Common use of Deferral of Obligors’ rights Clause in Contracts

Deferral of Obligors’ 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 Obligor 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: Hines Global REIT, Inc., Hines Global REIT, Inc.

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Deferral of Obligors’ 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 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, or liability arising, under this Clause ‎19:

Appears in 2 contracts

Samples: Facility Agreement (NorthStar Healthcare Income, Inc.), Facility Agreement (Northstar Realty Finance Corp.)

Deferral of Obligors’ rights. Until all amounts which may be or become payable by the Obligors under or in connection with the Finance Documents have been unconditionally and irrevocably paid in full and unless the Agent Lender otherwise directs, no Obligor 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

Samples: Amendment and Restatement Agreement (Sedibelo Resources LTD)

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Deferral of Obligors’ 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 Administrative Agent otherwise directs, no Obligor 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: Common Terms Agreement (Ultrapetrol Bahamas LTD)

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