Several Rights. The rights of each Finance Party are several and any debt arising under this Agreement at any time from an Obligor to any Finance Party to this Agreement shall be a separate and independent debt. Each Finance Party may, except as otherwise stated in this Agreement, separately enforce its rights under this Agreement.
Appears in 16 contracts
Samples: Senior Facilities Agreement (Corporate Express N.V.), Agreement (Buhrmann Nv), Agreement (Telewest Global Inc)
Several Rights. 2.5 The rights of each Finance Party are several and any debt arising under this Agreement hereunder at any time from an Obligor to any Finance Party to this Agreement shall be a separate and independent debt. Each Finance Party may, except as otherwise stated in this Agreement, separately such party shall be entitled to protect and enforce its individual rights under arising out of this AgreementAgreement independently of any other party (so that it shall not be necessary for any party hereto to be joined as an additional party in any proceedings for this purpose).
Appears in 4 contracts
Samples: Agreement (Xl Capital LTD), Xl Capital LTD, Xl Capital LTD
Several Rights. The rights of each Finance Party are several and any debt arising under this Agreement hereunder at any time from an Obligor to any Finance Party to this Agreement shall be a separate and independent debt. Each Finance Party may, except as otherwise stated in this Agreement, separately such party shall be entitled to protect and enforce its individual rights under arising out of this AgreementAgreement independently of any other party (so that it shall not be necessary for any party hereto to be joined as an additional party in any proceedings for this purpose).
Appears in 4 contracts
Samples: Confidentiality Agreement (Ace LTD), Confidentiality Agreement (Ace LTD), Confidentiality Agreement (Ace LTD)
Several Rights. The rights of each Finance Party are several and any debt arising under this Agreement hereunder at any time from an Obligor to any Finance Party to this Agreement shall be a separate and independent debt. Each Finance Party may, except Except as otherwise stated in this Agreement, separately the Finance Documents each such party shall be entitled to protect and enforce its individual rights under arising out of this AgreementAgreement independently of any other party (so that it shall not be necessary for any party hereto to be joined as an additional party in any proceedings for this purpose).
Appears in 3 contracts
Samples: And Restatement Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD)
Several Rights. The rights of each Finance Party are several and any debt arising under this Agreement hereunder at any time from an Obligor the Company to any Finance Party to this Agreement shall be a separate and independent debt. Each Finance Party may, except as otherwise stated in this Agreement, separately shall be entitled to protect and enforce its individual rights under arising out of this AgreementAgreement independently of any other party hereto (so that it shall not be necessary for any such party to be joined as an additional party in any proceedings for this purpose).
Appears in 2 contracts
Samples: Agreement (Montpelier Re Holdings LTD), Agreement (Montpelier Re Holdings LTD)
Several Rights. The rights of each Finance Party are several and any debt arising under this Agreement at any time from an Obligor to any Finance Party to this Agreement shall be a separate and independent debt. Each Finance Party may, except as otherwise stated in this Agreement, separately enforce its rights under this Agreement.
Appears in 1 contract
