Common use of Recovering Finance Party’s rights Clause in Contracts

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 33 contracts

Samples: www.sec.gov, Charter Agreement (Knightsbridge Shipping LTD), And Restatement Agreement (Melco Crown Entertainment LTD)

AutoNDA by SimpleDocs

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 27 contracts

Samples: Credit Facility Agreement (North Atlantic Drilling Ltd.), Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 20 contracts

Samples: Restatement Agreement (Las Vegas Sands Corp), Igt Senior Facilities Agreement (International Game Technology PLC), Agreement (Las Vegas Sands Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 17 contracts

Samples: Second Amendment and Restatement Agreement (Gulfmark Offshore Inc), Agreement (Sesa Sterlite LTD), Agreement (Mobile Telesystems Ojsc)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 31.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 15 contracts

Samples: Whereas Eksportfinans, Credit Facilities Agreement, Senior Secured Credit Facility Agreement

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 30.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 15 contracts

Samples: Agreement (Bunge Global SA), Agreement (Bungeltd), Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD)

Recovering Finance Party’s rights. (a) 22.3.1 On a distribution by the Agent under Clause 27.2 (Redistribution of payments)22.2, the Recovering Finance Party will will, if possible under the relevant applicable laws, be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 10 contracts

Samples: Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 10 contracts

Samples: Agreement (Micron Technology Inc), Facilities Agreement (Xstrata PLC), Facilities Agreement (Xstrata PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 9 contracts

Samples: Facilities Agreement (3SBio Inc.), Term Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC)

Recovering Finance Party’s rights. (a) 29.3.1 On a distribution by the Agent under Clause 27.2 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 7 contracts

Samples: Facility Agreement (Hoegh LNG Partners LP), Facility Agreement (Hoegh LNG Partners LP), Assignment Agreement (Enstar Group LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 30.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 7 contracts

Samples: And Restatement Agreement (Liberty Global PLC), And Restatement Agreement (Liberty Global PLC), Amendment and Restatement Agreement (Liberty Global PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.,

Appears in 7 contracts

Samples: Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 25.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 6 contracts

Samples: Agreement (Anthracite Capital Inc), Agreement (Aluminum Corp of China), Agreement (Aluminum Corp of China)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 32.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 6 contracts

Samples: Facilities Agreement (Melco Crown Entertainment LTD), Credit Agreement (Eagle Bulk Shipping Inc.), Facility Agreement (Rockwood Specialties Group Inc)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 35.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 6 contracts

Samples: Senior Facilities Agreement (Virgin Media Investment Holdings LTD), Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 23.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 5 contracts

Samples: Propco Facility Agreement (Toys R Us Inc), Propco Facility Agreement (Toys R Us Inc), Facility Agreement (China Security & Surveillance Technology, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will shall be subrogated entitled to receive by way of assignment the rights of the Finance Parties which to the extent they have shared in the redistribution.

Appears in 5 contracts

Samples: Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 33.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 5 contracts

Samples: Cascal Facility Agreement (Cascal N.V.), Law (Pernod Ricard S a /Fi), Cascal Facility Agreement (Cascal N.V.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 sub-clause 8.3.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Credit and Reimbursement Agreement (Arch Capital Group Ltd.), Letter of Credit and Reimbursement Agreement (Arch Capital Group Ltd.), Letter of Credit and Reimbursement Agreement (Arch Capital Group Ltd.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 24.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Agreement (Nordic Telephone CO ApS), Agreement (Nordic Telephone CO ApS), Bridge Loan Facility Agreement (SeaDrill LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Assignment Agreement (B Plus H Ocean Carriers LTD)

Recovering Finance Party’s rights. (a) 34.3.1 On a distribution by the an Agent under Clause 27.2 34.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Facilities Agreement (Shire Ltd.), Agreement (Shire PLC), Agreement (Shuttle Corp)

