Common use of No Additional Rights For the Credit Parties Hereunder Clause in Contracts

No Additional Rights For the Credit Parties Hereunder. Except as provided in Section 3.6, if any ABL Secured Party, Term Loan Secured Party or Additional Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party, Term Loan Secured Party or Additional Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Secured Party, Term Loan Secured Party or Additional Secured Party.

Appears in 7 contracts

Samples: Intercreditor Agreement (Atkore Inc.), Intercreditor Agreement (Nci Building Systems Inc), Abl Credit Agreement (Tribune Publishing Co)

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No Additional Rights For the Credit Parties Hereunder. Except as provided in Section 3.6, if any ABL Secured Party, Term Loan Noteholder Secured Party or Additional Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party, Term Loan Noteholder Secured Party or Additional Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Secured Party, Term Loan Noteholder Secured Party or Additional Secured Party.

Appears in 4 contracts

Samples: Intercreditor Agreement (Atkore International Group Inc.), Credit Agreement (Atkore International Group Inc.), Intercreditor Agreement (Unistrut International Holdings, LLC)

No Additional Rights For the Credit Parties Hereunder. Except as provided in Section 3.6, if any ABL Secured Party, Term Loan Secured Party or Additional Cash Flow Collateral Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party, Term Loan Secured Party or Additional Cash Flow Collateral Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Secured Party, Term Loan Secured Party or Additional Cash Flow Collateral Secured Party.

Appears in 3 contracts

Samples: Intercreditor Agreement (Hd Supply, Inc.), Credit Agreement (Hd Supply, Inc.), Abl Credit Agreement (Hd Supply, Inc.)

No Additional Rights For the Credit Parties Hereunder. Except as provided in Section 3.6, if any ABL Secured Party, Term Loan [Cash Flow] Secured Party or Additional Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party, Term Loan [Cash Flow] Secured Party or Additional Secured Party, nor to assert such violation as a counterclaim or basis for set set-off or recoupment against any ABL Secured Party, Term Loan [Cash Flow] Secured Party or Additional Secured Party.

Appears in 3 contracts

Samples: Abl Credit Agreement (Veritiv Corp), Abl Credit Agreement (Veritiv Corp), Abl Credit Agreement (Veritiv Corp)

No Additional Rights For the Credit Parties Hereunder. Except as provided in Section 3.6, if any ABL Secured Party, Term Loan Secured Party or Additional Term Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party, Term Loan Secured Party or Additional Term Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Secured Party, Term Loan Secured Party or Additional Term Secured Party.. 24 Form of J. Crew Intercreditor Agreement

Appears in 2 contracts

Samples: Credit Agreement (Chinos Holdings, Inc.), Credit Agreement (J Crew Group Inc)

No Additional Rights For the Credit Parties Hereunder. Except as provided in Section 3.63.6 hereof, if any ABL Secured Party, Term Loan Secured Party or Additional Junior Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party, Term Loan Secured Party or Additional Junior Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Secured Party, Term Loan Secured Party or Additional Junior Secured Party.

Appears in 2 contracts

Samples: Credit Agreement (Norcraft Companies, Inc.), Intercreditor Agreement (Norcraft Companies Lp)

No Additional Rights For the Credit Parties Hereunder. Except as provided in Section 3.6, if If any ABL Secured Party, Term Loan Secured Party or Additional Term Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit Parties shall not be entitled to use such violation as a defense defence to any action by any ABL Secured Party, Term Loan Secured Party or Additional Term Secured Party, nor or to assert such violation as a counterclaim or basis for set set-off or recoupment against any ABL Secured Party, Term Loan Secured Party or Additional Term Secured Party.

Appears in 1 contract

Samples: Intercreditor Agreement (Postmedia Network Canada Corp.)

No Additional Rights For the Credit Parties Hereunder. Except as provided in Section 3.6, if If any ABL Secured Party, Term Loan Secured Party or Additional Term Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party, Term Loan Secured Party or Additional Term Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Secured Party, Term Loan Secured Party or Additional Term Secured Party.

Appears in 1 contract

Samples: Intercreditor Agreement (Warnaco Group Inc /De/)

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No Additional Rights For the Credit Parties Hereunder. Except as provided in Section 3.6, if any ABL Secured Party, Term Loan Secured Party or Additional Term Loan/Notes Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party, Term Loan Secured Party or Additional Term Loan/Notes Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Secured Party, Term Loan Secured Party or Additional Term Loan/Notes Secured Party.

Appears in 1 contract

Samples: Intercreditor Agreement (Burlington Stores, Inc.)

No Additional Rights For the Credit Parties Hereunder. Except as provided in Section 3.6, if any ABL Secured Party, Term Loan Secured Party or Additional Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party, Term Loan Secured Party or Additional Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Secured Party, Term Loan Secured Party or Additional Secured Party.

Appears in 1 contract

Samples: Intercreditor Agreement (New Sally Holdings, Inc.)

No Additional Rights For the Credit Parties Hereunder. Except as provided in Section 3.63.6 hereof, if any ABL Secured Party, Term Loan Secured Party or Additional Junior Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party, Term Loan Secured Party or Additional Junior Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Secured Party, Term Loan Secured Party or Additional Junior Secured Party.. 39168701_7

Appears in 1 contract

Samples: Credit Agreement (Norcraft Companies, Inc.)

No Additional Rights For the Credit Parties Hereunder. Except as provided in Section 3.6, if any ABL Secured Party, Term Loan Secured Party or Additional Term Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party, Term Loan Secured Party or Additional Term Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Secured Party, Term Loan Secured Party or Additional Term Secured Party.. 24 Form of J. Crew ABL Intercreditor Agreement

Appears in 1 contract

Samples: Credit Agreement (J Crew Group Inc)

No Additional Rights For the Credit Parties Hereunder. Except as provided in Section 3.6, if any ABL Secured Party, [Term Loan Loan] Secured Party or Additional [Term] Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party, [Term Loan Loan] Secured Party or Additional [Term] Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Secured Party, [Term Loan Loan] Secured Party or Additional [Term] Secured Party.

Appears in 1 contract

Samples: Abl Credit Agreement (Uci Holdings LTD)

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