Common use of Deferral of Guarantors’ rights Clause in Contracts

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 69 contracts

Samples: Facilities Agreement, www.sec.gov, Agreement (Kronos Worldwide Inc)

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Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors Credit Parties under or in connection with the Finance Credit Documents have been irrevocably paid in full and unless the Facility Agent otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsCredit Documents or by reason of any amount being payable, or liability arising, under this Section 15:

Appears in 46 contracts

Samples: Fourth Supplemental Agreement (NCL CORP Ltd.), Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Credit Agreement (Norwegian Cruise Line Holdings Ltd.)

Deferral of Guarantors’ 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 34 contracts

Samples: Facility Agreement (Coca-Cola HBC AG), Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 17:

Appears in 21 contracts

Samples: Assignment Agreement (Smurfit WestRock LTD), Agreement (Hillenbrand, Inc.), Facility Agreement

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 19:

Appears in 19 contracts

Samples: Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.), Senior Facilities Agreement (StarTek, Inc.)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 18:

Appears in 11 contracts

Samples: Facility Agreement (Amc Entertainment Holdings, Inc.), Pledge and Security Agreement (General Finance CORP), Agreement (Alliance Data Systems Corp)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 20:

Appears in 9 contracts

Samples: Senior Term Facilities Agreement (NeoGames S.A.), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors Borrower under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 8 contracts

Samples: Agreement (Whirlpool Corp /De/), Export Finance Agreement (Votorantim Pulp & Paper Inc), Export Finance Agreement (Votorantim Pulp & Paper Inc)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors under or in connection with the Finance Documents Guaranteed Obligations have been irrevocably paid and performed in full and unless the Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 8 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Eagle Bulk Shipping Inc.), Loan Agreement (Quartet Holdco Ltd.)

Deferral of Guarantors’ 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it each of its obligations under the Finance Documents:

Appears in 7 contracts

Samples: Facilty Agreement (Pra Group Inc), Fourth Amendment and Restatement Agreement (Pra Group Inc), Pra Group Inc

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors Guarantors under or in connection with the Finance Documents have been irrevocably paid in full and unless the Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 7 contracts

Samples: And Restatement Agreement (Ardmore Shipping Corp), Facilities Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)

Deferral of Guarantors’ rights. (a) 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 18:

Appears in 7 contracts

Samples: Term and Revolving Facilities Agreement (KNOT Offshore Partners LP), Term Facility Agreement, Term Facility Agreement (KNOT Offshore Partners LP)

Deferral of Guarantors’ 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 21:

Appears in 6 contracts

Samples: And Restatement Agreement (Liberty Global PLC), Amendment and Restatement Agreement (Liberty Global PLC), And Restatement Agreement (Liberty Global PLC)

Deferral of Guarantors’ 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 Agent Lender otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 6 contracts

Samples: Assignment and Assumption (WABCO Holdings Inc.), Facility Agreement (WABCO Holdings Inc.), Capital Bridge Facility Agreement (Moscow Cablecom Corp)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors and the High Yield Hedging Counterparties under or in connection with the Finance Guaranteed Documents have been irrevocably paid in full (and unless notwithstanding payment of a dividend in any liquidation or under any compromise or arrangement) each Guarantor agrees that, without the Agent otherwise directsprior written consent of the Facility Agent, no Guarantor it will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documentsnot:

Appears in 6 contracts

Samples: Agreement (Liberty Global PLC), Agreement (Liberty Global, Inc.), Agreement (Liberty Global, Inc.)

Deferral of Guarantors’ 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 Agent (or, as the case may be, the Security Agent) otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 6 contracts

Samples: Agreement (Melrose PLC), Cascal Facility Agreement (Cascal N.V.), Agreement (Misys PLC)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:Documents or by reason of any amount being payable, or liability arising, under this Clause 21 (Guarantee and indemnity):

Appears in 6 contracts

Samples: Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.)

Deferral of Guarantors’ rights. (A) 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 6 contracts

Samples: And Restatement Agreement (Kosmos Energy Ltd.), Intercompany Loan Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)

Deferral of Guarantors’ rights. 18.7.1 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 18:

Appears in 6 contracts

Samples: Common Terms Agreement (Lesaka Technologies Inc), Restatement Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this clause 17:

Appears in 5 contracts

Samples: Certain Confidential Information (Metals Acquisition LTD), Certain Confidential Information (Metals Acquisition Corp), Facilities Agreement (Navigator Holdings Ltd.)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors under Principals arising out of, or in connection with with, the Finance Documents Guaranteed Obligations have been irrevocably paid in full and unless the Agent we otherwise directsdirect, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsFacility Documents or by reason of any amount being payable, or liability arising, under this Clause 2:

