Common use of Individual right of action Clause in Contracts

Individual right of action. Each Lender and the Swap Bank shall be entitled to sue for any amount which has become due and payable by the Borrowers to it under this Agreement or under the Master Agreement without joining the Agent, the Security Trustee, any other Lender or the Swap Bank as additional parties in the proceedings.

Individual right of action. Each Lender and the each Swap Bank shall be entitled to sue for any amount which has become due and payable by the Borrowers a Security Party to it under this Agreement or under the Master Agreement without joining the Agent, the Security Trustee, Trustee or any other Lender or the any other Swap Bank as additional parties in the proceedings.

Individual right of action. Each Lender and the Swap Bank shall be entitled to sue for any amount which has become due and payable by the Borrowers a Security Party to it under this Agreement or under the Master Agreement Agreements without joining the Agent, the Security Trustee, any other Lender or the Swap Bank Creditor Party as additional parties in the proceedings.

Individual right of action. Each Lender and the each Swap Bank shall be entitled to sue for any amount which has become due and payable by the Borrowers a Security Party to it under this Agreement or under the a Master Agreement without joining the Agent, the Security Trustee, any other Lender or the any other Swap Bank as additional parties in the proceedingsproceedings so long as any such action by such Lender and/or Swap Bank to sue for any such amount is brought in any New York State court or Federal court of the United States of America sitting in New York County, and any appellate court thereof.