Post-Petition Interest. (a) None of any Second Lien Representative, any Second Lien Collateral Agent or any other Second Lien Claimholder shall oppose or seek to challenge any claim by any First Lien Representative, any First Lien Collateral Agent or any other First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the First Lien Collateral Agents on behalf of the First Lien Claimholders on the Collateral or any other First Lien Claimholder’s Lien on the Collateral, without regard to the existence of the Liens of the Second Lien Collateral Agents or the other Second Lien Claimholders on the Collateral. (b) None of any First Lien Representative, First Lien Collateral Agent or any other First Lien Claimholder shall oppose or seek to challenge any claim by any Second Lien Representative, Second Lien Collateral Agent or any other Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the Second Lien Collateral Agents, on behalf of the Second Lien Claimholders, on the Collateral (after taking into account the amount of the First Lien Obligations).
Appears in 5 contracts
Samples: Intercreditor Agreement (Summit Midstream Partners, LP), Credit Agreement (ESH Hospitality, Inc.), Second Lien Intercreditor Agreement
Post-Petition Interest. (a) None of any Second Junior Lien Representative, any Second Junior Lien Collateral Agent or any other Second Junior Lien Claimholder shall oppose or seek to challenge any claim by any First Senior Lien Representative, any First Senior Lien Collateral Agent or any other First Senior Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Senior Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the First Senior Lien Collateral Agents on behalf of the First Senior Lien Claimholders on the Collateral or any other First Senior Lien Claimholder’s Lien on the Collateral, without regard to the existence of the Liens of the Second Junior Lien Collateral Agents or the other Second Junior Lien Claimholders on the Collateral.
(b) None of any First Senior Lien Representative, First Senior Lien Collateral Agent or any other First Senior Lien Claimholder shall oppose or seek to challenge any claim by any Second Junior Lien Representative, Second Junior Lien Collateral Agent or any other Second Junior Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Junior Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the Second Junior Lien Collateral Agents, on behalf of the Second Junior Lien Claimholders, on the Collateral (after taking into account the amount of the First Senior Lien Obligations).
Appears in 3 contracts
Samples: Supplemental Indenture (Centrus Energy Corp), Indenture Agreement (Centrus Energy Corp), Indenture Agreement (United States Enrichment Corp)
Post-Petition Interest. (a) None of any Second Lien Representative, any Second Lien Collateral Agent or any other Second Lien Claimholder Secured Party shall oppose or seek to challenge any claim by any First Lien Representative, any First Lien Collateral Agent or any other First Lien Claimholder Secured Party for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the First Lien Collateral Agents on behalf of the First Lien Claimholders Secured Parties on the Collateral or any other First Lien ClaimholderSecured Party’s Lien on the CollateralLien, without regard to the existence of the Liens of the Second Lien Collateral Agents or on behalf of the other Second Lien Claimholders Secured Parties on the Collateral.
(b) None of any First Lien Representative, First Lien Collateral Agent or any other First Lien Claimholder Secured Party shall oppose or seek to challenge any claim by any Second Lien Representative, Second Lien Collateral Agent or any other Second Lien Claimholder Secured Party for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the Second Lien Collateral Agents, Agents on behalf of the Second Lien Claimholders, Secured Parties on the Collateral (after taking into account the amount of the all First Lien ObligationsObligations (including as described in Section 6.9)).
Appears in 3 contracts
Samples: Fourth Amendment (Neiman Marcus Group LTD LLC), Term Loan Credit Agreement (Amneal Pharmaceuticals, Inc.), Revolving Credit Agreement (Amneal Pharmaceuticals, Inc.)
Post-Petition Interest. (a) None of any the Second Lien Representative, any the Second Lien Collateral Agent or any other Second Lien Claimholder Secured Party shall oppose or seek to challenge any claim by any First Lien Representative, any First Lien Collateral Agent or any other First Lien Claimholder Secured Party for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the First Lien Collateral Agents on behalf of the First Lien Claimholders Secured Parties on the Collateral or any other First Lien ClaimholderSecured Party’s Lien on the CollateralLien, without regard to the existence of the Liens of the Second Lien Collateral Agents or Agent on behalf of the other Second Lien Claimholders Secured Parties on the Collateral.
(b) None of any First Lien Representative, First Lien Collateral Agent or any other First Lien Claimholder Secured Party shall oppose or seek to challenge any claim by any the Second Lien Representative, Second Lien Collateral Agent or any other Second Lien Claimholder Secured Party for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the Second Lien Collateral Agents, Agent on behalf of the Second Lien Claimholders, Secured Parties on the Collateral (after taking into account the amount value of the First Lien Obligations).