Recovering Finance Party’s rights. (a) 29.3.1 On a distribution by the Agent under Clause 27.2 clause 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Facilities Agreement (International Shipping Enterprises, Inc.), Facilities Agreement (International Shipping Enterprises, Inc.), Agreement (Navios Maritime Holdings Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Administrative Agent under Clause 27.2 31.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Financing Agreement, Financing Agreement (Cemex Sab De Cv), Financing Agreement (Cemex Sab De Cv)

Recovering Finance Party’s rights. (a) 30.3.1 On a distribution by the Agent under Clause 27.2 30.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: And Restatement Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Facility Agreement (Eksportfinans Asa), Facility Agreement (Eksportfinans Asa), Assignment Agreement (B Plus H Ocean Carriers LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 34.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 (Redistribution of payments)27.2, the Recovering Finance Creditor Party will will, if possible under the relevant applicable laws, be subrogated to the rights of the Finance Creditor Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 3 contracts

Samples: Senior Term Facility Agreement (SemGroup Corp), Agreement (Centerpulse LTD), Agreement (Solutia Inc)

Recovering Finance Party’s rights. (a) 28.3.1 On a distribution by the Agent under Clause 27.2 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 3 contracts

Samples: Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD)

Recovering Finance Party’s rights. (a) 27.3.1 On a distribution by the Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 3 contracts

Samples: Agreement (Promotora De Informaciones Sa /Fi), Credit Agreement (Corporate Property Associates 16 Global Inc), Credit Agreement (Corporate Property Associates 16 Global Inc)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 26.2 (Redistribution of paymentsPayments), the Finance Parties that have shared in the redistribution shall assign to the Recovering Finance Party will be subrogated their rights to the rights of the Finance Parties which have shared in the redistributionpayments that were redistributed.

Appears in 3 contracts

Samples: Agreement (Advanced Micro Devices Inc), Agreement (Advanced Micro Devices Inc), Agreement (Advanced Micro Devices Inc)

Recovering Finance Party’s rights. (a) On a distribution by the PIK Facility Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 3 contracts

Samples: Agreement (Nordic Telephone CO ApS), Agreement (Nordic Telephone CO ApS), Agreement (Nordic Telephone CO ApS)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 31.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 3 contracts

Samples: Agreement (Groupe Eurotunnel SA), Agreement (Groupe Eurotunnel SA), Senior Facilities Agreement (Nordic Telephone CO ApS)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistributionredistribution which Finance Parties agree that they will in that connection waive the benefit of Article 1252 of the French Code Civil.

Appears in 3 contracts

Samples: Multicurrency Revolving Facility Agreement (Tercica Inc), Agreement (Sanofi Synthelabo Sa), Agreement (Sanofi Synthelabo Sa)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistributionredistribution which Finance Parties agree that they will in that connection waive the benefit of Article 1252 of the French Code Civil.

Appears in 3 contracts

Samples: Agreement (Lafarge), Multicurrency Term and Revolving Facilities Agreement (Tenedor CORP), Agreement (Lafarge)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 39.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Agreement (Rockwood Holdings, Inc.), Amendment and Restatement Agreement (Rockwood Holdings, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the a Transaction Agent under Clause 27.2 4.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the applicable Transaction Finance Parties and/or the Secured Parties which have shared in the redistributionsuch distribution.

Appears in 2 contracts

Samples: Security Trust (SinoTech Energy LTD), Security Trust (SinoTech Energy LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 clause 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Agreement (Coeur D Alene Mines Corp), Agreement (Coeur D Alene Mines Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Assignment Agreement (DHT Holdings, Inc.), Assignment Agreement (DHT Holdings, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will shall be subrogated entitled to receive by way of assignment the rights of the Finance Parties which to the extent they have shared in the redistribution.

