Common use of Acceptable Modifications Clause in Contracts

Acceptable Modifications. 6. The Guarantor will not exercise any rights in respect of any amount paid by Guarantor hereunder which it may acquire by way of subrogation or any other right to payment until all Guaranteed Obligations to the Guaranteed Party pursuant to the Agreement have been irrevocably paid in full. Modification #5

Acceptable Modifications. 6. The Guarantor will not exercise any rights in respect of any amount paid by Guarantor hereunder which it may acquire by way of subrogation or any other right to payment until all Guaranteed Obligations to the Guaranteed Party Beneficiary pursuant to the Agreement have been irrevocably paid in full. Modification #5

Acceptable Modifications. 6. The Guarantor will not exercise any rights in respect of any amount paid by Guarantor hereunder which it may acquire by way of subrogation or any other right to payment until all Guaranteed Obligations to the Guaranteed Party PartyBeneficiary pursuant to the Agreement have been irrevocably paid in full. Modification #5