Common use of Reliance by Senior Secured Parties Clause in Contracts

Reliance by Senior Secured Parties. The consent by the Senior Secured Parties to the execution and delivery of the Junior Documents and the grant of a Junior Lien on the Senior Collateral and all loans and other extensions of credit made or deemed made on and after the date hereof by the Senior Secured Parties to the Company shall be deemed to have been given and made in reliance upon this Agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Collective Brands, Inc.), Intercreditor and Collateral Agency Agreement (Warnaco Group Inc /De/)

AutoNDA by SimpleDocs

Reliance by Senior Secured Parties. The consent by the Senior Secured Parties to the execution and delivery of the Junior Documents and the grant of a Junior Lien on the Senior Collateral and all loans and other extensions of credit made or deemed made on and after the date hereof by the Senior Secured Parties to the Company Borrowers (as defined in the Existing Credit Agreement) or the Company, as applicable, shall be deemed to have been given and made in reliance upon this Agreement.

Appears in 2 contracts

Samples: Intercreditor and Collateral Agency Agreement (Revlon Consumer Products Corp), Intercreditor and Collateral Agency Agreement (Revlon Consumer Products Corp)

Reliance by Senior Secured Parties. The consent by the Senior Secured Parties to the execution and delivery of the Junior Documents and the grant of a Junior Lien on the Senior Collateral and all loans and other extensions of credit made or deemed made on and after the date hereof by the Senior Secured Parties to the Company Borrowers shall be deemed to have been given and made in reliance upon this Agreement.

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (Revlon Consumer Products Corp)

Reliance by Senior Secured Parties. The consent by the Senior Secured Parties to the execution and delivery of the Junior Documents and the grant of a Junior Lien on the Senior Credit Agreement Collateral and all loans and other extensions of credit made or deemed made on and after the date hereof by the Senior Secured Parties to the Company shall be deemed to have been given and made in reliance upon this Agreement.

Appears in 1 contract

Samples: Intercreditor Agreement (WCI Steel, Inc.)

Reliance by Senior Secured Parties. The consent by the Senior Secured Parties to the execution and delivery of the Junior Documents and the grant of a Junior Lien on the Senior Collateral and all loans and other extensions of credit made or deemed made on and after the date hereof by the Senior Secured Parties to the Company Borrowers (as defined in the Multi-Currency Credit Agreement) or the Company, as applicable, shall be deemed to have been given and made in reliance upon this Agreement.

Appears in 1 contract

Samples: Collateral Agency Agreement (Revlon Consumer Products Corp)

AutoNDA by SimpleDocs

Reliance by Senior Secured Parties. The consent by the Senior Secured Parties to the execution and delivery of the Junior Documents and the grant of a Junior Lien on the Senior Collateral and all loans and other extensions of credit made or deemed made on and after the date hereof by the Senior Secured Parties to the Company Borrower shall be deemed to have been given and made in reliance upon this Agreement.

Appears in 1 contract

Samples: Intercreditor Agreement (Goodman Sales CO)

Reliance by Senior Secured Parties. The consent by the Senior Secured Parties to the execution and delivery of the Junior Documents and the grant of a Junior Lien on the Senior Collateral and all loans and other extensions of credit made or deemed made on and after the date hereof by the Senior Secured Parties to the Company Borrower shall be deemed to have been given and made in reliance upon this Agreement.

Appears in 1 contract

Samples: Intercreditor Agreement (Hli Operating Co Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.