Common use of Jersey Guaranty Waivers Clause in Contracts

Jersey Guaranty Waivers. (a) Each Guarantor incorporated under the laws of Jersey (a “Jersey Guarantor”) irrevocably and unconditionally waives and abandons any and all rights or entitlement which it has or may have under the existing or future laws of Jersey, whether by virtue of the customary law rights of droit de discussion or otherwise, to require that recourse be had to the assets of any other Borrower or any other Guarantor or other person before any claim is enforced against it in respect of its obligations under any Credit Document.

Appears in 6 contracts

Samples: Credit and Guaranty Agreement (Concordia International Corp.), Credit and Guaranty Agreement (Concordia International Corp.), Credit and Guaranty Agreement (Concordia International Corp.)

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Jersey Guaranty Waivers. (a) Each Guarantor incorporated under the laws of Jersey (Domiciled Grantor and any other Grantor that enters into a Jersey Guarantor”) Security Agreement irrevocably and unconditionally waives and abandons any and all rights or entitlement which it has or may have under the existing or future laws of Jersey, whether by virtue of the customary law rights of droit de discussion or otherwise, to require that recourse be had to the assets of any other Borrower or any other Guarantor or other person Person before any claim is enforced against it in respect of its obligations under any Credit Notes Document.

Appears in 3 contracts

Samples: Indenture (Concordia International Corp.), Indenture (Concordia Investment Holdings (Jersey) LTD), Indenture (Concordia International Corp.)

Jersey Guaranty Waivers. (a) Each Guarantor incorporated under the laws of Jersey (a “Jersey Guarantor”) irrevocably and unconditionally waives and abandons any and all rights or entitlement which it has or may have under the existing or future laws of Jersey, whether by virtue of the customary law rights of droit de discussion or otherwise, to require that recourse be had to the assets of any other Borrower or any other Guarantor or other person before any claim is enforced against it in respect of its obligations under any Credit Documentthis Indenture.

Appears in 1 contract

Samples: Indenture (Concordia Healthcare Corp.)

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Jersey Guaranty Waivers. (a) Each Guarantor incorporated under the laws of Jersey (Domiciled Grantor and any other Grantor that enters into a Jersey Guarantor”) Security Agreement irrevocably and unconditionally waives and abandons any and all rights or entitlement which it has or may have under the existing or future laws of Jersey, whether by virtue of the customary law rights of droit de discussion or otherwise, to require that recourse be had to the assets of any other Borrower or any other Guarantor or other person before any claim is enforced against it in respect of its obligations under any Credit Notes Document.

Appears in 1 contract

Samples: Indenture (Concordia International Corp.)

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