Effectiveness in Insolvency Proceedings. This Agreement shall be effective both before and after the commencement of an Insolvency Proceeding. All references in this Agreement to any Loan Party shall include such Loan Party as a debtor-in-possession and any receiver or trustee for such Loan Party in any Insolvency Proceeding.
Appears in 5 contracts
Samples: Intercreditor and Subordination Agreement (Teton Energy Corp), Intercreditor and Subordination Agreement (Teton Energy Corp), Intercreditor Agreement (Vision-Ease Lens, Inc.)
Effectiveness in Insolvency Proceedings. This Agreement Agreement, which the parties hereto expressly acknowledge is a “subordination agreement” under section 510(a) of the Bankruptcy Code, shall be effective both before before, during and after the commencement of an Insolvency Proceeding. All references in this Agreement to any Loan Party shall include such Loan Party as a debtor-in-possession and any receiver or trustee for such Loan Party in any Insolvency Proceeding.
Appears in 5 contracts
Samples: Second Lien Intercreditor Agreement, Intercreditor Agreement (Black Elk Energy Finance Corp.), Intercreditor Agreement (Black Elk Energy Finance Corp.)
Effectiveness in Insolvency Proceedings. This Agreement Agreement, which the parties hereto expressly acknowledge is a “subordination agreement” under section 510(a) of the Bankruptcy Code, shall be effective both before before, during and after the commencement of an Insolvency Proceeding. All references in this Agreement to any Loan Party shall include such Loan Party as a debtor-in-possession and any receiver or trustee for such Loan Party in any Insolvency Proceeding.
Appears in 2 contracts
Samples: Credit Agreement (Moneygram International Inc), Note Purchase Agreement (Moneygram International Inc)
Effectiveness in Insolvency Proceedings. This Agreement Agreement, which the parties hereto expressly acknowledge is a “subordination agreement” under Section 510(a) of the Bankruptcy Code, shall be effective both before before, during and after the commencement of an Insolvency Proceeding. All references in this Agreement to any Loan Party shall include such Loan Party as a debtor-in-possession and any receiver or trustee for such Loan Party in any Insolvency Proceeding.
Appears in 2 contracts
Samples: Credit Agreement (Moneygram International Inc), Intercreditor Agreement (Moneygram International Inc)
Effectiveness in Insolvency Proceedings. This Agreement shall be effective both before and after the commencement of an Insolvency Proceeding. All references in this Agreement to any Loan Credit Party shall include such Loan Credit Party as a debtor-in-possession and any receiver or trustee for such Loan Credit Party in any Insolvency Proceeding.
Appears in 1 contract
Samples: Inter Creditor Agreement
Effectiveness in Insolvency Proceedings. This Agreement shall be effective both before and after the commencement of an Insolvency Proceeding. All references in this Agreement to any Loan Party of the Credit Parties shall include such Loan Credit Party as a debtor-in-possession and any receiver or trustee for such Loan Party in any Insolvency Proceeding.
Appears in 1 contract
Samples: Intercreditor Agreement (Dobson Communications Corp)
