Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer under this Indenture or the Notes shall have been paid in full.
Appears in 60 contracts
Samples: Indenture (JELD-WEN Holding, Inc.), Indenture (Clear Channel Outdoor Holdings, Inc.), Indenture (Clear Channel Outdoor Holdings, Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof10.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 60 contracts
Samples: Senior Notes Indenture (Mativ Holdings, Inc.), Indenture (Matthews International Corp), Indenture (Permian Resources Corp)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer under this Indenture or the Notes shall have been paid in full.
Appears in 30 contracts
Samples: Indenture (Finance of America Companies Inc.), Indenture (Hilton Worldwide Holdings Inc.), Indenture (Hilton Worldwide Holdings Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Issuers in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Issuers under this Indenture or the Notes shall have been paid in full.
Appears in 21 contracts
Samples: Indenture (Organon & Co.), Indenture (PBF Holding Co LLC), Indenture (Organon & Co.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Issuers in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Issuers under this Indenture or the Notes shall have been paid in full.
Appears in 21 contracts
Samples: Indenture (Hilton Grand Vacations Inc.), Indenture (Clarios International Inc.), Indenture (CONDUENT Inc)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof10.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by obligations of the Issuer under this Indenture or and the Notes shall have been paid in full.
Appears in 15 contracts
Samples: Indenture (FTAI Aviation Ltd.), Indenture (FTAI Aviation Ltd.), Indenture (FTAI Aviation Ltd.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof; provided thatprovided, however, that if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 13 contracts
Samples: Indenture (Bread Financial Holdings, Inc.), Indenture (Alliance Data Systems Corp), Indenture (Alliance Data Systems Corp)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any such Guarantor pursuant to the provisions of Section 10.01 hereofthis Article 10; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 13 contracts
Samples: Indenture (Blackstone Mortgage Trust, Inc.), Indenture (Starwood Property Trust, Inc.), Indenture (Starwood Property Trust, Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 10 contracts
Samples: Indenture (Viavi Solutions Inc.), Indenture (Belden Inc.), Indenture (Belden Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof13.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 10 contracts
Samples: Indenture (Uniti Group Inc.), Indenture (Cogent Communications Holdings, Inc.), Indenture (Carnival PLC)
Subrogation. Each Subsidiary Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Subsidiary Guarantor pursuant to the provisions of Section 10.01 hereof1201; provided provided, however, that, if an a Default or Event of Default has occurred and is continuing, no Subsidiary Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 8 contracts
Samples: Indenture (Kaiser Aluminum Corp), Indenture (Kaiser Aluminum Corp), Indenture (Kaiser Aluminum Corp)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof11.01; provided thatprovided, however, that if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 7 contracts
Samples: Indenture (Service Corporation International), Indenture (Service Corporation International), Indenture (Stewart Enterprises Inc)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof14.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 7 contracts
Samples: Subordinated Indenture (Medtronic Inc), Senior Indenture (Medtronic PLC), Senior Indenture (Medtronic Inc)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof10.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 7 contracts
Samples: Indenture (United States Steel Corp), Indenture (Cogent Communications Holdings, Inc.), Indenture
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any the Guarantor pursuant to the provisions of Section 10.01 3.1 hereof; provided that, if an Event of Default has occurred and is continuing, no the Guarantor shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 6 contracts
Samples: Third Supplemental Indenture (Sirius Xm Holdings Inc.), Third Supplemental Indenture (Pandora Media, LLC), Third Supplemental Indenture (Sirius Xm Holdings Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof13.01; provided provided, however, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 6 contracts
Samples: Indenture (Mesa Air Group Inc), Indenture (CBRL Group Inc), Indenture (CBRL Group Inc)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof13.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 5 contracts
Samples: Indenture (Cogent Communications Holdings, Inc.), Indenture (Cogent Communications Holdings, Inc.), Indenture (Cogent Communications Group Inc)
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders the Holder of Notes any Note against the Issuer Company in respect of any amounts paid to such Holder by any the Guarantor pursuant to the provisions of Section 10.01 hereofthese Guarantees; provided thatprovided, if an Event of Default has occurred and is continuinghowever, no that the Guarantor shall not, without the consent of the Holders of all the Notes of the applicable series then Outstanding, be entitled to enforce enforce, or to receive any payments arising out of, of or based upon, such right of subrogation until the principal of, any premium and interest on, and any Additional Amounts required with respect to, all amounts then due and payable by the Issuer under this Indenture or the Notes shall have been paid in full.
Appears in 5 contracts
Samples: Indenture (Pearson PLC), Indenture (Pearson PLC), Indenture (Pearson PLC)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes the Securities against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 15.01 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes such series of Securities shall have been paid in full.
