Common use of Senior Claimholders Clause in Contracts

Senior Claimholders. In any Insolvency Proceeding involving an Obligor, the Subordinated Agent, for itself and on behalf of the other Subordinated Claimholders, agrees that none of them shall contest (or support any other person contesting):

Appears in 2 contracts

Samples: Senior Revolving Credit Agreement (Bumble Bee Capital Corp.), Senior Term Loan Credit Agreement (Bumble Bee Capital Corp.)

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Senior Claimholders. In any Insolvency Proceeding involving an Obligor, the each Subordinated Agent, for itself and on behalf of the other Subordinated Claimholders, Claimholder agrees that none of them shall contest (or support any other person contesting):

Appears in 2 contracts

Samples: Subordination and Intercreditor Agreement (Nuverra Environmental Solutions, Inc.), Intercreditor and Subordination Agreement (Global Telecom & Technology, Inc.)

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Senior Claimholders. In any Insolvency Proceeding involving an Obligor, the each Subordinated Agent, for itself and on behalf of the other Subordinated Claimholders, Claimholder agrees that none of them it shall not contest or object (or support any other person contesting):contesting or objecting) to:

Appears in 1 contract

Samples: Intercreditor and Subordination Agreement (Layne Christensen Co)

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