Common use of Relief from the Automatic Stay Clause in Contracts

Relief from the Automatic Stay. Until the Discharge of Senior Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative.

Appears in 57 contracts

Samples: Indenture (Hilton Grand Vacations Inc.), Transaction Support Agreement (Carvana Co.), Second Lien Term Credit Agreement (JOANN Inc.)

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Relief from the Automatic Stay. Until the Discharge of Senior Obligations has occurred, each Second Junior Priority Representative, for itself and on behalf of each Second Junior Priority Debt Party under its Second Junior Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative.

Appears in 13 contracts

Samples: Indenture (Diamond Offshore Drilling, Inc.), Credit Agreement (Owens & Minor Inc/Va/), Credit Agreement (Weight Watchers International Inc)

Relief from the Automatic Stay. Until the Discharge of Senior Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Secured Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative.

Appears in 7 contracts

Samples: First Lien/Second Lien Intercreditor Agreement (ZoomInfo Technologies Inc.), First Lien/Second Lien Intercreditor Agreement (PAE Inc), Credit Agreement (Lamb Weston Holdings, Inc.)

Relief from the Automatic Stay. Until the Discharge of Senior Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, or support or join, directly or indirectly, any party in doing or performing the same, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative.

Appears in 5 contracts

Samples: First/Second Lien Intercreditor Agreement (Sotera Health Co), First/Second Lien Intercreditor Agreement (Sotera Health Topco, Inc.), Credit Agreement (Endurance International Group Holdings, Inc.)

Relief from the Automatic Stay. Until the Discharge of Senior Priority Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Secured Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Priority Representative.

Appears in 5 contracts

Samples: Credit Agreement (Snap One Holdings Corp.), Credit Agreement (MultiPlan Corp), Second Lien Credit Agreement (Grocery Outlet Holding Corp.)

Relief from the Automatic Stay. Until the Discharge of Senior Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior RepresentativeCollateral Agent.

Appears in 4 contracts

Samples: Credit Agreement (SMART Global Holdings, Inc.), Credit Agreement (SMART Global Holdings, Inc.), Credit Agreement (SMART Global Holdings, Inc.)

Relief from the Automatic Stay. Until the Discharge of Senior Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative.

Appears in 4 contracts

Samples: Credit Agreement (Samson Resources Corp), Combined Credit Agreements (Quicksilver Resources Inc), Second Lien Credit Agreement (Quicksilver Resources Inc)

Relief from the Automatic Stay. Until Unless and until the Discharge of Senior Priority Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Secured Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Priority Representative.

Appears in 2 contracts

Samples: First Lien Credit Agreement (SolarWinds Corp), First Lien/Second Lien Intercreditor Agreement (GMS Inc.)

Relief from the Automatic Stay. Until the Discharge of Senior Debt Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Pennsylvania Real Estate Investment Trust), First Lien Credit Agreement (Pennsylvania Real Estate Investment Trust)

Relief from the Automatic Stay. Until the Discharge of Senior Obligations has occurred, each the Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its the Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative.

Appears in 2 contracts

Samples: Intercreditor Agreement (Sundance Energy Australia LTD), Second Lien Credit Agreement (Magnum Hunter Resources Corp)

Relief from the Automatic Stay. Until the Discharge of Senior Priority Obligations has occurred, each the Second Priority Representative, for itself and on behalf of each other Second Priority Debt Party under its Second Priority Debt FacilityParty, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative, unless a motion for adequate protection permitted under Section 6.03 has been denied by the applicable bankruptcy court.

Appears in 1 contract

Samples: Credit Agreement (Miller Energy Resources, Inc.)

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Relief from the Automatic Stay. Until the Discharge of Senior Obligations ligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative.

Appears in 1 contract

Samples: Credit Agreement (SemGroup Corp)

Relief from the Automatic Stay. Until the Discharge of Senior Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative, except to the extent it considers it necessary or advisable to enforce its permitted rights with respect to adequate protection that are set forth in Section 6.03.

Appears in 1 contract

Samples: Second Lien Intercreditor Agreement (Callon Petroleum Co)

Relief from the Automatic Stay. Until the Discharge of Senior Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Secured Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay in Section 362 of the Bankruptcy Code or any similar provision of any other Bankruptcy Law or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative.

Appears in 1 contract

Samples: Term Credit Agreement (Fossil Group, Inc.)

Relief from the Automatic Stay. Until the Discharge of Senior Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding (including under Section 362 of the Bankruptcy Code or any similar provision of any other Bankruptcy Law) or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative.

Appears in 1 contract

Samples: Credit Agreement (Mercury Systems Inc)

Relief from the Automatic Stay. Until Unless and until the Discharge of Senior Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative.

Appears in 1 contract

Samples: Credit Agreement (Driven Brands Holdings Inc.)

Relief from the Automatic Stay. Until the Discharge of Senior Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation dero- gation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative.

Appears in 1 contract

Samples: Second Amendment Agreement (CRC Health CORP)

Relief from the Automatic Stay. Until the Discharge of Senior Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Secured Party under its Second Priority Debt Facility, agrees that none of them shall seek relief from the automatic stay in Section 362 of the Bankruptcy Code or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Shared Collateral, without the prior written consent of the Designated Senior Representative.

Appears in 1 contract

Samples: First Lien/Second Lien Intercreditor Agreement (Accelerate Diagnostics, Inc)

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