Appears in 5 contracts
Samples: Indenture (STERIS PLC), Indenture (STERIS LTD), Indenture (STERIS LTD)
Subrogation. Each Subject to the fifth paragraph of Section 10.01 and Section 10.02, each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 4 contracts
Samples: Indenture (Stericycle Inc), Indenture (Carters Inc), Indenture (Stericycle Inc)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof1201; provided provided, however, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 4 contracts
Samples: Indenture (Sealy Corp), Indenture (Accuride Corp), Indenture (Forida East Coast Railway L.L.C.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof11.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 4 contracts
Samples: Trust Indenture (Cobalt Refinery Holding Co Ltd.), Supplemental Indenture (Medtronic PLC), Supplemental Indenture (Medtronic Inc)
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes the Securities of a series (and of any coupons appertaining thereto) against the Issuer Company in respect of any amounts paid by the Guarantor on account of such Securities or any Guarantor pursuant to the provisions of Section 10.01 hereofcoupons appertaining thereto or this Indenture; provided provided, however, that, if an Event of Default has occurred and is continuing, no the Guarantor shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 4 contracts
Samples: Indenture (American Axle & Manufacturing Holdings Inc), Indenture (American Axle & Manufacturing Holdings Inc), Indenture (American Axle & Manufacturing Holdings Inc)
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any the Guarantor pursuant to the provisions of Section 10.01 hereofSection 13.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 4 contracts
Samples: Indenture (Norwegian Cruise Line Holdings Ltd.), Indenture (Norwegian Cruise Line Holdings Ltd.), Indenture (Norwegian Cruise Line Holdings Ltd.)
Subrogation. Each A Guarantor shall be subrogated to all rights of Holders of Notes the Guaranteed Securities against the Issuer Company in respect of any amounts paid by any such Guarantor pursuant to the provisions of Section 10.01 hereof17.02; provided that, that if an Event of Default has occurred and is continuing, no such Guarantor shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this the Guaranteed Securities or under the Indenture or with respect to the Notes Guaranteed Securities shall have been paid in full.
Appears in 3 contracts
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof9.01; provided thatprovided, however, that if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 3 contracts
Samples: Indenture (British American Tobacco p.l.c.), Indenture (Reynolds American Inc), Indenture (British American Tobacco p.l.c.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes holders against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions until payment in full of Section 10.01 hereofall obligations guaranteed hereby; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 3 contracts
Samples: Senior Notes Indenture (IHS Markit Ltd.), Senior Notes Indenture (IHS Markit Ltd.), Senior Notes Indenture (IHS Markit Ltd.)
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any the Guarantor pursuant to the provisions of Section 10.01 hereof17.01; provided thatprovided, however, that if an Event of Default has occurred and is continuing, no the Guarantor shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 3 contracts
Samples: Indenture (Envestnet, Inc.), Indenture (Envestnet, Inc.), Indenture (Envestnet, Inc.)
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any the Guarantor pursuant to the provisions of Section 10.01 hereof3.01; provided that, if an Event of Default has occurred and is continuing, no the Guarantor shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 3 contracts
Samples: First Supplemental Indenture (Titan Technologies Corp), First Supplemental Indenture (Rovi Corp), First Supplemental Indenture (Horizon Pharma, Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof12.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 2 contracts
Samples: First Supplemental Indenture (Thompson Creek Metals CO Inc.), First Supplemental Indenture (Berg Metals Limited Partnership)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any the Guarantor pursuant to the provisions of Section 10.01 hereof10.01; provided that, if an Event of Default has occurred and is continuing, that no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 2 contracts
Samples: Indenture (Vantage Drilling International), Indenture (Pacific Drilling S.A.)
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any the Guarantor pursuant to the provisions of Section 10.01 hereof2.01 of this First Supplemental Indenture; provided provided, however, that, if an a Default or Event of Default has occurred and is continuing, no the Guarantor shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this the Indenture or the Notes 2028 Debentures shall have been paid in full.
Appears in 2 contracts
Samples: Supplemental Indenture (Neiman Marcus, Inc.), First Supplemental Indenture (Neiman Marcus, Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereofArticle 13; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 2 contracts
Samples: Indenture (On Semiconductor Corp), Indenture (On Semiconductor Corp)
Subrogation. Each Guarantor Guarantor, if any, shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof13.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 2 contracts
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof1601; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 2 contracts
Samples: Supplemental Indenture (Warner Chilcott LTD), Supplemental Indenture (Warner Chilcott LTD)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes the Securities of a series against the applicable Issuer in respect of any amounts paid by any such Guarantor pursuant to the provisions on account of Section 10.01 hereofsuch Securities or this Indenture; provided provided, however, that, if an Event of Default has occurred and is continuing, no each applicable Guarantor shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the applicable Issuer under this Indenture or the Notes Securities shall have been paid in full.
