Common use of Rights of Subrogation Clause in Contracts

Rights of Subrogation. The Subordinated Creditors agree that no payment or distribution to any Lender pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors to exercise any rights of subrogation in respect thereof until the Termination Date. The Subordinated Creditors agree that the subordination provisions contained herein shall not be affected by any action, or failure to act, by a Lender which results, or may result, in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the Obligors.

Rights of Subrogation. The Each Subordinated Creditors agree Creditor agrees that no payment or distribution to any Lender the Agent or the other Secured Parties pursuant to the provisions of this Intercompany Subordination Agreement shall entitle the such Subordinated Creditors Creditor to exercise any rights right of subrogation in respect thereof until the Termination Date. The Subordinated Creditors agree that the subordination provisions contained herein Senior Indebtedness shall not be affected by any action, or failure to act, by a Lender which results, or may result, have been paid in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the Obligorsfull in cash.

Rights of Subrogation. The Subordinated Creditors agree Creditor agrees that no payment or distribution to any Lender or the holder of Senior Indebtedness pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors Creditor to exercise any rights of subrogation in respect thereof until the Termination Date. The Subordinated Creditors agree that the subordination provisions contained herein Senior Indebtedness shall not be affected by any action, or failure to act, by a Lender which results, or may result, have been paid in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the Obligorsfull.

Rights of Subrogation. The Each Subordinated Creditors agree Creditor agrees that no payment or distribution to any Lender the Applicable Representative or the Secured Parties pursuant to the provisions of this Intercompany Subordination Agreement shall entitle the such Subordinated Creditors Creditor to exercise any rights right of subrogation in respect thereof until the Termination Date. The Subordinated Creditors agree that Discharge of Term Loan Collateral Obligations and the subordination provisions contained herein shall not be affected by any action, or failure to act, by a Lender which results, or may result, in affecting, impairing or extinguishing any right Discharge of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the ObligorsABL Obligations.

Rights of Subrogation. The Subordinated Creditors agree Creditor agrees that no payment or distribution to any the Lender pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors Creditor to exercise any rights of subrogation in respect thereof until the Termination Date. The Subordinated Creditors agree that the subordination provisions contained herein Senior Liabilities shall not be affected by any action, or failure to act, by a Lender which results, or may result, in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the Obligorshave been Fully Paid.

Rights of Subrogation. The Subordinated Creditors agree that no payment or distribution to any Lender the Agents or the Banks pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors to exercise any rights of subrogation in respect thereof until the Termination DateObligations shall have been indefeasibly paid in full. The Subordinated Creditors agree that the subordination provisions contained herein shall not be affected by any action, or failure to act, by a Lender the holder(s) of the Obligations which results, or may result, in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the ObligorsCreditors.

Rights of Subrogation. The Each Subordinated Creditors agree Creditor agrees that no payment or distribution to any Lender the Agents or the other Secured Parties pursuant to the provisions of this Intercompany Subordination Agreement shall entitle the such Subordinated Creditors Creditor to exercise any rights right of subrogation in respect thereof until the Termination Date. The Subordinated Creditors agree that the subordination provisions contained herein Senior Indebtedness shall not be affected by any action, or failure to act, by a Lender which results, or may result, have been paid in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the Obligorsfull in cash.

Rights of Subrogation. The Subordinated Creditors agree that no payment or distribution to any Lender pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors to exercise any rights of subrogation in respect thereof until the Termination Date. The Subordinated Creditors agree that the subordination provisions contained herein shall not be affected by any action, or failure to act, by a Lender which results, or may result, in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the Obligors.

Rights of Subrogation. The Subordinated Creditors agree that no payment or distribution to any Lender of the Secured Parties pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors to exercise any rights of subrogation in respect thereof until the Termination DateLoan Repayment Date has occurred. The Subordinated Creditors agree that the subordination provisions contained herein shall not be affected by any action, or failure to act, by a Lender any Secured Party which results, or may result, in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the ObligorsSubordinated Debtors.

Rights of Subrogation. The Each Subordinated Creditors agree Creditor agrees that no payment or distribution to any Lender the Administrative Agent or the Secured Parties pursuant to the provisions of this Intercompany Subordination Agreement shall entitle the such Subordinated Creditors Creditor to exercise any rights right of subrogation in respect thereof until the Termination Release Date. The Subordinated Creditors agree that the subordination provisions contained herein shall not be affected by any action, or failure to act, by a Lender which results, or may result, in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the Obligors.

