Common use of Recovering Finance Party’s rights Clause in Contracts

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 32 contracts

Samples: Export Finance Agreement (Votorantim Pulp & Paper Inc), Export Finance Agreement (Votorantim Pulp & Paper Inc), Facilities Agreement (Cemex Sab De Cv)

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Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 27 contracts

Samples: Agreement (Discovery Communications, Inc.), Facilities Agreement (Borse Dubai LTD), Facility Agreement (Seanergy Maritime Holdings Corp.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 20 contracts

Samples: Agreement (Las Vegas Sands Corp), Agreement (Las Vegas Sands Corp), Restatement Agreement (Las Vegas Sands Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 17 contracts

Samples: Agreement (Mobile Telesystems Ojsc), Facility Agreement (MTS Inc), Agreement (Sesa Sterlite LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 30.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 15 contracts

Samples: Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 31.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 14 contracts

Samples: Senior Secured Credit Facility Agreement, Agreement (Solutia Inc), Senior Secured Credit Facility Agreement

Recovering Finance Party’s rights. (a) 22.3.1 On a distribution by the Agent under Clause 27.2 (Redistribution of payments)22.2, the Recovering Finance Party will will, if possible under the relevant applicable laws, be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 10 contracts

Samples: Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 10 contracts

Samples: Facilities Agreement (Xstrata PLC), Facilities Agreement (Xstrata PLC), Facilities Agreement (Xstrata PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 9 contracts

Samples: Term Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.,

Appears in 7 contracts

Samples: Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK)

Recovering Finance Party’s rights. (a) 29.3.1 On a distribution by the Agent under Clause 27.2 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 7 contracts

Samples: Facility Agreement (Hoegh LNG Partners LP), Assignment Agreement (Enstar Group LTD), Facility Agreement (Hoegh LNG Partners LP)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 30.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 7 contracts

Samples: And Restatement Agreement (Liberty Global PLC), And Restatement Agreement (Liberty Global PLC), Additional Facility Accession Agreement (Liberty Global PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 32.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 6 contracts

Samples: Credit Agreement (Eagle Bulk Shipping Inc.), Facility Agreement (Rockwood Specialties Group Inc), Facilities Agreement (Melco Crown Entertainment LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 25.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 6 contracts

Samples: Agreement (Anthracite Capital Inc), Facility Agreement (AstraZeneca Biopharmaceuticals Inc.), Agreement (Aluminum Corp of China)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 35.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 6 contracts

Samples: Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will shall be subrogated entitled to receive by way of assignment the rights of the Finance Parties which to the extent they have shared in the redistribution.

Appears in 5 contracts

Samples: Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 23.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 5 contracts

Samples: Propco Facility Agreement (Toys R Us Inc), Agreement (China Security & Surveillance Technology, Inc.), Propco Facility Agreement (Toys R Us Inc)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 33.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 5 contracts

Samples: Law (Pernod Ricard S a /Fi), Cascal Facility Agreement (Cascal N.V.), Cascal Facility Agreement (Cascal N.V.)

Recovering Finance Party’s rights. (a) 30.3.1 On a distribution by the Agent under Clause 27.2 30.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: And Restatement Agreement (Validus Holdings LTD), Agreement (Endeavour International Corp), Agreement (Validus Holdings LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Assignment Agreement (B Plus H Ocean Carriers LTD), Assignment Agreement (Helix Energy Solutions Group Inc)

Recovering Finance Party’s rights. (a) 34.3.1 On a distribution by the an Agent under Clause 27.2 34.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Agreement (Shire PLC), Facilities Agreement (Shire Ltd.), Facilities Agreement (Shire PLC)

Recovering Finance Party’s rights. (a) 29.3.1 On a distribution by the Agent under Clause 27.2 clause 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Facilities Agreement (International Shipping Enterprises, Inc.), Agreement (Navios Maritime Holdings Inc.), Facilities Agreement (International Shipping Enterprises, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 24.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Agreement (Nordic Telephone CO ApS), Agreement (Nordic Telephone CO ApS), Bridge Loan Facility Agreement (SeaDrill LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 sub-clause 8.3.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Letter of Credit and Reimbursement Agreement (Arch Capital Group Ltd.), Credit and Reimbursement Agreement (Arch Capital Group Ltd.), Limited Liability Partnership (Arch Capital Group Ltd.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 (Redistribution of payments)27.2, the Recovering Finance Creditor Party will will, if possible under the relevant applicable laws, be subrogated to the rights of the Finance Creditor Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Facility Agreement (Eksportfinans Asa), Facility Agreement (Eksportfinans Asa), Assignment Agreement (B Plus H Ocean Carriers LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 34.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 4 contracts

