Recovering Creditor’s rights. (a) On a distribution by the Security Agent under paragraph 29.2 (Redistribution of payments), the Recovering Creditor will be subrogated to the rights of the Secured Parties which have shared in the redistribution.
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Samples: Facilities Agreement (Marine Harvest ASA), Facilities Agreement (Marine Harvest ASA), Facilities Agreement (Marine Harvest ASA)
Recovering Creditor’s rights. (a) On a distribution by the Security Agent under paragraph 29.2 Clause 26.2 (Redistribution of payments), the Recovering Creditor will be subrogated to the rights of the Secured Parties and the High Yield Notes Finance Parties which have shared in the redistribution.
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