Common use of Immediate recourse Clause in Contracts

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 77 contracts

Samples: Multicurrency Revolving Facility Agreement (H Lundbeck a S), Facilities Agreement, Senior Facility Agreement (Lesaka Technologies Inc)

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Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1817. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 50 contracts

Samples: Bridge Facility Agreement (Smurfit WestRock LTD), Bridge Facility Agreement, Facility Agreement (Powerfleet, Inc.)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Credit Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 18Section 15. This waiver applies irrespective of any law or any provision of a Finance Credit Document to the contrary.

Appears in 49 contracts

Samples: Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1819. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 44 contracts

Samples: Facilities Agreement (Lesaka Technologies Inc), Common Terms Agreement (Harmony Gold Mining Co LTD), Unsecured NGN Term Facility Agreement (IHS Holding LTD)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1821. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 22 contracts

Samples: Senior Term Facilities Agreement (CorpAcq Group PLC), Senior Term Facilities Agreement (CorpAcq Group PLC), Secured Subordinated Notes Facility Agreement

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from that Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contraryClause.

Appears in 22 contracts

Samples: Credit Facility Agreement, Term and Revolving Facilities Agreement (Smith & Nephew PLC), Facility Agreement (Smith & Nephew PLC)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1820. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 18 contracts

Samples: Senior Term Facilities Agreement (NeoGames S.A.), Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD), Syndicated Facility Agreement (Metals Acquisition LTD)

Immediate recourse. (a) Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from that Guarantor under this Clause 18. Clause. (b) This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 16 contracts

Samples: Facility Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc), Credit Facilities Agreement (Amec PLC)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contraryclause 15.

Appears in 11 contracts

Samples: Revolving Credit Facility Agreement (Gold Fields LTD), Revolving Credit Facility Agreement (Gold Fields LTD), Revolving Credit Facility Agreement (Gold Fields LTD)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 1817. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 10 contracts

Samples: Facility Agreement, Secured Term Loan Facility (DHT Holdings, Inc.), Facility Agreement (PCGI Intermediate Holdings LTD)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1823. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 10 contracts

Samples: Note Subscription Agreement (CorpAcq Group PLC), Note Subscription Agreement (CorpAcq Group PLC), Revolving Facility Agreement (Manchester United PLC)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 10 contracts

Samples: Senior Facilities Agreement (OneSmart International Education Group LTD), Multicurrency Revolving Credit Agreement (Abb LTD), Facility Agreement (Midamerican Energy Holdings Co /New/)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party the Purchaser (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18clause 5. This waiver applies irrespective of any law or any provision of a Finance Document this Agreement to the contrary.

Appears in 7 contracts

Samples: Purchase Agreement (Osprey International LTD), Purchase Agreement (Osprey International LTD), Purchase Agreement (Osprey International LTD)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1815. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 7 contracts

Samples: Facility Agreement (Ozon Holdings PLC), Common Terms Agreement (Sunpower Corp), Subordinated Facility Agreement (Diana Shipping Inc.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18clause 17. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 7 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Loan Note Subscription Agreement (Metals Acquisition LTD), Loan Note Subscription Agreement (Metals Acquisition Corp)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18clause 25. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 7 contracts

Samples: Loan Agreement (Kosmos Energy Ltd.), Loan Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary14.

Appears in 6 contracts

Samples: Revolving Credit Facility (Syngenta Ag), Syndicated Credit Facility Agreement (Reuters Group PLC /Adr/), Syndicated Credit Facility (Reuters Group PLC /Adr/)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1822. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 6 contracts

Samples: Senior Facilities Agreement (OpSec Holdings), Facilities Agreement (Syngenta Ag), Revolving Facility Agreement (South Texas Supply Company, Inc.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1821 (Guarantee and indemnity). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 6 contracts

Samples: Revolving Facility Agreement (Nord Anglia Education, Inc.), Senior Revolving Facility Agreement (Nord Anglia Education, Inc.), Amendment and Restatement Agreement (Nord Anglia Education, Inc.)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from that the Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contraryClause.

Appears in 6 contracts

Samples: Secured Coordination Agreement (Rhodia), Credit Facility Agreement (Centex Corp), Credit Facility Agreement (International Paper Co /New/)

Immediate recourse. Each Guarantor waives The Guarantors waive any right it they may have of first requiring any Finance Secured Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person (including without limitation to commence any proceedings under any Finance Document or to enforce any Transaction Security) before claiming from that Guarantor or commencing proceedings under this Clause 1817 (Guarantee and Indemnity – Guarantors). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 6 contracts

Samples: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)

Immediate recourse. Each Except as provided in Clause 14.1(a)(ii) (Guarantee), each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary14.

