Common use of Deferral of Rights Clause in Contracts

Deferral of Rights. Until such time as the Secured Obligations have been discharged in full, no Chargor will exercise any rights which it may have by reason of performance by it of its obligations under this Security Agreement: 16.7.1 to be indemnified by any Obligor; 16.7.2 to claim any contribution from any guarantor of any Obligor’s obligations under this Security Agreement; and/or 16.7.3 to take the benefit (in whole or in part and whether by way of subrogation or otherwise) of any rights of the Interim Finance Parties under the Interim Documents or of any other guarantee or Security taken pursuant to, or in connection with, this Security Agreement by any Interim Finance Party.

Deferral of Rights. Until such time as the Secured Obligations Liabilities have been discharged in full, no the Chargor will not exercise any rights which it may have by reason of performance by it of its obligations under this Security AgreementDeed: 16.7.1 13.7.1 to be indemnified by any Obligor; 16.7.2 13.7.2 to claim any contribution from any guarantor of any Obligor’s 's obligations under this Security Agreementthe Debt Documents; and/or 16.7.3 13.7.3 to take the benefit (in whole or in part and whether by way of subrogation or otherwise) of any rights of the Interim Finance Secured Parties under the Interim Debt Documents or of any other guarantee or Security taken pursuant to, or in connection with, this Security Agreement the Debt Documents by any Interim Finance Secured Party.

Deferral of Rights. Until such time as the Secured Obligations Liabilities have been discharged in full, no the Chargor will not exercise any rights which it may have by reason of performance by it of its obligations under this Security AgreementDeed: 16.7.1 14.7.1 to be indemnified by any Obligor; 16.7.2 14.7.2 to claim any contribution from any guarantor of any Obligor’s 's obligations under this Security AgreementDeed; and/or 16.7.3 14.7.3 to take the benefit (in whole or in part and whether by way of subrogation or otherwise) of any rights of the Interim Finance Secured Parties under the Interim Documents or of any other guarantee or Security taken pursuant to, or in connection with, this Security Agreement Deed by any Interim Finance Secured Party.

Deferral of Rights. Until such time as the Secured Obligations Liabilities have been discharged in full, no the Chargor will not exercise any rights which it may have by reason of performance by it of its obligations under this Security AgreementDeed: 16.7.1 12.7.1 to be indemnified by any Obligor; 16.7.2 12.7.2 to claim any contribution from any guarantor of any Obligor’s 's obligations under this Security Agreementthe Debt Documents; and/or 16.7.3 12.7.3 to take the benefit (in whole or in part and whether by way of subrogation or otherwise) of any rights of the Interim Finance Secured Parties under the Interim Debt Documents or of any other guarantee or Security taken pursuant to, or in connection with, this Security Agreement the Debt Documents by any Interim Finance Secured Party.