Common use of Acknowledgment by the Secured Debt Representatives Clause in Contracts

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties, the Second Lien Collateral Trustee, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral Trustee, for itself and on behalf of the other Third Lien Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to enter into the Priority Credit Agreement, the Second Lien Indenture and the Third Lien Indenture, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Appears in 4 contracts

Samples: Credit Agreement (Gulfport Energy Corp), Intercreditor Agreement (SM Energy Co), Intercreditor Agreement (Halcon Resources Corp)

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Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties, the Second Lien Collateral Trustee, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral Trustee, for itself and on behalf of the other Third Lien Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to enter into the Priority Credit AgreementLien Documents, the Second Lien Indenture Documents and the Third Lien IndentureDocuments, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Appears in 3 contracts

Samples: Intercreditor Agreement (Chesapeake Energy Corp), Intercreditor Agreement (Denbury Resources Inc), Intercreditor Agreement (Chesapeake Energy Corp)

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties, the Second Lien Collateral Trustee, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral Trustee, for itself and on behalf of the other Third Lien Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to enter into the Priority Credit Agreement, the Second Lien Indenture and the Initial Third Lien IndentureDebt Facility, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Appears in 2 contracts

Samples: Intercreditor Agreement (Delta Tucker Holdings, Inc.), Intercreditor Agreement (Sandridge Energy Inc)

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties, the Second Lien Collateral TrusteeAgent, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral TrusteeAgent, for itself and on behalf of the other Third Lien Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to enter into the Priority Credit Agreement, the Second Lien Indenture Credit Agreement, the Additional Second Lien Documents and the Third Lien IndentureDocuments, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Appears in 1 contract

Samples: Intercreditor Agreement (Exco Resources Inc)

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties, the Second Lien Collateral Trustee, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral Trustee, for itself and on behalf of the other Third Lien Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to enter into the Priority Credit AgreementAgreement (and Hedging Obligations secured by the Priority Lien Security Documents), the Second Lien Indenture and the Initial Third Lien IndentureDebt Facility, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Appears in 1 contract

Samples: Intercreditor Agreement (Linn Energy, LLC)

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties, the Second Lien Collateral Trustee, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral TrusteeAgent, for itself and on behalf of the other Third Lien Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to enter into the Priority Credit Agreement, the Second Lien Indenture Indenture, the Additional Second Lien Documents and the Third Lien IndentureDocuments, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Appears in 1 contract

Samples: Intercreditor Agreement (Exco Resources Inc)

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties, the Second Lien Collateral TrusteeAgent, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral Trustee, for itself and on behalf of the other Third Lien Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to enter into the Priority Credit AgreementLien Documents, the Second Lien Indenture Documents and the Third Lien IndentureDocuments, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Appears in 1 contract

Samples: Intercreditor Agreement (Northern Oil & Gas, Inc.)

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties, the Second Lien Collateral Trustee, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral Trustee, for itself and on behalf of the other Third Lien Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to enter into the Priority Credit AgreementLien Documents, the Second Lien Indenture and the Initial Third Lien IndentureDebt Facility, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Appears in 1 contract

Samples: Intercreditor Agreement (Petroquest Energy Inc)

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Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties, the Second Lien Collateral TrusteeAgent, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral TrusteeAgent, for itself and on behalf of the other Third Lien Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to enter into the Priority Credit Agreement, the Second Lien Indenture and Indenture, the Third Lien Indenture, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Appears in 1 contract

Samples: Intercreditor Agreement (Midstates Petroleum Company, Inc.)

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties, the Second Lien Collateral TrusteeAgent, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral TrusteeAgent, for itself and on behalf of the other Third Lien Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to enter into the Priority Credit Agreement, the Second Lien Indenture and the Third Lien Indenture, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Appears in 1 contract

Samples: Credit Agreement (Centennial Resource Development, Inc.)

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties, the Second Lien Collateral Trustee, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral Trustee, for itself and on behalf of the other Third Lien Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to enter into the Priority Credit Agreement, the Second Lien Indenture Term Loan Credit Agreement and the Third Lien IndentureDocuments, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.. ARTICLE V -

Appears in 1 contract

Samples: Intercreditor Agreement (W&t Offshore Inc)

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties, the Second Lien Collateral Trustee, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral Trustee, for itself and on behalf of the other Third Lien Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to enter into the Priority Credit Agreement, the Second Lien Indenture Term Loan Credit Agreement and the Third Lien IndentureDocuments, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Appears in 1 contract

Samples: Intercreditor Agreement (W&t Offshore Inc)

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