Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In Full.
Appears in 7 contracts
Samples: Joinder and Assumption Agreement (CONSOL Energy Inc), Credit Agreement (CNX Gas Corp), Credit Agreement (CONSOL Energy Inc)
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In Fullthe Senior Debt shall have been indefeasibly paid in full and the Commitments shall have terminated and the Letters of Credit have expired.
Appears in 6 contracts
Samples: Intercompany Subordination Agreement (Sl Industries Inc), Credit Agreement (Under Armour, Inc.), Intercompany Subordination Agreement (Under Armour, Inc.)
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders Banks pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In Fullthe Senior Debt shall have been indefeasibly paid in full and the Commitments shall have terminated.
Appears in 5 contracts
Samples: Credit Agreement (Papa Johns International Inc), Joinder and Assumption Agreement (Ii-Vi Inc), Credit Agreement (Papa Johns International Inc)
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In Fullthe Senior Debt shall have been indefeasibly paid in full and the Commitments shall have terminated and the Letters of Credit have expired.
Appears in 5 contracts
Samples: Credit Agreement (O'Gara Group, Inc.), Intercreditor Agreement (Armstrong Coal Company, Inc.), Security Agreement (Armstrong Resource Partners, L.P.)
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment the Senior Debt shall have been Paid In Full.
Appears in 3 contracts
Samples: Credit Agreement (Advanced Drainage Systems, Inc.), Intercompany Subordination Agreement (Advanced Drainage Systems, Inc.), Intercompany Subordination Agreement (Advanced Drainage Systems, Inc.)
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In FullFull of the Senior Debt shall have been made.
Appears in 2 contracts
Samples: Credit Agreement (Foster L B Co), Credit Agreement (Foster L B Co)
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or (on its own behalf and on behalf of the Lenders Secured Parties) pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In Full.
Appears in 2 contracts
Samples: Credit Agreement (CNX Resources Corp), Credit Agreement (CNX Midstream Partners LP)
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In in Full.
Appears in 2 contracts
Samples: Credit Agreement (Calgon Carbon Corporation), Intercompany Subordination Agreement (Black Box Corp)
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment the Senior Debt (other than continuing future indemnification obligations for which no claim has then been made) shall have been Paid In Full.
Appears in 2 contracts
Samples: Refinancing Credit Agreement (Westinghouse Air Brake Technologies Corp), Refinancing Credit Agreement (Westinghouse Air Brake Technologies Corp)
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders any other Secured Party pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In Fullpayment in full of the Senior Debt.
Appears in 1 contract
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In Fullthe Facility Termination Date.
Appears in 1 contract
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment the Senior Debt shall have been indefeasibly Paid In Full.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Koppers Holdings Inc.)
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent Prudential or the Lenders Purchasers pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In Fullin Full of the Senior Debt.
Appears in 1 contract
Samples: Intercompany Subordination Agreement (Advanced Drainage Systems, Inc.)
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In Fullthe Senior Debt shall have been indefeasibly paid in full and the Commitments shall have terminated.
Appears in 1 contract
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent Agent, the Lenders or the Lenders other Secured Parties pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In the Senior Debt shall have been Paid in Full.
Appears in 1 contract
Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In FullFull of the Senior Debt.
Appears in 1 contract
Samples: Continuing Agreement (Ii-Vi Inc)
