No Waiver by Senior Lenders. Nothing contained herein shall prohibit or in any way limit the Administrative Agent or any other Senior Lender from opposing, challenging or objecting to, in any Insolvency Proceeding or otherwise, any action taken, or any claim made, by a Subordinated Debt Party.
Appears in 8 contracts
Samples: Subordination Agreement, Credit Agreement and Extension Agreement, Credit Agreement and Extension Agreement (Midcoast Energy Partners, L.P.)
No Waiver by Senior Lenders. Nothing contained herein shall prohibit or in any way limit the Administrative Agent or any other Senior Lender from opposing, challenging or objecting to, in any Insolvency Proceeding or otherwise, any action taken, or any claim made, by a Subordinated Debt Party.
Appears in 1 contract
Samples: Subordination Agreement (Midcoast Energy Partners, L.P.)