Common use of Rights of Contribution Clause in Contracts

Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-full and the Commitments have terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 against any other Guarantor until such Obligations have been paid-in-full and the Commitments have terminated. For purposes of this Section 10.06, (a) “

Appears in 45 contracts

Samples: Credit Agreement (Newmark Group, Inc.), Credit Agreement (Green Plains Partners LP), Credit Agreement (Newmark Group, Inc.)

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Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s 's Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 4.6 shall be subordinate and subject in right of payment to the Obligations until such time as prior payment in full to the Obligations have been paid-in-full Agent and the Commitments have terminatedLenders of the Guaranteed Obligations, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 4.6 against any other Guarantor until payment and satisfaction in full of all of such Obligations have been paid-in-full and the Commitments have terminatedGuaranteed Obligations. For purposes of this Section 10.064.6, (a) "

Appears in 15 contracts

Samples: Credit Agreement (Extendicare Health Services Inc), Credit Agreement (Simcala Inc), Credit Agreement (Lincare Holdings Inc)

Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 4.06 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-full and the Commitments have terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 4.06 against any other Guarantor until such Obligations have been paid-in-full and the Commitments have terminated. For purposes of this Section 10.064.06, (a) “

Appears in 12 contracts

Samples: Credit Agreement (Cadence Design Systems Inc), Credit Agreement (WHITEWAVE FOODS Co), Credit Agreement (FTD Companies, Inc.)

Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s 's Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 4.06 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-full and the Commitments have terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 4.06 against any other Guarantor until such Obligations have been paid-in-full and the Commitments have terminated. For purposes of this Section 10.064.06, (a) “

Appears in 8 contracts

Samples: Credit Agreement (Shiloh Industries Inc), Credit Agreement (Cadence Design Systems Inc), Credit Agreement (Qorvo, Inc.)

Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s 's Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 4.06 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-paid in full and the Commitments have expired or terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 4.06 against any other Guarantor until such Obligations have been paid-in-paid in full and the Commitments have expired or terminated. For purposes of this Section 10.064.06, (a) "

Appears in 6 contracts

Samples: Credit Agreement (Per Se Technologies Inc), Credit Agreement (Renal Care Group Inc), Credit Agreement (Serologicals Corp)

Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-full and the Commitments have terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 against any other Guarantor until such Obligations have been paid-in-full and the Commitments have terminatedfull. For purposes of this Section 10.06, (a) “

Appears in 4 contracts

Samples: Credit Agreement (Green Plains Inc.), Credit Agreement (Green Plains Partners LP), Credit Agreement (Green Plains Partners LP)

Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 11.06 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-full and the Commitments have terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 11.06 against any other Guarantor until such Obligations have been paid-in-full and the Commitments have terminated. For purposes of this Section 10.0611.06, (a) “

Appears in 2 contracts

Samples: Credit Agreement (Littelfuse Inc /De), Credit Agreement (Littelfuse Inc /De)

Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 10.6 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-full and the Commitments have terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 10.6 against any other Guarantor until such Obligations have been paid-in-full and the Commitments have terminated. For purposes of this Section 10.0610.6, (a) “

Appears in 2 contracts

Samples: Possession Credit Agreement (Aralez Pharmaceuticals Inc.), Credit Agreement (Adeptus Health Inc.)

Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s 's Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 3.7 shall be subordinate and subject in right of payment to the Obligations until such time as prior payment in full to the Obligations have been paid-in-full Agent and the Commitments have terminatedBanks of the Guaranteed Obligations (as defined below), and none of the Guarantors shall exercise any right or remedy under this Section 10.06 3.7 against any other Guarantor until payment and satisfaction in full of all of such Obligations have been paid-in-full and the Commitments have terminatedGuaranteed Obligations. For purposes of this Section 10.063.7, (a) "

Appears in 2 contracts

Samples: Credit Agreement (Anvil Holdings Inc), Credit Agreement (Cottontops Inc)

Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s 's Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 4.06 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-irrevocably paid in full and the Commitments have terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 4.06 against any other Guarantor until such Obligations have been paid-in-irrevocably paid in full and the Commitments have terminated. For purposes of this Section 10.064.06, (a) “

Appears in 2 contracts

Samples: Credit Agreement (Flir Systems Inc), Credit Agreement (Flir Systems Inc)

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Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-full and the Revolving Commitments have terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 against any other Guarantor until such Obligations have been paid-in-full and the Revolving Commitments have terminated. For purposes of this Section 10.06, (a) “

Appears in 1 contract

Samples: Credit Agreement (PRGX Global, Inc.)

Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 4.6 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-paid in full and the Commitments have expired or terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 4.6 against any other Guarantor until such Obligations have been paid-in-paid in full and the Commitments have expired or terminated. For purposes of this Section 10.064.6, (a) “

Appears in 1 contract

Samples: Credit Agreement (Sunrise Senior Living Inc)

Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 4.6 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-paid in full and the Commitments have expired or terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 against 4.6against any other Guarantor until such Obligations have been paid-in-paid in full and the Commitments have expired or terminated. For purposes of this Section 10.064.6, (a) “

Appears in 1 contract

Samples: Credit Agreement (Sunrise Senior Living Inc)

Rights of Contribution. The Subject to Section 4.09, the Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 4.06 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-paid in full and the Commitments have expired or terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 4.06 against any other Guarantor until such Obligations have been paid-in-paid in full and the Commitments have expired or terminated. For purposes of this Section 10.064.06, (a) “

Appears in 1 contract

Samples: Intercreditor Agreement (Ardent Health Partners, LLC)

Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s 's Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under this Section 10.06 4.06 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-full and the Commitments have terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 4.06 against any other Guarantor until such Obligations have been paid-in-full and the Commitments have terminated. For purposes of this Section 10.064.06, (a) "

Appears in 1 contract

Samples: Credit Agreement (FTD Companies, Inc.)

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