Common use of Reorganization Securities Clause in Contracts

Reorganization Securities. 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, on account of both the Senior Obligations and the Second Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior Obligations and on account of the 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.

Appears in 41 contracts

Samples: Credit Agreement (Life Time Group Holdings, Inc.), Credit Agreement, Intercreditor Agreement (Sundance Energy Australia LTD)

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Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the on account of Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 30 contracts

Samples: Credit Agreement (LifeStance Health Group, Inc.), First Lien Credit Agreement (PGA Holdings, Inc.), First Lien Credit Agreement (PGA Holdings, Inc.)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization reorganization, arrangement, compromise or liquidation or similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the on account of Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 25 contracts

Samples: Indenture (Karyopharm Therapeutics Inc.), Omnibus Amendment to Transaction Documents (Karyopharm Therapeutics Inc.), Intercreditor Agreement (Nauticus Robotics, Inc.)

Reorganization Securities. 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, both on account of both the Senior First Lien Obligations and the on account of Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 13 contracts

Samples: Intercreditor Agreement (Revel Entertainment Group, LLC), Intercreditor Agreement (iPCS, INC), First Lien Credit Agreement (Emdeon Inc.)

Reorganization Securities. 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, on account of both the Senior First Lien Obligations and the Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 12 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement (Cinco Resources, Inc.), Intercreditor Agreement (Crimson Exploration Inc.)

Reorganization Securities. 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, on account of both the Senior Obligations and the Second Junior Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior Obligations and on account of the Second Junior 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.

Appears in 11 contracts

Samples: Credit Agreement (Nabors Industries LTD), Indenture (Chart Industries Inc), Credit Agreement (Nabors Industries LTD)

Reorganization Securities. (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, on account of both the Senior Obligations and the Second Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior Obligations and on account of the 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.

Appears in 9 contracts

Samples: Indenture (Hilton Grand Vacations Inc.), Credit Agreement (Mercury Systems Inc), Credit Agreement (Trinseo S.A.)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the any reorganized debtor secured by Liens upon any property of the such reorganized debtor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, on account of both the Senior First-Lien Obligations and the Second Priority Debt Junior-Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First-Lien Obligations and on account of the Second Priority Debt 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.

Appears in 8 contracts

Samples: Indenture (Sabre Corp), Indenture (Sabre Corp), Indenture (Sabre Corp)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization reorganization, arrangement, compromise or liquidation or similar dispositive restructuring plan, both on account of both the Senior Prior Lien Obligations and the Second Priority Debt on account of Subordinated Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior Prior Lien Obligations and on account of the Second Priority Debt Subordinated 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.

Appears in 7 contracts

Samples: Intercreditor Agreement (Key Energy Services Inc), Term Loan Credit Agreement, Term Loan Credit and Guaranty Agreement (Fairmount Santrol Holdings Inc.)

Reorganization Securities. 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, distributed pursuant to a plan Plan of reorganization Reorganization or similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the on account of Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 6 contracts

Samples: Credit Agreement (Talos Energy Inc.), Intercreditor Agreement (Talos Energy Inc.), Intercreditor Agreement

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, plan (the “Reorganization Securities”) on account of both the Senior Lien Obligations and the Second Priority Debt Junior Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior Lien Obligations and on account of the Second Priority Debt 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.

Appears in 6 contracts

Samples: Credit Agreement (Herbalife Nutrition Ltd.), Credit Agreement (Herbalife Ltd.), Senior Lien Term Loan Credit Agreement (Forterra, Inc.)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the any reorganized debtor Grantor secured by Liens upon any property of the such reorganized debtor Grantor are distributed, pursuant to a proposal or plan of compromise, arrangement or reorganization or similar dispositive restructuring planwhose effective date is after the date hereof, on account of both the Senior Obligations First Lien Debt and the any Second Priority Debt ObligationsLien Debt, then, to the extent the debt obligations distributed on account of the Senior Obligations First Lien Debt and on account of the Second Priority Lien Debt Obligations are secured by Liens upon the same assets or property, the provisions of this Intercreditor 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.

Appears in 6 contracts

Samples: Intercreditor Agreement (A. M. Castle & Co.), Intercreditor Agreement (A. M. Castle & Co.), Intercreditor Agreement (Total Plastics, Inc.)

Reorganization Securities. 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, on account of both the Senior Obligations Lender Claims and the Second Priority Debt ObligationsClaims, then, to the extent the debt obligations distributed on account of the Senior Obligations Lender Claims and on account of the Second Priority Debt Obligations 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.

