Common use of Waiver by Guarantor Clause in Contracts

Waiver by Guarantor. Each Guarantor hereby waives absolutely and irrevocably any claim which it may have against any Borrower or any of their respective Affiliates (other than any right to contribution pursuant to Section 1(d) hereof) by reason of any payment to the Agents, Collateral Agent or any Bank, or to any other Person pursuant to or in respect of this Guarantee, including any claims by way of subrogation, contribution, reimbursement, indemnity or otherwise, until the Guaranteed Obligations are paid in full.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (MMH Holdings Inc), Credit Agreement (Morris Material Handling Inc), Subsidiary Guarantee (MMH Holdings Inc)

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Waiver by Guarantor. Each The Guarantor hereby waives absolutely and irrevocably any claim which it may have against any Borrower or any of their respective Affiliates (other than any right to contribution pursuant to Section 1(d) hereof) by reason of any payment to the Agents, Collateral Agent or any Bank, or to any other Person pursuant to or in respect of this Guarantee, including any claims by way of subrogation, contribution, reimbursement, indemnity or otherwise, until the Guaranteed Obligations are paid in full.

Appears in 3 contracts

Samples: Credit Agreement (Morris Material Handling Inc), Assignment and Assumption Agreement (MMH Holdings Inc), Holdings Guarantee (MMH Holdings Inc)

Waiver by Guarantor. Each The Guarantor hereby waives absolutely and irrevocably any claim which it may have against any the Borrower or any of their its respective Affiliates (other than any right to contribution pursuant to Section 1(d) hereof) by reason of any payment to the Agents, Collateral Administrative Agent or any BankLender, or to any other Person pursuant to or in respect of this Guarantee, including any claims by way of subrogation, contribution, reimbursement, indemnity or otherwise, until the Guaranteed Obligations are paid in full.

Appears in 1 contract

Samples: Security Agreement (General Automation Inc/Il)

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Waiver by Guarantor. Each The Guarantor hereby waives absolutely and irrevocably any claim which it may have against any the Borrower or any of their its respective Affiliates (other than any right to contribution pursuant to Section 1(d) hereof) by reason of any payment to the Agents, Collateral Administrative Agent or any BankLender, or to any other Person pursuant to or in respect of this Guarantee, including any claims by way of subrogation, contribution, reimbursement, indemnity or otherwise, until the Guaranteed Obligations are have been paid in full.

Appears in 1 contract

Samples: Security Agreement (General Automation Inc/Il)

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