Right of Subrogation among Borrowers. Each of the Borrowers will not (and will not apply to the Bankruptcy Court for authority to), assert any right of subrogation against any other Borrower until all Borrowings and all Letters of Credit are paid in full and the Total Commitment is terminated.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Interstate Bakeries Corp/De/), Revolving Credit Agreement (Interstate Bakeries Corp/De/), Revolving Credit Agreement (Interstate Bakeries Corp/De/)
Right of Subrogation among Borrowers. Each of the Borrowers will not (and will not apply to the Bankruptcy Court for authority to), assert Assert any right of subrogation against any other Borrower until all Borrowings and all Letters of Credit are paid in full and the Total Commitment is terminated.
Appears in 3 contracts
Samples: Revolving Credit and Guaranty Agreement (Federal Mogul Corp), Revolving Credit, Term Loan and Guaranty Agreement (Federal Mogul Corp), Revolving Credit and Guaranty Agreement (Usg Corp)