Appears in 6 contracts

Samples: Credit Agreement (Norwegian Cruise Line Holdings Ltd.), Credit Agreement (Norwegian Cruise Line Holdings Ltd.), Credit Agreement (Norwegian Cruise Line Holdings Ltd.)

Reorganization Securities. (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, on account of both the Senior Obligations and the Second Junior Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior Obligations and on account of the Second Junior 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.

Appears in 5 contracts

Samples: Term Loan Credit Agreement (Vine Resources Inc.), Term Loan B Credit Agreement (Vine Resources Inc.), Term Loan Credit Agreement (Vine Resources Inc.)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property the assets of the reorganized debtor Grantors constituting Collateral are distributed, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, plan or arrangement on account of both the Senior Priority Obligations and the Second Junior Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior Priority Obligations and on account of the Second Junior Priority Debt Obligations are secured by Liens upon the same assets or propertyproperty constituting Collateral, 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.

Appears in 5 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement, Intercreditor Agreement (Cenveo, Inc)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the on account of Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 5 contracts

Samples: First/Second Lien Intercreditor Agreement (TransFirst Inc.), Intercreditor Agreement (Triple Crown Media, Inc.), Intercreditor Agreement

Reorganization Securities. 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, both on account of both the Senior First Lien Obligations and the Second Priority Debt on account of Junior Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 4 contracts

Samples: General Intercreditor Agreement, Junior Lien Intercreditor Agreement (Reddy Ice Holdings Inc), General Intercreditor Agreement (Building Materials Manufacturing Corp)

Reorganization Securities. (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 Plan of reorganization or similar dispositive restructuring planReorganization, on account of both the Senior Obligations and the Second Junior Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior Obligations and on account of the Second Junior 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.

Appears in 4 contracts

Samples: Credit Agreement (Vistra Energy Corp), Credit Agreement (Energy Future Competitive Holdings Co LLC), Second Lien Credit Agreement (Transfirst Holdings Corp.)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon on any property of the reorganized debtor are distributed, distributed pursuant to a plan of reorganization or a similar dispositive restructuring plan, both on account of both the Senior ABL Obligations and on account of the Second Priority Debt Term Obligations, then, then to the extent that the debt obligations distributed on account of the Senior ABL Obligations and on account of the Second Priority Debt Term 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.

Appears in 4 contracts

Samples: Loan Agreement (Horizon Global Corp), Credit Agreement (Horizon Global Corp), Loan Agreement (Horizon Global Corp)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, all on account of both the Senior First Priority Obligations and the on account of Second Priority Debt Obligations, Obligations then, to the extent the debt obligations distributed on account of the Senior First Priority Obligations and on account of the 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.

Appears in 4 contracts

Samples: Intercreditor Agreement (Gener8 Maritime, Inc.), Intercreditor Agreement (Gener8 Maritime, Inc.), Intercreditor Agreement (Gener8 Maritime, Inc.)

Reorganization Securities. 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, on account of both the Senior Priority Obligations and the Second Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior Priority Obligations and on account of the 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.

Appears in 4 contracts

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

Reorganization Securities. 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, both on account of both the Senior Obligations Lender Claims and the Second Priority Debt Obligationson account of Noteholder Claims, then, to the extent the debt obligations distributed on account of the Senior Obligations Lender Claims and on account of the Second Priority Debt Obligations Noteholder 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.

Appears in 4 contracts

Samples: Indenture (Century California, LLC), Indenture (Century Aluminum Co), Intercreditor Agreement (Hovnanian Enterprises Inc)

Reorganization Securities. 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, on account of both the Senior First Lien Obligations and the Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 4 contracts

Samples: Second Lien Credit Agreement (Sundance Energy Australia LTD), Intercreditor Agreement (Callon Petroleum Co), Second Lien Credit Agreement (Sundance Energy Australia LTD)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the any reorganized debtor Grantor secured by Liens upon any property of the such reorganized debtor Grantor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring planreorganization, on account of both the Senior ABL Obligations and the Second Priority Debt Term Loan/Notes Obligations, then, to the extent that the debt obligations distributed on account of the Senior ABL Obligations and on account of the Second Priority Debt Term Loan/Notes 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.

Appears in 4 contracts

Samples: Abl Intercreditor Agreement (Community Health Systems Inc), Abl Intercreditor Agreement (Community Health Systems Inc), Abl Intercreditor Agreement (Community Health Systems Inc)

Reorganization Securities. If, in any Liquidation or 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, both on account of both the Senior Obligations Lender Claims and the Second Priority Debt Obligationson account of Noteholder Claims, then, to the extent the debt obligations distributed on account of the Senior Obligations Lender Claims and on account of the Second Priority Debt Obligations Noteholder 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.

