Common use of Rights Several Clause in Contracts

Rights Several. The rights of each Lender are several. The amount at any time owing by any Borrower to any party under this Agreement shall be a separate and independent debt from the amount owing to any other party.

Appears in 6 contracts

Sources: Ninth Supplemental Agreement (Bell Microproducts Inc), Tenth Supplemental Agreement (Bell Microproducts Inc), Syndicated Credit Agreement (Bell Microproducts Inc)

Rights Several. The rights of each Lender are several. The amount at any time owing by any the Borrower to any party under this Agreement shall be a separate and independent debt from the amount owing to any other party.

Appears in 1 contract

Sources: Revolving Credit Agreement (Millennium Chemicals Inc)

Rights Several. The rights of each Lender are several. The amount at any time owing by any a Borrower to any party under this Agreement agreement shall be a separate and independent debt from the amount owing to any other party.

Appears in 1 contract

Sources: Facilities Agreement (Alignvest Acquisition Corp)

Rights Several. The rights of the Lenders are several and, for the avoidance of doubt, each Lender are severalmay separately enforce its rights under this Agreement except as otherwise provided herein. The amount at any time owing by any the Borrower to any party under this Agreement shall be a separate and independent debt from the amount owing to any other party.

Appears in 1 contract

Sources: Subordinated Debt Facility Agreement (Alstom)