Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 (Restriction on Payment: Subordinated Liabilities) and 10.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.
Appears in 5 contracts
Samples: Intercreditor Agreement (Melco Resorts & Entertainment LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)
Payment obligations continue. (a) Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document (including, without limitation, any Senior Parent Debt Proceeds Loan Agreement) by the operation of Clauses 10.1 7.1 (Restriction on Payment: Subordinated Investor Liabilities) and 10.2 7.2 (Permitted Payments: Subordinated Investor Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.
Appears in 3 contracts
Samples: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD)
Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 7.1 (Restriction on Payment: Subordinated Investor Liabilities) and 10.2 7.2 (Permitted Payments: Subordinated Investor Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.
Appears in 2 contracts
Samples: Intercreditor Agreement, Project Albion Intercreditor Agreement
Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 6.1 (Restriction on Payment: Identity of Subordinated LiabilitiesCreditors) and 10.2 6.3 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.
Appears in 1 contract
Samples: www.thesisam.com
Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 9.1 (Restriction on Payment: Subordinated Liabilities) and 10.2 9.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.
Appears in 1 contract
Samples: Agreement
Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 (Restriction on Payment: Subordinated Shareholder Liabilities) and 10.2 (Permitted Payments: Subordinated Shareholder Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.
Appears in 1 contract
Samples: Intercreditor Agreement
Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 7.1 (Restriction on Payment: Subordinated Liabilities) and 10.2 7.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.
Appears in 1 contract
Samples: Intercreditor Agreement
Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 7.1 (Restriction on Payment: Subordinated Liabilities) and 10.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.
Appears in 1 contract
Samples: Intercreditor Agreement
Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 8.1 (Restriction on Payment: Subordinated Liabilities) and 10.2 8.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.
Appears in 1 contract
Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 6.1 (Restriction on Payment: Subordinated Liabilities) and 10.2 6.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clausesclauses.
Appears in 1 contract
Samples: dwfgroup.com