Appears in 4 contracts

Samples: Intercreditor Agreement (Mens Apparel Guild in California Inc), Intercreditor Agreement (Advanstar Communications Inc), Intercreditor Agreement (Appliance Warehouse of America Inc)

Reorganization Securities. 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, on account of both the Senior Obligations First Priority Claims and the Second Priority Debt ObligationsClaims, then, to the extent the debt obligations distributed on account of the Senior Obligations and First Priority Claims, on account of the Second Priority Debt Obligations 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.

Appears in 4 contracts

Samples: Intercreditor Agreement (Gastar Exploration LTD), Intercreditor Agreement (Forbes Energy Services LLC), Intercreditor Agreement (Forbes Energy Services Ltd.)

Reorganization Securities. If, in any Liquidation or 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, both on account of both the Senior Obligations Lender Claims and the Second Priority Debt Obligationson account of Noteholder Claims, then, to the extent the debt obligations distributed on account of the Senior Obligations Lender Claims and on account of the Second Priority Debt Obligations Noteholder 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.

Appears in 4 contracts

Samples: Intercreditor Agreement (Telex Communications Intermediate Holdings LLC), Intercreditor Agreement (Golfsmith International Holdings Inc), Credit Agreement (Golfsmith International Holdings Inc)

Reorganization Securities. 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, on account of both the Senior Term Loan Obligations and the Second Priority Debt ABL Facility Obligations, then, to the extent the debt obligations distributed on account of the Senior Term Loan Obligations and on account of the Second Priority Debt or such ABL Facility 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.

Appears in 3 contracts

Samples: Term Loan Credit Agreement, Term Loan Credit Agreement (Jill Intermediate LLC), Abl Credit Agreement (Jill Intermediate LLC)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization reorganization, arrangement, compromise or liquidation or similar dispositive restructuring plan, both on account of both the Super Senior Obligations and the Second Priority Debt on account of Subordinated Lien Obligations, then, to the extent the debt obligations distributed on account of the Super Senior Obligations and on account of the Second Priority Debt Subordinated 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.

Appears in 3 contracts

Samples: Intercreditor Agreement (Nauticus Robotics, Inc.), Intercreditor Agreement (Nauticus Robotics, Inc.), Intercreditor Agreement (Nauticus Robotics, Inc.)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization reorganization, arrangement, compromise or liquidation or similar dispositive restructuring plan, both on account of both the Senior ABL Obligations and the Second Priority Debt on account of Term Loan Obligations, then, to the extent the debt obligations distributed on account of the Senior ABL Obligations and on account of the Second Priority Debt Term Loan 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.

Appears in 3 contracts

Samples: First Lien Credit Agreement (Option Care Health, Inc.), First Lien Credit Agreement (Option Care Health, Inc.), Indenture (Option Care Health, Inc.)

Reorganization Securities. 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, both on account of both the Senior Obligations Lender Claims and the Second Priority Debt Obligationson account of Parity Lien Claims, then, to the extent the debt obligations distributed on account of the Senior Obligations Lender Claims and on account of the Second Priority Debt Obligations Parity Lien 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.

Appears in 3 contracts

Samples: Indenture (Century Aluminum Co), Indenture (Century Aluminum Co), Indenture (Century Aluminum Co)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property Property of the reorganized debtor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, on account of both the Senior First Lien Obligations and the Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt Lien Obligations are secured by Liens upon the same assets or propertyProperty, 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.

Appears in 3 contracts

Samples: Second Lien Credit Agreement (Titan Energy, LLC), Credit Agreement (Titan Energy, LLC), Credit Agreement (Atlas Resource Partners, L.P.)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization reorganization, arrangement, compromise or liquidation or similar dispositive restructuring plan, both on account of both the Senior Lien Obligations and the Second Priority Debt on account of Junior Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior Lien Obligations and on account of the Second Priority Debt 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.

Appears in 3 contracts

Samples: Supplemental Indenture (Centrus Energy Corp), Indenture Agreement (Centrus Energy Corp), Indenture Agreement (United States Enrichment Corp)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the any reorganized debtor Grantor secured by Liens upon any property of the such reorganized debtor Grantor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, on account of both the Senior Priority Obligations and the Second Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior Priority Obligations and on account of the 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.

Appears in 3 contracts

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

Reorganization Securities. 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, distributed pursuant to a plan of reorganization reorganization, arrangement, compromise or liquidation or similar dispositive restructuring plan, both on account of both the Senior First Priority Obligations and the on account of Second Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior First Priority Obligations and on account of the 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.

