INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender shall be a separate and independent debt, and each Lender shall be entitled to protect and enforce its rights pursuant to this Agreement and its Notes, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.
Appears in 51 contracts
Samples: Credit Agreement (Interface Inc), Credit Agreement (Interface Inc), Revolving Credit Agreement (Choicepoint Inc)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender shall be a separate and independent debt, and each Lender shall be entitled to protect and enforce its rights pursuant to arising out of this Agreement and its NotesAgreement, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.
Appears in 17 contracts
Samples: Credit Agreement (Aventine Renewable Energy Holdings Inc), Credit Agreement (Aventine Renewable Energy Holdings Inc), Credit Agreement (Gerdau Ameristeel Corp)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each the Lender shall be a separate and independent debt, and each the Lender shall be entitled to protect and enforce its rights pursuant to this Agreement and its Notes, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.
Appears in 4 contracts
Samples: Revolving Loan Agreement (Brown & Brown Inc), Revolving Loan Agreement (Brown & Brown Inc), Revolving and Term Loan Agreement (Brown & Brown Inc)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender shall be a separate and independent debt, and, subject to the other terms and provisions hereof and of the Financing Documents, each Lender shall be entitled to protect and enforce its rights pursuant to arising out of this Agreement and its NotesAgreement, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.
Appears in 3 contracts
Samples: Credit Agreement (Hallwood Group Inc), Credit Agreement (Hallwood Group Inc), Credit Agreement (Hallwood Group Inc)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender shall be a separate and independent debt, and each Lender shall be entitled to protect and enforce its rights pursuant to this Agreement and its Revolving Notes, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Hughes Supply Inc), Revolving Credit Agreement (Hughes Supply Inc), Revolving Credit Agreement (Hughes Supply Inc)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender shall be a separate and independent debt, and each Lender shall be entitled to protect and enforce its rights pursuant to this Agreement and its Line of Credit Notes, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.
Appears in 3 contracts
Samples: Credit Agreement (Hughes Supply Inc), Credit Agreement (Hughes Supply Inc), Line of Credit Agreement (Hughes Supply Inc)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable ------------------------------------- at any time hereunder to each Lender shall be a separate and independent debt, and each Lender shall be entitled to protect and enforce its rights pursuant to this Agreement and its Notes, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.
Appears in 3 contracts
Samples: Credit Agreement (Krystal Company), Contribution Agreement (Rotech Medical Corp), Credit Agreement (Rotech Medical Corp)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender shall be a separate and independent debt, and each Lender shall be entitled to protect and enforce its rights pursuant to this Agreement and its NotesAgreement, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.
Appears in 2 contracts
Samples: Credit Facility Agreement (Ironton Iron Inc), Credit Facility Agreement (Intermet Corp)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender shall be a separate and independent debt, and and, except as otherwise provided in any Financing Document, each Lender shall be entitled to protect and enforce its rights pursuant to arising our of this Agreement and its NotesAgreement, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.
Appears in 2 contracts
Samples: Partnership Interest Pledge Agreement (Orion Power Holdings Inc), Credit Agreement (Orion Power Holdings Inc)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender shall be a separate and independent debt, and and, except as otherwise provided in any Financing Document, each Lender shall be entitled to protect and enforce its rights pursuant to arising out of this Agreement and its NotesAgreement, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.
Appears in 2 contracts
Samples: Credit Agreement (Orion Power Holdings Inc), Credit Agreement (Orion Power Holdings Inc)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender shall be a separate and independent debt, and each Lender shall be entitled to protect and enforce its rights pursuant to this Agreement and its Notes, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.it
Appears in 1 contract
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender shall be a separate and independent debt, and each Lender shall be entitled to protect and enforce its rights pursuant to this Agreement and its Revolving Credit Notes, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.
Appears in 1 contract
Samples: Credit Agreement (Nelson Thomas Inc)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender shall be a separate and independent debt, and each Lender shall be entitled to protect and enforce its rights pursuant to this Agreement and its Notes, and it shall not 117 be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Conso International Corp)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each the Lender shall be a separate and independent debt, and each the Lender shall be entitled to protect and enforce its rights pursuant to this Agreement and its Notesthe Note, and it shall not be necessary for any other Lender Person to be joined as an additional party in any proceeding for such purpose.
Appears in 1 contract
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts ------------------------------------- payable at any time hereunder to each Lender shall be a separate and independent debt, and each Lender shall be entitled to protect and enforce its rights pursuant to this Agreement and its Notes, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.
Appears in 1 contract
Samples: Credit Agreement (Intermet Corp)
