Common use of RECOVERING BANK'S RIGHTS Clause in Contracts

RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 (Redistribution of Payments) in respect of the Sharing Payment (and the relevant Obligor shall be liable to the Recovering Bank in an amount equal to the Sharing Payment).

Appears in 4 contracts

Samples: Credit Agreement (NTL Delaware Inc), Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Inc)

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RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 29.2 (Redistribution of Payments) in respect of the Sharing Payment (and the relevant Obligor shall be liable to the Recovering Bank in an amount equal to the Sharing Payment).

Appears in 4 contracts

Samples: Credit Agreement (NTL Inc/De/), Multicurrency Revolving Credit Facility Agreement (Prologis Trust), Credit Agreement (NTL Delaware Inc)

RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into to the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 27.2 (Redistribution of Payments) in respect of the Sharing Payment (and the relevant Obligor shall be liable to the Recovering Bank in an amount equal to the Sharing Payment)) in place of any corresponding liability to the parties which have shared in the redistribution.

Appears in 3 contracts

Samples: Credit Agreement (Ace LTD), Credit Agreement (Ace LTD), Credit Agreement (Ace LTD)

RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 33.2 (Redistribution of Payments) in respect of the Sharing Payment (and the relevant Obligor shall be liable to the Recovering Bank in an amount equal to the Sharing Payment).

Appears in 3 contracts

Samples: Credit Agreement (Comple Tel LLC), Credit Agreement (NTL Inc/De/), Loan Agreement (Getronics N V)

RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 30.2 (Redistribution of PaymentsREDISTRIBUTION OF PAYMENTS) in respect of the Sharing Payment (and the relevant Obligor shall be liable to the Recovering Bank in an amount equal to the Sharing Payment).

Appears in 2 contracts

Samples: Senior Term Facility Agreement (United Surgical Partners International Inc), Senior Term Facility Agreement (United Surgical Partners International Inc)

RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 27.2 (Redistribution of PaymentsREDISTRIBUTION OF PAYMENTS) in respect of the Sharing Payment (and the relevant Obligor shall be liable to the Recovering Bank in an amount equal to the Sharing Payment).

Appears in 1 contract

Samples: Bridge Facility Agreement (Koninklijke Numico Nv)

RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 25.2 (Redistribution of Payments) in respect of the Sharing Payment (and the relevant Obligor shall be liable to the Recovering Bank in an amount equal to the Sharing Payment).

Appears in 1 contract

Samples: Revolving Loan Agreement (Imc Global Inc)

RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 32.2 (Redistribution of PaymentsREDISTRIBUTION OF PAYMENTS) in respect of the Sharing Payment (and the relevant Obligor shall be liable to the Recovering Bank in an amount equal to the Sharing Payment).

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Koninklijke Numico Nv)

RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into to the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 25.2 (Redistribution of Payments) in respect of the Sharing Payment (and the relevant Obligor shall be liable to the Recovering Bank in an amount equal to the Sharing Payment)) in place of any corresponding liability to the parties which have shared in the redistribution.

Appears in 1 contract

Samples: Exhibit Agreement (Ace LTD)

RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 26.2 (Redistribution of PaymentsREDISTRIBUTION OF PAYMENTS) in respect of the Sharing Payment (and the relevant Obligor shall be liable to the Recovering Bank in an amount equal to the Sharing Payment).

Appears in 1 contract

Samples: Second Secured Facility Agreement (Primacom Ag)

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RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into to the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 33.2 (Redistribution of Payments) in respect of the Sharing Payment (and the relevant Obligor shall be liable to the Recovering Bank in an amount equal to the Sharing Payment).

Appears in 1 contract

Samples: Senior Credit Agreement (Transworld Healthcare Inc)

RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into to the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 30.2 (Redistribution of Payments) in respect of the Sharing Payment (and the relevant Obligor shall be liable to the Recovering Bank in an amount equal to the Sharing Payment).

Appears in 1 contract

Samples: Mezzanine Credit Agreement (Transworld Healthcare Inc)

RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 27.2 (Redistribution of Payments) in respect of the Sharing Payment (and the relevant Obligor shall be liable to the Recovering Bank in an amount equal to the Sharing Payment).

Appears in 1 contract

Samples: Term Facility Agreement (Zindart LTD)

RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 (Redistribution of PaymentsREDISTRIBUTION OF PAYMENTS) in respect of the Sharing Payment (and the relevant Obligor Borrower shall be liable to the Recovering Bank in an amount equal to the Sharing Payment).

Appears in 1 contract

Samples: Revolving Loan Facility Agreement (United Pan Europe Communications Nv)

RECOVERING BANK'S RIGHTS. The Recovering Bank will be subrogated into the rights of the parties which have shared in a redistribution pursuant to Clause 28.2 27.2 (Redistribution of Payments) in respect of the Sharing Payment (and the relevant Obligor Borrower shall be liable to the Recovering Bank in an amount equal to the Sharing Payment).

Appears in 1 contract

Samples: Facility Agreement (Micron Technology Inc)

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