INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender under such Lender's Note or Notes shall be a separate and independent debt.
Appears in 23 contracts
Samples: Credit Agreement (Nationsrent Companies Inc), Credit Agreement (Nationsrent Companies Inc), Credit Agreement (Industrial Distribution Group Inc)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender under such Lender's Revolving Note or Notes shall be a separate and independent debt.
Appears in 9 contracts
Samples: Credit Agreement (Fieldcrest Cannon Inc), Credit Agreement (Consumers Us Inc), Credit Agreement (Spinnaker Industries Inc)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender under such Lender's ’s Note or Notes shall be a separate and independent debt.
Appears in 6 contracts
Samples: Loan and Security Agreement (nFinanSe Inc.), Loan and Agency Agreement (Kensey Nash Corp), Credit Agreement (Chiquita Brands International Inc)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender under such Lender's Note or Notes shall be a separate and independent debt.
Appears in 5 contracts
Samples: Loan and Security Agreement (Abc Rail Products Corp), Loan and Security Agreement (Abc Rail Products Corp), Loan and Security Agreement (Webco Industries Inc)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender under on account of such Lender's Loans and under any Note or Notes held by it shall be a separate and independent debt.
Appears in 3 contracts
Samples: Pledge Agreement (TransMontaigne Partners L.P.), Transmontaigne Inc, Credit Agreement (World Air Holdings, Inc.)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender under such Lender's Revolving Note or Revolving Notes shall be a separate and independent debt.
Appears in 2 contracts
Samples: Credit Agreement (Fresh Foods Inc), Credit Agreement (Penske Motorsports Inc)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender under such LenderXxxxxx's Revolving Note or Notes shall be a separate and independent debt.
Appears in 1 contract
Samples: Credit Agreement (Lynch Corp)
INDEPENDENT NATURE OF LENDERS' RIGHTS. The amounts payable at any time hereunder to each Lender under such Lender's Loans and any Note or Notes shall be a separate and independent debt.
Appears in 1 contract
