Common use of Rights of contribution and subrogation Clause in Contracts

Rights of contribution and subrogation. Until all amounts which are or may become payable by the Obligors under or in connection with the Finance Documents have been irrevocably paid in full and the Agent, the Issuer, the Swingline Lender and/or the Lenders are under no liability hereunder, whether actual or contingent, no Borrower shall, by virtue of any payment made by it under or in connection with or referable to this clause 6 or otherwise be subrogated to any rights, security or monies held or received by the Agent, the Lenders and/or the Security Trustee or be entitled at any time to exercise, claim or have the benefit of any right of contribution or subrogation or similar right against any of them and each Borrower irrevocably waives all rights of contribution or similar rights against each of them.

Rights of contribution and subrogation. Until all amounts which are or may become payable by the Obligors Borrower under or in connection with the Finance Documents have been irrevocably paid permanently repaid or prepaid in full and the AgentTotal Inventory Commitments have been cancelled or otherwise reduced to zero, the Issuer, the Swingline Lender and/or the Lenders are under no liability hereunder, whether actual or contingent, no Borrower shallshall not, by virtue of any payment made by it under or in connection with or referable to this clause 6 Clause 4.13 (Letters of Credit and Guarantees - Assumption of Risk) or otherwise otherwise, be subrogated to any rights, security or monies moneys held or received by the Agent, the Lenders and/or the Security Trustee or be entitled at any time to exercise, claim or have the benefit of any right of contribution or subrogation or similar right against any of them and each the Borrower irrevocably waives all rights of contribution or similar rights against each of them.

Rights of contribution and subrogation. Until all amounts which are or may become payable by the Obligors under or in connection with the Finance Documents have been irrevocably paid in full and the Agent, the Issuer, the Swingline Lender and/or the Lenders are under no liability hereunder, whether actual or contingent, no Borrower shall, by virtue of any payment made by it under or in connection with or referable to this clause Clause 6 (Utilisation of the Revolving Facility) or otherwise be subrogated to any rights, security or monies moneys held or received by the Agent, the Lenders and/or the Security Trustee or be entitled at any time to exercise, claim or have the benefit of any right of contribution or subrogation or similar right against any of them and each Borrower irrevocably waives all rights of contribution or similar rights against each of them.