Common use of Post-Petition Claims Clause in Contracts

Post-Petition Claims. (a) No Second Lien Claimholder may oppose or seek to challenge any claim by a First Lien Claimholder for allowance or payment in any Insolvency Proceeding of First Lien Obligations consisting of Post-Petition Claims. (b) No First Lien Claimholder may oppose or seek to challenge in an Insolvency Proceeding a claim by a Second Lien Claimholder for allowance of Second Lien Obligations consisting of Post-Petition Claims.

Post-Petition Claims. (aA) No Second Lien Claimholder may oppose or seek to challenge any claim by a First Lien Claimholder for allowance or payment in any Insolvency Proceeding of First Lien Obligations consisting of Post-Petition Claims. (bB) No First Lien Claimholder may oppose or seek to challenge in an Insolvency Proceeding a claim by a Second Lien Claimholder for allowance of Second Lien Obligations consisting of Post-Petition Claims.

Post-Petition Claims. (a) No Second Lien Claimholder may oppose or seek to challenge any claim by a the First Lien Claimholder for allowance or payment in any Insolvency Proceeding of First Lien Obligations consisting of Post-Petition Claims. (b) No First Lien Claimholder may oppose or seek to challenge in an Insolvency Proceeding a claim by a Second Lien Claimholder for allowance of Second Lien Obligations consisting of Post-Petition Claims.

Post-Petition Claims. (a) No Prior to the Discharge of the First Lien Obligations, no Second Lien Claimholder may oppose or seek to challenge any claim by a First Lien Claimholder for allowance or payment in any Insolvency Proceeding of First Lien Obligations consisting of Post-Petition ClaimsClaims in respect of the Shared Collateral. (b) No First Lien Claimholder may oppose or seek to challenge in an Insolvency Proceeding a claim by a Second Lien Claimholder for allowance of Second Lien Obligations consisting of Post-Petition Claims.

Post-Petition Claims. (a) No Second Lien Claimholder may shall, directly or indirectly, oppose or seek to challenge any claim by a the First Lien Agent or other First Lien Claimholder for allowance or payment in any an Insolvency Proceeding of First Lien Obligations consisting of Postpost-Petition Claims. (b) No petition interest, fees or expenses to the extent of the value of any First Lien Claimholder may oppose or seek Claimholder’s Lien, without regard to challenge in an Insolvency Proceeding a claim by a the existence of the Lien of the Second Lien Claimholder for allowance of Second Lien Obligations consisting of Post-Petition ClaimsClaimholders on the Collateral.