Appears in 3 contracts

Samples: Intercreditor Agreement (Stonemor Inc.), Indenture (Stonemor Inc.), Indenture (GOOD TECHNOLOGY Corp)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the any reorganized debtor Grantor secured by Liens upon any property of the such reorganized debtor Grantor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring planreorganization, on account of both the Senior Obligations and the Second Senior-Priority Debt Obligationsand/or the Junior-Priority Debt, then, to the extent that the debt obligations distributed on account of the Senior Obligations and Senior-Priority Debt and/or on account of the Second Junior-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.

Appears in 3 contracts

Samples: Senior Junior Lien Intercreditor Agreement (Community Health Systems Inc), Senior Junior Lien Intercreditor Agreement (Community Health Systems Inc), Fourth Amendment and Restatement Agreement (Community Health Systems Inc)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the Second Priority Debt on account of Subordinated Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt Subordinated 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.

Appears in 2 contracts

Samples: First and Subordinated Lien Intercreditor Agreement (CVR Energy Inc), Credit and Guaranty Agreement (CVR Energy Inc)

Reorganization Securities. 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, on account of both the Senior First Lien Obligations and the Second Priority Debt Indenture Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt Indenture Obligations are secured by Liens upon some of 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.

Appears in 2 contracts

Samples: Intercreditor Agreement (Aventine Renewable Energy Holdings Inc), Intercreditor Agreement (Sterling Chemicals Inc)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization reorganization, arrangement, compromise or liquidation or similar dispositive restructuring plan, both on account of both the Senior Credit Agreement Obligations and the Second Priority Debt on account of Pari Tranche Obligations, then, to the extent the debt obligations distributed on account of the Senior Credit Agreement Obligations and on account of the Second Priority Debt Pari Tranche 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.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (KAR Auction Services, Inc.), Credit Agreement (KAR Auction Services, Inc.)

Reorganization Securities. 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, distributed pursuant to a plan Plan of reorganization Reorganization or similar dispositive restructuring plan, both on account of both the Senior Revolving Obligations and the Second Priority Debt on account of other First Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior Revolving Obligations and on account of the Second Priority Debt other First 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.

Appears in 2 contracts

Samples: First Lien Intercreditor Agreement, First Lien Intercreditor Agreement (Revel Entertainment Group, LLC)

Reorganization Securities. 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, on account of both the Senior First Lien Obligations and the Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt Lien Obligations are secured by Liens upon the same assets or propertyassets, 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.

Appears in 2 contracts

Samples: Credit Agreement (SemGroup Corp), Continuing Covenant Agreement (SemGroup Corp)

Reorganization Securities. 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, both on account of both the Senior ABL Obligations and the Second Priority Debt on account of Term Obligations, then, to the extent the debt obligations distributed on account of the Senior ABL Obligations and on account of the Second Priority Debt Term 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.

Appears in 2 contracts

Samples: Credit Agreement (Dole Food Co Inc), Credit Agreement (Dole Food Co Inc)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt 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 similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the on account of Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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 Debt obligations so distributed, to the Liens securing such debt obligationsDebt obligations and the distribution of proceeds thereof.

Appears in 2 contracts

Samples: Subordination and Intercreditor Agreement (AgileThought, Inc.), Subordination and Intercreditor Agreement (AgileThought, Inc.)

Reorganization Securities. If, in any Liquidation or Insolvency Proceeding with respect to CSC or Liquidation Proceedingany of its subsidiaries, 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, both on account of both the Senior Obligations Lender Claims and the Second Priority Debt Obligationson account of Noteholder Claims, then, to the extent the debt obligations distributed on account of the Senior Obligations Lender Claims and on account of the Second Priority Debt Obligations Noteholder 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.

Appears in 2 contracts

Samples: Indenture (Coinmach Service Corp), Intercreditor Agreement (Coinmach Service Corp)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the on account of Second Priority Debt Lien Obligations, then, to the extent the debt CHARl\1175377v2 obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Amn Healthcare Services Inc)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior Controlling Obligations and on account of the Second Priority Debt Subordinated Obligations, then, to the extent the debt obligations distributed on account of the Senior Controlling Obligations and on account of the Second Priority Debt Subordinated 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.

Appears in 2 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement (Ocean Rig UDW Inc.)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior Revolving Credit Obligations and the Second Priority on account of Secured Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior Revolving Credit Obligations and on account of the Second Priority Secured 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 debt obligations so distributed, to the Liens securing such debt obligationsobligations and the distribution of proceeds thereof.

