Rights of Recourse

Example Definitions of "Rights of Recourse"
Rights of Recourse. All and any rights, actions or claims the Pledgor may have by way of subrogation against the Company or any other person having granted security or given a guarantee for or being liable for the payment of some or all the Obligations, arising under or pursuant to the enforcement of this Agreement, including, in particular, the Pledgor's right of recourse against such persons, or any of them, under the terms of Article 2028 et seq. of the Luxembourg Civil Code (including, for the avoidance of... doubt, any right of recourse prior to enforcement), or any right of recourse by way of subrogation or any other similar right, action or claim under any applicable law View More
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