Rights of Subrogation. The Subordinated Creditors agree Creditor agrees that no payment or distribution to any Lender the Senior Creditors or Agent pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors Creditor to exercise any rights of subrogation in respect thereof until the Termination DateSenior Indebtedness shall have been indefeasibly paid in full. The Subordinated Creditors agree Creditor agrees that the subordination provisions contained herein shall not be affected by any action, action or failure to act, act by a Lender the Senior Creditors or Agent which results, or may result, in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the ObligorsCreditor.

Rights of Subrogation. The Subordinated Creditors agree Creditor agrees that no payment or distribution to any the Lender pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors Creditor to exercise any rights of subrogation in respect thereof until the Termination Date. The Subordinated Creditors agree that the subordination provisions contained herein Obligations shall not be affected by any action, or failure to act, by a Lender which results, or may result, in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the Obligorshave been fully and finally paid.

Rights of Subrogation. The Subordinated Creditors agree Creditor agrees that no payment or distribution to any Lender the Collateral Agent or the Lenders pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors Creditor to exercise any rights of subrogation in respect thereof until the Termination Date. The Subordinated Creditors agree that the subordination provisions contained herein Senior Liabilities shall not be affected by any action, or failure to act, by a Lender which results, or may result, have been paid in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the Obligorsfull.

Rights of Subrogation. The Subordinated Creditors agree that no payment or distribution to any Lender of the Secured Parties pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors to exercise any rights of subrogation in respect thereof until the Termination DateDate has occurred. The Subordinated Creditors agree that the subordination provisions contained herein shall not be affected by any action, or failure to act, by a Lender any Secured Party which results, or may result, in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the ObligorsSubordinated Debtors.

Rights of Subrogation. The Subordinated Creditors agree that no payment or distribution to any Lender either Collateral Agent pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors to exercise any rights of subrogation in respect thereof until all Senior Indebtedness has been paid in cash in full. To the Termination Date. The extent permitted by applicable law%, the Subordinated Creditors agree that the subordination provisions contained herein shall not be affected by any actionaction%, or failure to act, by a Lender which resultseither Collateral Agent that results%, or may resultresult%, in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the Obligorsany Credit Party.

Rights of Subrogation. The Subordinated Creditors agree Creditor agrees that no payment or distribution to any Lender Agent pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors Creditor to exercise any rights of subrogation in respect thereof until the Termination Date. The Subordinated Creditors agree that the subordination provisions contained herein Senior Indebtedness shall not be affected by any action, or failure to act, by a Lender which results, or may result, have been paid in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the Obligorsfull.

Rights of Subrogation. The Subordinated Creditors agree that no payment or distribution to any Lender the Lenders or the Administrative Agent pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors to exercise any rights of subrogation in respect thereof until all Senior Indebtedness has been paid in cash in full and the Termination DateCommitments have been terminated. The Subordinated Creditors agree that the subordination provisions contained herein shall not be affected by any action, or failure to act, by a Lender the Administrative Agent or the Lenders which results, or may result, in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the ObligorsBorrower.

Rights of Subrogation. The Subordinated Creditors agree that no payment or distribution to any Lender the Administrative Agent pursuant to the provisions of this Subordination Agreement shall entitle the Subordinated Creditors to exercise any rights of subrogation in respect thereof until all Senior Indebtedness has been paid in cash in full. To the Termination Date. The extent permitted by applicable law, the Subordinated Creditors agree that the subordination provisions contained herein shall not be affected by any action, or failure to act, by a Lender which the Administrative Agent that results, or may result, in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the Obligorsany Loan Party.

Rights of Subrogation. The Each Subordinated Creditors agree Creditor agrees that no payment or distribution to any Lender the Administrative Agent or the Lenders pursuant to the provisions of this Amended and Restated Intercompany Subordination Agreement shall entitle the such Subordinated Creditors Creditor to exercise any rights right of subrogation in respect thereof until the Termination Date. The Subordinated Creditors agree that the subordination provisions contained herein Obligations shall not be affected by any action, or failure to act, by a Lender which results, or may result, have been paid in affecting, impairing or extinguishing any right of reimbursement or subrogation or other right or remedy of the Subordinated Creditors against the Obligorsfull.