Common use of Standstill and Waivers Clause in Contracts

Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees that, until the First Priority Obligations Payment Date has occurred, subject to the proviso set forth in Section 5.1:

Appears in 30 contracts

Samples: Intercreditor Agreement (Rivian Automotive, Inc. / DE), Intercreditor Agreement (Endo International PLC), Intercreditor Agreement

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Standstill and Waivers. The Each Second Priority Representative, on behalf of itself and the other Second Priority Secured PartiesParties represented by it, agrees that, until the First Priority Obligations Payment Date has occurred, subject to the proviso set forth in Section 5.1:

Appears in 5 contracts

Samples: First Lien Credit Agreement (Hayward Holdings, Inc.), Security Agreement (PQ Group Holdings Inc.), First Lien Credit Agreement (Hayward Holdings, Inc.)

Standstill and Waivers. (a) The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees that, until the First Priority Obligations Payment Date has occurred, subject to the proviso set forth in Section 5.1:

Appears in 2 contracts

Samples: Intercreditor Agreement (Delta Air Lines Inc /De/), First Lien Security Agreement (Delta Air Lines Inc /De/)

Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees that, until the First Priority Obligations Payment Date has occurred, subject to the proviso set forth in Section 5.15.01:

Appears in 2 contracts

Samples: Credit Agreement (Moneygram International Inc), Intercreditor Agreement (Moneygram International Inc)

Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees that, until the First Priority Obligations Payment Date has occurred, subject to the proviso set forth in Section 5.1except for Second Priority Permitted Actions:

Appears in 2 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement (Universal City Travel Partners)

Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees and the Second Priority Secured Parties, agree that, until the First Priority Obligations Payment Date has occurred, subject to the proviso set forth in Section 5.1:

Appears in 2 contracts

Samples: Intercreditor Agreement (Insite Vision Inc), Intercreditor Agreement (Insite Vision Inc)

Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees thatthat (subject to the provisos set forth in the last paragraph of this Section 3.2 and in Section 5.1), until the First Priority Obligations Payment Date has occurred, subject to the proviso set forth in Section 5.1it will not, and will not permit any Second Priority Secured Party to:

Appears in 1 contract

Samples: Intercreditor Agreement (Vision-Ease Lens, Inc.)

Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees that, until the First Priority Lien Obligations Payment Date has occurred, subject to the proviso set forth in Section 5.1:

Appears in 1 contract

Samples: Intercreditor Agreement (Dynacast Inc.)

Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, Party agrees that, until the First Priority Obligations Payment Date has occurred, subject to the proviso set forth in Section 5.1, in its capacity as the Second Priority Secured Party:

Appears in 1 contract

Samples: Credit Agreement (Elizabeth Arden Inc)

Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees that, until the First Priority Obligations Payment Date has occurred, subject to Section 3.1 and the proviso set forth in Section 5.1:

Appears in 1 contract

Samples: Intercreditor Agreement (Par Petroleum Corp/Co)

Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees that, until the First Priority Obligations Payment Date has occurred, subject to the proviso set forth in Section 5.1:

Appears in 1 contract

Samples: Intercreditor Agreement (Lions Gate Entertainment Corp /Cn/)

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Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees that, until the First Priority Obligations Payment Date has occurred, even if an event of default has occurred and remains uncured under the Second Priority Documents, and whether or not any Insolvency Proceedings has been commenced by or against a Loan Party, but subject to the proviso set forth in Section 5.1:

Appears in 1 contract

Samples: Intercreditor Agreement (DT Credit Company, LLC)

Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees that, until the First Priority Obligations Payment Date has occurred, subject to the proviso provisos set forth in this Section 3.2 and Section 5.1:

Appears in 1 contract

Samples: Intercreditor Agreement (Amedisys Inc)

Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees that, until the First Priority Obligations Payment Date has occurred, subject to the proviso provisos set forth below and in Section 5.1:

Appears in 1 contract

Samples: Intercreditor Agreement (Xm Investment LLC)

Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, Party agrees that, until the First Priority Obligations Payment Date has occurred, subject to the proviso set forth in Section 5.1:

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Mirant North America, LLC)

Standstill and Waivers. (a) The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees that, until the First Priority Obligations Payment Date has occurred, subject to the proviso set forth in Section 5.1:

Appears in 1 contract

Samples: Intercreditor Agreement (Party City Holdco Inc.)

Standstill and Waivers. The Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees that, until the First Priority Obligations Payment Date has occurred, subject to the proviso set forth in Section 5.1:5.1(a):

Appears in 1 contract

Samples: Credit Agreement (Georgia Gulf Corp /De/)

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