Appears in 2 contracts

Samples: Intercreditor Agreement (NewPage Energy Services LLC), Intercreditor Agreement (NewPage Holding CORP)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior Obligations Lender Claims and the on account of Second Priority Debt ObligationsClaims, then, to the extent the debt obligations distributed on account of the Senior Obligations Lender Claims and on account of the Second Priority Debt Obligations 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.

Appears in 2 contracts

Samples: Notes Intercreditor Agreement (TAMINCO ACQUISITION Corp), Intercreditor Agreement (Sampson Simulator, LLC)

Reorganization Securities. 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, distributed pursuant to a plan Plan of reorganization Reorganization or similar dispositive restructuring plan, both on account of both the Senior Obligations Lender Claims and the on account of Second Priority Debt ObligationsClaims, then, to the extent the debt obligations distributed on account of the Senior Obligations Lender Claims and on account of the Second Priority Debt Obligations 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.

Appears in 2 contracts

Samples: Fifth Amendment Agreement (Eldorado Gold Corp /Fi), Credit Agreement (Eldorado Gold Corp /Fi)

Reorganization Securities. 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, on account of both each of the Senior First Lien Obligations and the Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (U.S. Well Services, Inc.), Intercreditor Agreement (Penn Virginia Corp)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the on account of Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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 debt obligations so distributed, to the Liens securing such debt obligations, and the distribution of proceeds thereof.

Appears in 2 contracts

Samples: Intercreditor Agreement (Viasystems Group Inc), Collateral Trust Agreement (Viasystems Inc)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the any reorganized debtor secured by Liens upon any property of the such reorganized debtor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, on account of both the Senior Obligations and the Second Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior Obligations and on account of the 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.

Appears in 2 contracts

Samples: Amendment No. 2 (Energy Future Intermediate Holding CO LLC), Second Lien Intercreditor Agreement (Energy Future Intermediate Holding CO LLC)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior ABL Obligations and the Second on account of Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior ABL Obligations and on account of the Second Priority Debt 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 debt obligations so distributed, to the Liens securing such debt obligationsobligations and the distribution of proceeds thereof.

Appears in 2 contracts

Samples: Abl Notes Intercreditor Agreement (Unisys Corp), Intercreditor Agreement (Unisys Corp)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, Proceeding 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 similar dispositive restructuring plan, both on account of both the Senior ABL Obligations and the Second Priority Debt on account of Term Obligations, then, to the extent the debt obligations distributed on account of the Senior ABL Obligations and on account of the Second Priority Debt Term Obligations are secured by Liens upon property that would constitute ABL Priority Collateral or Term Priority Collateral under the same assets or propertyterms of this Agreement, 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 debt obligations so distributed, to the Liens securing such debt obligations, and the distribution of Proceeds thereof.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Pier 1 Imports Inc/De), Abl Credit Agreement (Lands End Inc)

Reorganization Securities. 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, on account of both the Senior First Lien Obligations and the Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (SafeNet Holding Corp), First Lien Credit Agreement (SafeNet Holding Corp)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior Revolving Credit Obligations and the Second Priority Debt on account of Term Loan Obligations, then, to the extent the debt obligations distributed on account of the Senior Revolving Credit Obligations and on account of the Second Priority Debt Term Loan 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 debt obligations so distributed, to the Liens securing such debt obligationsobligations and the distribution of proceeds thereof.

Appears in 2 contracts

Samples: Intercreditor Agreement (Novelis Inc.), Intercreditor Agreement (Solutia Inc)

Reorganization Securities. 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, both on account of both the Senior Term Obligations and the Second Priority Debt on account of ABL Obligations, then, to the extent the debt obligations distributed on account of the Senior Term Obligations and on account of the Second Priority Debt ABL 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.

Appears in 2 contracts

Samples: Credit Agreement (Dole Food Co Inc), Credit Agreement (Dole Food Co Inc)

Reorganization Securities. (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 Plan of reorganization or similar dispositive restructuring planReorganization, on account of both the Senior ABL Obligations and the Second Term Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior ABL Obligations and on account of the Second Term 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.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Avaya Holdings Corp.), Abl Credit Agreement (Avaya Holdings Corp.)

Reorganization Securities. 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, both on account of both the Senior Obligations Indebtedness and the on account of Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior Obligations Indebtedness and on account of the Second Priority Debt 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.

Appears in 2 contracts

Samples: Intercreditor Agreement (Forest Oil Corp), Intercreditor Agreement (Starboard Resources, Inc.)

Reorganization Securities. 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, on account of both each of the Senior Obligations First Lien Obligations, and the Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior Obligations and on account of the First Lien Obligations, or such Second Priority Debt 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.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Post Holdings, Inc.), First Lien Credit Agreement (Post Holdings, Inc.)

