Common use of Asset Dispositions in an Insolvency Proceeding Clause in Contracts

Asset Dispositions in an Insolvency Proceeding. In an Insolvency Proceeding or otherwise, neither the Second Priority Representative nor any other Second Priority Secured Party shall oppose any sale or disposition of any Common Collateral that is supported by the First Priority Secured Parties, and the Second Priority Representative and each other Second Priority Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code (and otherwise) to any sale supported by the First Priority Secured Parties and to have released their Liens on such assets.

Asset Dispositions in an Insolvency Proceeding. In an Insolvency Proceeding or otherwiseProceeding, neither the Second Priority Representative nor any other Second Priority Secured Party shall oppose any sale or disposition of any Common Collateral assets of any Grantor that is supported by the First Priority Secured Parties, and the Second Priority Representative and each other Second Priority Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code (and otherwise) to any sale supported by the First Priority Secured Parties and to have released their Liens on such assets.

Asset Dispositions in an Insolvency Proceeding. In an Insolvency Proceeding or otherwiseProceeding, neither the Second Priority Representative nor any other Second Priority Secured Party shall oppose any sale or disposition of any Common Collateral assets of any Loan Party that is supported by the any First Priority Secured Parties, Representative and the Second Priority Representative and each other Second Priority Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code (and otherwise) to any sale or disposition supported by the First Priority Secured Parties and to have released their Liens on such assets.

Asset Dispositions in an Insolvency Proceeding. In an Insolvency Proceeding or otherwiseProceeding, neither the Second Priority Representative nor any other Second Priority Secured Party shall oppose any sale or disposition of any Common Collateral assets of any Loan Party that is supported by the First Priority Secured Parties, and the Second Priority Representative and each other Second Priority Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code (and otherwise) to any sale supported by the First Priority Secured Parties and to have released their Liens on such assets.

Asset Dispositions in an Insolvency Proceeding. In an Insolvency Proceeding or otherwiseProceeding, neither the Second Priority Representative nor any other Second Priority Secured Party shall oppose any sale or disposition of any Common Collateral assets of any Loan Party that is supported by the First Priority Representative (or the requisite First Priority Secured PartiesParties under the First Priority Agreement), and the Second Priority Representative and each other Second Priority Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code (and otherwise) to any sale or disposition supported by the First Priority Secured Parties and to have released their Liens on such assets.

Asset Dispositions in an Insolvency Proceeding. In an Insolvency Proceeding or otherwise, neither the Second Priority Representative nor any other Second Priority Secured Party shall oppose any sale or disposition of any Common Collateral assets of the Company that is supported by the First Priority Secured Parties, and the Second Priority Representative and each other Second Priority Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code (and or otherwise) to any sale supported by the First Priority Secured Parties and to have released their Liens on such assets.

Asset Dispositions in an Insolvency Proceeding. In an Insolvency Proceeding or otherwise, neither Neither the Second Priority Representative nor any other Second Priority Secured Party shall shall, in an Insolvency Proceeding or otherwise, oppose any sale or disposition of any Common Collateral assets of any Loan Party that is supported by the First Priority Secured PartiesRequired Lenders, and the Second Priority Representative and each other Second Priority Secured Party Required Lenders will be deemed to have consented under Section 363 of the Bankruptcy Code (and otherwise) to any sale supported by the First Priority Secured Parties and to have released their Liens on in such assets.

Asset Dispositions in an Insolvency Proceeding. In an Insolvency Proceeding or otherwise, neither Neither the Second Priority Representative nor any other Second Priority Secured Party shall shall, in an Insolvency Proceeding or otherwise, oppose any sale or disposition of any Common Collateral assets of any Loan Party that is supported by the First Priority Secured Parties, and the Second Priority Representative and each other Second Priority Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code (and otherwise) to any sale supported by the First Priority Secured Parties and to have released their Liens on such assets.

Asset Dispositions in an Insolvency Proceeding. In an Insolvency Proceeding or otherwise, neither Neither the Second Priority Representative nor any other Second Priority Secured Party shall shall, in an Insolvency Proceeding or otherwise, oppose any sale or disposition of any Common Collateral assets of any Loan Party that is supported by the First Priority Secured Parties, and the Second Priority Representative and each other Second Priority Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code (or analogous provision under any applicable Debtor Relief Laws of any relevant jurisdiction) and otherwise) otherwise to any sale supported by the First Priority Secured Parties and to have released their Liens on such assets.

Asset Dispositions in an Insolvency Proceeding. In The Second Priority Secured Party shall not, in an Insolvency Proceeding or otherwise, neither the Second Priority Representative nor any other Second Priority Secured Party shall oppose any sale or disposition of any Common Collateral assets of any Credit Party that is supported by the First Priority Secured Parties, and the Second Priority Representative and each other Second Priority Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code (and otherwise) to any sale supported by the First Priority Secured Parties and to have released their Liens on such assets.

Asset Dispositions in an Insolvency Proceeding. In an Insolvency Proceeding or otherwiseProceeding, neither the Second Priority Representative nor any other Second Priority Secured Party shall not oppose any sale or disposition of any Common Collateral assets of the Borrower that is supported by the First Priority Secured Parties, and the Second Priority Representative and each other Second Priority Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code (and otherwise) to any sale supported by the First Priority Secured Parties and to have released their Liens on such assets.

Asset Dispositions in an Insolvency Proceeding. In an Insolvency Proceeding or otherwise, neither Neither the Second Priority Representative nor any other Second Priority Secured Party shall shall, in an Insolvency Proceeding or otherwise, oppose any sale or disposition of any Common Collateral of any Loan Party that is supported by the First Priority Secured PartiesCreditors, and the Second Priority Representative and each other Second Priority Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code (and otherwise) to any sale or other disposition with respect to the Common Collateral supported by the First Priority Secured Parties Creditors and to have released their Liens on such assets.

Asset Dispositions in an Insolvency Proceeding. In an Insolvency Proceeding or otherwise, neither Neither the Second Priority Representative nor any other Second Priority Secured Party shall shall, in an Insolvency Proceeding or otherwise, oppose any sale or disposition of any Common Collateral assets of any Loan Party that is supported by the First Priority Secured Parties, and the Second Priority Representative and each other Second Priority Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code (and otherwise) to any sale supported by the First Priority Secured Parties and to have released their Liens on in such assets.