Common use of Senior Collateral Documents Clause in Contracts

Senior Collateral Documents. The Collateral Agent acknowledges and agrees, on behalf of itself and any Secured Party, that, any provision of this Agreement to the contrary notwithstanding, until the Discharge of Senior Lender Claims, the Pledgors shall not be required to act or refrain from acting pursuant to this Agreement or with respect to any Collateral on which the Intercreditor Agent has a Lien superior in priority to the Collateral Agent’s Lien thereon in any manner that would result in a default under the terms and provisions of the Senior Lender Documents.

Senior Collateral Documents. The Collateral Agent acknowledges and agrees, on behalf of itself and any other Secured Party, that, that any provision of this Agreement to the contrary notwithstanding, until the Discharge of Senior Lender ClaimsFirst Lien Termination Date, the Pledgors shall not be required to act or refrain from acting pursuant to this Agreement the Security Documents or with respect to any Collateral on which the Intercreditor First Lien Agent has a Lien superior in priority to the Collateral Agent’s Lien thereon in any manner that would result in a default under the terms and provisions of the Senior Lender Documents.

Senior Collateral Documents. The Collateral Agent acknowledges and agrees, on behalf of itself and any Secured Party, that, that any provision of this Agreement to the contrary notwithstanding, until the Discharge of Senior Lender ClaimsFirst Lien Termination Date, the Pledgors shall not be required to act or refrain from acting pursuant to this Agreement the Security Documents or with respect to any Collateral on which the Intercreditor First Lien Agent has a Lien superior in priority to the Collateral Agent’s Lien thereon in any manner that would result in a default under the terms and provisions of the Senior Lender Documents.