Common use of Priority Confirmation Clause in Contracts

Priority Confirmation. The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the Series of Second Lien Debt that constitutes an Additional Second Lien Debt Facility for which the undersigned is acting as Second Lien Representative hereby agrees, for the benefit of all Secured Parties and each future Secured Debt Representative, and as a condition to being treated as Secured Obligations under the Intercreditor Agreement, that:

Appears in 4 contracts

Samples: Intercreditor Agreement (Denbury Resources Inc), Intercreditor Agreement (Denbury Resources Inc), Intercreditor Agreement (Denbury Resources Inc)

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Priority Confirmation. The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the Series of Second Lien Debt that constitutes an Additional a Second Lien Debt Substitute Facility for which the undersigned is acting as Second Lien Representative Collateral Trustee hereby agrees, for the benefit of all Secured Parties and each future Secured Debt Representative, and as a condition to being treated as Secured Obligations Debt under the Intercreditor Agreement, that:

Appears in 1 contract

Samples: Intercreditor Agreement (W&t Offshore Inc)

Priority Confirmation. The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the Series of Second Third Lien Debt that constitutes an Additional Second Lien Debt Facility for which the undersigned is acting as Second Third Lien Representative Collateral Trustee hereby agrees, for the benefit of all Secured Parties and each future Secured Debt Representative, and as a condition to being treated as Secured Obligations Debt under the Intercreditor Agreement, that:

Appears in 1 contract

Samples: Priority Confirmation Joinder (Halcon Resources Corp)

Priority Confirmation. The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the Series of Second Lien Debt that constitutes an Additional Second Lien Debt Facility for which the undersigned is acting as Second Lien Representative hereby agrees, for the benefit of all Secured Parties and each future Secured Debt Representative, and in connection with the designation by the Company of such Obligations as a condition to being treated as Secured Obligations Second Lien Debt under the Intercreditor Agreement, that:

Appears in 1 contract

Samples: Intercreditor Agreement (Exco Resources Inc)

Priority Confirmation. The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the Series of Second Lien Debt that constitutes an Additional Second Lien Debt Facility for which the undersigned is acting as Second Lien Representative hereby agrees, for the benefit of all Secured Parties and each future Secured Debt Representative, and as a condition to being treated as Secured Obligations Second Lien Debt under the Intercreditor Agreement, that:

Appears in 1 contract

Samples: Priority Confirmation Joinder (Halcon Resources Corp)

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Priority Confirmation. The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the Series of Second Third Lien Debt that constitutes an Additional Second Lien Debt Facility for which the undersigned is acting as Second Third Lien Representative Trustee and Third Lien Collateral Trustee hereby agrees, for the benefit of all Secured Parties and each future Secured Debt Representative, and as a condition to being treated as Secured Obligations Debt under the Intercreditor Agreement, that:

Appears in 1 contract

Samples: Intercreditor Agreement (W&t Offshore Inc)

Priority Confirmation. The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the Series of Second Lien Debt that constitutes an Additional Second Lien Debt Facility for which the undersigned is acting as Second Lien Representative hereby agrees, for the benefit of all Secured Parties and each future Secured Debt Representative, and as a condition to being treated as Secured Obligations Debt under the Intercreditor Agreement, that:

Appears in 1 contract

Samples: Intercreditor Agreement (W&t Offshore Inc)

Priority Confirmation. The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the Series of Second Lien Debt that constitutes an Additional the Second Lien Debt Substitute Facility for which the undersigned is acting as Second Lien Representative and Second Lien Collateral Trustee hereby agrees, for the benefit of all Secured Parties and each future Secured Debt Representative, and as a condition to being treated as Secured Obligations Debt under the Intercreditor Agreement, that:

Appears in 1 contract

Samples: Intercreditor Agreement (W&t Offshore Inc)

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