Common use of Limited Subrogation Clause in Contracts

Limited Subrogation. 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 (including any right of subrogation under ss.

Appears in 2 contracts

Samples: Credit Agreement (Leslie Resources Inc), Guaranty (Leslie Resources Inc)

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Limited Subrogation. 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 (including any right of subrogation under ss.Guaranty

Appears in 2 contracts

Samples: Guaranty (Leslie Resources Inc), Guaranty (Leslie Resources Inc)

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