Appears in 2 contracts
Samples: Intercreditor Agreement (Ion Geophysical Corp), Second Lien Intercreditor Agreement (Ion Geophysical Corp)
Post-Petition Interest. (a) None of any Second Lien Representative, any Neither the Second Lien Collateral Agent or nor any other Second Lien Claimholder shall oppose or seek to challenge any claim by any First Lien Representative, any the First Lien Collateral Agent or any other First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest to petition interest, fees or expenses. Regardless of whether any such claim is allowed, and without limiting the extent generality of the value other provisions of this Agreement, this Agreement expressly is intended to include and does include the Lien “rule of the First Lien Collateral Agents on behalf of explicitness” in that this Agreement expressly entitles the First Lien Claimholders on to receive payment from the Collateral of any post-petition interest, fees or expenses through distributions made pursuant to the provisions of this Agreement even though such interest, fees, expenses are not allowed or allowable against the bankruptcy estate of the Company or any other First Lien Claimholder’s Lien on the Collateral, without regard to the existence Grantor under Section 502(b)(2) or Section 506(b) of the Liens Bankruptcy Code or under any other provision of the Second Lien Collateral Agents Bankruptcy Code or the any other Second Lien Claimholders on the CollateralBankruptcy Law.
(b) None of any First Lien Representative, Neither the First Lien Collateral Agent or nor any other First Lien Claimholder shall oppose or seek to challenge any claim by any Second Lien Representative, the Second Lien Collateral Agent or any other Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien of the Second Lien Collateral Agents, Agent on behalf of the Second Lien Claimholders, Claimholders on the Collateral (after taking into account the amount Lien on the First Lien Collateral in favor of the First Lien ObligationsCollateral Agent for the benefit of the First Lien Claimholders).
Appears in 2 contracts
Samples: Intercreditor Agreement (Modtech Holdings Inc), Intercreditor Agreement (Modtech Holdings Inc)
Post-Petition Interest. (a) None of any Neither the Second Lien Representative, Agent nor any Second Lien Collateral Agent or any other Second Lien Claimholder shall oppose or seek to challenge any claim by any the First Lien Representative, any First Lien Collateral Agent or any other First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien valid and perfected Liens of the First Lien Collateral Agents Agent on behalf of the First Lien Claimholders on securing the Collateral or any other First Lien Claimholder’s Obligations (to the extent the First Lien on Claimholders are entitled to such interest, fees, and expenses pursuant to the CollateralFirst Lien Documents), without regard to the existence of the Liens Lien of the Second Lien Collateral Agents or Agent on behalf of the other Second Lien Claimholders on the Common Collateral.
(b) None of any Neither the First Lien Representative, First Lien Collateral Agent or nor any other First Lien Claimholder shall oppose or seek to challenge any claim by any the Second Lien Representative, Second Lien Collateral Agent or any other Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien valid and perfected Liens of the Second Lien Collateral Agents, Agent on behalf of the Second Lien ClaimholdersClaimholders securing the Second Lien Obligations (to the extent the Second Lien Claimholders are entitled to such interest, on fees, and expenses pursuant to the Collateral (Second Lien Documents) after taking into account the amount of the First Lien Obligations)Obligations secured by a Lien on the Common Collateral.
Appears in 2 contracts
Samples: Intercreditor Agreement (National Coal Corp), Intercreditor Agreement (National Coal Corp)
Post-Petition Interest. (a) None of any Second Junior Lien Representative, any Second Junior Lien Collateral Agent or any other Second Junior Lien Claimholder shall oppose or seek to challenge any claim by any First Parity Lien Representative, any First Parity Lien Collateral Agent or any other First Parity Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Parity Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the First Parity Lien Collateral Agents on behalf of the First Parity Lien Claimholders on the Collateral or any other First Parity Lien Claimholder’s Lien on the Collateral, without regard to the existence of the Liens of the Second Junior Lien Collateral Agents or the other Second Junior Lien Claimholders on the Collateral.
(b) None of any First Parity Lien Representative, First Parity Lien Collateral Agent or any other First Parity Lien Claimholder shall oppose or seek to challenge any claim by any Second Junior Lien Representative, Second Junior Lien Collateral Agent or any other Second Junior Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Junior Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the Second Junior Lien Collateral Agents, on behalf of the Second Junior Lien Claimholders, on the Collateral (after taking into account the amount of the First Parity Lien Obligations).
Appears in 1 contract
Samples: Indenture (Urban One, Inc.)