No Guarantor shall exercise any right of subrogation, contribution, indemnity, reimbursement or similar rights with respect to any payments it makes under this Guaranty until all of the Secured Obligations and any amounts payable under this Guaranty have been indefeasibly paid and performed in full in cash and the Commitments and the Facilities are terminated. If any amounts are paid to a Guarantor in violation of the foregoing limitation, then such amounts shall be held in trust for the benefit of the Secured Parties and shall forthwith be paid to the Secured Parties to reduce the amount of the Secured Obligations, whether matured or unmatured.

No Guarantor shall exercise any right of subrogation, contribution, indemnity, reimbursement or similar rights with respect to any payments it makes under this Guaranty until all of the Secured Obligations and any amounts payable under this Guaranty have been indefeasibly paid and performed in full in cash and the Commitments and the Facilities are terminated. If any amounts are paid to a Guarantor in violation of the foregoing limitation, then such amounts shall be held in trust for the benefit of the Secured Parties and shall forthwith be paid to the Secured Parties to reduce the amount of the Secured Obligations, whether matured or unmatured.

No Guarantor shall exercise any right of subrogation, contribution, indemnity, reimbursement or similar rights with respect to any payments it makes under this Guaranty until all of the Secured Obligations and any amounts payable under this Guaranty have been indefeasibly paid and performed in full in cash and the Commitments and the Facilities are terminated. If any amounts are paid to a Guarantor in violation of the foregoing limitation, then such amounts shall be held in trust for the benefit of the Secured PartiesLenders and shall forthwith be paid to the Secured PartiesLenders to reduce the amount of the Secured Obligations, whether matured or unmatured.

No GuarantorSubrogation ​ shall not exercise any right of subrogation, contribution, indemnity, reimbursement or similar rights with respect to any payments it makes under this Guaranty until all of the Secured Obligations and any amounts payable under this Guaranty have been indefeasibly paid and performed in full in cash and the Commitments and the Facilities are terminated. If any amounts are paid to a Guarantor​ in violation of the foregoing limitation, then such amounts shall be held in trust for the benefit of the Secured PartiesLenders and shall forthwith be paid to the Secured PartiesLenders to reduce the amount of the Secured Obligations, whether matured or unmatured.

. No Guarantor shall exercise any right of subrogation, contribution, indemnity, reimbursement or similar rights with respect to any payments it makes under this Guaranty until all of the SecuredGuaranteed Obligations and any amounts payable under this Guaranty have been indefeasibly paid and performed in full in cash and the Commitments and the Facilities are terminated.terminated, and all Letters of Credit have been cancelled, have expired or terminated or have been collateralized as provided herein or otherwise to the satisfaction of the Administrative Agent and the L/C Issuers. If any amounts are paid to aany Guarantor in violation of the foregoing limitation, then such amounts shall be held in trust by such Guarantor for the benefit of the SecuredCreditor Parties and shall forthwith be paid to the SecuredAdministrative Agent for the benefit of the Creditor Parties to reduce the amount of the SecuredGuaranteed Obligations, whether matured or unmatured.

Each Guarantor shallwill not exercise any rightrights which it may have acquired by way of subrogation, contribution, indemnity, reimbursementsubrogation under this Guaranty Agreement, by any payment made hereunder or similarotherwise, or accept any payment on account of such subrogation rights, or any rights with respectof reimbursement, contribution or indemnity or any rights or recourse to any payments it makes undersecurity for the ​ or this Guaranty Agreement unless and until all of the SecuredGuaranteed Obligations and any amounts payable under this Guarantyshall have been indefeasibly paid and performed in full in cash and the Commitments and the Facilities are terminated. If any amounts are paid to a Guarantor in violation of the foregoing limitation, then such amounts shall be held in trust for the benefit of the Secured Parties and shall forthwith be paid to the Secured Parties to reduce the amount of the Secured Obligations, whether matured or unmatured.cash.