No Waiver of Lien Priorities. (a) No right of the First-Lien Creditors, the U.S. First-Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-Lien Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of Holdings, the Parent Borrower or any other Grantor or by any act or failure to act by any First-Lien Creditor or the U.S. First-Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-Lien Documents or any of the Second-Lien Loan Documents, regardless of any knowledge thereof which the U.S. First-Lien Collateral Agent or the other First-Lien Creditors, or any of them, may have or be otherwise charged with.
Appears in 3 contracts
Samples: The Credit Agreement (RSC Holdings Inc.), Term Loan Credit Agreement (RSC Holdings Inc.), Intercreditor Agreement (RSC Holdings Inc.)
No Waiver of Lien Priorities. (a) No right of the First-Lien CreditorsSecured Parties, the U.S. First-Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-Lien Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of Holdings, any of the Parent Borrower or any other Grantor or by any act or failure to act by any First-Lien Creditor Secured Party or the U.S. First-Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-Lien Documents or any of the Second-Lien Loan Documents, regardless of any knowledge thereof which the U.S. First-Lien Collateral Agent or the other First-Lien CreditorsSecured Parties, or any of them, may have or be otherwise charged with.
Appears in 3 contracts
Samples: Credit Agreement (GSE Holding, Inc.), Credit Agreement (GSE Holding, Inc.), Intercreditor Agreement (GSE Holding, Inc.)
No Waiver of Lien Priorities. (a) No right of the First-Lien Creditors, the U.S. First-Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-Lien Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of Holdings, the Parent Borrower or any other Grantor or by any act or failure to act by any First-Lien Creditor or the U.S. First-Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-Lien Documents or any of the Second-Lien Loan Note Documents, regardless of any knowledge thereof which the U.S. First-Lien Collateral Agent or the other First-Lien Creditors, or any of them, may have or be otherwise charged with.
Appears in 2 contracts
Samples: Intercreditor Agreement (Appvion, Inc.), Credit Agreement (Paperweight Development Corp)
No Waiver of Lien Priorities. (a) No right of the First-Lien Creditors, the U.S. First-Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-Lien Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of Holdings, the Parent Borrower or any other Grantor or by any act or failure to act by any First-Lien Creditor or the U.S. First-Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-Lien Documents or any of the Second-Lien Loan Credit Documents, regardless of any knowledge thereof which the U.S. First-Lien Collateral Agent or the other First-Lien Creditors, or any of them, may have or be otherwise charged with.
Appears in 2 contracts
Samples: Intercreditor Agreement (Nuveen Investments Holdings, Inc.), Credit Agreement (Nuveen Investments Inc)
No Waiver of Lien Priorities. (a) No right of the First-First Lien CreditorsClaimholders, the U.S. First-First Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-First Lien Loan Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of Holdings, the Parent U.S. Borrower or any other Grantor or by any act or failure to act by any First-First Lien Creditor Claimholder or the U.S. First-First Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-First Lien Loan Documents or any of the Second-Second Lien Loan Documents, regardless of any knowledge thereof which the U.S. First-First Lien Collateral Agent or the other First-First Lien CreditorsClaimholders, or any of them, may have or be otherwise charged with.
Appears in 2 contracts
Samples: Counterpart Agreement (Arizona Chemical Ltd.), Counterpart Agreement (Arizona Chemical Ltd.)
No Waiver of Lien Priorities. (a) (i) No right of the First-Lien Creditors, the U.S. First-Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-Lien Credit Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of Holdings, the Parent Borrower or any other Grantor or by any act or failure to act by any First-Lien Creditor or the U.S. First-Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-Lien Documents or Credit Documents, any of the Second-Lien Loan Note Documents or any of the Third-Lien Credit Documents, regardless of any knowledge thereof which the U.S. First-Lien Collateral Agent or the other First-Lien Creditors, or any of them, may have or be otherwise charged with.
Appears in 1 contract
