Common use of Erroneous Payment Subrogation Rights Clause in Contracts

Erroneous Payment Subrogation Rights. For the avoidance of doubt, the Obligations shall not include (a) any obligations arising under any warrants or other equity instruments issued by any Loan Party to any Lender, or (b) solely with respect to any Guarantor that is not a Qualified ECP Guarantor, any Excluded Swap Obligations of such Guarantor.

Appears in 2 contracts

Sources: Credit Agreement (Yext, Inc.), Credit Agreement (Kaltura Inc)

Erroneous Payment Subrogation Rights. For the avoidance of doubt, the Obligations shall not include (ai) any obligations arising under any warrants or other equity instruments issued by any Loan Party to any Lender, or (bii) solely with respect to any Guarantor that is not a Qualified ECP Guarantor, any Excluded Swap Obligations of such Guarantor.

Appears in 1 contract

Sources: Credit Agreement (Sprinklr, Inc.)