Common use of Right of Contribution Clause in Contracts

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligations, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 25 contracts

Samples: Guarantee and Collateral Agreement (Sba Communications Corp), Amendment and Restatement (Sba Communications Corp), Guarantee and Collateral Agreement (Sba Communications Corp)

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Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a any Guarantor shall have paid more than its proportionate share of any payment made hereunder or on the Guarantor Hedge Agreement Obligationsobligations under the Guarantees, such Guarantor shall be entitled to seek and receive contribution from and against the Company or any other Guarantor hereunder which who has not paid its proportionate share of such payment. The provisions of this Section 10.03 shall in no respect limit the obligations and liabilities of each Guarantor to the Trustee and the Holders and each Guarantor shall remain liable to the Trustee and the Holders for the full amount guaranteed by such Guarantor hereunder.

Appears in 15 contracts

Samples: Intercreditor Agreement (Cleveland-Cliffs Inc.), Registration Rights Agreement (Cleveland-Cliffs Inc.), Indenture (Cliffs Natural Resources Inc.)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a any Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationsin respect of any Guaranteed Obligation of any other Guarantor, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 12 contracts

Samples: Revolving Credit Agreement (Harris Corp /De/), Term Loan Agreement (Assurant Inc), Revolving Credit Agreement (Heico Corp)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 8 contracts

Samples: Guarantee and Collateral Agreement (XCel Brands, Inc.), Credit Agreement (Hanger, Inc.), Subsidiary Guaranty (Solgar)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.. Each Guarantor’s right of contribution shall be subject to the terms and conditions of Section 1.4

Appears in 4 contracts

Samples: Subsidiary Guarantee (Digital Angel Corp), Subsidiary Guarantee (Integrated Biopharma Inc), Subsidiary Guarantee (Integrated Biopharma Inc)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.. Each Guarantor’s right of contribution shall be subject to the terms and conditions of Section 6.03. The provisions of this Section

Appears in 4 contracts

Samples: Credit Agreement (TerrAscend Corp.), Credit Agreement (Goodness Growth Holdings, Inc.), Credit Agreement (Goodness Growth Holdings, Inc.)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment. Each Guarantor's right of contribution shall be subject to the terms and conditions of Section 11.04 (No Subrogation).

Appears in 3 contracts

Samples: Credit and Guarantee Agreement (Delta Energy Center, LLC), Credit and Guarantee Agreement (Calpine Corp), Credit and Guarantee Agreement (Calpine Corp)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Bank Product Obligations, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 2 contracts

Samples: Credit Agreement (Parker Drilling Co /De/), Credit Agreement (Parker Drilling Co /De/)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment. Each Guarantor's right of contribution shall be subject to the terms and conditions of Section 11.4 (No Subrogation).

Appears in 2 contracts

Samples: Credit Agreement (Calpine Corp), Credit Agreement (Delta Energy Center, LLC)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.proportionate

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Anc Rental Corp)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationsin respect of any Borrower Obligation, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 1 contract

Samples: Guarantee and Security Agreement (Trans Energy Inc)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligations, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.hereunder,

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Telex Communications Inc)

Right of Contribution. (a) Each Guarantor The Guarantors hereby agrees that to the extent that a agree as among themselves that, if any Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationsmake an Excess Payment, such Guarantor shall be entitled to seek and receive have a right of contribution from and against any each other Guarantor hereunder which has not paid its proportionate share in an amount equal to such other Guarantor’s Contribution Share of such payment.Excess Payment. The payment obligations of any Guarantor under this Section shall be subordinate and subject in right of

Appears in 1 contract

Samples: Saul Centers, Inc.

Right of Contribution. (aiii) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligations, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Sba Communications Corp)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.. Each Guarantor’s right of contribution shall be subject to the terms and conditions of

Appears in 1 contract

Samples: Pledge Agreement (Liberty Global PLC)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Swap Agreement Obligations, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Sba Communications Corp)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (STC Broadcasting Inc)

Right of Contribution. (a) Each Subsidiary Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 1 contract

Samples: Subsidiary Guaranty (CommScope Holding Company, Inc.)

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Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Other Obligations, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (United Components Inc)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.hereunder

Appears in 1 contract

Samples: Loan Agreement (Volta Inc.)

Right of Contribution. (a) Each The Guarantor hereby agrees that to the extent that a Guarantor it shall have paid more than its proportionate share of any payment made hereunder or hereunder, the Guarantor Hedge Agreement Obligations, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder under the Credit Agreement which has not paid its proportionate share of such payment.. The Guarantor’s right of contribution shall be subject to the terms and conditions of Section 9.4

Appears in 1 contract

Samples: Par Petroleum Corp/Co

Right of Contribution. (a) Each Guarantor hereby agrees that that, to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment. Each Guarantor’s right of contribution shall be subject to the terms and conditions of Section 2.03.

Appears in 1 contract

Samples: Guaranty Agreement

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a any Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 1 contract

Samples: Guarantee Agreement (New Media Investment Group Inc.)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge in respect of any Borrower Credit Agreement ObligationsObligation, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Magellan Midstream Partners Lp)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share (measured by the book value of assets of the various Guarantors) of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment. Each Guarantor’s right of contribution shall be subject to the terms and conditions of Section 7.04.

Appears in 1 contract

Samples: Credit Agreement (Loar Holdings, LLC)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or in respect of the Guarantor Hedge Agreement Obligations, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 1 contract

Samples: Mortgage, Security Agreement (Delek US Holdings, Inc.)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or under the Guarantor Hedge Agreement Obligations, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Primus Telecommunications Group Inc)

Right of Contribution. (a) Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.. Each Guarantor's right of contribution shall be subject to the terms and conditions of Section 2.3. The

Appears in 1 contract

Samples: And Collateral Agreement (Circuit Research Labs Inc)

Right of Contribution. (a) Each Guarantor hereby agrees that to the --------------------- extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder or the Guarantor Hedge Agreement Obligationshereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which that has not paid its proportionate share of such payment.such

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Acterna Corp)

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