Position of the Lenders Sample Clauses

Position of the Lenders. Interests of Lenders several The rights of the Creditor Parties under this Agreement are several; accordingly each Lender shall be entitled to xxx for any amount which has become due and payable by the Borrowers to it under this Agreement without joining the Security Trustee or any other Creditor Party as additional parties in the proceedings, save that the Security Interests created by any of the Finance Documents may only be enforced in accordance with Clause 19.2. Proceedings by individual Creditor Party However, without the prior consent of the Lenders, no Creditor Party may bring proceedings in respect of: any other liability or obligation of either Borrower or a Security Party under or connected with a Finance Document; or any misrepresentation or breach of warranty by either Borrower or a Security Party in or connected with a Finance Document.
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Position of the Lenders. 3.1 Interests several The rights of the Lenders under this Agreement are several.
Position of the Lenders. Interests several The rights of the Lenders under this Agreement are several. Individual right of action Each Lender shall be entitled to xxx for any amount which has become due and payable by the Borrowers to it under this Agreement without joining the Agent, the Security Trustee, any other Lender as additional parties in the proceedings.
Position of the Lenders 

Related to Position of the Lenders

  • LENDERS KeyBank, the other lending institutions which are party hereto and any other Person which becomes an assignee of any rights of a Lender pursuant to §18 (but not including any participant as described in §18). The Issuing Lender shall be a Lender, as applicable. The Swing Loan Lender shall be a Lender.

  • Non-Reliance on Administrative Agent and Other Lenders Each Lender and the L/C Issuer acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender and the L/C Issuer also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder.

  • Notice by the Administrative Agent to the Lenders Promptly following receipt of a Borrowing Request in accordance with this Section, the Administrative Agent shall advise each applicable Lender of the details thereof and of the amounts of such Lender’s Loan to be made as part of the requested Borrowing.

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