No Waivers of Rights of Senior Secured Parties Sample Clauses

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Party, including the seeking by any Second Priority Debt Party of adequate protection or the asserting by any Second Priority Debt Party of any of its rights and remedies under the Second Priority Debt Documents or otherwise.
AutoNDA by SimpleDocs
No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided in this Agreement, prohibit or in any way limit any Priority Lien Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Parity Lien Secured Party or any Junior Lien Secured Party, including the seeking by any Parity Lien Secured Party or Junior Lien Secured Party of adequate protection or the assertion by any Parity Lien Secured Party or Junior Lien Secured Party of any of its rights and remedies under the Parity Lien Documents, Junior Lien Documents or otherwise.
No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Junior Priority Debt Party, including the seeking by any Junior Priority Debt Party of adequate protection or the asserting by any Junior Priority Debt Party of any of its rights and remedies under the Junior Priority Debt Documents or otherwise. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Junior Priority Representative or any other Junior Priority Debt Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Senior Secured Party, including the seeking by any Senior Secured Party of adequate protection or the asserting by any Senior Secured Party of any of its rights and remedies under the Senior Debt Documents or otherwise insofar as such objections or actions relate to assets of the Borrower or any of its Subsidiaries that do not constitute Specified Collateral.
Time is Money Join Law Insider Premium to draft better contracts faster.