Common use of Additional First Lien Obligations Clause in Contracts

Additional First Lien Obligations. The Borrower may from time to time, subject to any limitations contained in any Secured Credit Documents in effect at such time, designate additional indebtedness and related obligations that are, or are to be, secured by Liens on any assets of the Borrower or any of the Grantors that would, if such Liens were granted, constitute Shared Collateral as Additional First Lien Obligations by delivering to each Collateral Agent party hereto at such time a certificate of an Authorized Officer of the Borrower:

Appears in 9 contracts

Samples: Passu Intercreditor Agreement (Lee Enterprises, Inc), Intercreditor and Collateral Agency Agreement (APX Group Holdings, Inc.), Intercreditor and Collateral Agency Agreement (Olympic-Cascade Publishing, Inc.)

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Additional First Lien Obligations. The Borrower may from time to time, subject to any limitations contained in any Secured Credit Documents in effect at such time, incur and designate additional indebtedness and related obligations that are, or are to be, secured by Liens on any assets of the Borrower or any of the Grantors that would, if such Liens were granted, constitute Shared Collateral as Additional First Lien Obligations by delivering to each Collateral Agent party hereto at such time a certificate of an Authorized Officer of the Borrower:

Appears in 5 contracts

Samples: Credit Agreement (Apria, Inc.), Credit Agreement (Apria, Inc.), Security Agreement (Red Lion Hotels CORP)

Additional First Lien Obligations. The Borrower may from time to time, subject to any limitations contained in any Secured Credit Documents in effect at such timetime and to the extent not in contravention of this Agreement, designate additional indebtedness and related obligations that are, or are to be, secured by Liens on any assets of the Borrower or any of the Grantors that would, if such Liens were granted, constitute Shared Collateral as Additional First Lien Obligations by delivering to each Collateral Agent party hereto at such time a certificate of an Authorized Officer of the Borrower:

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (Styron Canada ULC)

Additional First Lien Obligations. The Borrower may from time to time, subject to any limitations contained in any Secured Credit Documents in effect at such time, designate additional indebtedness and related obligations that are, or are to be, secured by Liens on any assets of the Borrower or any of the Grantors Pulitzer Entities that would, if such Liens were granted, constitute Shared Collateral as Additional First Lien Obligations by delivering to each Collateral Agent party hereto at such time a certificate of an Authorized Officer of the Borrower:

Appears in 1 contract

Samples: Passu Intercreditor Agreement (Lee Enterprises, Inc)

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Additional First Lien Obligations. The Borrower may from time to time, subject to any limitations contained in any Secured Credit Documents in effect at such time, designate additional indebtedness and related obligations that are, or are to be, secured by Liens on any assets of the Borrower or any of the Grantors Subsidiaries that would, if such Liens were granted, constitute Shared Collateral as Additional First Lien Obligations by delivering to each Collateral Agent party hereto at such time a certificate of an Authorized Officer of the Borrower:

Appears in 1 contract

Samples: First Lien Intercreditor Agreement (Newsprint Ventures, Inc.)

Additional First Lien Obligations. The Borrower may from time to time, subject to any limitations contained in any Secured Credit Documents and the Existing Intercreditor Agreement in effect at such time, designate additional indebtedness and related obligations that are, or are to be, secured by Liens on any assets of the Borrower or any of the Grantors that would, if such Liens were granted, constitute Shared Collateral as Additional First Lien Obligations by delivering to the Common Collateral Agent and each Collateral Agent party hereto at such time a certificate of an Authorized Officer of the Borrower:

Appears in 1 contract

Samples: First Priority Intercreditor Agreement (UTAC Holdings Ltd.)

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