Appears in 5 contracts

Samples: assets.ctfassets.net, assets.ctfassets.net, assets.ctfassets.net

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors under or in connection with the Finance Documents Liabilities have been irrevocably paid in full and unless the Agent otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 4 contracts

Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Deferral of Guarantors’ 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 17:

Appears in 4 contracts

Samples: Facility Agreement (Coca-Cola HBC AG), Bridge Facility Agreement (Coca-Cola HBC AG), Facility Agreement (Coca-Cola HBC AG)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors Borrower under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent otherwise directs, no the Guarantor will not exercise or otherwise enjoy the benefit of any rights right which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 17:

Appears in 4 contracts

Samples: Facility Agreement (PCGI Intermediate Holdings LTD), Agreement (PCGI Intermediate Holdings LTD), Agreement (PCGI Intermediate Holdings LTD)

Deferral of Guarantors’ rights. (a) Until all amounts which may be or become payable by the Obligors Borrower and the Guarantor under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent Bank otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Guarantee:

Appears in 4 contracts

Samples: Guarantee Agreement (Pluristem Therapeutics Inc), Guarantee Agreement (Immunic, Inc.), Pluristem Therapeutics Inc

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 23:

Appears in 4 contracts

Samples: Agreement (Endava PLC), Senior Facilities Agreement (Fintrax US Acquisition Subsidiary, Inc.), Facility Agreement (Orion Engineered Carbons S.a r.l.)

Deferral of Guarantors’ 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 Agent otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 4 contracts

Samples: Facility Agreement (Synnex Corp), Agreement (Opto Circuits (India) LTD), Multicurrency Guarantee Facility Agreement (Acergy S.A.)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors under or in connection with the Finance Documents Guaranteed Obligations have been irrevocably paid and performed in full and unless the Agent otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 4 contracts

Samples: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Deferral of Guarantors’ 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 COFACE Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 19:

Appears in 4 contracts

Samples: Coface Facility Agreement (Iridium Communications Inc.), Agreement (Iridium Communications Inc.), Confidential Treatment (Iridium Communications Inc.)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this clause 22 :

Appears in 4 contracts

Samples: Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC), Facilities Agreement (Luxfer Holdings PLC)

Deferral of Guarantors’ 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 Agent or, as the case may be, the Security Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 4 contracts

Samples: Agreement (Rockwood Holdings, Inc.), Facility Agreement (Rockwood Specialties Group Inc), Agreement (Sequa Corp /De/)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors and the Hedging Counterparties under or in connection with the Finance Guaranteed Documents have been irrevocably paid in full (and unless notwithstanding payment of a dividend in any liquidation or under any compromise or arrangement) each Guarantor agrees that, without the Agent otherwise directsprior written consent of the Facility Agent, no Guarantor it will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documentsnot:

Appears in 4 contracts

Samples: Credit Agreement (Unitedglobalcom Inc), Agreement (Liberty Global, Inc.), Credit Agreement (Unitedglobalcom Inc)

Deferral of Guarantors’ 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 18:

Appears in 4 contracts

Samples: And Restatement Agreement (H Lundbeck a S), Consent and Agreement (Harry Winston Diamond Corp), Consent and Agreement (Harry Winston Diamond Corp)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 22:

Appears in 4 contracts

Samples: Senior Facilities Agreement (OpSec Holdings), Facilities Agreement (Syngenta Ag), South Texas Supply Company, Inc.

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 25:

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Manchester United PLC), Intercreditor Agreement (Manchester United PLC), Facilities Agreement (Manchester United Ltd.)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise or otherwise enjoy the benefit of any rights right which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 17:

Appears in 3 contracts

Samples: Amkor Technology, Inc., Facilities Agreement (Alibaba Group Holding LTD), Alibaba Group Holding LTD

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors Borrower under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 3 contracts

Samples: Facilities Agreement (Cemex Sab De Cv), Term and Revolving Facilities Agreement (Cemex Sa De Cv), Credit Agreement (NTL Inc)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:Documents or by reason of any amount being payable, or liability arising, under this Clause 19 (Guarantee and Indemnity):

Appears in 3 contracts

Samples: Facility Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors a Borrower under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent (acting on the instructions of the Majority Lenders) otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 3 contracts

Samples: Facilities Agreement (Cemex Sa De Cv), Facilities Agreement (Cemex Sa De Cv), Facilities Agreement (Cemex Sab De Cv)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors Obligor Parties under or in connection with the Finance Transaction Documents have been irrevocably paid in full and unless the Facility Agent otherwise directs, no Guarantor will exercise or otherwise enjoy the benefit of any rights right which it may have by reason of performance by it of its obligations under the Finance DocumentsTransaction Documents or by reason of any amount being payable, or liability arising, under this Clause 19:

