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Common use of Subrogation, etc Clause in Contracts

Subrogation, etc. The Guarantor hereby waives all rights that the ----------------- Guarantor may now have or hereafter acquire, whether by subrogation, contribution, reimbursement, recourse, exoneration, contract or otherwise, to recover from the Borrower or from any property of the Borrower any sums paid under this Guaranty. The Guarantor will not exercise or enforce any right of contribution to recover any such sums from any person who is a co-obligor with the Borrower or a guarantor or surety of the Indebtedness or from any property of any such person until all of the Indebtedness shall have been fully paid and discharged.

Appears in 8 contracts

Samples: Guaranty (Nationwide Electric Inc), Guaranty (Nationwide Electric Inc), Guaranty (Nationwide Electric Inc)

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Subrogation, etc. The Guarantor hereby waives all rights that the ----------------- Guarantor may now have or hereafter acquire, whether by subrogation, contribution, reimbursement, recourse, exoneration, contract or otherwise, to recover from the Borrower or from any property of the Borrower any sums paid under this Guaranty. The Guarantor will not exercise or enforce any right of contribution to recover any such sums from any person who is a co-obligor with the Borrower or a guarantor or surety of the Indebtedness or from any property of any such person until all of the Indebtedness shall have been fully paid and discharged.

Appears in 8 contracts

Samples: Credit and Security Agreement (Autotradecenter Com Inc), Credit and Security Agreement (Interpharm Holdings Inc), Intercreditor Agreement (Naco Industries Inc)

Subrogation, etc. The Guarantor hereby waives all rights that the ----------------- Guarantor may now have or hereafter acquire, whether by subrogation, contribution, reimbursement, recourse, exoneration, contract or otherwise, to recover from the Borrower Borrowers or from any property of the Borrower Borrowers any sums paid under this Guaranty. The Guarantor will not exercise or enforce any right of contribution to recover any such sums from any person who is a co-obligor with the Borrower Borrowers or a guarantor or surety of the Indebtedness or from any property of any such person until all of the Indebtedness shall have been fully paid and discharged.

Appears in 4 contracts

Samples: Guaranty (Jakks Pacific Inc), Guaranty (Jakks Pacific Inc), Guaranty (Jakks Pacific Inc)

Subrogation, etc. The Guarantor hereby waives all rights that the ----------------- Guarantor may now have or hereafter acquire, whether by subrogation, contribution, reimbursement, recourse, exoneration, contract or otherwise, to recover from the Borrower Customer or from any property of the Borrower Customer any sums paid under this Guaranty. The Guarantor will not exercise or enforce any right of contribution to recover any such sums from any person who is a co-obligor with the Borrower Customer or a guarantor or surety of the Indebtedness or from any property of any such person until all of the Indebtedness shall have been fully paid and discharged.

Appears in 4 contracts

Samples: Guaranty (SSP Solutions Inc), Guaranty (SSP Solutions Inc), Guaranty (SSP Solutions Inc)

Subrogation, etc. The Each Guarantor hereby waives all rights that the ----------------- such Guarantor may now have or hereafter acquire, whether by subrogation, contribution, reimbursement, recourse, exoneration, contract or otherwise, to recover from the Borrower or from any property of the Borrower any sums paid under this Guaranty. The No Guarantor will not exercise or enforce any right of contribution to recover any such sums from any person who is a co-obligor with the Borrower or a guarantor or surety of the Indebtedness or from any property of any such person until all of the Indebtedness shall have been fully and indefeasibly paid and dischargeddischarged and the Credit Agreement shall have been terminated.

Appears in 1 contract

Samples: Guaranty (Infotech Usa Inc)

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Subrogation, etc. The Guarantor hereby waives all rights that the ----------------- Guarantor may now have or hereafter acquire, whether by subrogation, contribution, reimbursement, recourse, exoneration, contract or otherwise, to recover from the Borrower or from any property of the Borrower any sums paid under this Guaranty. The Guarantor will not exercise or enforce any right of contribution to recover any such sums from any person Person who is a co-obligor with the Borrower or a guarantor or surety of the Indebtedness or from any property of any such person Person until all of the Indebtedness shall have been fully paid and discharged.

Appears in 1 contract

Samples: Credit Agreement (Kodiak Oil & Gas Corp)

Subrogation, etc. The Guarantor hereby waives all rights that the ----------------- Guarantor may now have or hereafter acquire, whether by subrogation, contribution, reimbursement, recourse, exoneration, contract or otherwise, to recover from the Borrower or from any property of the Borrower any sums paid under this GuarantyGuaranty until all of the Indebtedness shall have been fully paid and discharged. The Guarantor will not exercise or enforce any right of contribution to recover any such sums from any person who is a co-obligor with the Borrower or a guarantor or surety of the Indebtedness or from any property of any such person until all of the Indebtedness shall have been fully paid and discharged.

Appears in 1 contract

Samples: Guaranty (Gvi Security Solutions Inc)

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