Common use of DEFERRAL OF BORROWERS Clause in Contracts

DEFERRAL OF BORROWERS. RIGHTS Each Guarantor agrees that, so long as any amounts are or may be owed by any other Obligor hereunder or any other Borrower is under any actual or contingent obligations hereunder, such Guarantor shall not exercise any rights which it may at any time have by reason of performance by it of its obligations hereunder:

Appears in 3 contracts

Samples: And Restatement Agreement (Royal Ahold), Agreement (Royal Ahold), And Restatement Agreement (Royal Ahold)

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DEFERRAL OF BORROWERS. RIGHTS Rights Each Guarantor agrees that, so long as any amounts are or may be owed by any other Obligor hereunder or any other Borrower is under any actual or contingent obligations hereunder, such Guarantor shall not exercise any rights which it may at any time have by reason of performance by it of its obligations hereunder:

Appears in 1 contract

Samples: Royal Ahold

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DEFERRAL OF BORROWERS. RIGHTS Each The Guarantor agrees that, so long as any amounts are or may be owed by any other Obligor hereunder or any other Borrower is under any actual or contingent obligations hereunder, such the Guarantor shall not exercise any rights which it may at any time have by reason of performance by it of its obligations hereunder:

Appears in 1 contract

Samples: Royal Ahold

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