Common use of Certain Actions Permitted Clause in Contracts

Certain Actions Permitted. The Shared Collateral Agents and the ABL Agent may make such demands or file such claims in respect of the Shared Collateral Obligations or the ABL Obligations, as applicable, as are necessary to prevent the waiver or bar of such claims under applicable statutes of limitations or other statutes, court orders, or rules of procedure at any time. Except as provided in Section 5.2, nothing in this Agreement shall prohibit the receipt by the Shared Collateral Agents or any Shared Collateral Secured Party of the required payments of interest, principal and other amounts owed in respect of the Shared Collateral Obligations so long as such receipt is not the direct or indirect result of the exercise by the Shared Collateral Agents or any Shared Collateral Secured Party of rights or remedies as a secured creditor (including set-off with respect to the ABL Collateral) or enforcement, in each case with respect to ABL Collateral, in contravention of this Agreement of any Lien held by any of them.

Certain Actions Permitted. The Shared Collateral Agents and the ABL Agent may make such demands or file such claims in respect of the Shared Collateral Obligations or the ABL Obligations, as applicable, as are necessary to prevent the waiver or bar of such claims under applicable statutes of limitations or other statutes, court orders, or rules of procedure at any time. Except as provided in Section 5.2, nothing in this Agreement shall prohibit the receipt by the Shared Collateral Agents or any Shared Collateral Secured Party of the required payments of interest, principal and other amounts owed in respect of the Shared Collateral Obligations so long as such receipt is not the direct or indirect result of the exercise by the Shared Collateral Agents or any Shared Collateral Secured Party of rights or remedies as a secured creditor (including set-off with respect to the ABL Collateral) or enforcement, in each case with respect to ABL Collateral, enforcement in contravention of this Agreement of any Lien held by any of them.

Certain Actions Permitted. The Shared Subordinated Lien Collateral Agents and the ABL Collateral Agent may make such demands or file such claims in respect of the Shared Collateral Subordinated Lien Obligations or the ABL Obligations, as applicable, as are necessary to prevent the waiver or bar of such claims under applicable statutes of limitations or other statutes, court orders, or rules of procedure at any time. Except as provided in Section 5.2, nothing in this Agreement shall prohibit the receipt by the Shared any Subordinated Lien Collateral Agents Agent or any Shared Collateral Subordinated Lien Secured Party of the required payments of interest, principal and other amounts owed in respect of the Shared Collateral applicable Subordinated Lien Obligations so long as such receipt is not the direct or indirect result of the exercise by the Shared applicable Subordinated Lien Collateral Agents Agent or any Shared Collateral Subordinated Lien Secured Party of rights or remedies as a secured creditor (including set-off with respect to the ABL Receivables Collateral) or enforcement, in each case with respect to ABL Collateral, enforcement in contravention of this Agreement of any Lien held by any of them.