No Subrogation of Holding Company Creditors Sample Clauses

No Subrogation of Holding Company Creditors. Without the prior consent of the Majority Senior Creditors (if on or before the Senior Discharge Date) and the relevant Senior Secured Notes Trustee(s) (acting on behalf of the Senior Secured Noteholders) (if on or before the Senior Secured Notes Discharge Date), the Holding Company Creditors may not in any circumstances exercise any subrogation rights relating to the rights of the Senior Lenders in respect of the Senior Liabilities or the Senior Secured Bridge/Note Creditors in respect of any Senior Secured Bridge/Notes Liabilities or any Security or guarantee arising under the Senior Secured Finance Documents.
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Related to No Subrogation of Holding Company Creditors

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