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Common use of No Waivers of Rights of Senior Secured Parties Clause in Contracts

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Party, including the seeking by any Second Priority Debt Party of adequate protection or the asserting by any Second Priority Debt Party of any of its rights and remedies under the Second Priority Debt Documents or otherwise.

Appears in 47 contracts

Samples: First Lien/Second Lien Intercreditor Agreement (DISH Network CORP), Transaction Support Agreement (Carvana Co.), Indenture Agreement (DISH Network CORP)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Party, including the seeking by any Second Priority Debt Party of adequate protection or the asserting assertion by any Second Priority Debt Party of any of its rights and remedies under the Second Priority Debt Documents or otherwise.

Appears in 32 contracts

Samples: Indenture (Hilton Grand Vacations Inc.), Credit Agreement (Driven Brands Holdings Inc.), Credit Agreement (Mercury Systems Inc)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Junior Priority Debt Party, including the seeking by any Second Junior Priority Debt Party of adequate protection or the asserting assertion by any Second Junior Priority Debt Party of any of its rights and remedies under the Second Junior Priority Debt Documents or otherwise.

Appears in 12 contracts

Samples: Indenture (Diamond Offshore Drilling, Inc.), Credit Agreement (Owens & Minor Inc/Va/), Credit Agreement (Weight Watchers International Inc)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit the Designated Senior Representative, any other Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Junior Secured Party, including the seeking by any Second Priority Debt Junior Secured Party of adequate protection or the asserting by any Second Priority Debt Junior Secured Party of any of its rights and remedies under the Second Priority Junior Debt Documents or otherwise.

Appears in 10 contracts

Samples: Indenture (Amc Entertainment Holdings, Inc.), First Lien/Second Lien Intercreditor Agreement (Amc Entertainment Holdings, Inc.), Credit Agreement (OneStream, Inc.)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Junior Priority Debt Party, including the seeking by any Second Junior Priority Debt Party of adequate protection or the asserting by any Second Junior Priority Debt Party of any of its rights and remedies under the Second Junior Priority Debt Documents or otherwise.

Appears in 9 contracts

Samples: Indenture (Chart Industries Inc), Intercreditor Agreement (Houghton Mifflin Harcourt Co), Credit Agreement (Wyndham Destinations, Inc.)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any the Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Party, including the seeking by any Second Priority Debt Party of adequate protection or the asserting by any Second Priority Debt Party of any of its rights and remedies under the Second Priority Debt Documents or otherwise.

Appears in 6 contracts

Samples: Intercreditor Agreement (Sundance Energy Australia LTD), Credit Agreement (Samson Resources Corp), Second Lien Credit Agreement (Magnum Hunter Resources Corp)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit the Senior Collateral Agent, any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Party, including the seeking by any Second Priority Debt Party of adequate protection or the asserting by any Second Priority Debt Party of any of its rights and remedies under the Second Priority Debt Documents or otherwise.

Appears in 6 contracts

Samples: Credit Agreement (SMART Global Holdings, Inc.), Credit Agreement (SMART Global Holdings, Inc.), Credit Agreement (SMART Global Holdings, Inc.)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Party, including the seeking by any Second Priority Debt Party of adequate protection Adequate Protection or the asserting by any Second Priority Debt Party of any of its rights and remedies under the Second Priority Debt Documents or otherwise.

Appears in 3 contracts

Samples: Credit Agreement (Canada Goose Holdings Inc.), Credit Agreement (Canada Goose Holdings Inc.), Credit Agreement (Canada Goose Holdings Inc.)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any the Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Junior Priority Debt Party, including the seeking by any Second Junior Priority Debt Party of adequate protection or the asserting by any Second Junior Priority Debt Party of any of its rights and remedies under the Second Junior Priority Debt Documents or otherwise.

Appears in 3 contracts

Samples: Credit Agreement (Nabors Industries LTD), Indenture (Liveperson Inc), Credit Agreement (Nabors Industries LTD)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative Agent or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Junior Secured Party, including the seeking by any Second Priority Debt Junior Secured Party of adequate protection or the asserting assertion by any Second Priority Debt Junior Secured Party of any of its rights and remedies under the Second Priority Debt applicable Junior Documents or otherwise.

