Common use of Rights of Subrogation Clause in Contracts

Rights of Subrogation. The Guarantor shall, at any time when there is any default in the performance of any of the Guaranteed Obligations by the Supplier and/or any default by the Guarantor in the performance of any of its obligations under this Deed of Guarantee, exercise any rights it may have:

Appears in 25 contracts

Samples: Framework Agreement, Framework Agreement, Framework Agreement

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Rights of Subrogation. 6.1 The Guarantor shall, at any time when there is any default in the performance of any of the Guaranteed Obligations by the Supplier and/or any default by the Guarantor in the performance of any of its obligations under this Deed of Guarantee, exercise any rights it may have:

Appears in 2 contracts

Samples: Framework Agreement, Framework Agreement

Rights of Subrogation. The Guarantor shall, at any time when there is any default in the performance of any of the Guaranteed Obligations by the Supplier Contractor and/or any default by the Guarantor in the performance of any of its obligations under this Deed of Guarantee, exercise any rights it may have: 6.1 of subrogation and indemnity; 6.2 to take the benefit of, share in or enforce any security or other guarantee or indemnity for the Contractor’s obligations; and

Appears in 1 contract

Samples: Ict Services Agreement

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Rights of Subrogation. The Guarantor shall, at any time when there is any default in the performance of any of the Guaranteed Obligations by the Supplier and/or any default by the Guarantor in the performance of any of its obligations under this Deed of Guarantee, exercise any rights it may have: 6.1 of subrogation and indemnity; 6.2 to take the benefit of, share in or enforce any security or other guarantee or indemnity for the Supplier's obligations; and

Appears in 1 contract

Samples: Framework Agreement

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