Multiple Lenders. Unless otherwise notified to the relevant Group Lender in the Lending Limit Letter delivered to it by or on behalf of the Guarantor, where the term “Lender” (as defined in paragraph 1(O) of Part 2 (Interpretation) of Schedule 1) comprises more than one person (each such person being a “Group Lender”) the obligations and liabilities of each Group Lender under the Scheme Documents will, where the context requires, be several and not joint and several and any references to “Lender”, “Party” or “Parties” will be construed, and all relevant agreements and undertakings on each Group Lender’s part will take effect, accordingly and provided that:
Appears in 3 contracts
Sources: Guarantee Agreement, Guarantee Agreement, Guarantee Agreement