General Exception. Notwithstanding anything in this Agreement to the contrary, this Section 8 shall not apply to the grant of any lien or encumbrance on any right, title, or interest in a Company Claim in favor of a bank or broker-dealer holding custody of any such right, title, or interest in the Company Claim in the ordinary course of business that is released upon the Transfer of any such right, title, or interest.
Appears in 2 contracts
Samples: Restructuring Support Agreement (California Resources Corp), Restructuring Support Agreement (California Resources Corp)
General Exception. Notwithstanding anything in this Agreement to the contrary, this Section 8 7 shall not apply to the grant of any lien or encumbrance on any right, title, or interest in a Company Claim Claim/Interest in favor of a bank or broker-dealer holding custody of any such right, title, or interest in the Company Claim Claim/Interest in the ordinary course of business that is released upon the Transfer of any such right, title, or interestinterest in a Company Claim/Interest.
Appears in 1 contract
Samples: Restructuring Support Agreement (Chaparral Energy, Inc.)
General Exception. Notwithstanding anything in this Agreement to the contrary, this Section 8 Section 7 shall not apply to the grant of any lien or encumbrance on any right, title, or interest in a any Company Claim Claims in favor of a bank or bank, broker-dealer or other custodial institution holding custody of any such right, title, or interest in the Company Claim Claims in the ordinary course of business that is released upon the Transfer of any such right, title, or interestinterest in a Company Claim.
Appears in 1 contract
Samples: Restructuring Support Agreement (Spirit Airlines, Inc.)
