Finance and Sale Matters. Until the Discharge of First Lien Obligations has occurred, each of the Second Lien Collateral Agent, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral Agent, for itself and on behalf of the other Third Lien Secured Parties, agrees that, in the event of any Insolvency or Liquidation Proceeding, the Second Lien Secured Parties and the Third Lien Secured Parties, as applicable:
Appears in 2 contracts
Samples: Third Lien Subordinated Exchange Note Exchange Agreement (NextWave Wireless Inc.), Second Lien Subordinated Note Purchase Agreement (NextWave Wireless Inc.)
Finance and Sale Matters. Until the Discharge of First Lien Obligations has occurred, each of the Second Lien Collateral Agent, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral Agent, for itself and on behalf of the other Third Lien Secured Parties, agrees that, in the event of any Insolvency or Liquidation Proceeding, the Second Lien Secured Parties and the Third Lien Secured Parties, as applicable:
Appears in 1 contract
Samples: Credit Agreement (Titan Energy, LLC)
Finance and Sale Matters. Until the Discharge of First Lien Obligations has occurred, each of the Second Lien Collateral Agent, for itself and on behalf of the other Second Lien Secured Parties, and the Third Lien Collateral Agent, for itself and on behalf of the other Third Lien Secured Parties, agrees that, in the event of any Insolvency or Liquidation Proceeding, the Second Lien Secured Parties and the Third Lien Secured Parties, as applicable:
Appears in 1 contract
Samples: First Lien Credit Agreement (Hawkeye Holdings, Inc.)