Samples: Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Administrative Agent under Clause 27.2 31.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 3 contracts

Samples: Financing Agreement (Cemex Sab De Cv), Financing Agreement (Cemex Sab De Cv), Security Agreement (Pride International Inc)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 31.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 3 contracts

Samples: Agreement (Groupe Eurotunnel SA), Agreement (Groupe Eurotunnel SA), Senior Facilities Agreement (Nordic Telephone CO ApS)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 26.2 (Redistribution of paymentsPayments), the Finance Parties that have shared in the redistribution shall assign to the Recovering Finance Party will be subrogated their rights to the rights of the Finance Parties which have shared in the redistributionpayments that were redistributed.

Appears in 3 contracts

Samples: Agreement (Advanced Micro Devices Inc), Agreement (Advanced Micro Devices Inc), Agreement (Advanced Micro Devices Inc)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistributionredistribution which Finance Parties agree that they will in that connection waive the benefit of Article 1252 of the French Code Civil.

Appears in 3 contracts

Samples: Agreement (Lafarge), Multicurrency Term and Revolving Facilities Agreement (Tenedor CORP), Agreement (Lafarge)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 3 contracts

Samples: Senior Term Facility Agreement (SemGroup Corp), Agreement (Centerpulse LTD), Agreement (Solutia Inc)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistributionredistribution which Finance Parties agree that they will in that connection waive the benefit of Article 1252 of the French Code Civil.

Appears in 3 contracts

Samples: Multicurrency Revolving Facility Agreement (Tercica Inc), Agreement (Sanofi Synthelabo Sa), Agreement (Sanofi Synthelabo Sa)

Recovering Finance Party’s rights. (a) 28.3.1 On a distribution by the Agent under Clause 27.2 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 3 contracts

Samples: Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD)

Recovering Finance Party’s rights. (a) 27.3.1 On a distribution by the Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 3 contracts

Samples: Agreement (Promotora De Informaciones Sa /Fi), Credit Agreement (Corporate Property Associates 16 Global Inc), Credit Agreement (Corporate Property Associates 16 Global Inc)

Recovering Finance Party’s rights. (a) On a distribution by the PIK Facility Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 3 contracts

Samples: Agreement (Nordic Telephone CO ApS), Agreement (Nordic Telephone CO ApS), Agreement (Nordic Telephone CO ApS)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 39.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Agreement (Rockwood Holdings, Inc.), Amendment and Restatement Agreement (Rockwood Holdings, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistributionredistribution which Finance Parties agree that they will in that connection waive the benefit of Article 1252 of the French Code Civil.

Appears in 2 contracts

Samples: Agreement (Lafarge), Agreement (Lafarge)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 clause 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Facility Agreement (Videocon D2h LTD), Agreement (Opto Circuits (India) LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 32.2 (Redistribution of payments), the Recovering Finance Party will shall be subrogated entitled to receive by way of assignment the rights of the Finance Parties which to the extent they have shared in the redistribution.

Appears in 2 contracts

Samples: Facilities Agreement (HeidelbergCement AG), Facilities Agreement (HeidelbergCement AG)

Recovering Finance Party’s rights. (ai) On a distribution by the Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Facility Agreement (Sterlite Industries (India) LTD), Million Facility Agreement (Sterlite Industries (India) LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Agreement (Atlas Investissement), Agreement (Atlas Investissement)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Assignment Agreement (DHT Holdings, Inc.), Assignment Agreement (DHT Holdings, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Bridge Facility Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Agreement (Nordic Telephone CO ApS), Bridge Facility Agreement (Nordic Telephone CO ApS)

Recovering Finance Party’s rights. (a) 29.3.1 On a distribution by the Agent under Clause 27.2 29.2 (Redistribution of payments), the Recovering Finance Party will shall be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Facilities Agreement (Central European Distribution Corp), Facility Agreement (Central European Distribution Corp)