Reorganization Securities. If, in any Insolvency or Liquidation Bankruptcy Proceeding, 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 similar dispositive restructuring plan, both on account of both the Senior Revolving Facility Obligations and the Second Priority Debt on account of Incremental Term Loan Obligations, then, to the extent the debt obligations distributed on account of the Senior Revolving Facility Obligations and on account of the Second Priority Debt Incremental Term Loan 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.

Appears in 2 contracts

Samples: Credit Agreement (Neiman Marcus, Inc.), Credit Agreement (Neiman Marcus, Inc.)

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Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior ABL Obligations and the Second Priority Debt on account of Noteholder Obligations, then, to the extent the debt obligations distributed on account of the Senior ABL Obligations and on account of the Second Priority Debt Noteholder 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 debt obligations so distributed, to the Liens securing such debt obligationsobligations and the distribution of proceeds thereof.

Appears in 2 contracts

Samples: Intercreditor Agreement (New Enterprise Stone & Lime Co., Inc.), Intercreditor Agreement (New Enterprise Stone & Lime Co., Inc.)

Reorganization Securities. 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, on account of both any two or more of the Senior Term Loan Obligations and the Second Priority Debt ABL Obligations, then, to the extent the debt obligations distributed on account of the Senior such Term Loan Obligations and on account of the Second Priority Debt or such ABL 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.

Appears in 1 contract

Samples: Term Loan Credit Agreement (AdvancePierre Foods Holdings, Inc.)

Reorganization Securities. 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, both on account of both the Senior First Priority Notes Obligations and the on account of Second Priority Debt Notes Obligations, then, to the extent the debt obligations distributed on account of the Senior First Priority Notes Obligations and on account of the Second Priority Debt Notes 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Endeavour International Corp)

Reorganization Securities. IfWithout limitation of the provisions of Section 4.01, if, in any Insolvency or Liquidation ProceedingProceeding of any Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed, distributed pursuant to a plan Plan of reorganization or similar dispositive restructuring plan, Reorganization on account of both the Senior Obligations and the Second Priority Debt Junior Obligations, then, to the extent the debt obligations distributed on account of the Senior Obligations and on account of the Second Priority Debt Junior Obligations are secured by Liens upon the same assets or propertyproperties, 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.

Appears in 1 contract

Samples: Indenture (Amc Entertainment Holdings, Inc.)

Reorganization Securities. 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, on account of both any two or more of the Senior Term Loan Obligations and the Second Priority Debt ABL Obligations, then, to the extent the debt obligations distributed on account of the Senior Term Loan Obligations and on account of the Second Priority Debt or such ABL 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Global Brass & Copper Holdings, Inc.)

Reorganization Securities. If, in any Insolvency or Liquidation ProceedingProceeding with respect to Holdings, 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 similar dispositive restructuring plan, both on account of both the Senior Revolving Credit Obligations and the Second Priority Debt on account of Note Obligations, then, to the extent the debt obligations distributed on account of the Senior Revolving Credit Obligations and on account of the Second Priority Debt Note 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 debt obligations so distributed, to the Liens securing such debt obligationsobligations and the distribution of proceeds thereof.

Appears in 1 contract

Samples: Intercreditor Agreement (Claymont Steel Holdings, Inc.)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations Obligations of the any reorganized debtor Grantor secured by Liens upon any property of the such reorganized debtor Grantor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring planreorganization, on account of both the Senior Obligations and First Lien Debt and/or the Second Priority Debt ObligationsPari Passu Lien Debt, then, to the extent that the debt obligations Obligations distributed on account of the Senior Obligations and First Lien Debt and/or on account of the Second Priority Pari Passu Lien 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 Obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligationsObligations.

Appears in 1 contract

Samples: Indenture (Unisys Corp)

Reorganization Securities. 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, both on account of both the Senior ABL Facility Obligations and the Second Priority Debt on account of Term Loan Obligations, then, to the extent the debt obligations distributed on account of the Senior ABL Facility Obligations and on account of the Second Priority Debt Term Loan 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Party City Holdco Inc.)

Reorganization Securities. 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, both on account of both the Senior Revolving Facility Obligations and the Second Priority Debt on account of Term Loan Obligations, then, to the extent the debt obligations distributed on account of the Senior Revolving Facility Obligations and on account of the Second Priority Debt Term Loan 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Am-Source, LLC)

Reorganization Securities. If, in any an Insolvency or Liquidation Proceeding, debt obligations 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 similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the on account of Second Priority Debt Lien Obligations, then, to the extent the debt obligations Obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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 Obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligationsObligations.

