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 Communications Corp), Credit Agreement (NTL Delaware Inc), 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: Facility Agreement (Primacom Ag), Credit Agreement (NTL Inc/De/), 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: Confidentiality Agreement (Ace LTD), Confidentiality Agreement (Ace LTD), 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: Participation Agreement (Getronics N V), Agreement (Comple Tel LLC), NTL Inc/De/

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: Credit Agreement (United Surgical Partners International Inc), Credit 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 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)

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: 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 (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: Credit 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 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: 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 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: Agreement (Koninklijke Numico Nv)

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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 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: Confidentiality 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 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: 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 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: Facility Agreement (Primacom Ag)

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 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: Credit Agreement (Transworld Healthcare Inc)

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