Common use of Immediate recourse Clause in Contracts

Immediate recourse. The Company waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Company under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 5 contracts

Samples: Agreement (Discovery Communications, Inc.), Agreement (Aon Corp), Agreement (Marconi Corp PLC)

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Immediate recourse. The Company waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from the Company under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contraryClause.

Appears in 3 contracts

Samples: Agreement (Rhodia), Agreement (Converium Holding Ag), Facilities Agreement (Royal Ahold)

Immediate recourse. The Company waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from the Company under this Clause 18Clause. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 3 contracts

Samples: Restatement Agreement (Mittal Steel Co N.V.), Restatement Agreement (Mittal Steel Co N.V.), Bridge Facility Agreement (Mittal Steel Co N.V.)

Immediate recourse. The Company waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Company under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary17.

Appears in 3 contracts

Samples: Facility Agreement (Adecco Sa), Credit Agreement (Ti Group PLC), Agreement (Adecco Sa)

Immediate recourse. The Each Company waives any right it may have of first requiring any Finance Secured Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the such Company under this Clause 18Debenture. This waiver applies irrespective of any law or any provision of a Finance Document this Debenture to the contrary.

Appears in 3 contracts

Samples: Intercreditor Agreement (Canada Goose Holdings Inc.), Intercreditor Agreement (Canada Goose Holdings Inc.), Intercreditor Agreement (Canada Goose Holdings Inc.)

Immediate recourse. The Each Company waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the that Company under this Clause 1824. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Agreement (BHP Billiton PLC), Facility and Subscription Agreement (BHP Billiton PLC)

Immediate recourse. The Company waives any right it may have of first requiring any Finance the Collateral Agent or a Secured Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security Lien or claim payment from any person before claiming from the Company under this Clause 18Agreement. This waiver applies irrespective of any law or any provision of a Finance Document this Agreement to the contrary.

Appears in 2 contracts

Samples: Security Over Cash Agreement (Reynolds Group Holdings LTD), Agreement (Reynolds Group Holdings LTD)

Immediate recourse. (a) The Company waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from the Company under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contraryClause.

Appears in 2 contracts

Samples: Agreement (PPG Industries Inc), Agreement (PPG Industries Inc)

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Immediate recourse. The Company waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person the Target before claiming from the Company under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary17 (Guarantee).

Appears in 2 contracts

Samples: Agreement (System Energy Resources Inc), Agreement (Entergy London Capital Lp)

Immediate recourse. The Company waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Company under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 1 contract

Samples: Second Supplemental Agreement (Adecco Sa)

Immediate recourse. The Company waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from the Company under this Clause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contraryGuarantee.

Appears in 1 contract

Samples: Agreement (Vivendi Universal)

Immediate recourse. The Each Company waives any right it may have of first requiring any Finance Party (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the that Company under this Clause 1823. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 1 contract

Samples: Agreement (BHP Billiton LTD)

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