Examples of First Lien Debt Document in a sentence
None of the Borrower, any other Grantor or any other creditor thereof shall have any rights or obligations hereunder, except as expressly provided in this Agreement (provided that nothing in this Agreement is intended to or will amend, waive or otherwise modify the provisions of the Senior Credit Agreement or any Additional First Lien Debt Document), and none of the Borrower or any other Grantor may rely on the terms hereof.
Notwithstanding the foregoing, in the event that pursuant to the terms of any First Lien Debt Document any person succeeds to or is substituted for the “Company” thereunder, then any reference to the “Company” herein shall be deemed to refer to such successor person and there parties hereto shall take such actions as may be necessary to give effect thereto.
Each Secured Party also acknowledges that it will, independently and without reliance upon the Directing Agent, any Authorized Representative or any other Secured Party or any of their Affiliates and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other First Lien Debt Document or any related agreement or any document furnished hereunder or thereunder.
If this Agreement conflicts with any First Lien Debt Document or Second Lien Debt Document, this Agreement will control.
Each First Lien Secured Party will retain all rights to indemnification provided in the relevant First Lien Debt Document for all claims and other amounts relating to period prior to the purchase of the First Lien Obligations pursuant to this Section 5.07.
Except as expressly provided herein, the execution, delivery and effectiveness of this Amendment shall not operate as an amendment of any right, power or remedy of any Agent or Claimholder, nor constitute an amendment of any provision of any First Lien Debt Document or Second Lien Debt Document.
In connection with any Refinancing of any Debt under any First Lien Debt Document (x) Stone Energy will deliver an Officer’s Certificate to the Second Lien Collateral Agent certifying that such Refinancing is permitted by the Second Lien Debt Documents and (y) the holders (and their representatives) of any such Refinancing Debt shall execute a Joinder Agreement or otherwise bind themselves in writing to the terms of this Agreement.
Notwithstanding the foregoing, in the event that pursuant to the terms of any First Lien Debt Document any person succeeds to or is substituted for the “Borrower” thereunder, then any reference to the “Borrower” herein shall be deemed to refer to such successor person and there parties hereto shall take such actions as may be necessary to give effect thereto.
Each First Lien Secured Party will retain all rights to indemnification provided in the relevant First Lien Debt Document for all claims relating to period prior to the purchase of the First Lien Obligations pursuant to this Section 5.07.
No Borrower shall, nor shall it permit any of its Subsidiaries to amend, modify, waive or supplement (or permit the modification, amendment, waiver or supplement of) any of the terms or provisions of any First Lien Debt Document, other than amendments, modifications and waivers permitted by the terms of the Intercreditor Agreement.