Common use of Release of Debtors’ right of contribution Clause in Contracts

Release of Debtors’ right of contribution. If any Debtor (a “Retiring Debtor”) ceases to be a Debtor in accordance with the terms of the Hedging Agreements for the purpose of any sale or other disposal of that Retiring Debtor then on the date such Retiring Debtor ceases to be a Debtor: (a) that Retiring Debtor is released by each other Debtor from any liability (whether past, present or future and whether actual or contingent) to make a contribution to any other Debtor arising by reason of the performance by any other Debtor of its obligations under the Hedging Agreements; and (b) each other Debtor waives any rights it may have by reason of the performance of its obligations under the Hedging Agreements to take the benefit (in whole or in part and whether by way of subrogation or otherwise) of any rights of the Hedge Counterparties under any Hedging Agreement or of any other security taken pursuant to, or in connection with, any Hedging Agreement where such rights or security are granted by or in relation to the assets of the Retiring Debtor.

Release of Debtors’ right of contribution. If any Debtor (a “Retiring Debtor”) ceases to be a Debtor in accordance with the terms of the Hedging Agreements for the purpose of any sale or other disposal of that Retiring Debtor then on the date such Retiring Debtor ceases to be a Debtor: (a) that Retiring Debtor is released by each other Debtor from any liability (whether past, present or future and whether actual or contingent) to make a contribution to any other Debtor arising by reason of the performance by any other Debtor of its obligations under the Hedging AgreementsAgreements or this Clause 15; and (b) each other Debtor waives any rights it may have by reason of the performance of its obligations under this Clause 15 or the Hedging Agreements to take the benefit (in whole or in part and whether by way of subrogation or otherwise) of any rights of the Hedge Counterparties under any the Hedging Agreement Agreements, this Clause 15 or of any other security taken pursuant to, or in connection with, any the Hedging Agreement Agreements or this Clause 15 where such rights or security are granted by or in relation to the assets of the Retiring Debtor.

Release of Debtors’ right of contribution. If any Debtor (a “Retiring Debtor”) ceases to be a Debtor in accordance with the terms of the Hedging Agreements for the purpose of any sale or other disposal of that Retiring Debtor then on the date such Retiring Debtor ceases to be a Debtor: (a) that Retiring Debtor is released by each other Debtor from any liability (whether past, present or future and whether actual or contingent) to make a contribution to any other Debtor arising by reason of the performance by any other Debtor of its obligations under the Hedging AgreementsAgreements or this Clause 16; and (b) each other Debtor waives any rights it may have by reason of the performance of its obligations under this Clause 16 or the Hedging Agreements to take the benefit (in whole or in part and whether by way of subrogation or otherwise) of any rights of the Hedge Counterparties under any the Hedging Agreement Agreements, this Clause 16 or of any other security taken pursuant to, or in connection with, any the Hedging Agreement Agreements or this Clause 16 where such rights or security are granted by or in relation to the assets of the Retiring Debtor.

Release of Debtors’ right of contribution. If any Hedging Debtor (a “Retiring Debtor”) ceases to be a Hedging Debtor or a guarantor in respect of the Senior Secured Facilities Agreements in accordance with the terms of the any Relevant Hedging Agreements Agreement for the purpose of any sale or other disposal of that Retiring Debtor Debtor, then on the date such Retiring Debtor ceases to be a DebtorHedging Debtor or a guarantor in respect of the Senior Secured Facilities Agreements: (a) that Retiring Debtor is released by each other Hedging Debtor from any liability (whether past, present or future and whether actual or contingent) to make a contribution to any other Hedging Debtor arising by reason of the performance by any other Hedging Debtor of its obligations under the that Relevant Hedging AgreementsAgreement; and (b) each other Hedging Debtor waives any rights it may have by reason of the performance of its obligations under the that Relevant Hedging Agreements Agreement to take the benefit (in whole or in part and whether by way of subrogation or otherwise) of any rights of the Hedge Counterparties under any that Relevant Hedging Agreement or of any other security taken AMERICAS 120207225 pursuant to, or in connection with, any that Relevant Hedging Agreement where such rights or security are granted by or in relation to the assets of the Retiring Debtor.

Release of Debtors’ right of contribution. If any Debtor (a “Retiring Debtor”) ceases to be a Debtor in accordance with the terms of the Hedging Guarantee Agreements for the purpose of any sale or other disposal of that Retiring Debtor or any of its Holding Companies (other than the Parent) then on the date such Retiring Debtor ceases to be a Debtor: (a) that Retiring Debtor is released by each other Debtor from any liability (whether past, present or future and whether actual or contingent) to make a contribution to any other Debtor arising by reason of the performance by any other Debtor of its obligations under the Hedging Guarantee Agreements; and (b) each other Debtor waives any rights it may have by reason of the performance of its obligations under the Hedging Guarantee Agreements to take the benefit (in whole or in part and whether by way of subrogation or otherwise) of any rights of the Hedge Counterparties Guarantee Parties under any Hedging Guarantee Agreement or of any other security taken pursuant to, or in connection with, any Hedging Guarantee Agreement where such rights or security are granted by or in relation to the assets of the Retiring Debtor.