Appears in 2 contracts
Samples: Indenture (Boston Scientific Corp), Indenture Agreement (American Medical Systems Europe B.V.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof10.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer under this Indenture or the Notes shall have been paid in full.
Appears in 2 contracts
Samples: Senior Notes Indenture (Neogen Corp), Senior Notes Indenture (Garden SpinCo Corp)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof1301; provided provided, however, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 2 contracts
Samples: Indenture (Nine West Group Inc /De), Indenture (Nine West Group Inc /De)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof13.01; provided provided, however, that, if an a Default or Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 2 contracts
Samples: Indenture (Power Solutions International, Inc.), Indenture (Spartan Stores Inc)
Subrogation. Each Subject to Sections 10.1(f) and 10.2 hereof, each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 10. 1 hereof; provided provided, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 2 contracts
Samples: Indenture (Fidelity National Financial, Inc.), Indenture (F&G Annuities & Life, Inc.)
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any the Guarantor pursuant to the provisions of Section 10.01 hereof10.1; provided thatprovided, however, that if an Event of Default has occurred and is continuing, no the Guarantor shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 2 contracts
Samples: Indenture (Amphenol Corp /De/), Indenture (Amphenol Corp /De/)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes holders against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions until payment in full of Section 10.01 hereofall obligations guaranteed hereby; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 2 contracts
Samples: Senior Notes Indenture (Hanesbrands Inc.), Senior Notes Indenture (Hanesbrands Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof1201; provided provided, however, that, if an a Default or Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 2 contracts
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 2 hereof, Section 2 of the applicable Existing Supplemental Indenture or Section 10.01 hereofof the Indenture; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this the Indenture or the Notes shall have been paid in full.
Appears in 2 contracts
Samples: Supplemental Indenture (SS&C Technologies Holdings Inc), Supplemental Indenture (SS&C Technologies Holdings Inc)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof14.1; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor and Holdings shall be subrogated to all rights of Holders of Notes against the Issuer Issuers in respect of any amounts paid by any Guarantor or Holdings, as applicable, pursuant to the provisions of Section 10.01 hereof13.01; provided that, if an Event of Default has occurred and is continuing, no neither any Guarantor nor Holdings shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Issuers under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Tops Holding Ii Corp)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof12.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any the Guarantor pursuant to the provisions of Section 10.01 hereof12.01; provided provided, however, that, if an Event of Default has occurred and is continuing, no the Guarantor shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Amr Corp)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Co-Issuers in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof11.01; provided provided, however, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Co-Issuers under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Supplemental Indenture (Sealy Corp)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof10.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.. 105
Appears in 1 contract
Samples: Indenture (Sibanye Stillwater LTD)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof10.1; provided provided, however, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Issuers under this Indenture or the Notes Securities shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof9.01 of this Second Supplemental Indenture; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this the Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof10.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Second Lien Exchangeable Notes Indenture or the Second Lien Exchangeable Notes shall have been paid in full.
Appears in 1 contract
Samples: Second Lien Exchangeable Senior Secured Pik Notes Indenture (WeWork Inc.)
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any the Guarantor pursuant to the provisions of Section 10.01 hereofSection 13.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Avid Bioservices, Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof9.01 of this Fourteenth Supplemental Indenture; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this the Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Supplemental Indenture (Atlas Corp.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof10.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this First Lien Indenture or the First Lien Notes shall have been paid in full.
Appears in 1 contract
Samples: First Lien Senior Secured Pik Notes Indenture (WeWork Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any such Guarantor pursuant to the provisions of Section 10.01 hereof1201; provided provided, however, that, if an Event of Default has occurred each Guarantor waives and is continuing, no Guarantor shall be entitled to enforce will not in any manner whatsoever claim or receive any payments arising out take the benefit or advantage of, any rights of reimbursement, indemnity or based upon, subrogation or any other rights against the Company or any other Subsidiary as a result of any payment by such right of subrogation Subsidiary under its Guarantee until all amounts then due and payable by the Issuer under this Indenture or Company with respect to the Notes shall have been paid in full.
Appears in 1 contract
Samples: Indenture (NMI Holdings, Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 2 hereof or Section 10.01 hereofof the Indenture; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this the Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof; provided provided, however, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Brightstar Corp.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes the Offered Securities against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 4.1 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this the Indenture or the Notes Offered Securities shall have been paid in full.
