Common use of Additional Secured Debt Designation Clause in Contracts

Additional Secured Debt Designation. The undersigned, on behalf of itself and each holder of Obligations in respect of [the Series of First Lien Debt][the First-Out Obligations] for which the undersigned is acting as Priority Lien Representative hereby agrees, for the enforceable benefit of all Priority Lien Secured Parties and the Collateral Trustee and each existing and future holder of Priority Liens and as a condition to being treated as Priority Lien Debt under the Collateral Trust Agreement that:

Appears in 4 contracts

Samples: Credit Agreement (Vistra Energy Corp.), Collateral Trust Agreement (Vistra Energy Corp), Collateral Trust Agreement (Vistra Energy Corp)

AutoNDA by SimpleDocs

Additional Secured Debt Designation. The undersigned, on behalf of itself and each holder of Obligations in respect of the [the Series Additional Notes][Series of First Parity Lien Debt][the First-Out ObligationsDebt] for which the undersigned is acting as Priority Parity Lien Representative hereby agrees, for the enforceable benefit of all Priority Parity Lien Secured Parties and the Collateral Trustee and each existing and future holder of Priority Parity Liens and as a condition to being treated as Priority Parity Lien Debt under the Collateral Trust Agreement that:

Appears in 2 contracts

Samples: Indenture (CONSOL Mining Corp), Collateral Trust Agreement (Vanguard Natural Resources, LLC)

AutoNDA by SimpleDocs

Additional Secured Debt Designation. The undersigned, on behalf of itself and each holder of Obligations in respect of the [the Series Additional Notes][Series of First Priority Lien Debt][the First-Out ObligationsDebt] for which the undersigned is acting as Priority Lien Representative hereby agrees, for the enforceable benefit of all Priority Lien Secured Parties and the Collateral Trustee and each existing and future holder of Priority Liens and as a condition to being treated as Priority Lien Debt under the Collateral Trust Agreement that:

Appears in 1 contract

Samples: Collateral Trust Agreement (CSI Compressco LP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!