Common use of Status as Senior Indebtedness Clause in Contracts

Status as Senior Indebtedness. All Obligations constitute senior Indebtedness entitled to the benefits of the subordination and/or intercreditor provisions contained in the applicable subordination and/or intercreditor agreements governing any subordinated Indebtedness.

Appears in 2 contracts

Samples: Facility Agreement (Intersect ENT, Inc.), Facility Agreement (Intersect ENT, Inc.)

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Status as Senior Indebtedness. All Obligations constitute senior secured Indebtedness entitled to the benefits of the subordination and/or intercreditor provisions contained in the applicable subordination and/or intercreditor agreements governing any subordinated Indebtedness.

Appears in 2 contracts

Samples: Facility Agreement (ADC Therapeutics SA), Facility Agreement (ADC Therapeutics SA)

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Status as Senior Indebtedness. All Obligations constitute senior secured Indebtedness entitled to the benefits of the subordination and/or intercreditor provisions contained in the applicable subordination and/or intercreditor agreements governing any subordinated Indebtedness.. Section 3.32

Appears in 2 contracts

Samples: Execution Version Us_153737865v8 Facility Agreement (Oncology Institute, Inc.), Execution Version Us_153737865v8 Facility Agreement (Oncology Institute, Inc.)

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