No Right of Contribution. On and after the occurrence of an Event of Default hereunder, no Borrower shall seek or be entitled to any reimbursement from any other Borrower, or be subrogated to any rights of the Lenders against the Borrowers, in respect of any payments made pursuant to the Loan Documents, until all amounts owing to the Lenders hereunder and under the Notes are paid in full.
Appears in 4 contracts
Sources: Credit Agreement (West Pharmaceutical Services Inc), Credit Agreement (West Pharmaceutical Services Inc), Credit Agreement (West Pharmaceutical Services Inc)
No Right of Contribution. On and after the occurrence of an Event of Default hereunder, no Borrower shall seek or be entitled to any reimbursement from any other Borrower, or be subrogated to any rights of the Lenders Banks against the Borrowers, in respect of any payments made pursuant to the Loan Documents, until all amounts owing to the Lenders Banks hereunder and under the Notes are paid in full.
Appears in 4 contracts
Sources: Credit Agreement (Tasty Baking Co), Credit Agreement (West Pharmaceutical Services Inc), Credit Agreement (Tasty Baking Co)
No Right of Contribution. On and after the occurrence of an Event of Default hereunder, no Borrower shall seek or be entitled to any reimbursement from any other Borrower, or be subrogated to any rights of the Lenders against the Borrowers, in respect of any payments made pursuant to the Loan Documents, until all amounts owing to the Lenders hereunder and under the Notes are paid Paid in fullFull.
Appears in 1 contract
Sources: Second Amendment and Joinder and Assumption Agreement (West Pharmaceutical Services Inc)
No Right of Contribution. On and after the occurrence of an Event of Default hereunder, no No Borrower shall seek or be entitled to any reimbursement from any other Borrower, or be subrogated to any rights of the Lenders Banks against the Borrowers, in respect of any payments made pursuant to the Loan Documents, until all amounts owing to the Lenders Banks hereunder and under the Notes are paid in fullfull and the Commitments are terminated.
Appears in 1 contract
No Right of Contribution. On and after the occurrence of an Event of Default hereunder, no Borrower shall seek or be entitled to any reimbursement from any other Borrower, or be subrogated to any rights of the Lenders Banks against the Borrowers, in respect of any payments made pursuant to the Loan Documents, until all amounts owing to the Lenders Banks hereunder and under the Revolving Credit Notes are paid in full.
Appears in 1 contract
Sources: Credit Agreement (Right Management Consultants Inc)
No Right of Contribution. On and after the occurrence of an Event of Default hereunder, no the Borrower shall not seek or be entitled to any reimbursement from any other BorrowerSubsidiary, or be subrogated to any rights of the Lenders Banks against the BorrowersSubsidiaries, in respect of any payments made pursuant to the Loan Documents, until all amounts owing to the Lenders Banks hereunder and under the Notes are paid in full.
Appears in 1 contract