Common use of Waiver of Subrogation and Contribution Rights Clause in Contracts

Waiver of Subrogation and Contribution Rights. The Guarantors hereby waive any right of subrogation to any of the rights of the Guarantied Parties or any part of them against the Borrower or any Guarantor or any right of reimbursement or contribution or similar right against the Borrower or any Guarantor by reason of this Agreement or by any payment made by any Guarantor in respect of the Obligations.

Waiver of Subrogation and Contribution Rights. The Guarantors hereby waive any right of subrogation to any of the rights of the Guarantied Parties or any part of them against the Borrower or any Guarantor or any right of reimbursement or contribution or similar right against the Borrower or any Guarantor by reason of this Agreement Guaranty or by any payment made by any Guarantor in respect of the Guarantied Obligations.

Waiver of Subrogation and Contribution Rights. The Guarantors hereby waive any right Prior to the irrevocable payment in full of the Guarantied Obligations hereunder, the Guarantor waives all rights of subrogation to any of the rights of Principal against Operator, and the Guarantied Parties or Guarantor waives all rights to seek any part of them against the Borrower or any Guarantor or any right of reimbursement recourse against, or contribution or similar right against the Borrower or any Guarantor by reason of this Agreement or by any payment made by any Guarantor reimbursement from, Operator in respect of payments made by the ObligationsGuarantor hereunder.