Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Borrowers 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 9 contracts
Samples: And Restatement Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD), Credit Agreement (NTL Delaware Inc)
Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Borrowers Obligors under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent Lender 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 3 contracts
Samples: Agreement (Shermen WSC Acquisition Corp), Harsco Corp, Harsco Corp
Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Borrowers Obligors under or in connection with the Finance Documents have been irrevocably paid in full and unless the Agent Burdale 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: Facility Agreement (Haynes International Inc), Facility Agreement (Haynes International Inc)
Deferral of Guarantors’ rights. 18.8.1 Until all amounts which may be or become payable by the Borrowers Obligors under or in connection with the Finance Documents have been irrevocably paid in full and unless the Senior Agent otherwise directs, no Guarantor will exercise any rights which it may have by reason of performance payment by it of its obligations any amounts owing under the Finance Documents:
Appears in 2 contracts
Samples: Senior Facilities Agreement (Atlatsa Resources Corp), Facilities Agreement (Atlatsa Resources Corp)
Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Borrowers Debtors under or in connection with the Finance 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 DocumentsDebt Documents or by reason of any amount being payable, or liability arising, under this Guarantee:
Appears in 1 contract
Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Borrowers Obligors under or in connection with the Expanded Finance Documents have been irrevocably paid in full and unless the Agent (or, as the case may be, the Security Trustee) 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:Documents:-
Appears in 1 contract
Deferral of Guarantors’ rights. 8.1 Until all amounts which may be or become payable by the Borrowers 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 1 contract
Samples: Credit Agreement (Sappi LTD)
Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Borrowers Obligors under or in connection with the Finance Documents have been irrevocably paid in full and unless 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 Documents:
Appears in 1 contract
Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Borrowers Credit Parties under or in connection with the Finance Documents have been irrevocably paid in full and unless the Administrative Agent otherwise directsdirects or agrees, 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
Deferral of Guarantors’ rights. Until all amounts which may be or become payable by the Borrowers 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 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: Agreement (Solutia Inc)