Appears in 6 contracts

Samples: 5 Year Facility Agreement (Vodafone Group Public LTD Co), Facility Agreement (Vodafone Group Public LTD Co), 3 Year Facility Agreement (Vodafone Group Public LTD Co)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18clause 19. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 5 contracts

Samples: Revolving Credit Facility Agreement (Harmony Gold Mining Co LTD), Term and Revolving Credit Facilities Agreement (Harmony Gold Mining Co LTD), Term Facility Agreement (Enstar Group LTD)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Secured Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person (including without limitation to commence any proceedings under any Finance Document or to enforce any Transaction Security) before claiming from that Guarantor or commencing proceedings under this Clause 1817 (Guarantee and Indemnity). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 5 contracts

Samples: Facility Agreement (Euroseas Ltd.), Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1825. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 5 contracts

Samples: Term Facility Agreement (Manchester United PLC), Term Facility Agreement (Manchester United PLC), Revolving Facilities Agreement (Manchester United Ltd.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1824. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 5 contracts

Samples: Facility Agreement (Shire Ltd.), Syndication and Amendment Agreement (Shire PLC), Multicurrency Senior Term, Bridge and Revolving Credit Facilities Agreement (Randstad North America, L.P.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security Security or claim payment from any person before claiming from that Guarantor under this Clause 18clause 22. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 5 contracts

Samples: Senior Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) us to proceed against or enforce any other rights or security Security or claim payment from any person before claiming from that Guarantor under this Clause 18Deed. This waiver applies irrespective of any law or any provision of a Finance Facility Document to the contrary.

Appears in 5 contracts

Samples: Guarantee, Guarantee, Guarantee

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party the Lender (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 5 contracts

Samples: Loan Agreement (Melco Crown Entertainment LTD), Facility Agreement (Sequoia Capital China I Lp), Facility Agreement (Chiu Na Lai)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Creditor Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1816. This waiver applies irrespective of any law or any provision of a Finance Document or Master Agreement to the contrary.

Appears in 5 contracts

Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 1816. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 5 contracts

Samples: Facility Agreement (Digital Landscape Group, Inc.), Facility Agreement (Platinum Underwriters Holdings LTD), Facility Agreement (Platinum Underwriters Holdings LTD)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party Noteholder (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 18Deed. This waiver applies irrespective of any law or any provision of a Finance Document to the contraryLoan Note Document.

Appears in 5 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

Immediate recourse. Each Subject to Clause 18.6 (Requirement of notice), each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 4 contracts

Samples: Multicurrency Revolving Facility Agreement (Luxottica Group Spa), Facility Agreement (Luxottica Group Spa), Facilities Agreement (Luxottica Group Spa)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 1820. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 4 contracts

Samples: Unsecured Uncommitted Revolving Facilities Agreement (Molson Coors Brewing Co), Revolving Facilities Agreement (Molson Coors Brewing Co), Multicurrency Revolving Credit and Guarantee Facility Agreement (Acergy S.A.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Guaranteed Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1819. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 4 contracts

Samples: Facility Agreement (Marine Harvest ASA), Facility Agreement (Marine Harvest ASA), Facility Agreement (Marine Harvest ASA)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party or any Hedging Bank (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security Security or claim payment from any person before claiming from that Guarantor under this Clause 1824. This waiver applies irrespective of any law or any provision of a Finance Document or Hedging Document to the contrary.

Appears in 4 contracts

Samples: Loan Agreement (International Game Technology PLC), Loan Agreement (International Game Technology PLC), Loan Agreement (International Game Technology PLC)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1819 (Guarantee and indemnity). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 4 contracts

Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp), Borrowing Base Facility Agreement (Transglobe Energy Corp), Facility Agreement (Cascal N.V.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18clause 15. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 4 contracts

Samples: Revolving Credit Facility Agreement (Gold Fields LTD), Mezzanine Bridge Facility Agreement (Aramex International LTD), Bridge Facility Agreement (Aramex International LTD)

Immediate recourse. Each (a) The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from that the Guarantor under this Clause 18. Clause. (b) This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 4 contracts

Samples: Sponsor Guarantee (Ocean Rig UDW Inc.), Sponsor Construction and Post Delivery Guarantee (Ocean Rig UDW Inc.), Sponsor Construction and Post Delivery Guarantee (Ocean Rig UDW Inc.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (to require Agent or any trustee or agent on its behalf) Lender to proceed against against, or enforce any other rights or security Collateral or claim payment from from, any person other Person before claiming from that Guarantor under this Clause 18Section 4. This waiver applies irrespective of any law or any provision of a Finance Loan Document to the contrary.

