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

Recovering Finance Party’s rights. On a distribution by the Agent under Clause 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: Amendment and Restatement Agreement (Genesco Inc), Second Supplemental Facility Agreement (Paradigm Ltd.), Facility Agreement (Waterford Wedgwood PLC)

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Recovering Finance Party’s rights. On a distribution by the Agent under Clause 30.2 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 3 contracts

Samples: Amendment and Restatement Agreement (Cascal N.V.), Amendment and Restatement Agreement (Cascal N.V.), Facility Agreement (Cascal B.V.)

Recovering Finance Party’s rights. On a distribution by the Facility Agent under Clause 30.2 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 2 contracts

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

Recovering Finance Party’s rights. On a distribution by the Facility Agent under Clause 30.2 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: Fleet Financing Facility Agreement (Avis Budget Group, Inc.)

Recovering Finance Party’s rights. On a distribution by the Agent under Clause 30.2 26.2 (Redistribution of payments), each Finance Party will assign to the Recovering Finance Party will the claim to which the Sharing Payment is allocated and the Borrower shall be subrogated liable to the rights of Recovering Finance Party in an amount equal to the Finance Parties which have shared in the redistributionSharing Payment.

Appears in 1 contract

Samples: Credit Facility Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

Recovering Finance Party’s rights. On a distribution by the Agent under Clause 30.2 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: Senior Loan Facility Agreement (AerCap Holdings N.V.)

Recovering Finance Party’s rights. On a distribution by the Facility Agent under Clause 30.2 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. On a distribution by the Agent under Clause 30.2 28.2 (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 1 contract

Samples: Senior Revolving Facility Agreement (Evotec SE)

Recovering Finance Party’s rights. On a distribution by the Facility Agent under Clause 30.2 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 1 contract

Samples: Amendment and Restatement Agreement (Atlas Investissement)

Recovering Finance Party’s rights. On a distribution by the Agent under Clause 30.2 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 1 contract

Samples: Facilities Agreement (Luxottica Group Spa)

Recovering Finance Party’s rights. On a distribution by the Facility Agent under Clause 30.2 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: Amendment and Restatement Agreement (IHS Holding LTD)

Recovering Finance Party’s rights. On a distribution by the Facility Agent under Clause 30.2 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)

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Recovering Finance Party’s rights. On a distribution by the Agent under Clause 30.2 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 1 contract

Samples: Facilities Agreement (Analex Corp)

Recovering Finance Party’s rights. On a distribution by the Facility Agent under Clause 30.2 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 1 contract

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

Recovering Finance Party’s rights. On a distribution by the Agent under Clause 30.2 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: Amendment Agreement (Promotora De Informaciones Sa /Fi)

Recovering Finance Party’s rights. On a distribution by the Agent under Clause 30.2 28.2 (Redistribution of payments), each Finance Party will assign to the Recovering Finance Party will the claim to which the Sharing Payment is allocated and the Borrower shall be subrogated liable to the rights of Recovering Finance Party in an amount equal to the Finance Parties which have shared in the redistributionSharing Payment.

Appears in 1 contract

Samples: Syndicated Multicurrency Term Loan Facility Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

Recovering Finance Party’s rights. On a distribution by the Agent under Clause 30.2 28.2 (Redistribution of payments), each Finance Party will assign to the Recovering Finance Party will the claim to Table of Contents which the Sharing Payment is allocated and the Borrower shall be subrogated liable to the rights of Recovering Finance Party in an amount equal to the Finance Parties which have shared in the redistributionSharing Payment.

Appears in 1 contract

Samples: Syndicated Multicurrency Term Loan Facility Agreement (Sap France S.A.)

Recovering Finance Party’s rights. On a distribution by the Facility Agent under Clause 30.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the that redistribution.

Appears in 1 contract

Samples: Facility Agreement (Lamb Weston Holdings, Inc.)

Recovering Finance Party’s rights. On a distribution by the Bridge Facility Agent under Clause 30.2 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: Bridge Facility Agreement (Nordic Telephone CO ApS)

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