Deferral of the Guarantor’s rights. Until all amounts which may be or become payable by the Borrowers under or in connection with the Finance Documents have been irrevocably paid in full and unless the Lender otherwise directs, the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:
Appears in 2 contracts
Samples: Facilities Agreement (Danfoss Acquisition Inc), Facilities Agreement (Sauer Danfoss Inc)
Deferral of the Guarantor’s rights. Until all amounts which may be or become payable by the Borrowers under or in connection with the Finance Documents and any Hedging Agreement have been irrevocably paid in full and unless the Lender otherwise directs, the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:Documents and any Hedging Agreement or by reason of any amount being payable, or liability arising, under this Clause 18 (Guarantee and indemnity):
Appears in 1 contract
Deferral of the Guarantor’s rights. Until all amounts which may be or become payable by the Borrowers Issuer under or in connection with the Finance Documents have been irrevocably paid in full and unless the Lender Bond Trustee otherwise directs, the Guarantor will not exercise any rights which it may have by reason of performance by it of its obligations under the Finance Documents:
Appears in 1 contract
Samples: Bond Agreement
Deferral of the Guarantor’s rights. Until all amounts which may be or become payable by the Borrowers Borrower under or in connection with the Finance Documents have been irrevocably paid in full and unless the Lender Agent otherwise directs, the Guarantor will not exercise any rights which it they may have by reason of performance by it of its obligations under the Finance Documents:Documents or by reason of any amount being payable, or liability arising, under this Clause 19 (Guarantee and indemnity): 47 (a) to be indemnified by the Borrower;
Appears in 1 contract
Deferral of the Guarantor’s rights. Until all amounts which may be or become payable by the Borrowers Borrower under or in connection with the Finance Documents have been irrevocably paid in full and unless the Lender Agent otherwise directs, the Guarantor will not exercise any rights which it they may have by reason of performance by it of its obligations under the Finance Documents:Documents or by reason of any amount being payable, or liability arising, under this Clause 18 (Guarantee and indemnity):
Appears in 1 contract
Samples: Agreement (DHT Holdings, Inc.)