Appears in 3 contracts

Samples: Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors any Obligor under or in connection with the Finance Documents have been irrevocably paid in full and unless the Administrative Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 3 contracts

Samples: Financing Agreement, Financing Agreement (Cemex Sab De Cv), Financing Agreement (Cemex Sab De Cv)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors and the Bilateral Borrowers (other than Obligors) under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 3 contracts

Samples: Facility Agreement (Octel Corp), Facility Agreement (Octel Corp), Facility Agreement (Innospec Inc.)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 21:

Appears in 3 contracts

Samples: Notes Purchase Agreement (Membership Collective Group Inc.), Facilities Agreement (Melco Crown Entertainment LTD), Facility Agreement (Rockwood Holdings, Inc.)

Deferral of Guarantors’ rights. 15.7.1 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 3 contracts

Samples: Agreement (Aramex International LTD), Mezzanine Bridge Facility Agreement (Aramex International LTD), Agreement (Aramex International LTD)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising under this Clause 17:

Appears in 3 contracts

Samples: Facility Agreement, Facility Agreement, Facility Agreement

Deferral of Guarantors’ 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 Agent otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 20:

Appears in 3 contracts

Samples: Facilities Agreement (Molson Coors Brewing Co), Facilities Agreement (Molson Coors Brewing Co), Facilities Agreement (Molson Coors Brewing Co)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor Obligor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable to any other Obligor in any capacity, or arising out of any transaction, whatsoever:

Appears in 3 contracts

Samples: Facility Agreement (Diana Containerships Inc.), Agreement (Diana Containerships Inc.), Agreement (Diana Shipping Inc.)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors Borrower under or in connection with the Finance Documents have been irrevocably paid in full and unless the Facility Agent (acting reasonably) otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 3 contracts

Samples: Facilities Agreement (Harmony Gold Mining Co LTD), Facilities Agreement (Harmony Gold Mining Co LTD), Senior Facility Agreement (Harmony Gold Mining Co LTD)

Deferral of Guarantors’ rights. (a) 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this clause 18:

Appears in 2 contracts

Samples: Agreement (Danaos Corp), reportify-1252068037.cos.ap-beijing.myqcloud.com

Deferral of Guarantors’ 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 Agent (or, as the case may be, the Security Agent) otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 16:

Appears in 2 contracts

Samples: Facility Agreement (Platinum Underwriters Holdings LTD), Assignment Agreement (Platinum Underwriters Holdings LTD)

Deferral of Guarantors’ 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 Agent otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 11:

Appears in 2 contracts

Samples: Facility Agreement (Amtrust Financial Services, Inc.), Facility Agreement (Amtrust Financial Services, Inc.)

Deferral of Guarantors’ 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 Facility Agent otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 2 contracts

Samples: Syndicated Revolving Credit Agreement (Koninklijke KPN N V), Dual Currency Term Facility Agreement (Xstrata PLC)

Deferral of Guarantors’ 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this clause 19:

Appears in 2 contracts

Samples: Harmony Gold Mining Co LTD, Harmony Gold Mining Co LTD

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors Credit Parties under or in connection with the Finance Credit Documents have been irrevocably paid in full and unless the Facility Agent otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:Credit Documents or by reason of any amount being payable, or liability arising, under this Section 15: ​ -127- ​ ​ ​

Appears in 2 contracts

Samples: Sixth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Sixth Supplemental Agreement (NCL CORP Ltd.)

Deferral of Guarantors’ rights. 21.7.1 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 21:

Appears in 2 contracts

Samples: Common Terms Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors and the Spanish Pledgor under or in connection with the Finance Documents have been irrevocably paid in full and unless the Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this clause 20:

Appears in 2 contracts

Samples: And Restatement Agreement (Aegean Marine Petroleum Network Inc.), And Restatement Agreement (Aegean Marine Petroleum Network Inc.)

