Additional Secured Debt Designation. The undersigned, on behalf of itself and each holder of Obligations in respect of the [Additional Notes][Series of Parity Lien Debt] for which the undersigned is acting as Parity Lien Representative hereby agrees, for the enforceable benefit of each existing and future holder of Priority Lien Obligations, the Priority Lien Collateral Agent, all holders of each current and future Series of Parity Lien Debt, each other current and future Parity Lien Representative and each current and future holder of Parity Lien Obligations and as a condition to being treated as Parity Lien Debt under the Collateral Trust Agreement that:
Appears in 5 contracts
Samples: Collateral Trust Agreement (SM Energy Co), Collateral Trust Agreement (Linn Energy, LLC), Collateral Trust Agreement (Sandridge Energy Inc)