Waiver of Right of Subrogation Sample Clauses

Waiver of Right of Subrogation. The Limited Partners hereby agree to waive any and all rights of subrogation to all of the Partnership's rights arising under any agreement pursuant to which (i) the Partnership incurs indebtedness and (ii) the performance of the Partnership's obligations is guaranteed by the Limited Partners. It is the intent of the Partners, that, by waiving all rights of subrogation pursuant to this Section 4.3(b), the Limited Partners assume primary liability for the performance of the obligations of the Partnership arising under any such agreement.
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Waiver of Right of Subrogation. Until the Indebtedness shall have been paid and performed in full, Guarantor shall have no right of subrogation, and Guarantor waives any right to enforce any remedy which Lender now has or may hereafter have against Borrower, any other guarantor or any other person, and waives any benefit of, and any right to participate in, any of the Collateral. 9.
Waiver of Right of Subrogation. The Guarantor shall not assert any right to which the Guarantor has or may become entitled, whether by subrogation, contribution or otherwise, against the Debtor or any of the Debtor’s properties, or against any other guarantors of the Obligations, by reason of the performance by the Guarantor of his or her Obligations under this Guaranty, and the Guarantor shall have no right of subrogation to the rights of Beneficiary against the Debtor or any other guarantors, except after (i) payment in full of all of the Obligations (including costs and expenses) which may be or become payable in respect of or under the Loan Documents, and (ii) the expiration of any applicable period of time within which payments (received from the Debtor or from liquidation of any collateral given by the Debtor) may be recovered by or on behalf of a trustee or debtor in possession in proceedings for relief under the Federal Bankruptcy Code or similar insolvency law.
Waiver of Right of Subrogation. 7. SP hereby waives any right of recovery against GE and its insurers for any loss or damage that is covered by any insurance policy maintained or required to be maintained with respect to the Services. SP shall inform all its insurers of policies required by this MSA about this waiver of subrogation, and shall secure from the insurers amendments to the policies recognizing and providing for the waiver.
Waiver of Right of Subrogation. 7.7.1. Landlord releases Tenant, to the extent Landlord has insurance coverage against the hazards to which this release applies, from liability for loss or damage caused by casualties insured against under this Lease, notwithstanding any fault or negligence of Tenant or Tenant’s agents; provided, however, that this release shall be effective only if Landlord’s policy or policies of insurance contain a waiver of right of subrogation clause which provides that a release given by an insured shall not affect the policy or the right of the named insured to recover under the policy.
Waiver of Right of Subrogation. Notwithstanding any payment or payments made by the Guarantor hereunder, the Guarantor shall not be entitled to be subrogated to any of the rights of the Lender against the Borrower or any collateral security or guaranty held by the Lender for the payment of the Obligations, nor shall the Guarantor seek any reimbursement from the Borrower in respect of payments made by the Guarantor hereunder, until all amounts owing to the Lender by the Borrower for or on account of the Obligations are paid in full. Guarantor waives all rights to subrogation, exoneration, indemnification and contribution against the Borrower on account of performance by Guarantor hereunder until all amounts owing to the Lender by the Borrower for or on account of the Obligations are paid in full. Additionally, Guarantor waives all "claims" as defined in the United States Bankruptcy Code, as amended, whether now existing or hereafter arising, against Borrower in any way related to this Guaranty. This section is not intended to prohibit Guarantor from purchasing indebtedness guaranteed hereby from Lender and thereafter exercising the rights of Lender under such indebtedness. Moreover, once the Obligations are paid in full, Guarantor shall subrogate to the rights of Lender against the Borrower as to the collateral pledged under the Pledge Agreement. Any indebtedness of the Borrower to the Guarantor now or hereafter existing (including, without limitation) any rights to subrogation the Guarantor may have as the result of any payment by the Guarantor under this Guaranty), together with interest thereon, shall be subordinated in all respects to the amounts owed by Borrower to Lender under the Loan Documents. In the event this Guaranty is held unenforceable at any time under any fraudulent conveyance, bankruptcy or insolvency laws, the payments under this Guaranty shall be adjusted to the amount necessary to cause this Guaranty to be enforceable under such fraudulent transfer, bankruptcy or insolvency laws.
Waiver of Right of Subrogation. Each of the Obligors recognizes and agrees that, except for any right of contribution arising pursuant to Section 2 hereof, each Obligor which makes any payment in respect of the Obligations shall have no right of contribution or subrogation against any other Obligor in respect of such payment, any such right of contribution or subrogation arising under law or otherwise being expressly waived by all Obligors.
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Waiver of Right of Subrogation. Notwithstanding any payment or payments made by the Guarantor hereunder, the Guarantor will not exercise any rights of FWC against the Company by way of subrogation, reimbursement or indemnity, and shall have no right of recourse to any assets or property of the Company held for the payment and performance of its Obligations, until such time as all Obligations have been satisfied and the Agreement has been terminated. If there is more than one Guarantor, each Guarantor agrees not to seek contribution from any other Guarantor until all the Obligations shall have been paid in full and the Agreement has been terminated. If any amount shall nevertheless be paid to the Guarantor, in contravention of this Section 3, such amount shall be held in trust for the benefit of FWC and shall forthwith be paid to FWC to be credited and applied to the Obligations, whether matured or not matured. The provisions of this Section shall survive termination of this Guaranty.
Waiver of Right of Subrogation. To the fullest extent permitted by Applicable Law, Guarantor waives all rights at law or in equity to seek subrogation, contribution, indemnification or any other form of reimbursement or repayment from any Borrower Party or any other guarantor of, or any other party secondarily liable for, the payment or performance of the Indebtedness or the Guaranteed Obligations until the Indebtedness has been paid and performed in full. When the Indebtedness has been indefeasibly paid and fully performed, Guarantor will be subrogated to the rights of Agent against Borrower and any endorsers, sureties or other guarantors to the extent of the payments that Guarantor makes on the Guaranteed Obligations.
Waiver of Right of Subrogation. Notwithstanding anything to the apparent contrary contained herein, Guarantor does not herein expressly or impliedly waive or release any rights of subrogation that Guarantor may have against Borrower (except as same are expressly subordinated as provided herein), rights of contribution that Guarantor may have against any other guarantor of, or other person secondarily liable for, the payment of the Indebtedness or performance of the Obligations or rights of reimbursement that Guarantor may have as against Borrower (except as same may be limited herein).
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