Recovering Finance Party’s rights. (a) On a distribution by the COFACE Agent under Clause 27.2 30.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Coface Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Security Agent under Clause 27.2 15.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Common Terms Agreement (Seadrill Partners LLC), Common Terms Agreement (Seadrill Partners LLC)

Recovering Finance Party’s rights. (a) 22.3.1 On a distribution by the Agent under Clause 27.2 22.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Restated Agreement (HCC Insurance Holdings Inc/De/), Agreement (HCC Insurance Holdings Inc/De/)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 26.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Agreement (Tiffany & Co), S130333       Facility Agreement (Tiffany & Co)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 clause 22.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Restated Agreement (HCC Insurance Holdings Inc/De/), Restated Agreement (HCC Insurance Holdings Inc/De/)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 clause 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Agreement (Coeur D Alene Mines Corp), Agreement (Coeur D Alene Mines Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 31 (Redistribution of paymentsSharing among the Financial Parties), each Finance Party which has shared in the redistribution shall assign to the Recovering Finance Party will be subrogated an amount equal to the rights its share of the Finance Parties which have shared in the redistributionSharing Payment.

Appears in 2 contracts

Samples: Facilities Agreement (Sirona Dental Systems, Inc.), Facilities Agreement (Sirona Dental Systems, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Administrative Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Facility Agreement (Ship Finance International LTD), Agreement (Ship Finance International LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will shall be subrogated entitled to receive by way of assignment the rights of the Finance Parties which to the extent they have shared in the redistribution.

Appears in 2 contracts

Samples: Credit Facility Agreement (Sap Ag), Credit Facility Agreement (Sap Ag)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 28.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Facility Agreement (Avis Budget Group, Inc.), Facility Agreement (Avis Budget Group, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.. Back to Contents

Appears in 2 contracts

Samples: Facility Agreement (Wolseley PLC), Agreement (Wolseley PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Administrative Agent under Clause 27.2 31.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistributionredistribution which Finance Parties agree that they will in that connection waive the benefit of article 1252 of the French Code civil.

Appears in 2 contracts

Samples: Agreement (Flowserve Corp), Letter of Credit Facility Agreement (Flowserve Corp)

Recovering Finance Party’s rights. (a) On a distribution by the a Transaction Agent under Clause 27.2 4.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the applicable Transaction Finance Parties and/or the Secured Parties which have shared in the redistributionsuch distribution.

Appears in 2 contracts

Samples: Security Trust (SinoTech Energy LTD), Security Trust (SinoTech Energy LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 25.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 2 contracts

Samples: Facility Agreement (Cemex Sab De Cv), Dual Currency Term Facility Agreement (Xstrata PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 30.2 (Redistribution of payments), the Recovering Finance Party will shall be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Corporate Property Associates 17 - Global INC)

Recovering Finance Party’s rights. 23.3 (a) On a distribution by the Agent under Clause 27.2 23.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facility Agreement (AerCap Holdings N.V.)

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Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 clause 28.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Reuters Group PLC /Adr/

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 32.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Iron Mountain Inc)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the applicable Finance Parties and/or the Secured Parties which have shared in the redistributionsuch distribution.

Appears in 1 contract

Samples: Facility Agreement (SinoTech Energy LTD)

Recovering Finance Party’s rights. (a) On a distribution by the relevant Agent under Clause 27.2 33.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (International Textile Group Inc)

Recovering Finance Party’s rights. (a) 33.3.1 On a distribution by the Agent under Clause 27.2 33.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facility Agreement (Edgen Murray PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 26.2 (Redistribution of payments), each Finance Party will assign to the Recovering Finance Party will the claim to which the Sharing Payment is allocated and the Borrower shall be subrogated liable to the rights of Recovering Finance Party in an amount equal to the Finance Parties which have shared in the redistributionSharing Payment.

Appears in 1 contract

Samples: Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 37.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Buhrmann Nv)

Recovering Finance Party’s rights. (a) 28.3.1 On a distribution by the relevant Agent under Clause 27.2 clause 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Hungarian Telephone & Cable Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 24.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.. Execution

Appears in 1 contract

Samples: Agreement (China Security & Surveillance Technology, Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 38.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Restatement Agreement (Melco Crown Entertainment LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 36.2 (Redistribution of payments), Payments) the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the that redistribution.