Appears in 4 contracts

Samples: Credit Agreement (SWK Holdings Corp), Credit Agreement (Parnell Pharmaceuticals Holdings Pty LTD), Credit Agreement (Parnell Pharmaceuticals Holdings Pty LTD)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security Security or claim payment from any person before claiming from that the Guarantor under this Clause 1817. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 4 contracts

Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party the Lender (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1817. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 4 contracts

Samples: Revolving Credit Facility Agreement (Lesaka Technologies Inc), Senior Facilities Agreement (Asanko Gold Inc.), Facility Agreement (WABCO Holdings Inc.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalfbehalf of any of them) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18clause 20. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.), Amendment and Restatement Agreement (Aegean Marine Petroleum Network Inc.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1816. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 4 contracts

Samples: Note Purchase Agreement, Syndicated Loan Facility (Anglogold Ashanti LTD), Facility Agreement (China Shandong Industries, Inc.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Secured Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1819. This waiver applies irrespective of any law or any provision of a Finance Transaction Document to the contrary.

Appears in 3 contracts

Samples: Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Interim Finance Party (or any trustee Interim Security Agent or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.Clause

Appears in 3 contracts

Samples: Amendment and Restatement Agreement, Commitment Letter, Interim Facility Agreement

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary17.

Appears in 3 contracts

Samples: Credit Agreement (Spirent PLC), Supplemental Agreement (Spirent PLC), Term and Revolving Credit Facility (Meggit PLC)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any a Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Distribution Agreement (Central European Distribution Corp), Facility Agreement (Salton Inc), Facility Agreement (Salton Inc)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Creditor Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 1816. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Secured Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person (including without limitation to commence any proceedings under any Finance Document or to enforce any Transaction Security) before claiming from that Guarantor or commencing proceedings under this Clause 1816 (Guarantee and Indemnity). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Term Loan Facility (United Maritime Corp), Facility Agreement (United Maritime Corp), Term Loan Facility (Pyxis Tankers Inc.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18clause 17. This waiver applies irrespective of any law or any provision of a Senior Finance Document to the contrary.

Appears in 3 contracts

Samples: Credit Agreement (Fimep Sa), Senior Credit Agreement (Delta I Acquisition Inc), Senior Credit Agreement (Ocallaghan Barry)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security Security or claim payment from any person before claiming from that Guarantor under this Clause 1819. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Senior Facility Agreement (International Game Technology PLC), Facilities Agreement (International Game Technology PLC), Term Loan Agreement (Royal Invest International Corp.)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Secured Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person Person before claiming from that the Guarantor under this Clause 1815. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Project Facilities Agreement and Intercreditor Agreement (Pacific Drilling S.A.), Project Facilities Agreement and Intercreditor Agreement (Pacific Drilling S.A.), Amendment and Restatement Agreement (Pacific Drilling S.A.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that a Guarantor under this Clause 1819. This waiver applies irrespective of any law or regulation or any provision of a Finance Document to the contrary. Each Guarantor also waives any right to be sued jointly with other Guarantors and to share liability resulting from any claim against it.

Appears in 3 contracts

Samples: Facilities Agreement (Cemex Sab De Cv), Facilities Agreement (Cemex Sa De Cv), Facilities Agreement (Cemex Sa De Cv)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from that Guarantor it under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Finance Agreement, Subordinated Equity Bridge Credit Facilities (Imperial Tobacco Group PLC), Credit Facilities Agreement (Imperial Tobacco Group PLC)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person Person before claiming from that the Guarantor under this Clause 1815. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Pre Export Finance Agreement (Votorantim Pulp & Paper Inc), Pre Export Finance Agreement (Votorantim Pulp & Paper Inc), Pre Export Finance Agreement (Votorantim Pulp & Paper Inc)

Immediate recourse. Each Subject to Clause 17.6 (Requirement of notice), each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1817. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Loan Agreement (Luxottica Group Spa), Term Facility Agreement (Luxottica Group Spa), Bridge Facility Agreement (Luxottica Group Spa)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Facility Agreement, Facility Agreement (Danaos Corp), Secured Credit Facility Agreement (Seadrill Partners LLC)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from or file any proof or claim in any insolvency proceedings of any person before claiming from that Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Supplemental Agreement (Trader Com Nv), Supplemental Agreement (Dunlop Standard Aerospace Holdings PLC), Credit Agreement (Getty Images Inc)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1819 (Guarantee and Indemnity). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Creditor Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person (including without limitation to commence any proceedings under any Finance Document or to enforce any Transaction Security) before claiming from that Guarantor or commencing proceedings under this Clause 1817 (Guarantee and Indemnity). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Term Loan Facility (Grindrod Shipping Holdings Ltd.), Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.), Facility Agreement (Scorpio Tankers Inc.)

