Right of Subrogation. If any payment or distribution is required to be made by Guarantor pursuant to this Guaranty, then upon payment in full of all Indebtedness due to the Secured Parties, Guarantor shall be subrogated to any rights of the Secured Parties against Huntway and all other Guarantors.
Appears in 2 contracts
Sources: Collateralized Note Indenture (Huntway Partners L P), Collateralized Note Indenture (Huntway Partners L P)
Right of Subrogation. If any payment or distribution is required to be made by Guarantor pursuant to this Guaranty, then upon payment in full of all Indebtedness due to the Secured Parties, Guarantor shall be subrogated to any rights of the Secured Parties against Huntway and all other Guarantors.,
Appears in 2 contracts
Sources: Collateralized Note Indenture (Huntway Partners L P), Collateralized Note Indenture (Huntway Partners L P)
Right of Subrogation. If any payment or distribution is required to be made by Guarantor pursuant to this Guaranty, then upon payment in full of all Indebtedness due to the Secured Parties, Guarantor shall be subrogated to any rights of the Secured Parties against Huntway Sunbelt and all other Guarantors.
Appears in 2 contracts
Sources: Collateralized Note Indenture (Huntway Partners L P), Collateralized Note Indenture (Huntway Partners L P)