Deferral of Guarantors’ rights. Until all Whilst any amounts which may be or become payable by the Obligors remain outstanding under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 2 contracts

Samples: Agreement (Bristol Myers Squibb Co), Single Currency Term Facility Agreement (Bristol Myers Squibb Co)

Deferral of Guarantors’ 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 Facility Agent (or, as the case may be, the Security Agent) otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause ‎‎19:

Appears in 2 contracts

Samples: Agreement (Cboe Global Markets, Inc.), Agreement (Cboe Global Markets, Inc.)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this clause 18:

Appears in 2 contracts

Samples: www.lw.com, Seadrill Partners LLC

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors under or in connection with the Senior Finance Documents and Hedging Documents have been irrevocably paid in full and unless the Agent (or, as the case may be, the Security Trustee) otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Senior Finance Documents or Hedging Documents:

Appears in 2 contracts

Samples: Facility Agreement (Inmarsat Holdings LTD), Agreement (Inmarsat Launch CO LTD)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:Documents or by reason of any amount being payable, or liability arising, under this Clause 16 (Guarantee and indemnity):

Appears in 2 contracts

Samples: Agreement (Rockley Photonics Holdings LTD), Agreement (Rockley Photonics Holdings LTD)

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Deferral of Guarantors’ rights. 19.8.1 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 Facility Agent or the Security Trustee otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:Documents or by reason of any amount being payable, or liability arising, under this Clause 19 (Guarantee and indemnity):

Appears in 2 contracts

Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp), Borrowing Base Facility Agreement (Transglobe Energy Corp)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors a Borrower under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 2 contracts

Samples: Facilities Agreement (Cemex Sab De Cv), Term and Revolving Facilities Agreement (Cemex Sa De Cv)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors under or in connection with the Finance Documents Guaranteed Secured Liabilities have been irrevocably paid and performed in full and unless the Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 2 contracts

Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)

Deferral of Guarantors’ 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 Agent (or, as the case may be, the Security Agent) otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this clause 14:

Appears in 2 contracts

Samples: Agreement (Hamilton Insurance Group, Ltd.), Assignment Agreement (Hamilton Insurance Group, Ltd.)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or arising under, this Clause 17:

Appears in 2 contracts

Samples: Amending Agreement (Sappi LTD), Amending Agreement (Sappi LTD)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors Debtors under or in connection with the Finance Secured Debt Documents have been irrevocably paid in full and unless the Security Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsSecured Debt Documents or by reason of any amount being payable, or liability arising, under this Clause 7:

Appears in 2 contracts

Samples: Intercreditor Agreement (NAC Aviation Colorado 1 LLC), Intercreditor Agreement (NAC Aviation 29 Designated Activity Co)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors Borrower under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent Lender otherwise directs, no Guarantor will exercise or otherwise enjoy the benefit of any rights right which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 18:

Appears in 2 contracts

Samples: Facility Agreement (Sequoia Capital China I Lp), Facility Agreement (Chiu Na Lai)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable at any time by the Obligors under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 2 contracts

Samples: Agreement (Golden Telecom Inc), Golden Telecom Inc

Deferral of Guarantors’ rights. (A) 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising under this clause 25:

Appears in 2 contracts

Samples: Facility Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.)

Deferral of Guarantors’ 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 Agent otherwise directs, no Additional Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 2 contracts

Samples: Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)

Deferral of Guarantors’ rights. (a) 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 23:

Appears in 2 contracts

Samples: Intercreditor Agreement (Manchester United PLC), Intercreditor Agreement (Manchester United PLC)

Deferral of Guarantors’ rights. (a) 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 2 contracts

Samples: Credit Agreement (Gatos Silver, Inc.), Credit Agreement (Gatos Silver, Inc.)

Deferral of Guarantors’ rights. Until all amounts which that may be or become payable by the Obligors each Borrower under or in connection with the each Finance Documents Document irrevocably have been irrevocably paid in full and unless otherwise instructed by the Agent otherwise directsIntercreditor Agent, no the Guarantor will shall not exercise any rights which that it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 15:

Appears in 2 contracts

Samples: Project Facilities Agreement (Pacific Drilling S.A.), Project Facilities Agreement (Pacific Drilling S.A.)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors and the Bilateral Borrowers (other than Obligors) under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 18:

Appears in 2 contracts

Samples: Facility Agreement (Innospec Inc.), Revolving Facility Agreement (Innospec Inc.)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors under or in connection with the Finance Documents Guaranteed Obligations have been irrevocably paid and performed in full and unless the Agent otherwise directs, no Guarantor each of the Guarantors will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 2 contracts

Samples: Credit Agreement (Scorpio Bulkers Inc.), Credit Agreement (Scorpio Bulkers Inc.)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors under or in connection with the Senior Finance Documents have been irrevocably paid in full and unless the Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Senior Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 23:

Appears in 2 contracts

Samples: Facility Agreement (Avis Budget Group, Inc.), Facility Agreement (Avis Budget Group, Inc.)

Deferral of Guarantors’ rights. (a) 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this clause 19:

Appears in 2 contracts

Samples: Facility Agreement (Enstar Group LTD), Enstar Group LTD

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors under or in connection with the Finance Documents and/or any Hedging Agreements have been irrevocably paid in full and unless the Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments and/or any Hedging Agreements:

Appears in 2 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Facility Agreement (DHT Holdings, Inc.)

