Common use of Subrogation; Further Assurances Clause in Contracts

Subrogation; Further Assurances. (a) The interests, rights and remedies of AGIC described in Article II above are in addition to, and not in lieu of, AGIC's equitable rights of subrogation, and AGIC reserves all of such rights. Each of the Issuer and the Servicer agrees to take, or cause to be taken, all actions deemed desirable by AGIC to preserve, enforce, perfect or maintain the perfection in AGIC's favor of such interests, rights and remedies and such equitable rights of subrogation.

Appears in 3 contracts

Samples: Insurance and Reimbursement Agreement (MCM Capital Group Inc), Insurance and Reimbursement Agreement (MCM Capital Group Inc), Insurance and Reimbursement Agreement (MCM Capital Group Inc)

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Subrogation; Further Assurances. (a) The interests, rights and remedies of AGIC described in this Article II above are in addition to, and not in lieu of, AGIC's equitable rights of subrogation, and AGIC reserves all of such rights. Each of the Issuer Issuer, TFCRC IV and the Servicer TFC agrees to take, or cause to be taken, all actions deemed desirable by AGIC to preserve, enforce, perfect or maintain the perfection in AGIC's favor of such interests, rights and remedies and such equitable rights of subrogation.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (TFC Enterprises Inc)

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Subrogation; Further Assurances. (a) The interests, rights ------------------------------- and remedies of AGIC described in Article II above are in addition to, and not in lieu of, AGIC's equitable rights of subrogation, and AGIC reserves all of such rights. Each of the Issuer Issuer, TFCRC and the Servicer TFC agrees to take, or cause to be taken, all actions deemed desirable by AGIC to preserve, enforce, perfect or maintain the perfection in AGIC's favor of such interests, rights and remedies and such equitable rights of subrogation.

Appears in 1 contract

Samples: Insurance and Reimbursement Agreement (TFC Enterprises Inc)

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