Continuing Nature of this Agreement. This Agreement shall continue to be effective until the Discharge of Lender Claims shall have occurred. This is a continuing agreement of lien priority. The Trustee, on behalf of itself and the Noteholders, hereby waives any right it may have under applicable law to revoke this Agreement or any of the provisions of this Agreement. The terms of this Agreement shall survive, and shall continue in full force and effect, in any Insolvency or Liquidation Proceeding.
Appears in 3 contracts
Samples: Intercreditor Agreement (Advanstar Communications Inc), Intercreditor Agreement (Mens Apparel Guild in California Inc), Intercreditor Agreement (Mueller Group, Inc.)
Continuing Nature of this Agreement. This Agreement shall continue to be effective until the Discharge of Lender First Priority Claims shall have occurred. This is a continuing agreement of lien priority. The Trustee, on behalf of itself and the Noteholders, hereby waives any right it may have under applicable law to revoke this Agreement or any of the provisions of this Agreement. The terms of this Agreement shall survive, and shall continue in full force and effect, in any Insolvency or Liquidation Proceedinghereof.
Appears in 1 contract
Samples: Intercreditor Agreement (Integrated Alarm Services Group Inc)
Continuing Nature of this Agreement. This Agreement shall continue to be effective until the Discharge of Lender Claims shall have occurred. This is a continuing agreement of lien priority. The Trustee, on behalf of itself and the Noteholders, and the holders of all future Second Priority Claims, either directly or through their representative(s), hereby waives waive any right it they may have under applicable law to revoke this Agreement or any of the provisions of this Agreement. The terms of this Agreement shall survive, and shall continue in full force and effect, in any Insolvency or Liquidation Proceeding.
Appears in 1 contract
Samples: Intercreditor Agreement (Worldspan Ijet Holdings LLC)