Common use of Subrogation, etc Clause in Contracts

Subrogation, etc. Notwithstanding any payment or payments made by the Pledgor or the exercise by the Administrative Agent of any of the remedies provided under this Agreement or any other Loan Document, until the Secured Obligations have been indefeasibly paid in full, the Pledgor shall have no claim (as defined in 11 U.S.C. § 101(5)) of subrogation to any of the rights of the Administrative Agent against any Person, the Pledged Collateral or any guaranty held by the Administrative Agent for the satisfaction of any of the Secured Obligations, nor shall the Pledgor have any claims (as defined in 11 U.S.C. § 101(5)) for reimbursement, indemnity, exoneration or contribution from any Person in respect of payments made by the Pledgor hereunder. Notwithstanding the foregoing, if any amount shall be paid to the Pledgor on account of such subrogation, reimbursement, indemnity, exoneration or contribution rights at any time before the Secured Obligations have been paid in full, such amount shall be held by the Pledgor in trust for the Administrative Agent segregated from other funds of the Pledgor, and shall be turned over to the Administrative Agent in the exact form received by the Pledgor (duly endorsed by the Pledgor to the Administrative Agent if required) to be applied against the Secured Obligations in such amounts and in such order as the Administrative Agent may elect, or as directed by the Administrative Agent.

Subrogation, etc. Notwithstanding any payment or payments made by the Pledgor or the exercise by the Administrative Collateral Agent of any of the remedies provided under this Agreement or any other Loan Document, until the Secured Obligations have been indefeasibly paid in full, the Pledgor shall have no claim (as defined in 11 U.S.C. § 101(5)) of subrogation to any of the rights of the Administrative Collateral Agent against any Person, the Pledged Collateral or any guaranty held by the Administrative Collateral Agent for the satisfaction of any of the Secured Obligations, nor shall the Pledgor have any claims (as defined in 11 U.S.C. § 101(5)) for reimbursement, indemnity, exoneration or contribution from any such Person in respect of payments made by the Pledgor hereunder. Notwithstanding the foregoing, if any amount shall be paid to the Pledgor on account of such subrogation, reimbursement, indemnity, exoneration or contribution rights at any time before the Secured Obligations have been paid in full, such amount shall be held by the Pledgor in trust for the Administrative Collateral Agent segregated from other funds of the Pledgor, and shall be turned over to the Administrative Collateral Agent in the exact form received by the Pledgor (duly endorsed by the Pledgor to the Administrative Collateral Agent if required) to be applied against the Secured Obligations in such amounts and in such order as the Administrative Collateral Agent may elect, or as directed by the Administrative Agent.

Subrogation, etc. Notwithstanding any payment or payments made by the Pledgor or the exercise by the Administrative Agent Secured Party of any of the remedies provided under this Agreement or any other Loan Transaction Document, until the Secured Obligations have been indefeasibly paid in fullfull in cash or cash equivalents, the Pledgor shall have no claim (as defined in Section 101(5) of the Bankruptcy Code, 11 U.S.C. § 101(5)) of subrogation to any of the rights of the Administrative Agent Secured Party against any Person, the Pledged Collateral or any guaranty held by the Administrative Agent for the satisfaction of any of the Secured ObligationsCollateral, nor shall the Pledgor have any claims (as defined in Section 101(5) of the Bankruptcy Code, 11 U.S.C. § 101(5)) for reimbursement, indemnity, exoneration or contribution from any Person in respect of payments made by the Pledgor hereunder. Notwithstanding the foregoing, if any amount shall be paid to the Pledgor on account of such subrogation, reimbursement, indemnity, exoneration or contribution rights at any time before the Secured Obligations have been paid in fulltime, such amount shall be held by the Pledgor in trust for the Administrative Agent Secured Party segregated from other funds of the Pledgor, and, upon the existence and continuance of an Event of Default, shall be turned over to the Administrative Agent Secured Party in the exact form received by the Pledgor (duly endorsed by the Pledgor to the Administrative Agent Secured Party if required) to be applied against the Secured Obligations in such amounts and in such order as pursuant to the Administrative Agent may elect, or as directed by the Administrative AgentTransaction Documents.

Subrogation, etc. Notwithstanding any payment or payments made by the Pledgor Pledgors or the exercise by the Administrative Collateral Agent of any of the remedies provided under this Agreement or any other Loan Financing Document, until the Secured Obligations have been indefeasibly paid in fullfull in cash or cash equivalents, the Pledgor Pledgors shall have no claim (as defined in 11 U.S.C. § 101(5)) of subrogation to any of the rights of the Administrative Collateral Agent against any Personthe Borrower, the Pledged Collateral or any guaranty held by the Administrative Collateral Agent for the satisfaction of any of the Secured Obligations, nor shall the Pledgor Pledgors have any claims (as defined in 11 U.S.C. § 101(5)) for reimbursement, indemnity, exoneration or contribution from any Person the Borrower in respect of payments made by the Pledgor Pledgors hereunder. Notwithstanding the foregoing, if any amount shall be paid to the Pledgor Pledgors on account of such subrogation, reimbursement, indemnity, exoneration or contribution rights at any time before the Secured Obligations have been paid in fulltime, such amount shall be held by the Pledgor Pledgors in trust for the Administrative Collateral Agent segregated from other funds of the PledgorPledgors, and shall be turned over to the Administrative Collateral Agent in the exact form received by the Pledgor Pledgors (duly endorsed by the Pledgor Pledgors to the Administrative Collateral Agent if required) to be applied against the Secured Obligations in such amounts and in such order as the Administrative Collateral Agent may elect, or (as directed by the Administrative AgentAgent Bank, acting in accordance with the Credit Agreement) may elect.

