Common use of No acquisition of Subordinated Liabilities Clause in Contracts

No acquisition of Subordinated Liabilities. Prior to the Final Discharge Date, the Debtors shall not, and shall procure that no other member of the Group will: (a) enter into any Liabilities Acquisition; or (b) beneficially own all or any part of the share capital of a company that is party to a Liabilities Acquisition, in respect of any of the Subordinated Liabilities, unless the prior consent of the Majority Super Senior Creditors and the Required Pari Passu Creditors is obtained.

Appears in 6 contracts

Samples: Amendment and Restatement Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD), Intercreditor Agreement (Tidewater Inc)

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No acquisition of Subordinated Liabilities. Prior to the Final Discharge Date, the Debtors shall not, and shall procure that no other member of the Group will: (a) enter into any Liabilities Acquisition; or (b) beneficially own all or any part of the share capital of a company that is party to a Liabilities Acquisition, in respect of any of the Subordinated Liabilities, unless the prior consent of the Majority Super Senior Creditors and the Required Pari Passu Creditors is obtained.

Appears in 2 contracts

Samples: Intercreditor Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.)

No acquisition of Subordinated Liabilities. Prior to the Final Discharge Date, the Debtors shall not, and shall procure that no other member of the Group will: (a) enter into any Liabilities Acquisition; or (b) beneficially own all or any part of the share capital of a company that is party to a Liabilities Acquisition, in respect of any of the Subordinated Liabilities, unless the prior consent of the Majority Required Super Senior Creditors and the Required Pari Passu Senior Secured Creditors is obtained.

Appears in 1 contract

Samples: Intercreditor Agreement (Ferroglobe PLC)

No acquisition of Subordinated Liabilities. Prior to the Final Discharge Date, the Debtors shall not, and shall procure that no other member of the Group will: (a) enter into any Liabilities Acquisition; or (b) beneficially own all or any part of the share capital of a company that is party to a Liabilities Acquisition, in respect of any of the Subordinated Liabilities, unless the prior consent of the Majority Super Senior Creditors and the Required Pari Passu Creditors is obtained.

Appears in 1 contract

Samples: Intercreditor Agreement

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No acquisition of Subordinated Liabilities. Prior to the Final Discharge Date, the Debtors shall not, and shall procure that no other member of the Group will: (a) enter into any Liabilities Acquisition; or (b) beneficially own all or any part of the share capital of a company that is party to a Liabilities Acquisition, in respect of any of the Subordinated Liabilities, unless the prior consent of the Majority Super Senior Creditors and the Required Pari Passu Creditors is obtained.

Appears in 1 contract

Samples: Intercreditor Agreement

No acquisition of Subordinated Liabilities. Prior to the Final Discharge Date, the Group Debtors shall not, and shall procure that no other member of the Group will: (a) enter into any Liabilities Acquisition; or (b) beneficially own all or any part of the share capital of a company that is party to a Liabilities Acquisition, in respect of any of the Subordinated Liabilities, unless the prior consent of the Majority Super Senior Creditors and the Required Pari Passu Creditors is obtained.

Appears in 1 contract

Samples: Intercreditor Agreement (Oatly Group AB)

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