New Liens. (a) So long as the Payment in Full of ABL Priority Debt has not occurred, and so long as no Insolvency Proceeding has been commenced by or against any ABL Grantor, the parties hereto agree that no ABL Grantor shall:
Appears in 3 contracts
Samples: Intercreditor Agreement (Kronos Worldwide Inc), Intercreditor Agreement (Kronos Worldwide Inc), Credit Agreement (Kronos Worldwide Inc)
New Liens. (a) So long as the Payment in Full Discharge of ABL Lien Priority Debt Obligations has not occurred, and so long as no Insolvency Proceeding has been commenced by or against any ABL Grantor, the parties hereto agree that no ABL Grantor shall:
Appears in 1 contract
Samples: Intercreditor Agreement