Appears in 2 contracts

Samples: Credit Facility Agreement (Sap Ag), Credit Facility Agreement (Sap Ag)

Recovering Finance Party’s rights. (a) On a The Finance Parties shall assign to the Recovering Finance Party their rights against the Obligors to the extent such Finance Parties have shared in the distribution by the Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Loan Facilities Agreement, Facilities Agreement (Linde AG)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 26.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Agreement (Tiffany & Co), S130333       Facility Agreement (Tiffany & Co)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 28.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Facility Agreement (Avis Budget Group, Inc.), Facility Agreement (Avis Budget Group, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Administrative Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Agreement (Ship Finance International LTD), Facility Agreement (Ship Finance International LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.. Back to Contents

Appears in 2 contracts

Samples: Facility Agreement (Wolseley PLC), Agreement (Wolseley PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Administrative Agent under Clause 27.2 31.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistributionredistribution which Finance Parties agree that they will in that connection waive the benefit of article 1252 of the French Code civil.

Appears in 2 contracts

Samples: Letter of Credit Facility Agreement (Flowserve Corp), Agreement (Flowserve Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 31 (Redistribution of paymentsSharing among the Financial Parties), each Finance Party which has shared in the redistribution shall assign to the Recovering Finance Party will be subrogated an amount equal to the rights its share of the Finance Parties which have shared in the redistributionSharing Payment.

Appears in 2 contracts

Samples: Facilities Agreement (Sirona Dental Systems, Inc.), Facilities Agreement (Sirona Dental Systems, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the COFACE Agent under Clause 27.2 30.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Coface Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.)

Recovering Finance Party’s rights. (a) 22.3.1 On a distribution by the Agent under Clause 27.2 22.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Restated Agreement (HCC Insurance Holdings Inc/De/), Agreement (HCC Insurance Holdings Inc/De/)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistributionredistribution which Finance Parties agree that they will in that connection waive the benefit of Article 1252 of the French Code Civil.

Appears in 2 contracts

Samples: Agreement (Lafarge), Agreement (Lafarge)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Agreement (Atlas Investissement), Agreement (Atlas Investissement)

Recovering Finance Party’s rights. (ai) On a distribution by the Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Million Facility Agreement (Sterlite Industries (India) LTD), Facility Agreement (Sterlite Industries (India) LTD)

Recovering Finance Party’s rights. (a) 29.3.1. On a distribution by the Facility Agent under Clause 27.2 29.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: www.sec.gov, Term Loan Facility Agreement (Sibanye Gold LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 25.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Facility Agreement (Cemex Sab De Cv), Dual Currency Term Facility Agreement (Xstrata PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 clause 22.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Restated Agreement (HCC Insurance Holdings Inc/De/), Restated Agreement (HCC Insurance Holdings Inc/De/)

Recovering Finance Party’s rights. (a) On a distribution by the Bridge Facility Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Agreement (Nordic Telephone CO ApS), Bridge Facility Agreement (Nordic Telephone CO ApS)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 clause 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Facility Agreement (Videocon D2h LTD), Agreement (Opto Circuits (India) LTD)

Recovering Finance Party’s rights. (a) 29.3.1 On a distribution by the Agent under Clause 27.2 29.2 (Redistribution of payments), the Recovering Finance Party will shall be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Facilities Agreement (Central European Distribution Corp), Facility Agreement (Central European Distribution Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 32.2 (Redistribution of payments), the Recovering Finance Party will shall be subrogated entitled to receive by way of assignment the rights of the Finance Parties which to the extent they have shared in the redistribution.

Appears in 2 contracts

Samples: Facilities Agreement (HeidelbergCement AG), Facilities Agreement (HeidelbergCement AG)

Recovering Finance Party’s rights. (a) On a distribution by the Security Agent under Clause 27.2 15.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Common Terms Agreement (Seadrill Partners LLC), Common Terms Agreement (Seadrill Partners LLC)

AutoNDA by SimpleDocs

Recovering Finance Party’s rights. (a) On a distribution by the relevant Agent under Clause 27.2 33.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (International Textile Group Inc)

Recovering Finance Party’s rights. (a) 16.4.1 On a distribution by the Agent under Clause 27.2 (Redistribution of payments)clause 16.3, the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Loan Agreement (Telewest Global Inc)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 clause 28.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Reuters Group PLC /Adr/

