Common use of Consent to Incurrence of Senior Indebtedness Clause in Contracts

Consent to Incurrence of Senior Indebtedness. Notwithstanding any provision of the Subordinated Loan Documents to the contrary, the Subordinated Administrative Agent and each of the Subordinated Lenders consents to the incurrence of the Senior Indebtedness in amounts up to the caps on the principal amount thereof set forth in the definition of Senior Indebtedness.

Appears in 2 contracts

Samples: Intercreditor and Subordination Agreement (Abraxas Energy Partners LP), Intercreditor and Subordination Agreement (Abraxas Petroleum Corp)

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Consent to Incurrence of Senior Indebtedness. Notwithstanding any provision of the Subordinated Loan Documents Obligations to the contrary, the Subordinated Administrative Agent and each of the Subordinated Lenders consents to the incurrence of the Senior Indebtedness in amounts up to the caps on the principal amount thereof set forth in the definition of Senior Indebtedness.

Appears in 2 contracts

Samples: Subordination Agreement, Intercreditor and Subordination Agreement (Parallel Petroleum Corp)

Consent to Incurrence of Senior Indebtedness. Notwithstanding any provision of the Subordinated Loan Documents Obligations to the contrary, the Subordinated Administrative Agent and each of the Subordinated Lenders consents to the incurrence of the Senior Indebtedness in amounts up to the caps on the principal amount thereof set forth in the definition of Senior Indebtedness., subject to the limitation set forth in the Term Note Purchase Agreement. [Signature Pages Begin on the Next Page]

Appears in 1 contract

Samples: Intercreditor and Subordination Agreement (Cadence Resources Corp)

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Consent to Incurrence of Senior Indebtedness. Notwithstanding any provision of the Subordinated Loan Documents Obligations to the contrary, the Subordinated Administrative Agent and each of the Subordinated Lenders consents to the incurrence of the Senior Indebtedness in amounts up to the caps on the principal amount thereof set forth in the definition of Senior Indebtedness.. Section 5.13

Appears in 1 contract

Samples: Intercreditor and Subordination Agreement (Linn Energy, LLC)

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