Common use of GUARANTOR'S WAIVER OF RIGHTS Clause in Contracts

GUARANTOR'S WAIVER OF RIGHTS. So far as is necessary to give effect to anything contained or implied in this Guarantee and to ensure that the whole of the Guaranteed Money and Guaranteed Obligations are paid or satisfied or performed in full, the Guarantor waives in favour of the Beneficiary all rights whatever against the Beneficiary, the Debtor, any other guarantor of the Debtor or any other person or their or its estate and assets. Such waiver extends to and includes rights of subrogation, contribution and marshalling.

Appears in 5 contracts

Samples: Agreement (Fletcher Challenge Forests LTD), Management Agreement (Fletcher Challenge Forests LTD), Infrastructure Agreement (Fletcher Challenge Forests LTD)

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