Appears in 1 contract
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any the Guarantor pursuant to the provisions of Section 10.01 hereof13.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Indenture (I3 Verticals, Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 11.1 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture Indenture, the Notes or the Notes other Note Documents shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Federal Mogul Corp)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof13.01; provided PROVIDED, HOWEVER, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Dri I Inc)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof1301; provided provided, however, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of the Notes against the Issuer Company in respect of any amounts paid by any such Guarantor pursuant to on account of such Notes or the provisions of Section 10.01 hereofIndenture; provided provided, however, that, if an Event of Default has occurred and is continuing, no each Guarantor shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this the Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes Lenders against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof11.1; provided provided, however, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture Agreement or the Notes Lenders shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor The Guarantors shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor the Guarantors pursuant to the provisions of Section 10.01 hereof1401; provided provided, however, that, if an Event of Default Default, or any event which with the giving of notice or passage of time or both would constitute an Event of Default, has occurred and is continuing, no Guarantor the Guarantors shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Valujet Inc)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 2 hereof, Section 2 of the First Supplemental Indenture or Section 10.01 hereofof the Indenture; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this the Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Second Supplemental Indenture (Ss&c Technologies Inc)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof12.1; provided provided, however, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 1 contract
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes the Securities of a series against the Issuer Company in respect of any amounts paid by any the Guarantor pursuant to the provisions on account of Section 10.01 hereofsuch Securities or this Indenture; provided provided, however, that, if an Event of Default has occurred and is continuing, no the Guarantor shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 1 contract
Samples: Supplemental Indenture (Albemarle Holdings II Corp)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof10.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Third Lien Exchangeable Notes Indenture or the Third Lien Exchangeable Notes shall have been paid in full.
Appears in 1 contract
Samples: Third Lien Exchangeable Senior Secured Pik Notes Indenture (WeWork Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes and the Trustee against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof10.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Co-Issuers in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof1201; provided provided, however, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Co-Issuers under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes the Company against the Issuer Purchaser in respect of any amounts paid to the Company by any the Guarantor pursuant to the provisions of this Section 10.01 hereof3.10; provided thatprovided, if an Event of Default has occurred and is continuinghowever, no that the Guarantor shall not be entitled to enforce enforce, or to receive any payments arising out of, of or based upon, such right of subrogation until all amounts then the obligations guaranteed pursuant to Section 3.10(a), when and as the same shall become due and payable by according to the Issuer under terms of this Indenture Agreement or the Notes any Ancillary Documents shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 2 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer under this Indenture or the Notes shall have been paid in full.,
Appears in 1 contract
Samples: Fourth Supplemental Indenture (SS&C Technologies Holdings Inc)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof16.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture Agreement or the Notes shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof1401; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Kraft Heinz Co)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof13.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Carnival PLC)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section SECTION 10.01 hereof; provided PROVIDED that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 11.01 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 11.01 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Ahny-Iv LLC)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Senior Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Senior Notes shall have been paid in full.
Appears in 1 contract
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any the Guarantor pursuant to the provisions of Section 10.01 hereof9.1 of this Supplemental Indenture; provided provided, however, that, if an Event of Default has occurred and is continuing, no the Guarantor shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under the Indenture or this Supplemental Indenture or the Notes Applicable Securities shall have been paid in full.
Appears in 1 contract
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof10.1; provided provided, however, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Issuers under this Indenture or the Notes Securities shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Companies in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof13.01; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Companies under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof1201; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Affinia Group Intermediate Holdings Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof9.01 of this Ninth Supplemental Indenture; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this the Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of the Holders of Notes against the Issuer Company in respect of any amounts paid to such Holders by any Guarantor the Guarantors pursuant to the provisions of Section 10.01 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer under this Indenture or the Notes shall have been paid in fullits Guarantee.
Appears in 1 contract
Samples: Indenture (Liberty Global PLC)
Subrogation. Each The Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any the Guarantor pursuant to the provisions of Section 10.01 hereof12.01; provided that, if an Event of Default has occurred and is continuing, no the Guarantor shall not be entitled to enforce enforce, or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof1301; provided provided, however, that, if an Event of Default -------- ------- has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes Securities shall have been paid in full.
Appears in 1 contract
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof12.01; provided provided, however, that, if an a Default or Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Winnebago Industries Inc)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Co-Issuers in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof1301; provided provided, however, that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Co-Issuers under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Senior Subordinated Indenture (Infosat Communications LP)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes the applicable Series against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof10.01; provided that, if an Event of Default has occurred and is continuingcontinuing with respect to a Series of Notes, no Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the Issuer Company under this Indenture or the Notes of such Series shall have been paid in full.
Appears in 1 contract
Samples: Senior Notes Indenture (WeWork Inc.)
Subrogation. Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer Company in respect of any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof13.01; provided provided, however, that, if an Event of Default or Collateral Access Event has occurred and is continuing, no the rights of any Guarantor shall be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation shall be subordinated to the rights of the Trustee and any Holder until all amounts then due and payable by the Issuer Company under this Indenture or the Notes shall have been paid in full.
Appears in 1 contract
Samples: Indenture (Kitty Hawk Inc)