Common use of Recovering Lender’s rights Clause in Contracts

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)

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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

Samples: Facility Agreement (Sunday Communications LTD)

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)

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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)

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