Common use of Certain Waivers of Subrogation, Reimbursement and Indemnity Clause in Contracts

Certain Waivers of Subrogation, Reimbursement and Indemnity. Each Guarantor hereby acknowledges and agrees that: (a) no Guarantor shall have any right of subrogation, contribution, reimbursement, or indemnity whatsoever in respect of the Guarantied Obligations, and no right of recourse to or with respect to any assets or property of the Company; (b) no Guarantor will file any claims against the Company or the estate of the Company in the course of any proceeding under any applicable bankruptcy or insolvency law in respect of the rights referred to in this Section 2.5; and (c) each holder of Notes may specifically enforce the provisions of this Section.

Appears in 14 contracts

Samples: Note Purchase Agreement (Tiffany & Co), Note Purchase and Private Shelf Agreement (Tiffany & Co), Note Purchase and Private Shelf Agreement (Tiffany & Co)

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Certain Waivers of Subrogation, Reimbursement and Indemnity. Each The Guarantor hereby acknowledges and agrees that: (a) no the Guarantor shall not have any right of subrogation, contribution, reimbursement, or indemnity whatsoever in respect of the Guarantied Obligations, and no right of recourse to or with respect to any assets or property Property of the Company;, (b) no Guarantor it will not file any claims against the Company or the estate of the Company in the course of any proceeding under any applicable bankruptcy or insolvency law in respect of the rights referred to in this Section 2.5; 1.4, and (c) each holder of Notes may specifically enforce the provisions of this SectionSection 1.

Appears in 1 contract

Samples: Note Purchase Agreement (Hudson Foods Inc)

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