Recovering Lender’s rights. (a) On a distribution by the Agent under Clause 30.2 (REDISTRIBUTION OF PAYMENTS), the Recovering Lender will be subrogated to the rights of the Finance Parties which have shared in the redistribution.
Appears in 2 contracts
Samples: Senior Facilities Agreement (Messer Griesheim Holding Ag), Credit Agreement (Sappi LTD)
Recovering Lender’s rights. (a) 24.3.1 On a distribution by the Agent under Clause 30.2 clause 24.2 (REDISTRIBUTION OF PAYMENTSRedistribution of payments), the Recovering Lender will be subrogated to the rights of the Finance Parties which have shared in the redistribution.
Appears in 1 contract
Samples: Mezzanine Bridge Facility Agreement (Aramex International LTD)
Recovering Lender’s rights. (a) On a distribution by the Agent under Clause 30.2 (REDISTRIBUTION OF PAYMENTSRedistribution of payments), the Recovering Lender will be subrogated to the rights of the Finance Parties which have shared in the redistribution.. 102
Appears in 1 contract
Recovering Lender’s rights. (a) On a distribution by the Agent under Clause 30.2 28.2 (REDISTRIBUTION OF PAYMENTSRedistribution of payments), the Recovering Lender will be subrogated to the rights of the Finance Parties which have shared in the redistribution.
Appears in 1 contract
Samples: Facilities Agreement (Octel Corp)
Recovering Lender’s rights. (a) On a distribution by the Facility Agent under Clause 30.2 27.2 (REDISTRIBUTION OF PAYMENTSRedistribution of payments), the Recovering Lender will be subrogated to the rights of the Finance Parties which have shared in the redistribution.
Appears in 1 contract
Samples: Senior Secured Debt Facility Agreement (Hungarian Telephone & Cable Corp)
Recovering Lender’s rights. (a) On a distribution by the Facility Agent under Clause 30.2 27.2 (REDISTRIBUTION OF PAYMENTS), the Recovering Lender will be subrogated to the rights of the Finance Parties which have shared in the redistribution.
Appears in 1 contract
Samples: Multi Currency Revolving Credit Agreement (Abb LTD)