Common use of Limited Subrogation Clause in Contracts

Limited Subrogation. (a) Until all of the Obligations have been paid and performed in full Guarantor shall have no right to exercise any right of subrogation, reimbursement, indemnity, exoneration, contribution or any other claim which it may now or hereafter have against or to any Obligor or any Security in connection with this Guaranty, and Guarantor hereby waives any rights to enforce any remedy which Guarantor may have against any Restricted Person and any right to participate in any Security until such time. If any amount shall be paid to Guarantor on account of any such subrogation or other rights, any such other remedy, or any Security at any time when all of the Obligations and all other expenses guaranteed pursuant hereto shall not have been paid in full, such amount shall be held in trust for the benefit of Administrative Agent, shall be segregated from the other funds of Guarantor and shall forthwith be paid over to Administrative Agent to be held by Administrative Agent as collateral for, or then or at any time thereafter applied in whole or in part by Administrative Agent against, all or any portion of the Obligations, whether matured or unmatured, in such order as Administrative Agent shall elect.

Limited Subrogation. (a) Until all of the Obligations have been paid and performed in full full, no Guarantor shall have no any right to exercise any right of subrogation, reimbursement, indemnity, exoneration, contribution or any other claim which it may now or hereafter have against or to any Obligor or any Security in connection with this GuarantyGuaranty (including any right of subrogation under any statute or other law), and each Guarantor hereby waives any rights to enforce any remedy which such Guarantor may have against any Restricted Person and any right to participate in any Security until such timethe Borrower. If any amount shall be paid to any Guarantor on account of any such subrogation or other rights, rights or any such other remedy, or any Security remedy at any time when all of the Obligations and all other expenses guaranteed pursuant hereto shall not have been paid in full, such amount shall be held in trust for the benefit of the Administrative Agent, shall be segregated from the other funds of such Guarantor and shall forthwith be paid over to the Administrative Agent to be held by the Administrative Agent as collateral for, or then or at any time thereafter applied in whole or in part by the Administrative Agent against, all or any portion of the Obligations, whether matured or unmatured, in such order as the Administrative Agent shall elect.

Limited Subrogation. (a) Until all of the Obligations have been paid and performed in full Guarantor shall have no right right, by reason of or in connection with this Guaranty, to exercise any right of subrogation, reimbursement, indemnity, exoneration, contribution or any other claim which it may now or hereafter have against or to any Obligor or any Security in connection with this GuarantySecurity, and Guarantor hereby waives any rights to enforce any such remedy which Guarantor may have against any Restricted Person FCI and any right to participate in any Security until such time. If any amount shall be paid to Guarantor on account of any such subrogation or other rights, any such other remedy, or any Security at any time when all of the Obligations and all other expenses guaranteed pursuant hereto shall not have been paid in full, such amount shall be held in trust for the benefit of Administrative AgentBNPLC, shall be segregated from the other funds of Guarantor and shall forthwith be paid over to Administrative Agent BNPLC to be held by Administrative Agent BNPLC as collateral for, or then or at any time thereafter applied in whole or in part by Administrative Agent BNPLC against, all or any portion of the Obligations, whether matured or unmatured, in such order as Administrative Agent BNPLC shall elect.

Limited Subrogation. (a) Until all of the Obligations have been paid and performed in full Guarantor shall have no right right, by reason of or in connection with this Guaranty, to exercise any right of subrogation, reimbursement, indemnity, exoneration, contribution or any other claim which it may now or hereafter have against or to any Obligor or any Security in connection with this GuarantySecurity, and Guarantor hereby waives any rights to enforce any such remedy which Guarantor may have against any Restricted Person SWI and any right to participate in any Security until such time. If any amount shall be paid to Guarantor on account of any such subrogation or other rights, any such other remedy, or any Security at any time when all of the Obligations and all other expenses guaranteed pursuant hereto shall not have been paid in full, such amount shall be held in trust for the benefit of Administrative AgentBNPLC, shall be segregated from the other funds of Guarantor and shall forthwith be paid over to Administrative Agent BNPLC to be held by Administrative Agent BNPLC as collateral for, or then or at any time thereafter applied in whole or in part by Administrative Agent BNPLC against, all or any portion of the Obligations, whether matured or unmatured, in such order as Administrative Agent BNPLC shall elect.

Limited Subrogation. (a) 16.01 Until all of the Obligations have been paid and performed in full full, no Guarantor shall have no any right to exercise any right of subrogation, reimbursement, indemnity, exoneration, contribution or any other claim which it may now or hereafter have against or to any Obligor or any Security in connection with this GuarantyGuaranty (including any right of subrogation under any statute or other law), and each Guarantor hereby waives any rights to enforce any remedy which such Guarantor may have against any Restricted Person and any right to participate in any Security until such timethe Borrower. If any amount shall be paid to any Guarantor on account of any such subrogation or other rights, rights or any such other remedy, or any Security remedy at any time when all of the Obligations and all other expenses guaranteed pursuant hereto shall not have been paid in full, such amount shall be held in trust for the benefit of the Administrative Agent, shall be segregated from the other funds of such Guarantor and shall forthwith be paid over to the Administrative Agent to be held by Administrative the Collateral Agent as collateral Collateral for, or then or at any time thereafter applied in whole or in part by the Administrative Agent against, all or any portion of the Obligations, whether matured or unmatured, in such order as the Administrative Agent shall elect.

Limited Subrogation. (a) Until all of the Obligations have been paid and performed in full Guarantor shall have no right to exercise any right of subrogation, reimbursement, indemnity, exoneration, contribution or any other claim which it may now or hereafter have against or to any Obligor or any Security in connection with this Guaranty, and Guarantor hereby waives any rights to enforce any remedy which Guarantor may have against any Restricted Person Borrower and any right to participate in any Security until such time. If any amount shall be paid to Guarantor on account of any such subrogation or other rights, any such other remedy, or any Security at any time when all of the Obligations and all other expenses guaranteed pursuant hereto shall not have been paid in full, such amount shall be held in trust for the benefit of Administrative AgentLender, shall be segregated from the other funds of Guarantor and shall forthwith be paid over to Administrative Agent Lender to be held by Administrative Agent Lender as collateral for, or then or at any time thereafter applied in whole or in part by Administrative Agent Lender against, all or any portion of the Obligations, whether matured or unmatured, in such order as Administrative Agent Lender shall elect.

Limited Subrogation. (a) Until all of the Obligations have been paid and performed in full Guarantor shall have no right right, by reason of or in connection with this Guaranty, to exercise any right of subrogation, reimbursement, indemnity, exoneration, contribution or any other claim which it may now or hereafter have against or to any Obligor or any Security in connection with this GuarantySecurity, and Guarantor hereby waives any rights to enforce any such remedy which Guarantor may have against any Restricted Person SGC and any right to participate in any Security until such time. If any amount shall be paid to Guarantor on account of any such subrogation or other rights, any such other remedy, or any Security at any time when all of the Obligations and all other expenses guaranteed pursuant hereto shall not have been paid in full, such amount shall be held in trust for the benefit of Administrative AgentBNPLC, shall be segregated from the other funds of Guarantor and shall forthwith be paid over to Administrative Agent BNPLC to be held by Administrative Agent BNPLC as collateral for, or then or at any time thereafter applied in whole or in part by Administrative Agent BNPLC against, all or any portion of the Obligations, whether matured or unmatured, in such order as Administrative Agent BNPLC shall elect.