Common use of Special Rights in Insolvency Proceedings Clause in Contracts

Special Rights in Insolvency Proceedings. (a) If in any Insolvency Proceeding and prior to the Discharge of Priority Lien Obligations, the holders of Priority Lien Obligations by an Act of Instructing Debtholders consent to any order:

Appears in 2 contracts

Samples: Collateral Trust Agreement (Midwest Generation LLC), Collateral Trust Agreement (Midwest Generation LLC)

AutoNDA by SimpleDocs

Special Rights in Insolvency Proceedings. (a) If in any Insolvency Proceeding and prior to the Discharge of Priority Lien ObligationsProceeding, the holders of Priority Lien Obligations by an Act of Instructing Debtholders consent to any order:

Appears in 2 contracts

Samples: Collateral Trust and Intercreditor Agreement (Entravision Communications Corp), Collateral Trust and Intercreditor Agreement (Geokinetics Inc)

AutoNDA by SimpleDocs

Special Rights in Insolvency Proceedings. (a) If in any Insolvency Proceeding and prior to the Discharge of Priority Lien ObligationsProceeding, the holders of Senior Priority Lien Obligations by an Act of Instructing Debtholders consent to any order:

Appears in 1 contract

Samples: Recognition Agreement (Delta Energy Center, LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.