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Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person or file any proof or claim in any insolvency, administration, winding-up or liquidation proceedings relative to any other Obligor or any other person before claiming from that Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contraryClause.

Appears in 3 contracts

Samples: Senior Credit Facility (Smurfit Kappa Funding PLC), Credit Facilities Agreement (Hungarian Telephone & Cable Corp), Senior Credit Facility Agreement (JSG Funding PLC)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 1814. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Revolving Credit Facility (British American Tobacco p.l.c.), Revolving Credit Facility Agreement (British American Tobacco p.l.c.), Term Loan Agreement (British American Tobacco p.l.c.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that a Guarantor under this Clause 1819.5. This waiver applies irrespective of any law or regulation or any provision of a Finance Document to the contrary. Each Guarantor also waives any right to be sued jointly with other Guarantors and to share liability resulting from any claim against it.

Appears in 3 contracts

Samples: Acquisition Facilities Agreement (Cemex Sa De Cv), Acquisition Facilities Agreement (Cemex Sab De Cv), Acquisition Facilities Agreement (Cemex Sa De Cv)

Immediate recourse. Each Additional Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Additional Guarantor under this Clause 1819. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Secured Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person (including without limitation to commence any proceedings under any Finance Document or to enforce any Transaction Security) before claiming from that Guarantor or commencing proceedings under this Clause 18β€Ž16 (Guarantee and Indemnity). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Facility Agreement (United Maritime Corp), Term Loan Facility (Seanergy Maritime Holdings Corp.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Secured Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18Section 13. This waiver applies irrespective of any law or any provision of a Finance Credit Document to the contrary.

Appears in 2 contracts

Samples: Abl Credit Agreement (Univar Inc.), Abl Credit Agreement (Univar Inc.)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 18Guarantee. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Deed of Guarantee (Carnival Corp), Deed of Guarantee (Carnival Corp)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 182. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Guarantee (Wimm Bill Dann Foods Ojsc), Guarantee (Wimm Bill Dann Foods Ojsc)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Creditor Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1816. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 1817 (Guarantee and Indemnity). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (McDermott International Inc)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from that Guarantor under this Clause 18Clause. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Credit Agreement (Archstone Smith Trust), Credit Facility (Mittal Steel Co N.V.)

Immediate recourse. Each Except as provided in Clause 15.1(a)(ii) (Guarantee), each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary15.

Appears in 2 contracts

Samples: Facility Agreement (Vodafone Group Public LTD Co), Facility Agreement (Vodafone Group Public LTD Co)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person Person before claiming from that Guarantor under this Clause 1817 (Guarantee and Indemnity). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Single Currency Term Facility Agreement (Bristol Myers Squibb Co), Single Currency Term Facility Agreement (Bristol Myers Squibb Co)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security Security or claim payment from any person before claiming from that Guarantor under this Clause 1817. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Facility Agreement (Delhaize Group), Facility Agreement (Delhaize Group)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 18clause 14. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.), Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Transferring Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from that the Guarantor under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contraryClause.

Appears in 2 contracts

Samples: Debt Transfer Agreement (Cordiant Communications Group PLC /Adr), Debt Transfer Agreement (Cordiant Communications Group PLC /Adr)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor it under this Clause 1819. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Validus Holdings LTD), Amendment and Restatement Agreement (Validus Holdings LTD)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Secured Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 1819. This waiver applies irrespective of any law or any provision of a Finance Transaction Document to the contrary.

Appears in 2 contracts

Samples: Term Loan Facility Agreement (GDS Holdings LTD), Term Loan Facility Agreement (GDS Holdings LTD)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1817.1 (Guarantee and indemnity). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Term and Revolving Credit Facilities Agreement (Sibanye Gold LTD), Term and Revolving Credit Facilities Agreement (Sibanye Gold LTD)

Immediate recourse. Each (a) The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from that the Guarantor under this Clause 18. (including, without limitation, proceeding against or enforcing any right to claim payment from the Sponsor under the Sponsor Construction and Post-Delivery Guarantee). (b) This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Guarantee Agreement (Ocean Rig UDW Inc.), Guarantee Agreement (Ocean Rig UDW Inc.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee Security Agent or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1816. This waiver applies irrespective of any law or any provision of a Bridge Finance Document to the contrary.