Subrogation, etc. Notwithstanding any payment or payments made by the Pledgor or the exercise by the Administrative Collateral Agent of any of the remedies provided under this Pledge Agreement or any other Loan Document, until of the Secured Obligations have been indefeasibly paid in fullFinance Documents, the Pledgor shall have no claim (as defined in 11 U.S.C. § Section 101(5)) of subrogation to any of the rights of the Administrative Agent Secured Parties against any Personthe Company, the Pledged Pledgor or any Collateral or any guaranty held by the Administrative Agent Secured Parties for the satisfaction of any of the Secured Obligations, nor shall the Pledgor have any claims (as defined in 11 U.S.C. § Section 101(5)) for reimbursement, indemnity, exoneration or contribution from any Person the Company in respect of payments made by the Pledgor hereunder. Notwithstanding the foregoing, if any amount shall be paid to the Pledgor on account of such subrogation, reimbursement, indemnity, exoneration or contribution rights at any time before the Secured Obligations have been paid in fulltime, such amount shall be held by the Pledgor in trust for the Administrative Agent Secured Parties, segregated from other funds of the Pledgor, and shall be turned over to the Administrative Collateral Agent for the benefit of the Secured Parties, in the exact form received by the Pledgor (duly endorsed by the Pledgor to the Administrative Collateral Agent for the benefit of the Secured Parties, if required) ), to be applied against the Secured Obligations in such amounts and in such order as the Administrative Collateral Agent may elect, or as directed by the Administrative Agent.

Subrogation, etc. Notwithstanding any payment or payments made by the Pledgor Assignors or the exercise by the Administrative Collateral Agent of any of the remedies provided under this Agreement or any other Loan Financing Document, until the Secured Obligations have been indefeasibly paid in fullfull in cash or Cash Equivalents, the Pledgor Assignors shall have no claim (as defined in 11 U.S.C. § ss. 101(5)) of subrogation to any of the rights of the Administrative Collateral Agent against any PersonCE Generation, the Pledged Cash Flow Collateral or any guaranty held by the Administrative Collateral Agent for the satisfaction of any of the Secured Obligations, nor shall the Pledgor Assignors have any claims (as defined in 11 U.S.C. § ss. 101(5)) for reimbursement, indemnity, exoneration or contribution from any Person CE Generation in respect of payments made by the Pledgor Assignors hereunder. Notwithstanding the foregoing, if any amount shall be paid to the Pledgor Assignors on account of such subrogation, reimbursement, indemnity, exoneration or contribution rights at any time before the Secured Obligations have been paid in fulltime, such amount shall be held by the Pledgor Assignors in trust for the Administrative Collateral Agent segregated from other funds of the PledgorAssignors, and shall be turned over to the Administrative Collateral Agent in the exact form received by the Pledgor Assignors (duly endorsed by the Pledgor Assignors to the Administrative Collateral Agent if required) to be applied against the Secured Obligations in such amounts and in such order as the Administrative Collateral Agent may elect, or as directed by the Administrative Agent.

Subrogation, etc. Notwithstanding any payment or payments made by the Pledgor Pledgors or the exercise by the Administrative Agent NRG Energy of any of the remedies provided under this Agreement or any other Loan Financing Document, until the Secured Obligations have been indefeasibly paid in fullfull in cash or cash equivalents, the neither Pledgor shall have no any claim (as defined in 11 U.S.C. § ? 101(5)) of subrogation to any of the rights of NRG Energy against the Administrative Agent against any PersonCompany or the other Pledgor, the Pledged Collateral or any guaranty held by the Administrative Agent for the satisfaction of any of the Secured Obligations, nor shall the either Pledgor have any claims (as defined in 11 U.S.C. § ? 101(5)) for reimbursement, indemnity, exoneration or contribution from any Person the Company or the other Pledgor in respect of payments made by the Pledgor Pledgors hereunder. Notwithstanding the foregoing, if any amount shall be paid to the Pledgor Pledgors on account of such subrogation, reimbursement, indemnity, exoneration or contribution rights at any time before the Secured Obligations have been paid in fulltime, such amount shall be held by the Pledgor Pledgors in trust for the Administrative Agent NRG Energy segregated from other funds of the PledgorPledgors, and shall be turned over to the Administrative Agent NRG Energy in the exact form received by the Pledgor Pledgors (duly endorsed by the Pledgor Pledgors to the Administrative Agent NRG Energy if required) to be applied against the Secured Obligations in such amounts and in such order as the Administrative Agent NRG Energy may elect, or as directed by the Administrative Agent.

Subrogation, etc. Notwithstanding any payment or payments made by the Pledgor or the exercise by the Administrative Agent Lender of any of the remedies provided under this Agreement or any other Loan Document, until the Secured Obligations have been indefeasibly paid in full, the Pledgor shall have no claim (as defined in 11 U.S.C. § 101(5)) of subrogation to any of the rights of the Administrative Agent Lender against any Person, the Pledged Collateral or any guaranty held by the Administrative Agent Lender for the satisfaction of any of the Secured Obligations, nor shall the Pledgor have any claims (as defined in 11 U.S.C. § 101(5)) for reimbursement, indemnity, exoneration or contribution from any Person in respect of payments made by the Pledgor hereunder. Notwithstanding the foregoing, if any amount shall be paid to the Pledgor on account of such subrogation, reimbursement, indemnity, exoneration or contribution rights at any time before the Secured Obligations have been paid in full, such amount shall be held by the Pledgor in trust for the Administrative Agent Lender segregated from other funds of the Pledgor, and shall be turned over to the Administrative Agent Lender in the exact form received by the Pledgor (duly endorsed by the Pledgor to the Administrative Agent Lender if required) to be applied against the Secured Obligations in such amounts and in such order as the Administrative Agent Lender may elect, or as directed by the Administrative AgentLender.