Common use of Deferral of Guarantors’ rights Clause in Contracts

Deferral of Guarantors’ rights. The Guarantor agrees that, so long as any amounts are or may be owed by the Borrower under the Finance Documents or the Borrower is under any actual or contingent obligations under the Finance Documents, it shall not exercise any rights which it may at any time have by reason of performance by it of its obligations under the Finance Documents:

Deferral of Guarantors’ rights. The Guarantor Each of the Guarantors agrees that, so long as any amounts are or may be owed by the Borrower an Obligor under the Finance Documents or the Borrower an Obligor is under any actual or contingent obligations under the Finance Documents, it shall not exercise any rights which it may at any time have by reason of performance by it of its obligations under the Finance Documents:

Deferral of Guarantors’ rights. The Each Guarantor agrees that, so long as any amounts are or may be owed by the any Borrower under the Finance Documents hereunder or the any Borrower is under any actual or contingent obligations under hereunder, the Finance Documents, it Guarantor shall not exercise any rights which it the Guarantor may at any time have by reason of performance by it of its obligations under the Finance Documentshereunder:

Deferral of Guarantors’ rights. The Guarantor Each of the Guarantors agrees that, so long as any amounts are or may be owed by the Borrower an Obligor under the Finance Documents or the Borrower an Obligor is under any actual or contingent obligations under the Finance Credit Facility Documents, it shall not without the prior written consent of the Facility Agent exercise any rights which it may at any time have by reason of performance by it of its obligations under the Finance Credit Facility Documents:

Deferral of Guarantors’ rights. The All rights which the Guarantor agrees thatat any time has (whether in respect of this Guarantee, so long as a mortgage or any amounts are or may be owed by other transaction) against the Borrower or its assets shall be fully subordinated to the rights of the Lender under the Finance Documents or and until the Borrower is under any actual or contingent obligations under end of the Finance DocumentsGuarantee Period and unless the Lender otherwise directs, it shall the Guarantor will not exercise any rights which it may at have (whether in respect of any time have Finance Document or any other transaction) by reason of performance by it of its obligations under the Finance DocumentsDocuments or by reason of any amount being payable, or liability arising, under this Guarantee:

Deferral of Guarantors’ rights. The Guarantor agrees that, so long as any amounts are or may be owed by the Borrower an Obligor under the any Finance Documents Document or the Borrower an Obligor is under any actual or contingent obligations under the Finance Documentsthereunder, it shall not exercise any rights which it may at any time have by reason of performance by it of its obligations under the Finance Documentsthereunder:

Deferral of Guarantors’ rights. The Guarantor agrees that, so long as any Until all amounts are or that may be owed or become payable by each Borrower under or in connection with each Finance Document irrevocably have been paid in full and unless otherwise instructed by the Borrower under Intercreditor Agent or expressly permitted by a Finance Document, the Finance Documents or the Borrower is under any actual or contingent obligations under the Finance Documents, it Guarantor shall not exercise any rights which that it may at any time have by reason of performance by it of its obligations under the Finance DocumentsDocuments or the TI Bond Finance Documents or by reason of any amount being payable, or liability arising, under this Clause 15: