Common use of Reciprocal Rights Clause in Contracts

Reciprocal Rights. The parties agree that the provisions of Sections 2.3, 2.4(b), 3, 4.2, 4.5, 5.1, 5.2, 5.4, 5.5, 6.2, 6.3, 6.4, 6.5, 6.6, 6.7, 6.8, 6.9(b) and 9.5, including, as applicable, the defined terms referenced therein (but only to the extent used therein), which govern the relationship, and certain rights, restrictions, and agreements, between the First Lien Creditor and the other First Lien Claimholders with respect to the First Lien Debt, on the one hand, and the Second Lien Creditor and the other Second Lien Claimholders with respect to the Second Lien Debt, on the other hand, (a) shall, from and after the Payment in Full of First Lien Priority Debt and until the payment in full of the Second Lien Priority Debt, apply to and govern, mutatis mutandis, the relationship between the Second Lien Creditor and the other Second Lien Claimholders with respect to the Second Lien Priority Debt, on the one hand, and the First Lien Creditor and the other First Lien Claimholders with respect to the Excess First Lien Debt, on the other hand, and (b) shall, from and after both the Payment in Full of First Lien Priority Debt and the payment in full of Second Lien Priority Debt, and until the payment in full in cash of the Excess First Lien Debt and the termination or expiration of all commitments, if any, to extend credit that would constitute Excess First Lien Debt, apply to and govern, mutatis mutandis, the relationship between the First Lien Creditor and the other First Lien Claimholders with respect to the Excess First Lien Debt, on the one hand, and the Second Lien Creditor and the other Second Lien Claimholders with respect to the Excess Second Lien Debt, on the other hand.

Reciprocal Rights. The parties agree that the provisions of Sections 2.3, 2.4(b), 3, 4.2, 4.5, 5.1, 5.2, 5.4, 5.5, 6.2, 6.3, 6.4, 6.5, 6.6, 6.7, 6.8, 6.9(b) and 9.5, including, as applicable, the defined terms referenced therein (but only to the extent used therein), which govern the relationship, and certain rights, restrictions, and agreements, between the First Lien Creditor and the other First Lien Claimholders with respect to the First Lien Debt, on the one hand, and the Second Lien Creditor Creditors and the other Second Lien Claimholders with respect to the Second Lien Debt, on the other hand, (a) shall, from and after the Payment in Full of First Lien Priority Debt and until the payment in full of the Second Lien Priority Debt, apply to and govern, mutatis mutandis, the relationship between the Second Lien Creditor Creditors and the other Second Lien Claimholders with respect to the Second Lien Priority Debt, on the one hand, and the First Lien Creditor and the other First Lien Claimholders with respect to the Excess First Lien Debt, on the other hand, and (b) shall, from and after both the Payment in Full of First Lien Priority Debt and the payment in full of Second Lien Priority Debt, and until the payment in full in cash of the Excess First Lien Debt and the termination or expiration of all commitments, if any, to extend credit that would constitute Excess First Lien Debt, apply to and govern, mutatis mutandis, the relationship between the First Lien Creditor and the other First Lien Claimholders with respect to the Excess First Lien Debt, on the one hand, and the Second Lien Creditor Creditors and the other Second Lien Claimholders with respect to the Excess Second Lien Debt, on the other hand.

Reciprocal Rights. (a) The parties agree that the provisions of Sections 2.3, 2.4(b2.6(a), 33.1, 4.23.2, 4.53.3, 4.2(b), 4.2(c), 4.3, 5.1, 5.2, 5.4, 5.56.1(f), 6.2, 6.3, 6.4, 6.5, 6.6, 6.7, 6.86.10, 6.9(b) and 9.58.5, including, as applicable, the defined terms referenced therein (but only to the extent used therein), which govern the relationship, and certain rights, restrictions, and agreements, between the each First Lien Creditor Agent and the other First Lien Claimholders Secured Parties with respect to the First Lien DebtObligations, on the one hand, and the Second Lien Creditor Agent and the other Second Lien Claimholders Secured Parties with respect to the Second Lien DebtObligations, on the other hand, (a) shall, from and after the Payment in Full Discharge of First Lien Priority Debt Obligations and until the payment in full Discharge of the Second Lien Priority DebtObligations, apply to and govern, mutatis mutandis, the relationship between the Second Lien Creditor Agent and the other Second Lien Claimholders Secured Parties with respect to the Second Lien Priority DebtObligations, on the one hand, and the each First Lien Creditor Agent and the other First Lien Claimholders Secured Parties with respect to the Excess First Lien DebtObligations, on the other hand, and (b) shall, from and after both the Payment in Full Discharge of First Lien Priority Debt Obligations and the payment in full Discharge of Second Lien Priority DebtObligations, and until the payment in full in cash of the Excess First Lien Debt Obligations and the termination or expiration of all commitments, if any, to extend credit that would constitute Excess First Lien DebtObligations, apply to and govern, mutatis mutandis, the relationship between the each First Lien Creditor Agent and the other First Lien Claimholders Secured Parties with respect to the Excess First Lien DebtObligations, on the one hand, and the Second Lien Creditor Agent and the other Second Lien Claimholders Secured Parties with respect to the Excess Second Lien DebtObligations, on the other hand.

Reciprocal Rights. The parties agree that the provisions of Sections 2.3, 2.4(b), 3, 4.2, 4.5, 5.1, 5.2, 5.4, 5.5, 6.2, 6.3, 6.4, 6.5, 6.6, 6.7, 6.8, 6.9(b) and 9.5, including, as applicable, the defined terms referenced therein (but only to the extent used therein), which govern the relationship, and certain rights, restrictions, and agreements, between the First Lien Creditor Agent and the other First Lien Claimholders with respect to the First Lien Debt, on the one hand, and the Second Lien Creditor Agent and the other Second Lien Claimholders with respect to the Second Lien Debt, on the other hand, (a) shall, from and after the Payment in Full of First Lien Priority Debt and until the payment in full of the Second Lien Priority Debt, apply to and govern, mutatis mutandis, the relationship between the Second Lien Creditor Agent and the other Second Lien Claimholders with respect to the Second Lien Priority Debt, on the one hand, and the First Lien Creditor Agent and the other First Lien Claimholders with respect to the Excess First Lien Debt and Excess Prepetition First Lien Debt, on the other hand, and (b) shall, from and after both as if the Payment in Full of First Second Lien Priority Claimholders with respect to the Second Lien Debt were the senior creditors hereunder and the payment in full of Second Lien Priority Debt, and until the payment in full in cash of the Excess First Lien Debt and the termination or expiration of all commitments, if any, to extend credit that would constitute Excess First Lien Debt, apply to and govern, mutatis mutandis, the relationship between the First Lien Creditor and the other First Lien Claimholders with respect to the Excess First Lien Debt, on Debt and Excess Prepetition First Lien Debt were the one hand, and the Second Lien Creditor and the other Second Lien Claimholders with respect to the Excess Second Lien Debt, on the other handjunior creditors hereunder.

Reciprocal Rights. The parties agree that the provisions of Sections 2.3, 2.4(b), 3, 4.2, 4.5, 5.1, 5.2, 5.4, 5.56.1, 6.2, 6.3, 6.4, 6.56.5(b), 6.6, 6.7, 6.8, 6.9(b) and 9.58.5, including, as applicable, the defined terms referenced therein (but only to the extent used therein), which govern the relationship, and certain rights, restrictions, and agreements, between the First Lien Creditor Collateral Agent and the other First Lien Claimholders with respect to the First Lien Debt, on the one hand, and the Second Lien Creditor Collateral Agent and the other Second Lien Claimholders with respect to the Second Lien Debt, on the other hand, (a) shall, from and after the Payment in Full of First Lien Priority Debt and until the payment in full of the Second Lien Priority Debt, apply to and govern, mutatis mutandis, the relationship between the Second Lien Creditor Collateral Agent and the other Second Lien Claimholders with respect to the Second Lien Priority Debt, on the one hand, and the First Lien Creditor Collateral Agent and the other First Lien Claimholders with respect to the Excess First Lien Debt, on the other hand, and (b) shall, from and after both the Payment in Full of First Lien Priority Debt and the payment in full of Second Lien Priority Debt, and until the payment in full in cash of the Excess First Lien Debt and the termination or expiration of all commitments, if any, to extend credit that would constitute Excess First Lien Debt, apply to and govern, mutatis mutandis, the relationship between the First Lien Creditor Collateral Agent and the other First Lien Claimholders with respect to the Excess First Lien Debt, on the one hand, and the Second Lien Creditor Collateral Agent and the other Second Lien Claimholders with respect to the Excess Second Lien Debt, on the other hand.