Appears in 1 contract

Samples: Intercreditor Agreement (Athenex, Inc.)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the ABL Priority Collateral of the reorganized debtor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, on account of both the Senior ABL Obligations and the Second Priority on account of Pari Term Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior ABL Obligations and on account of the Second Priority Pari Term 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.

Appears in 1 contract

Samples: Asset Based Revolving Credit Agreement (Albertsons Companies, Inc.)

Reorganization Securities. 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, both on account of both the Senior Term Loan Obligations and the Second Priority Debt on account of ABL Facility Obligations, then, to the extent the debt obligations distributed on account of the Senior Term Loan Obligations and on account of the Second Priority Debt ABL Facility 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Party City Holdco Inc.)

Reorganization Securities. 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, on account of both the Senior First Priority Obligations and the Second Junior Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior First Priority Obligations and on account of the Second Junior 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Commercial Vehicle Group, Inc.)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior ABL Obligations and on account of the Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior ABL Obligations and on account of the Second Priority Debt 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 debt obligations so distributed, to the Liens securing such debt obligationsobligations and the distribution of proceeds thereof.

Appears in 1 contract

Samples: Abl Intercreditor Agreement (Unisys Corp)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property Property of the reorganized debtor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the on account of Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt Lien Obligations are secured by Liens upon the same assets or propertyProperty, 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.

Appears in 1 contract

Samples: Credit Agreement (Callon Petroleum Co)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization reorganization, arrangement, compromise or liquidation or similar dispositive restructuring plan, both on account of both the Senior Lien Obligations and the Second Priority Debt on account of Junior Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior Lien Obligations and on account of the Second Priority Debt 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 obligations‌ pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Appears in 1 contract

Samples: Intercreditor Agreement

Reorganization Securities. 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, distributed pursuant to a plan of reorganization reorganization, arrangement, compromise or liquidation or similar dispositive restructuring plan, both on account of both the Senior Parity Lien Obligations and the Second Priority Debt on account of Junior Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior Parity Lien Obligations and on account of the Second Priority Debt 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.

Appears in 1 contract

Samples: Indenture (Urban One, Inc.)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization reorganization, plan of arrangement or similar dispositive restructuring plan, both on account of both the Senior Term Loan Obligations and the Second Priority Debt on account of Notes Obligations, then, to the extent the debt obligations distributed on account of the Senior Term Loan Obligations and on account of the Second Priority Debt Notes 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Postmedia Network Canada Corp.)

Reorganization Securities. 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, on account of both the Senior First Lien Obligations and the Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt Lien Obligations are secured by Liens upon the same assets or property, the provisions of this Agreement Section 14 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.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Leucadia National Corp)

Reorganization Securities. If, in any Insolvency or Liquidation ProceedingProceeding with respect to any 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 similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the on account of Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Eastman Kodak Co)

Reorganization Securities. 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, both on account of both the Senior Obligations Indebtedness and the Second Priority Debt on account of Subordinated Obligations, then, to the extent the debt obligations distributed on account of the Senior Obligations Indebtedness and on account of the Second Priority Debt Subordinated 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Aurora Oil & Gas CORP)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the on account of Second Priority Debt Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Terremark Worldwide Inc)

Reorganization Securities. 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, plan on account of both the Senior First-Priority Obligations and the Second Second-Priority Debt Obligations, then, to the extent that the debt obligations distributed on account of the Senior First-Priority Obligations and on account of the Second 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Gannett Co., Inc.)

Reorganization Securities. 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, on account of both the Senior Obligations Lender Claims and the Second Priority Debt ObligationsClaims, then, to the extent the debt obligations distributed on account of the Senior Obligations Lender Claims and on account of the Second Priority Debt Obligations 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.

Appears in 1 contract

Samples: Second Lien Intercreditor Agreement (Caesars Acquisition Co)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the any reorganized debtor Grantor secured by Liens upon any property of the such reorganized debtor Grantor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, on account of both the Senior ABL Obligations and the Second Priority Debt Term Obligations, then, to the extent the debt obligations distributed on account of the Senior ABL Obligations and on account of the Second Priority Debt Term 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.

Appears in 1 contract

Samples: Intercreditor Agreement (GMS Inc.)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization reorganization, plan of arrangement or similar dispositive restructuring plan, both on account of both the Senior ABL Obligations and the Second Priority Debt on account of any Term Obligations, then, to the extent the debt obligations distributed on account of the Senior ABL Obligations and on account of the Second Priority Debt such Term 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Postmedia Network Canada Corp.)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property Property of the reorganized debtor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, on account of both the Senior First Lien Secured Obligations and the Second Priority Debt Lien Secured Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Secured Obligations and on account of the Second Priority Debt Lien Secured Obligations are secured by Liens upon the same assets or propertyProperty, 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Silverbow Resources, Inc.)