Deferral of Guarantors’ 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 13:

Appears in 2 contracts

Samples: Facility Agreement (Global Ship Lease, Inc.), Facility Agreement (Global Ship Lease, Inc.)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors Obligor Parties under or in connection with the Finance Transaction Documents have been irrevocably paid in full and unless the Facility Agent otherwise directs, no the Guarantor will not exercise or otherwise enjoy the benefit of any rights right which it may have by reason of performance by it of its obligations under the Finance DocumentsTransaction Documents or by reason of any amount being payable, or liability arising, under this Clause 19:

Appears in 2 contracts

Samples: Agreement (GDS Holdings LTD), Agreement (GDS Holdings LTD)

Deferral of Guarantors’ rights. (a) 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 Administrative Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 2 contracts

Samples: Revolving Credit Facility (Gatos Silver, Inc.), Credit Agreement (Gatos Silver, Inc.)

Deferral of Guarantors’ 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:Documents or by reason of any amount being payable, or liability arising, under Clause 17.1 (Guarantee and indemnity):

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Sibanye Gold LTD), Sibanye Gold LTD

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors any Borrower under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent otherwise directs, no the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 2 contracts

Samples: Facilities Agreement (HeidelbergCement AG), Facilities Agreement (HeidelbergCement AG)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by of the Obligors under or in connection with the Finance Documents have Indebtedness has been irrevocably paid in full and unless the Agent otherwise directs, no Guarantor will exercise any right of recourse or any other rights which it may have by reason of performance by it of its obligations under the Guarantee set out in the Guarantee or any other obligations under the Finance Documents, including any right:

Appears in 2 contracts

Samples: Facility Agreement (Pangaea Logistics Solutions Ltd.), Facility Agreement (Quartet Holdco Ltd.)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors under or in connection with the Finance Documents and Swap Agreements have been irrevocably paid in full and unless the Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments and Swap Agreements:

Appears in 2 contracts

Samples: Assignment Agreement (DHT Holdings, Inc.), Assignment Agreement (DHT Holdings, Inc.)

Deferral of Guarantors’ 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 Agent Lender otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 16:

Appears in 2 contracts

Samples: Patent Security Agreement (Affimed Therapeutics B.V.), Facilities Agreement (Velti PLC)

Deferral of Guarantors’ 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:Documents or by reason of any amount being payable, or liability arising, under Clause 18.1 (Guarantee and indemnity):

Appears in 2 contracts

Samples: www.sec.gov, Sibanye Gold LTD

Deferral of Guarantors’ rights. (O) 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising under this clause 25:

Appears in 1 contract

Samples: Facility Agreement (Kosmos Energy Ltd.)

Deferral of Guarantors’ rights. 19.9.1 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 Facility Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 19:

Appears in 1 contract

Samples: Facilities Agreement (Lesaka Technologies Inc)

Deferral of Guarantors’ 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 Intercreditor Agent otherwise directs, no Guarantor will exercise or otherwise enjoy the benefit of any rights right which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 15:

Appears in 1 contract

Samples: Terms Agreement (Sunpower Corp)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:: 44

Appears in 1 contract

Samples: Agreement (Mercer International Inc)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any or all of the following rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 1 contract

Samples: Facility Agreement (Edgen Murray PLC)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors any Obligor under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 18:

Appears in 1 contract

Samples: Facilities Agreement (Cemex Sab De Cv)

Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Obligors under or in connection with the Finance Documents and the Master Agreements have been irrevocably paid in full and unless the Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:

Appears in 1 contract

Samples: Credit Agreement (Eagle Bulk Shipping Inc.)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:Documents or by reason of any amount being payable, or liability arising, under this clause 19 (Guarantee and Indemnity):

Appears in 1 contract

Samples: www.stanleygibbonsplc.com

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause ‎17:

Appears in 1 contract

Samples: Facility Agreement (Shanda Media LTD)

Deferral of Guarantors’ 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 Agent otherwise directs, no the Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:: to be indemnified by an Obligor;

Appears in 1 contract

Samples: Agreement (Reckitt Benckiser Group PLC)

Deferral of Guarantors’ 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 Facility Agent otherwise directsdirect, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Clause 17:

Appears in 1 contract

Samples: Facility Agreement (Powerfleet, Inc.)

Deferral of Guarantors’ 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 Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:Documents or by reason of any amount being payable, or liability arising, under this Clause 20:-

Appears in 1 contract

Samples: Facility Agreement (Penske Automotive Group, Inc.)

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