Appears in 3 contracts

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

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Junior Debt Party, including the seeking by any Second Priority Junior Debt Party of adequate protection or the asserting by any Second Priority Junior Debt Party of any of its rights and remedies under the Second Priority Junior Debt Documents or otherwise.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Focus Financial Partners Inc.), Second Lien Credit Agreement (Focus Financial Partners Inc.)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Junior Priority Debt PartyParty with respect to any Shared Collateral on which such Junior Priority Debt Party holds a Junior Priority Lien, including the seeking by any Second Junior Priority Debt Party of adequate protection or the asserting assertion by any Second Junior Priority Debt Party of any of its rights and remedies under the Second Junior Priority Debt Documents or otherwise.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Avaya Holdings Corp.), Abl Credit Agreement (Avaya Holdings Corp.)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative Agent or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Junior Secured Party, including the seeking by any Second Priority Debt Junior Secured Party of adequate protection or the asserting assertion by any Second Priority Debt Junior Secured Party of any of its rights and remedies under the Second Priority applicable Junior Debt Documents or otherwise.

Appears in 2 contracts

Samples: Credit Agreement (Avaya Inc), Credit Agreement (Avaya Inc)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative the First Lien Collateral Agent or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Junior Priority Debt Party, including the seeking by any Second Junior Priority Debt Party of adequate protection or the asserting assertion by any Second Junior Priority Debt Party of any of its rights and remedies under the Second Junior Priority Debt Documents or otherwise.

Appears in 2 contracts

Samples: First Lien/Second Lien Intercreditor Agreement (Ultra Petroleum Corp), Exchange Agreement (Ultra Petroleum Corp)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, shall prohibit or in any way limit the Senior Collateral Agent, any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt PartySecured Party inconsistent with the terms of this Agreement, including the seeking by any Second Priority Debt Secured Party of adequate protection or the asserting assertion by any Second Priority Debt Secured Party of any of its rights and remedies under the Second Priority Debt Documents or otherwise.

Appears in 2 contracts

Samples: Amendment No. 2 (Energy Future Intermediate Holding CO LLC), Second Lien Intercreditor Agreement (Energy Future Intermediate Holding CO LLC)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any the Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Junior Debt Party, including the seeking by any Second Priority Junior Debt Party of adequate protection or the asserting by any Second Priority Junior Debt Party of any of its rights and remedies under the Second Priority Junior Debt Documents or otherwise.

Appears in 1 contract

Samples: Intercreditor Agreement (EnVen Energy Corp)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit the Designated Senior Representative, any other Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Junior Priority Debt Party, including the seeking by any Second Junior Priority Debt Party of adequate protection or the asserting by any Second Junior Priority Debt Party of any of its rights and remedies under the Second Junior Priority Debt Documents or otherwise.

Appears in 1 contract

Samples: Indenture (MARRIOTT VACATIONS WORLDWIDE Corp)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any the Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Junior Lien Secured Party, including the seeking by any Second Priority Debt Junior Lien Secured Party of adequate protection or the asserting assertion by any Second Priority Debt Junior Lien Secured Party of any of its rights and remedies under any of the Second Priority Junior Lien Debt Documents or otherwise.

Appears in 1 contract

Samples: Intercreditor Agreement

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Partythe Subordinated Creditor, including the seeking by any Second Priority Debt Party of adequate protection or the asserting by any Second Priority Debt Party the Subordinated Creditor of any of its rights and remedies under the Second Priority Subordinated Debt Documents or otherwise.

Appears in 1 contract

Samples: Credit Agreement (SemGroup Corp)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, shall prohibit or in any way limit any the Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt PartyJunior Secured Party not expressly permitted hereunder, including the seeking by any Second Priority Debt Junior Secured Party of adequate protection or the asserting by any Second Priority Debt Party of any of its rights and remedies under the Second Priority Debt Documents or otherwise(except as provided in Section 5.4).

Appears in 1 contract

Samples: Intercreditor Agreement

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Party, including the seeking by any Second Priority Debt Party of adequate protection or the asserting assertion by any Second Priority Debt Party of any of its rights and remedies under the Second Priority Debt Documents or otherwise. 6.7.

Appears in 1 contract

Samples: Credit Agreement (Activision Blizzard, Inc.)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt PartyParty in respect of Second Priority Collateral, including the seeking by any Second Priority Debt Party of adequate protection or the asserting assertion by any Second Priority Debt Party of any of its rights and remedies under the Second Priority Debt Documents or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Interline Brands, Inc./De)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any the Senior Representative or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Junior Secured Party, including the seeking by any Second Priority Debt Junior Secured Party of adequate protection or the asserting assertion by any Second Priority Debt Junior Secured Party of any of its rights and remedies under the Second Priority Junior Debt Documents or otherwise.

Appears in 1 contract

Samples: Intercreditor Agreement (Abraxas Petroleum Corp)

No Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative Agent or any other Senior Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Secured Party, including the seeking by any Second Priority Debt Secured Party of adequate protection or the asserting assertion by any Second Priority Debt Secured Party of any of its rights and remedies under the Second Priority Debt Documents or otherwise.

Appears in 1 contract

Samples: Intercreditor Agreement (Ch2m Hill Companies LTD)