(f) insolvency proceedings, etc. upon receipt by the parties to Merrill of the indemnification referred to in section 9.03 (a), (i) the failure of the person making such indemnification, an agreement or obligation to comply with or perform the agreement, in accordance with the agreement providing for such compensation, (ii) the termination or cessation of such compensation, or the failure or termination of the agreement; which provides for such compensation to be fully in force and effective, or (iii) for the person paying such compensation, to reject all or part of the agreement providing for such compensation or to refuse the validity of the agreement providing for such compensation; or 11.05 repayment guarantees on the transfer of receivables, contribution, etc. In addition, until full payment of the covered bonds, any guarantor of repayment shall withhold the exercise of a contribution right that such guarantor may have in respect of another guarantor (including another guarantor of repayment) of the covered bonds, including such contribution entitlement in accordance with section 11.02. . .