Subordination of Subrogation and Other Rights Sample Clauses

Subordination of Subrogation and Other Rights. Each Guarantor hereby agrees that any claim against the Issuer that arises from the payment, performance or enforcement of such Guarantor’s obligations under the Note Guarantee or this Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Guarantor shall be made before, the payment in full in cash of all outstanding Notes in accordance with the provisions provided therefor in this Indenture.
AutoNDA by SimpleDocs
Subordination of Subrogation and Other Rights. The Guarantor hereby agrees that any claim against the Company that arises from the payment, performance or enforcement of the Guarantor's obligations under the Guarantee or the Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of the Guarantor shall be made before, the payment in full in cash of all outstanding Securities of each series in accordance with the provisions provided therefor in the Indenture. ARTICLE THREE CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE
Subordination of Subrogation and Other Rights. Each Subsidiary Guarantor hereby agrees that any claim against the Company that arises from the payment, performance or enforcement of such Subsidiary Guarantor's obligations under the Subsidiary Guarantee or this Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Subsidiary Guarantor shall be made before, the payment in full in cash of all outstanding Notes in accordance with the provisions provided therefor in this Indenture.
Subordination of Subrogation and Other Rights. 94 ARTICLE 12.
Subordination of Subrogation and Other Rights. Each Guarantor hereby agrees that any claim against the Company that arises from the payment, performance or enforcement of such Guarantor’s obligations under the Guarantee or this Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Guarantor shall be made before, the payment in full in cash of all Outstanding Securities of each series entitled to the benefits of the Guarantees provided by this Article 14 in accordance with the provisions provided therefor in this Indenture. This instrument may be executed in any number of counterparts, each of which so executed shall be deemed an original, but all such counterparts shall together constitute but one and the same instrument. The exchange of copies of this Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and may be used in lieu of the original Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes.
Subordination of Subrogation and Other Rights. Each Guarantor hereby agrees that any claim against Case New Holland that arises from the payment, performance or enforcement of such Guarantor’s obligations under the Guarantee or this Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Guarantor shall be made before, the payment in full in cash of all outstanding Notes in accordance with the provisions provided therefor in this Indenture.
Subordination of Subrogation and Other Rights. Each Guarantor hereby agrees that any claim against the Company that arises from the payment, performance or enforcement of such Guarantor's obligations 84
AutoNDA by SimpleDocs
Subordination of Subrogation and Other Rights. Each Subsidiary Guarantor hereby agrees that any claim against the Issuers that arises from the payment, performance or enforcement of such Subsidiary Guarantor's obligations under its Subsidiary Guarantee or this Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Subsidiary Guarantor shall be made before, the payment in full in cash of all outstanding Securities in accordance with the provisions provided therefor in this Indenture. ARTICLE TWELVE [INTENTIONALLY OMITTED] ARTICLE THIRTEEN MISCELLANEOUS
Subordination of Subrogation and Other Rights. Each Guarantor hereby covenants and agrees that any claim against the Company that arises from the payment, performance or endorsement of such Guarantor's obligations under its Guarantee or this Supplemental Indenture, including, without limitation, any right of subrogation, is expressly made subordinate to and subject in right of payment to the prior payment in full in cash or cash equivalents or, as acceptable to the Holders of the Series E Notes, in any other manner, of all outstanding Series E Notes in accordance with the provisions provided therefor in this Supplemental Indenture.
Subordination of Subrogation and Other Rights. The Guarantor hereby agrees that any claim against the Issuers that arises from the payment, performance or enforcement of the Guarantor's obligations under the El Paso Guarantee or this New Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to the payment or satisfaction in full of the New Limestone Notes (whether by payment, redemption or otherwise), and the Guarantor shall not institute any proceedings to enforce any such claim of the Guarantor until (x) the payment or satisfaction in full of the New Limestone Notes (whether by payment, redemption or otherwise) and (y) the cancellation of the outstanding Limestone Certificates in accordance with Section 7.04 of the Limestone Trust Agreement or the receipt by the Certificateholders of the EP Purchase Option Deposit Amount in accordance with Section 7.02 of the Limestone Trust Agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.