Common use of Waiver of Right of Subrogation Clause in Contracts

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.

Appears in 2 contracts

Samples: GTJ REIT, Inc., GTJ REIT, Inc.

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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 waive any benefit of, and any right to participate in, any of the Collateral. 9.

Appears in 1 contract

Samples: Unconditional Guaranty (Allscripts Healthcare Solutions Inc)

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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.

Appears in 1 contract

Samples: Guaranty (Century Properties Growth Fund Xxii)

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