Reorganization Securities. 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 Plan of reorganization Reorganization or similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the Second Priority Debt on account of Junior Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 1 contract

Samples: Pari Passu Intercreditor Agreement (J C Penney Co Inc)

Reorganization Securities. If, in any Liquidation or 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, both on account of both the Senior Obligations Lender Claims and the on account of Second Priority Debt ObligationsClaims, then, to the extent the debt obligations distributed on account of the Senior Obligations Lender Claims and on account of the Second Priority Debt Obligations 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Worldspan Ijet Holdings LLC)

Reorganization Securities. 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, on account of both the Senior Obligations and the Second Priority Debt ObligationsObligations (including without limitation any administrative or superpriority claim granted as adequate protection), then, to the extent the debt obligations distributed on account of the Senior Obligations and on account of the 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 26 debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Appears in 1 contract

Samples: Credit Agreement

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior Committed Credit Agreement Obligations and the Second Priority Debt on account of Uncommitted Credit Agreement Obligations, then, to the extent the debt obligations distributed on account of the Senior Committed Credit Agreement Obligations and on account of the Second Priority Debt Uncommitted Credit Agreement 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Empire Resources Inc /New/)

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the any reorganized debtor Grantor secured by Liens upon any property of the such reorganized debtor Grantor are distributed, pursuant to a proposal or plan of reorganization compromise, arrangement or similar dispositive restructuring planreorganization, on account of both the Senior Obligations First Lien Debt and the Second Priority Debt Obligationsany Junior Lien Debt, then, to the extent the debt obligations distributed on account of the Senior Obligations First Lien Debt and on account of the Second Priority Junior Lien Debt Obligations are secured by Liens upon the same assets or property, the provisions of this Intercreditor 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Castle a M & Co)

Reorganization Securities. 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, on account of both the Senior Obligations First Priority Claims and the Second Priority Debt ObligationsClaims, then, to the extent the debt obligations distributed on account of the Senior Obligations First Priority Claims and on account of the Second Priority Debt Obligations Claims are secured by Liens upon on the same assets or propertyassets, 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Gastar Exploration LTD)

Reorganization Securities. 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, distributed pursuant to a plan Plan of reorganization Reorganization or similar dispositive restructuring plan, both on account of both the Senior First Lien Obligations and the Second Priority Debt on account of Junior Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations and on account of the Second Priority Debt 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.

Appears in 1 contract

Samples: First Lien Credit Agreement (Aleris Corp)

Reorganization Securities. 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, plan on account of both the Senior First-Priority Obligations and the Second Second-Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior First-Priority Obligations and on account of the Second 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.

Appears in 1 contract

Samples: First Lien Credit Agreement (Cec Entertainment Inc)

Reorganization Securities. 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, distributed pursuant to a proposal, plan of reorganization reorganization, compromise or arrangement or similar dispositive restructuring plan, both on account of both the Senior Obligations and the Second Priority Debt on account of Revolving and Term Loan Obligations, then, to the extent the debt obligations distributed on account of the Senior Obligations and on account of the Second Priority Debt Revolving and Term Loan 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.

Appears in 1 contract

Samples: Credit Agreement (GTT Communications, Inc.)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, on account of both the Senior First Lien Obligations, Second Lien Obligations and the Second Priority Debt Third Lien Obligations, then, to the extent the debt obligations distributed on account of the Senior First Lien Obligations, Second Lien Obligations and on account of the Second Priority Debt Third 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.

Appears in 1 contract

Samples: Collateral Agency and Intercreditor Agreement (Mohegan Tribal Gaming Authority)

Reorganization Securities. 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, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of both the Senior Priority Lien Obligations and the Second Priority on account of Secured Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior Priority Lien Obligations and on account of the Second Priority Secured 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 debt obligations so distributed, to the Liens securing such debt obligationsobligations and the distribution of proceeds thereof.

Appears in 1 contract

Samples: Collateral Trust Agreement (Leap Wireless International Inc)

Reorganization Securities. 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, both on account of both the Senior Term Loan Obligations and the Second Priority Debt on account of Revolving Facility Obligations, then, to the extent the debt obligations distributed on account of the Senior Term Loan Obligations and on account of the Second Priority Debt Revolving Facility 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.

Appears in 1 contract

Samples: Intercreditor Agreement (Am-Source, LLC)

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