Common use of Notice of Acceptance and Other Waivers Clause in Contracts

Notice of Acceptance and Other Waivers. (a) All Senior Priority Obligations at any time made or incurred by any Credit Party shall be deemed to have been made or incurred in reliance upon this Agreement, and each Junior Priority Agent, for and on behalf of itself and the Junior Priority Creditors represented thereby, hereby waives notice of acceptance of, or proof of reliance by any Senior Priority Agent or any Senior Priority Creditors on, this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or nonpayment of all or any part of the Senior Priority Obligations.

Appears in 14 contracts

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.), Cash Flow Intercreditor Agreement (Lannett Co Inc), Intercreditor Agreement (Lannett Co Inc)

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Notice of Acceptance and Other Waivers. (a) All Senior Priority Obligations at any time made or incurred by any Credit Party shall be deemed to have been made or incurred in reliance upon this Agreement, and each Junior Priority Agent, for and on behalf of itself and the Junior Priority Creditors represented thereby, hereby waives notice of acceptance of, or proof of reliance by any Senior Priority Agent or any Senior Priority Creditors Secured Party on, this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or nonpayment non-payment of all or any part of the Senior Priority Obligations.

Appears in 11 contracts

Samples: Credit Agreement (Hertz Corp), Credit Agreement (Hertz Global Holdings, Inc), Credit Agreement (Atkore International Group Inc.)

Notice of Acceptance and Other Waivers. (a) All Senior Priority Obligations at any time made or incurred by any Credit Party shall be deemed to have been made or incurred in reliance upon this Agreement, and each Junior Priority Agent, for and on behalf of itself and the Junior Priority Creditors represented thereby, hereby waives notice of acceptance of, or proof of reliance by any Senior Priority Agent or any Senior Priority Creditors on, this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or nonpayment non-payment of all or any part of the Senior Priority Obligations.

Appears in 6 contracts

Samples: Intercreditor Agreement (Covetrus, Inc.), Pledge and Security Agreement (Lannett Co Inc), Assignment and Assumption (Tribune Media Co)

Notice of Acceptance and Other Waivers. (a) All Senior Priority Obligations at any time made or incurred by any Credit Loan Party shall be deemed to have been made or incurred in reliance upon this Agreement, and each Junior Priority Agent, for and on behalf of itself and the Junior Priority Creditors represented thereby, hereby waives notice of acceptance of, or proof of reliance by any Senior Priority Agent or any Senior Priority Creditors on, this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or nonpayment of all or any part of the Senior Priority Obligations.

Appears in 4 contracts

Samples: Aircraft Security Agreement (American Airlines, Inc.), Security Agreement (American Airlines Inc), Credit Agreement (American Airlines Inc)

Notice of Acceptance and Other Waivers. (a) All Senior Priority Obligations at any time made or incurred by any Credit Party shall be deemed to have been made or incurred in reliance upon this Agreement, and each Junior Priority Agent, for and on behalf of itself and the Junior Priority Creditors represented thereby, hereby waives notice of acceptance of, or proof of reliance by any Senior Priority Agent or any Senior Priority Creditors Secured Party on, this Agreement, and except as otherwise provided in this Agreement, notice of the existence, increase, renewal, extension, accrual, creation, or nonpayment non-payment of all or any part of the Senior Priority Obligations.

Appears in 3 contracts

Samples: Intercreditor Agreement (Us LBM Holdings, Inc.), Intercreditor Agreement (Us LBM Holdings, Inc.), Intercreditor Agreement (Us LBM Holdings, Inc.)

Notice of Acceptance and Other Waivers. (a) 1. All Senior Priority Obligations at any time made or incurred by any Credit Loan Party shall be deemed to have been made or incurred in reliance upon this Agreement, and each Junior Priority Agent, for and on behalf of itself and the Junior Priority Creditors represented thereby, hereby waives notice of acceptance of, or proof of reliance by any Senior Priority Agent or any Senior Priority Creditors on, this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or nonpayment of all or any part of the Senior Priority Obligations.

Appears in 1 contract

Samples: Aircraft Security Agreement (American Airlines Inc)

Notice of Acceptance and Other Waivers. (a) All Senior Priority Obligations at any time made or incurred by any Credit Party shall be deemed to have been made or incurred in reliance upon this Agreement, and each Junior Priority Agent, for itself and on behalf of itself and the Junior Priority Creditors represented thereby, hereby waives notice of acceptance of, or proof of reliance by any Senior Priority Agent or any Senior Priority Creditors Secured Party on, this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or nonpayment non-payment of all or any part of the Senior Priority Obligations.

Appears in 1 contract

Samples: Credit Agreement (DoubleVerify Holdings, Inc.)

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Notice of Acceptance and Other Waivers. (a) All Senior Priority Obligations at any time made or incurred by any Credit Party shall be deemed to have been made or incurred in reliance upon this Agreement, and each Junior Priority Agent, for and on behalf of itself and the Junior Priority Creditors represented thereby, hereby waives notice of acceptance of, or proof of reliance by any Senior Priority Agent or any Senior Priority Creditors on, this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or nonpayment of all or any part of the Senior Priority Obligations.. EXHIBIT I

Appears in 1 contract

Samples: Intercreditor Agreement (Lannett Co Inc)

Notice of Acceptance and Other Waivers. (ai) All Senior Priority Obligations at any time made or incurred by any Credit Party shall be deemed to have been made or incurred in reliance upon this Agreement, and each Junior Priority Agent, for and on behalf of itself and the Junior Priority Creditors Secured Parties represented thereby, hereby waives notice of acceptance of, or proof of reliance by any Senior Priority Agent or any Senior Priority Creditors Secured Party on, this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or nonpayment non-payment of all or any part of the Senior Priority Obligations.

Appears in 1 contract

Samples: Credit Agreement (Herc Holdings Inc)

Notice of Acceptance and Other Waivers. (a) All Senior Priority Obligations at any time made or incurred by any Credit Party shall be deemed to have been made or incurred in reliance upon this Agreement, and each Junior Priority Agent, for and on behalf of itself and the Junior Priority Creditors Secured Parties represented thereby, hereby waives notice of acceptance of, or proof of reliance by any Senior Priority Agent or any Senior Priority Creditors Secured Party on, this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or nonpayment non-payment of all or any part of the Senior Priority Obligations.

Appears in 1 contract

Samples: Intercreditor Agreement (Hertz Global Holdings Inc)

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