rights of action under this -------------------- Agreement and under the Notes and all rights to the Collateral hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, Agent without the necessity of joining as plaintiffs or defendants any other LendersBanks, and the recovery of any judgment shall be for the benefit of Lenders Banks subject to the expenses of Agent.

Appears in 1 contract

Samples: Credit Agreement (Home Health Corp of America Inc \Pa\)

Enforcement by Agent. All rights of action under this Agreement and under the Promissory Notes and all rights to the Collateral collateral security, if any, hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, Agent without the necessity of joining as plaintiffs or defendants any other LendersBanks, and the recovery of any judgment shall be for the benefit of Lenders Banks subject to the expenses of Agent.. SECTION ELEVEN GUARANTY --------

Appears in 1 contract

Samples: Credit Agreement (Sunsource Inc)

Enforcement by Agent. All rights of action under this Agreement -------------------- and under the Notes and all rights to the Collateral collateral security, if any, hereunder may be enforced by Agent and any suit or proceeding instituted by Agent in furtherance of such enforcement shall be brought in its name as Agent, Agent without the necessity of joining as plaintiffs or defendants any other LendersBanks, and the recovery of any judgment shall be for the benefit of Lenders Banks subject to the expenses of Agent.. ARTICLE IX ---------- MISCELLANEOUS -------------

Appears in 1 contract

Samples: Revolving Credit Agreement (Jones Cable Income Fund 1-B LTD)

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