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 the First Lien Obligations, the Second Lien Obligations and the Third Lien Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations, the Second Lien Obligations and the 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.

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, arrangement, compromise or liquidation or similar dispositive restructuring plan, both on account of the First Lien Obligations, the Second Lien Obligations and the Third on account of Second Lien Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations, Obligations and on account of the Second Lien Obligations and the 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.

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 the First Lien Term Obligations, the Second Lien on account of ABL Obligations and the Third Lien on account of Notes Obligations, then, to the extent the debt obligations distributed on account of the First Lien Term Obligations, on account of the Second Lien ABL Obligations and the Third Lien on account of 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.

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 First Lien Obligations, the Second Lien Senior Obligations and the Third Lien ObligationsSecond Priority Debt Obligations (including without limitation any administrative or superpriority claim granted as adequate protection), then, to the extent the debt obligations distributed on account of the First Lien Obligations, Senior Obligations and on account of the Second Lien Obligations and the Third Lien Priority Debt Obligations are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Reorganization Securities. 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 the First Lien Super Priority Obligations, the Second Lien on account of Indenture Obligations and the Third on account of Second Lien Obligations, then, to the extent the debt obligations distributed on account of the First Lien Super Priority Obligations, on account of the Second Lien Indenture Obligations and the Third on account of Second Lien Obligations are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Reorganization Securities. 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 the First Lien ABL Obligations, the Second Lien on account of Term Obligations and on account of the Third Lien Notes Obligations, then, to the extent the debt obligations distributed on account of the First Lien ABL Obligations, on account of the Second Lien Term Obligations and on account of the Third Lien 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.

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations or equity interests of the reorganized debtor are distributed pursuant to a plan of reorganization or similar dispositive restructuring plan on account of both the First Lien Obligations and the Second Lien Obligations (the “Reorganization Securities”), then, with respect to such Reorganization Securities that are debt obligations, to the extent the debt obligations are distributed on account of the First Lien Obligations and on account of the Second Lien Obligations and such debt obligations are secured by Liens upon any property of the reorganized debtor and such Liens are distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, on account of the First Lien Obligations, the Second Lien Obligations and the Third Lien Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations, the Second Lien Obligations and the 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.

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 the First Lien ObligationsPriority Claims, the Second Lien Obligations Priority Claims and the Third Lien Obligationsany Excess Claims, then, to the extent the debt obligations distributed on account of the First Lien ObligationsPriority Claims, on account of the Second Lien Obligations Priority Claims and the Third Lien Obligations on account of any Excess Claims are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Reorganization Securities. 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 any two or more of the First Lien Obligations, the Second Lien Obligations and the Third Lien Revolving Facility Obligations, then, to the extent the debt obligations distributed on account of the such First Lien Obligations, the such Second Lien Obligations and the Third Lien or such 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.

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 the First Lien Obligations, the Second Lien Revolver Obligations and the Third Lien on account of Term Loan Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations, the Second Lien Revolver Obligations and on account of the Third Lien 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.

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 the First Lien ObligationsABL Obligations , the Second Lien on account of Term Obligations and on account of the Third Lien Notes Obligations, then, to the extent the debt obligations distributed on account of the First Lien ABL Obligations, on account of the Second Lien Term Obligations and on account of the Third Lien 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.

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 reorganization, proposal, plan of compromise or arrangement or similar dispositive restructuring plan, on account of both the First Lien Obligations, the Second Lien Priority Obligations and the Third Lien Second Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations, Priority Obligations and on account of the Second Lien Obligations and the Third Lien Priority Debt Obligations are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor of the type contemplated by the definition of “Collateral” are distributed, distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of the First Lien Obligations, the Second Lien Obligations and the Third on account of Second Lien Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations, Obligations and on account of the Second Lien Obligations and the Third Lien Obligations are secured by Liens upon the same assets or propertyproperty of the type contemplated by the definition of “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.

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, arrangement, compromise or liquidation or similar dispositive restructuring plan, both on account of the First Lien Obligations, the Second Lien Obligations and the Third on account of Second Lien Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations, Obligations and on account of the Second Lien Obligations and the 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.same

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, proposal or similar dispositive restructuring plan, plan (the “Reorganization Securities”) on account of both the First Lien Obligations, the Second Lien Obligations and the Third Second Lien Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations, Obligations and on account of the Second Lien Obligations and the 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 or proposal and will apply with like effect to the Liens securing such debt obligations.

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, examinership, administration, compromise or liquidation or similar dispositive restructuring plan, both on account of the First Lien Obligations, the Second Lien Obligations and the Third on account of Second Lien Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations, Obligations and on account of the Second Lien Obligations and the 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.

Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations instruments or securities of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed, pursuant to a court-authorized plan of reorganization or similar court-authorized dispositive restructuring plan, both on account of the First Lien Obligations, the Second Lien Obligations and the Third on account of Second Lien Obligations, then, to the extent the debt obligations instruments or securities distributed on account of the First Lien Obligations, Obligations and on account of the Second Lien Obligations and the 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 instruments or securities pursuant to such plan and will apply with like effect to the Liens securing such debt obligationsinstruments or securities.

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 the First Lien Obligations, the Second Lien First-Priority Obligations and the Third Lien on account of Second-Priority Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations, the Second Lien First-Priority Obligations and on account of the Third Lien Second-Priority Obligations are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Reorganization Securities. 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 any two or more of the First First-Lien Obligations, the Second Second-Lien Obligations and the Third Lien ABL Obligations, then, to the extent the debt obligations distributed on account of the First such First-Lien Obligations, the Second such Second-Lien Obligations and the Third Lien 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.

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 the First Lien Obligations, the Secured Obligations and on account of Second Lien Obligations and the Third Lien Secured Obligations, then, subject to Section 4, to the extent the debt obligations distributed on account of the First Lien Obligations, Secured Obligations and on account of the Second Lien Obligations and the Third Lien Secured Obligations are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Reorganization Securities. 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 or similar dispositive restructuring plan, Reorganization both on account of the First Lien Obligations, the Second Lien Payment Priority Obligations and the Third on account of Senior Secured Notes Obligations and Additional First Lien Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations, the Second Lien Payment Priority Obligations and the Third on account of Senior Secured Notes Obligations and Additional 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.

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 the 2024 First Lien Obligations, the Second Lien Obligations and the Third on account of Second Lien Obligations, then, to the extent the debt obligations distributed on account of the 2024 First Lien Obligations, the Second Lien Obligations and on account of the Third Second 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.