Appears in 2 contracts

Samples: Bridge Facility Agreement (Nordic Telephone CO ApS), Bridge Facility Agreement (Nordic Telephone CO ApS)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that each Guarantor under this Clause 18Guarantee. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.), Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent the Facility Agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1819. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Term Facilities and Revolving Credit Agreement (SGL Carbon Aktiengesellschaft), Term Facilities and Revolving Credit Agreement (SGL Carbon Aktiengesellschaft)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party the Lender (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 18clause 16 (Guarantee and indemnity). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Uncommitted Borrowing Base Facility Agreement (Hafnia LTD), Uncommitted Borrowing Base Facility Agreement (Hafnia LTD)

Immediate recourse. (a) Each Guarantor waives any right it may have of first requiring any Interim Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18. Schedule 4. (b) This waiver applies irrespective of any law or any provision of a an Interim Finance Document to the contrary.

Appears in 2 contracts

Samples: Commitment Letter (Atlas Investissement), Interim Facilities Agreement (Quanex Building Products CORP)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Senior Finance Party or Hedging Bank (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1821. This waiver applies irrespective of any law or any provision of a Senior Finance Document or Hedging Document to the contrary.

Appears in 2 contracts

Samples: Senior Facility Agreement (Inmarsat Holdings LTD), Senior Facility Agreement (Inmarsat Launch CO LTD)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 18Guarantee. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Guarantee (Genco Shipping & Trading LTD), Credit Agreement (Sappi LTD)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party the Lender (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security Security or claim payment from any person before claiming from that the Guarantor under this Clause 18Clause. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Facility Agreement (Transatlantic Petroleum Ltd.), Trade Finance Term Loan Facility (Transatlantic Petroleum Ltd.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Secured Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person (including without limitation to commence any proceedings under any Finance Document or to enforce any Transaction Security) before claiming from that Guarantor or commencing proceedings under this Clause 1817 (Guarantee and Indemnity). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Term Loan Facility (Ardmore Shipping Corp), Term Loan Agreement (Ocean Rig UDW Inc.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Senior Finance Party (or any trustee the Security Agent or agent on its behalf) to proceed against or enforce any other rights or security or claim obtain payment from any person before claiming from that Guarantor under this Clause 1824 (Guarantees). This waiver applies irrespective of any law or any provision of a Senior Finance Document to the contrary.

Appears in 2 contracts

Samples: Loan Agreement (Elster Group SE), Loan Agreement (Elster Group SE)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party the Security Agent (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 18Deed. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Guarantee and Indemnity (Coeur D Alene Mines Corp), Capital Expenditure and Cost Overrun Guarantee and Indemnity (Coeur D Alene Mines Corp)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1819. This waiver applies irrespective of any law or any provision of a Finance Document and/or any Hedging Agreements to the contrary.

Appears in 2 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Facility Agreement (DHT Holdings, Inc.)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person Person before claiming from that the Guarantor under this Clause 1811. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Credit Facility Agreement (Amtrust Financial Services, Inc.), Facility Agreement (Amtrust Financial Services, Inc.)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 18clause 17. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Facility Agreement (Quintana Shipping Ltd.), Loan Facility Agreement (Navigator Holdings Ltd.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 1821 (Guarantee and Indemnity). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Facility Agreement (Kronos International Inc), Facility Agreement (Kronos International Inc)

Immediate recourse. Each Guarantor of the Guarantors waives any right it may have of first requiring any Finance Creditor Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that such Guarantor under this Clause 1816. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Credit Agreement (Scorpio Bulkers Inc.), Credit Agreement (Scorpio Bulkers Inc.)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party or the Swap Bank (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 1817. This waiver applies irrespective of any law or any provision of a Finance Document or Swap Agreement to the contrary.

Appears in 2 contracts

Samples: Term Loan Facility Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (DHT Holdings, Inc.)

Immediate recourse. Each The Guarantor waives any right it may have of first requiring any Finance Party the Lender (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that the Guarantor under this Clause 187. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Term Facility Agreement (Grindrod Shipping Holdings Ltd.), Term Facility Agreement (Grindrod Shipping Holdings Ltd.)

Immediate recourse. Each Guarantor waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from that Guarantor under this Clause 18clause 20 (Verzicht auf die Einrede der Vorausklage (Section 771] German Civil Code (BGB))). This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Multicurrency Revolving Credit Agreement (Mercer International Inc), Revolving Credit Facility Agreement (Mercer International Inc.)

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