Erroneous Payment Subrogation Rights definition

Erroneous Payment Subrogation Rights has the meaning assigned to it in Section 8.09(d).
Erroneous Payment Subrogation Rights has the meaning assigned to it in Section 7.11(e).
Erroneous Payment Subrogation Rights has the meaning assigned to it in Section 10.16(e).

Examples of Erroneous Payment Subrogation Rights in a sentence

Except pursuant to an Erroneous Payment Deficiency Assignment or the exercise of any Erroneous Payment Subrogation Rights (or any equivalent equitable subrogation rights), the Borrower shall not have any liability to the Agent or any other Secured Party for any Erroneous Payment or any interest, loss, cost or damages related there to arising therefrom under any provision of this Agreement or any other Loan Document or under any legal principle or theory, whether arising by law or in equity.

Without limiting any of the foregoing, the Obligations shall include any Erroneous Payment Subrogation Rights.

Subject to the delay provided for in Section 1.2, to the extent applicable, each Material Credit Party must guarantee in favour of the Agent and the Lenders the performance of all of the obligations (a) of the Borrower under the Facility, and (b) of the Credit Parties under (i) the Hedging Agreements (other than Excluded Swap Obligations), (ii) the Credit Card Obligations, (iii) the Transfer and Deposit Obligations, (iv) the LC Obligations, and (v) any Erroneous Payment Subrogation Rights.


More Definitions of Erroneous Payment Subrogation Rights

Erroneous Payment Subrogation Rights has the meaning assigned to such term in Section 8.03(d).
Erroneous Payment Subrogation Rights has the meaning specified in Section 9.15(d).
Erroneous Payment Subrogation Rights has the meaning set forth in Section 9.20.
Erroneous Payment Subrogation Rights as defined in Section 9.14(d).
Erroneous Payment Subrogation Rights shall have the meaning assigned to it in Section 8.12(d).
Erroneous Payment Subrogation Rights has the meaning specified in Section 8.08(d). “EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time. “Eurocurrency Lending Office” means, with respect to any Lender, the office of such Lender specified as its “Eurocurrency Lending Office” in its administrative questionnaire delivered to the Administrative Agent or in the Acceptance pursuant to which it became a Lender (or, if no such office is specified, its Domestic Lending Office), or such other office of such Lender as such Lender may from time to time specify to the Borrower and the Administrative Agent. “Eurocurrency Liabilities” has the meaning assigned to that term in Regulation D of the Board of Governors of the Federal Reserve System, as in effect from time to time. “Eurocurrency Rate” means for any Interest Period, the rate per annum appearing on the applicable Bloomberg screen (or on any successor or substitute page of such service, or any successor to or substitute for such service, providing rate quotations comparable to those currently provided on such page, as determined by the Administrative Agent from time to time for purposes of providing quotations of interest rates applicable to dollar deposits in the London interbank market, the “Screen Rate”) as the London interbank offered rate for deposits in Dollars at approximately 11:00 A.M. (London time) on the second Business Day immediately preceding the first day of such Interest Period, for a term comparable to such Interest Period; provided, that the Eurocurrency Rate shall not be less than zero; provided, further, that if the applicable Screen Rate shall not be available at such time for such Interest Period (an “Impacted Interest Period”), then the Eurocurrency Rate shall be the Interpolated Rate at such time. “Eurocurrency Rate Loan” means a Loan which bears interest as provided in Section 2.08(a)(ii).
Erroneous Payment Subrogation Rights has the meaning assigned to it in Section 11.15(d) [Erroneous Payments].