Common use of Reorganization Securities; Voting Clause in Contracts

Reorganization Securities; Voting. (a) If, in any Insolvency or Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed, pursuant to a plan of reorganization or plan of liquidation proposed, confirmed or adopted in an Insolvency or Liquidation Proceeding, on account of both the Senior Lien Obligations and the Junior Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior Lien Obligations and on account of the Junior Lien Obligations are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Reorganization Securities; Voting. (a) If, in any Insolvency or Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor that are Shared Collateral are distributed, pursuant to a plan of reorganization or reorganization, plan of liquidation proposedliquidation, confirmed agreement for composition, or adopted in an Insolvency other type of plan of arrangement or Liquidation Proceedingrestructuring, on account of both the Senior Lien Obligations and the Junior Lien Second Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior Lien Obligations and on account of the Junior Lien Second Priority Debt Obligations are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Reorganization Securities; Voting. (a) If, in any Insolvency or Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan of liquidation proposed, confirmed confirmed, or adopted in an Insolvency or Liquidation Proceeding, on account of both the Senior Lien Obligations Creditor Claims and the Junior Lien ObligationsSecond Priority Claims, then, to the extent the debt obligations distributed on account of the Senior Lien Obligations Priority Claims and on account of the Junior Lien Obligations Second Priority Claims are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Reorganization Securities; Voting. (a) If, in any Insolvency or Liquidation ProceedingProceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed, distributed pursuant to a plan of reorganization or plan of liquidation proposedsimilar dispositive restructuring plan, confirmed or adopted in an Insolvency or Liquidation Proceeding, both on account of both the Senior Lien Obligations and the Junior Lien ObligationsSecond Priority Debt Obligations in respect of their interests in Shared Collateral, then, to the extent the debt obligations distributed on account of the Senior Lien Obligations and on account of the Junior Lien Second Priority Debt Obligations are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.