Appears in 1 contract

Samples: Credit Agreement (IHS Holding LTD)

Recovering Finance Party’s rights. (a) 29.3.1. On a distribution by the Facility Agent under Clause 27.2 29.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Term Loan Facility Agreement (Sibanye Gold LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 clause 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Enstar Group LTD

Recovering Finance Party’s rights. (a1) On a distribution by the Facility Agent under Clause 27.2 14.3.3 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Central European Distribution Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 24.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Coface Covered Export Credit Agreement (Hughes Network Systems, LLC)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 26.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistributionredistribution in respect of the Sharing Payments.

Appears in 1 contract

Samples: Facilities Agreement (United Biscuits Finance PLC)

Recovering Finance Party’s rights. (a) 28.3.1 On a distribution by the Administrative Agent under Clause 27.2 28.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Equinix Inc)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause clause 27.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Ship Acquisition Inc.)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 32.2 (Redistribution of paymentsREDISTRIBUTION OF PAYMENTS), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Iron Mountain Inc/Pa)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 31.2 (Redistribution of payments), Payments) the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the that redistribution.

Appears in 1 contract

Samples: Facility Agreement (IHS Holding LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 28.2 (Redistribution of payments), each Finance Party will assign to the Recovering Finance Party will the claim to Table of Contents which the Sharing Payment is allocated and the Borrower shall be subrogated liable to the rights of Recovering Finance Party in an amount equal to the Finance Parties which have shared in the redistributionSharing Payment.

Appears in 1 contract

Samples: Agreement (Sap France S.A.)

Recovering Finance Party’s rights. (a) On a distribution distributi on by the Agent under Clause 27.2 28.2 (Redistribution of paymentspayments ), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Intercontinental Hotels Group PLC /New/)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 Section 22.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Syndicated Facility Agreement (Aleris Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 28.2 (Redistribution of payments), each Finance Party will assign to the Recovering Finance Party will the claim to which the Sharing Payment is allocated and the Borrower shall be subrogated liable to the rights of Recovering Finance Party in an amount equal to the Finance Parties which have shared in the redistributionSharing Payment.

Appears in 1 contract

Samples: Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 25.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: General Geophysics Co

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 26 2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Assignment Agreement (Nordic American Tanker Shipping LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 29.2 (Redistribution of payments), ) the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the that redistribution.

Appears in 1 contract

Samples: Agreement (eHi Car Services LTD)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 clause 31.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Sequa Corp /De/)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 30.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties and Hedge Counterparties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Noble International, Ltd.)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 clause 39.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.. 182

Appears in 1 contract

Samples: Agreement (Hoegh LNG Partners LP)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 34.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Telewest Global Inc)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 23.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: 000 Facility Agreement (Moscow Cablecom Corp)

Recovering Finance Party’s rights. (a) On a distribution by the Facilities Agent under Clause 27.2 32.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Carnival PLC)

Recovering Finance Party’s rights. (a) 35.3.1 On a distribution by the an Agent under Clause 27.2 35.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Facilities Agreement (Shire Pharmaceuticals Group PLC)

Recovering Finance Party’s rights. (a) On a distribution by the Agent under Clause 27.2 29.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.. 100 (154) EXECUTION VERSION

Appears in 1 contract

Samples: And Restatement Agreement (Seadrill Partners LLC)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.,

Appears in 1 contract

Samples: Facility Agreement (PT Indosat TBK)

Recovering Finance Party’s rights. (a) On a distribution by the Facility Agent under Clause 27.2 29.2 (Redistribution of paymentsPayments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Agreement (Telewest Global Inc)

Recovering Finance Party’s rights. (a) On a The Finance Parties shall assign to the Recovering Finance Party their rights against the Obligors to the extent such Finance Parties have shared in the distribution by the Agent or Relevant Swingline Agent (as applicable) under Clause 27.2 ‎33.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Linde PLC

Recovering Finance Party’s rights. (a) 26.3.1 On a distribution by the Agent under Clause 27.2 26.2 (Redistribution of payments), the Recovering Finance Party will be subrogated to the rights of the Finance Parties which have shared in the redistribution.

Appears in 1 contract

Samples: Cellcom Israel Ltd.

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