Deferral of Guarantors’ rights. 16.7 Each Guarantor agrees that, so long as any amounts are or may be owed by the Account Party under the Finance Documents or the Account Party is under any actual or contingent obligations under the Finance Documents, it shall not exercise any rights which it may at any time have by reason of performance by it of its obligations under the Finance Documents:
Appears in 8 contracts
Samples: Credit Facility and Reimbursement Agreement (Xl Capital LTD), Agreement (Xl Capital LTD), Xl Capital LTD
