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 and the Second Lien Agent, for itself and on behalf of the other Second 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 and the Second Lien Credit Agreement, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties Parties, and the Second Lien Agent, for itself and on behalf of the other Second 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 and the Second Lien Credit AgreementIndenture, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties and the Second Lien Collateral Agent, for itself and on behalf of the other Second 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 and the Original Second Lien Credit Agreement, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Acknowledgment by the Secured Debt Representatives. Each of the The Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties and the Second Lien Collateral Agent, for itself and on behalf of the other Second 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 and the Agreement, each Second Lien Credit AgreementIndenture, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties and the Second Lien Collateral Agent, for itself and on behalf of the other Second 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 and the Second Lien Credit AgreementIndenture, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties Parties, and the Second Lien AgentCollateral Trustee, for itself and on behalf of the other Second 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 and the Second Lien Credit AgreementIndenture, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.. 30 [VANGUARD AMENDED AND RESTATED INTERCREDITOR AGREEMENT]

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties Parties, and the Second Lien AgentSubordinated Collateral Trustee, for itself and on behalf of the other Second Lien Subordinated 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 and the Second Lien Credit AgreementSubordinated Notes Indenture, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties Parties, and the Second 1.5 Lien Agent, for itself and on behalf of the other Second 1.5 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 and Agreement, the Second 1.5 Lien Credit Agreement, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Acknowledgment by the Secured Debt Representatives. Each of the Priority Lien Agent, for itself and on behalf of the other Priority Lien Secured Parties and the Second Lien Agent, for itself and on behalf of the other Second Lien Secured Parties, and EXXI hereby (i) acknowledges that (x) this Agreement is a material inducement to enter into a business relationship, that (y) each has relied on this Agreement to enter into the Priority Credit Agreement and the Second Lien Credit AgreementIntercompany Note, as applicable, and all documentation related thereto, and that (z) each will continue to rely on this Agreement in their related future dealingsdealings and (ii) consents to the ranking of Liens provided for in this Agreement.