Recovering Finance Party’s rights. (a) On a distribution by the Facilities Agent under Clause 27.2 32.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Carnival PLC)

Recovering Finance Party’s rights. (a) 35.3.1 On a distribution by the an Agent under Clause 27.2 35.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Shire Pharmaceuticals Group PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 34.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Telewest Global Inc)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 37.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Buhrmann Nv)

Recovering Finance Party’s rights. (a) 28.3.1 On a distribution by the relevant Agent under Clause 27.2 clause 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Hungarian Telephone & Cable Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 35.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (NDS Group PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facility Agreement (Multi Fineline Electronix Inc)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 36.2 (Redistribution of payments), Payments) the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the that redistribution.

Appears in 1 contract

Samples: Credit Agreement (IHS Holding LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 32.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Iron Mountain Inc)

Recovering Finance Party’s rights. (a) 33.3.1 On a distribution by the Agent under Clause 27.2 33.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facility Agreement (Edgen Murray PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 26.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistributionredistribution in respect of the Sharing Payments.

Appears in 1 contract

Samples: Facilities Agreement (United Biscuits Finance PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 26.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Senior Finance Parties which have shared in the redistributionredistribution in respect of the Sharing Payments.

Appears in 1 contract

Samples: Facilities Agreement (United Biscuits Finance PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 clause 16.6.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Teekay LNG Partners L.P.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Ship Acquisition Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 32.2 (Redistribution of paymentsREDISTRIBUTION OF PAYMENTS), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Iron Mountain Inc/Pa)

Recovering Finance Party’s rights. (aA) On a distribution by the Agent under Clause 27.2 30.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Assignment Agreement (Shire PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 29.2 (Redistribution of paymentsREDISTRIBUTION OF PAYMENTS), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Abb LTD)

Recovering Finance Party’s rights. (a) 23.3.1 On a distribution by the Agent under Clause 27.2 23.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: HCC Insurance Holdings Inc/De/

Recovering Finance Party’s rights. (a) On a distribution by the Administrative Agent under Clause 27.2 25.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Term Facility Agreement (Cadence Design Systems Inc)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facility Agreement (PT Indosat TBK)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 clause 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Enstar Group LTD

Recovering Finance Party’s rights. (a) On a distribution by the Senior Agent under Clause 27.2 33.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Anooraq Resources Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 24.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.. Execution

Appears in 1 contract

Samples: Agreement (China Security & Surveillance Technology, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Administrative Agent under Clause 27.2 29.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Credit Facility Agreement (Teekay Shipping Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 29.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Telewest Global Inc)

Recovering Finance Party’s rights. (a) 28.3.1 On a distribution by the Agent under Clause 27.2 28.2 (Redistribution of payments), the Recovering Finance Party will shall be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: And Restatement Agreement (Central European Distribution Corp)

Recovering Finance Party’s rights. (a) 26.3.1 On a distribution by the Facility Agent under Clause 27.2 clause 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Commercial Metals Co)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 30.2 (Redistribution of payments), the Recovering Finance Party will shall be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Corporate Property Associates 17 - Global INC)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 30.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties and Hedge Counterparties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Noble International, Ltd.)

Recovering Finance Party’s rights. (a) On a distribution distributi on by the Agent under Clause 27.2 28.2 (Redistribution of paymentspayments ), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Intercontinental Hotels Group PLC /New/)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 24.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Concordia Bus Nordic AB)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 clause 39.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.. 182

Appears in 1 contract

Samples: Agreement (Hoegh LNG Partners LP)

Recovering Finance Party’s rights. (a1) On a distribution by the Facility Agent under Clause 27.2 14.3.3 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Central European Distribution Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 32.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Senior Facilities Agreement (Yell Finance Bv)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 23.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: 000 Facility Agreement (Moscow Cablecom Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 31.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Signet Jewelers LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.