Notice of Acceptance and Other Waivers. (i) (A) To the fullest extent permitted by applicable law, the Noteholder Collateral Agent, for and on behalf of itself and each Noteholder, waives: (1) notice of acceptance hereof; (2) notice of any loans or other financial accommodations made or extended under the Senior Credit Agreement, or the creation or existence of any Senior Indebtedness; (3) notice of the amount of the Senior Indebtedness; (4) notice of any adverse change in the financial condition of any Obligor or of any other fact that might increase the Noteholder Collateral Agent’s or any Noteholder’s risk hereunder; (5) notice of presentment for payment, demand, protest, and notice thereof as to any instrument among the Senior Loan Documents; (6) notice of any Default or Event of Default under the Senior Loan Documents or otherwise relating to the Senior Indebtedness; and (7) all other notices (except if such notice is specifically required to be given to the Noteholder Collateral Agent and/or the Noteholders under this Agreement) and demands to which the Noteholder Collateral Agent or any Noteholder might otherwise be entitled.
Appears in 2 contracts
Samples: Indenture (Angiotech Pharmaceuticals Inc), Indenture (Angiotech Pharmaceuticals Inc)
Notice of Acceptance and Other Waivers. (i) (A) To the fullest extent permitted by applicable law, the Noteholder Collateral Agent, for and on behalf of itself and each Noteholder, Subordinated Creditor hereby waives: (1i) notice of acceptance hereof; (2ii) notice of any loans or other financial accommodations made or extended under any of the Senior Credit AgreementDebt Documents, or the creation or existence of any Senior IndebtednessDebt; (3iii) notice of the amount of the Senior IndebtednessDebt; (4iv) notice from the Senior Creditors (or any of them) of any adverse change in the financial condition of any Obligor Loan Party or of any other fact that might increase the Noteholder Collateral Agent’s or any Noteholdersuch Subordinated Creditor’s risk hereunder; (5v) notice from the Senior Creditors (or any of them) of presentment for payment, demand, protest, and notice thereof as to any instrument among the Senior Loan Debt Documents; (6vi) notice from the Senior Creditors (or any of them) of any Default default or Event event of Default default under the Senior Loan Debt Documents or otherwise relating to the Senior IndebtednessDebt; and (7vii) all other notices (except if such notice is specifically required to be given to the Noteholder Collateral Agent and/or the Noteholders such Subordinated Creditor under this Agreement) and demands from the Senior Creditors (or any of them) to which the Noteholder Collateral Agent or any Noteholder such Subordinated Creditor might otherwise be entitled.
Appears in 2 contracts
Samples: Subordination Agreement, Subordination Agreement (LIVE VENTURES Inc)
Notice of Acceptance and Other Waivers. (i) (A) To the fullest extent permitted by applicable law, the Noteholder Collateral Agent, for and on behalf of itself and each Noteholder, Subordinated Claimholder hereby waives: (1i) notice of acceptance hereof; (2ii) notice of any loans or other financial accommodations made or extended under any of the Senior Credit AgreementLoan Documents, or the creation or existence of any Senior IndebtednessObligations; (3iii) notice of the amount of the Senior IndebtednessObligations; (4iv) notice of any adverse change in the financial condition of any Obligor or of any other fact that might increase the Noteholder Collateral Agent’s any Subordinated Creditor's or any Noteholder’s other Subordinated Claimholder's risk hereunder; (5v) notice of presentment for payment, demand, protest, and notice thereof as to any instrument among the Senior Loan Documents; (6vi) notice of any Default or Event of Default under the Senior Loan Documents or otherwise relating to the Senior IndebtednessObligations (other than any notice that may be required by the express terms of this Agreement); and (7vii) all other notices (except if such notice is specifically required to be given to the Noteholder Collateral to. Subordinated Agent and/or the Noteholders under this Agreement) and demands to which the Noteholder Collateral Agent any Subordinated Creditor or any Noteholder other Subordinated Claimholder might otherwise be entitled.
Appears in 1 contract
Samples: Intercreditor and Subordination Agreement (Global Telecom & Technology, Inc.)
Notice of Acceptance and Other Waivers. (i) (A) To the fullest extent permitted by applicable law, the Noteholder Collateral Agent, for and on behalf of itself and each Noteholder, Subordinated Creditor hereby waives: (1i) notice of acceptance hereof; (2ii) notice of any loans or other financial accommodations made or extended under any of the Senior Credit AgreementDebt Agreements, or the creation or existence of any Senior IndebtednessDebt; (3iii) notice of the amount of the Senior IndebtednessDebt; (4iv) notice of any adverse change in the financial condition of any Obligor the Company or of any other fact that might increase the Noteholder Collateral Agent’s or any NoteholderSubordinated Creditor’s risk hereunder; (5v) notice of presentment for payment, demand, protest, and notice thereof as to any instrument among the Senior Loan DocumentsDebt Agreements; (6vi) notice of any Default or Event of Default under the Senior Loan Documents Debt Agreements or otherwise relating to the Senior IndebtednessDebt; and (7vii) all other notices (except if such notice is specifically required to be given by the Company to the Noteholder Collateral Agent and/or Subordinated Creditor under the Noteholders under this Settlement Agreement) and demands to which the Noteholder Collateral Agent or any Noteholder Subordinated Creditor might otherwise be entitled.
Appears in 1 contract
Samples: Intercreditor and Subordination Agreement (Airbee Wireless, Inc.)