Deferral of Assignor's rights. Until all the Secured Liabilities I have been irrevocably paid in full or unless the Security Agent otherwise directs, the Assignor will not exercise or otherwise enjoy the benefit of any rights which it may have by reason of performance by it of its obligations under the Finance Documents or by reason of any amount being payable, or liability arising, under the Finance Documents:
Deferral of Assignor's rights. Until all amounts which may be or become payable by the Assignor under or in connection with the Issuer Finance Documents have been irrevocably paid in full and all facilities which might give rise to Issuer Secured Liabilities have terminated and, unless the Issuer Security Trustee otherwise directs, the Assignor will not exercise any rights which it may have by reason of performance by it of its obligations under the Issuer Finance Documents or by reason of any amount being payable, or liability arising, under this Clause 14 to take the benefit (in whole or in part and whether by way of subrogation or otherwise) of any rights of the Issuer Secured Creditors under the Issuer Finance Documents or of any other guarantee or security taken pursuant to, or in connection with, the Issuer Finance Documents by any Issuer Secured Creditor. If the Assignor receives any benefit, payment or distribution in relation to such rights it shall hold that benefit, payment or distribution to the extent necessary to enable all amounts which may be or become payable to the Issuer Secured Creditors by the Assignor under or in connection with the Issuer Finance Documents to be repaid in full on trust for the Issuer Secured Creditors and shall promptly pay or transfer the same to the Issuer Security Trustee or as the Issuer Security Trustee may direct for application in accordance with Clause 11 (Order of application).
Deferral of Assignor's rights. Until all amounts which may be or become payable by the Obligors under or in connection with the Finance Documents have been irrevocably paid in full and unless the Assignee otherwise directs, the Assignor shall not exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:
Deferral of Assignor's rights. All rights which the Assignor at any time has (whether in respect of this Deed or any other transaction) against the Company, any other Obligor or their respective assets shall be fully subordinated to the rights of the Finance Parties under the Finance Documents and until the end of the Security Period and unless the Agent otherwise directs, the Assignor will not exercise any rights which it may have (whether in respect of any Finance Document to which it is a party or any other transaction) by reason of performance by it of its obligations under the Finance Documents or by reason of any amount being payable, or liability arising, under this Deed:
