Examples of Revolving Claimholders in a sentence
Any payments or distributions in cash, property or other assets received by the Notes Collateral Agent or Notes Claimholders that are paid over to the Revolving Collateral Agent or Revolving Claimholders pursuant to this Agreement shall not reduce any of the Notes Obligations.
Any amendments, modifications or waivers can be effected by the Revolving Collateral Agent, at the direction of the requisite Revolving Claimholders under the Revolving Credit Agreement, and the Notes Collateral Agent, at the direction of the requisite Notes Claimholders under the Existing Indenture.
The National Preparedness Guidelines, issued in September 2007, provide an all- hazards preparedness goal as directed by Homeland Security Presidential Directive-8.
The Grantors, the Revolving Claimholders and the Notes Claimholders and all other parties hereto agree that only proceeds of the Notes Priority Collateral may be deposited in the Notes Proceeds Accounts and agree to take all other actions necessary to give effect to the intent of this Section 3.11.
All notices to the Revolving Claimholders permitted or required under this Agreement shall also be sent to the Revolving Collateral Agent.
The ABL Revolving Collateral Agent, each Term Agent and each Claimholder hereby irrevocably waive any defense based on the adequacy of a remedy at law and any other defense which might be asserted to bar the remedy of specific performance in any ac- tion which may be brought by the ABL Revolving Collateral Agent or the ABL Revolving Claimholders or the Term Agents or the Term Claimholders, as the case may be.
Anything to the contrary contained herein notwithstanding, the subordination of the Liens of Term Claimholders to the Liens of ABL Re- volving Claimholders and of the Liens of ABL Revolving Claimholders to the Liens of Term Claimhold- ers as set forth herein is with respect to the priority of the respective Liens held by or on behalf of them only and shall not constitute a subordination of the Term Obligations to the ABL Revolving Obligations or the ABL Revolving Obligations to the Term Obligations.
The Revolving Collateral Agent, the Notes Collateral Agent and each Claimholder hereby irrevocably waive any defense based on the adequacy of a remedy at law and any other defense which might be asserted to bar the remedy of specific performance in any action which may be brought by the Revolving Collateral Agent or Revolving Claimholders or the Notes Collateral Agent or Notes Claimholders, as the case may be.
This is a continuing agreement of lien subordination (as opposed to debt or claim subordination) and the ABL Revolving Claimholders may continue, at any time and without notice to any Term Agent or the Term Claimholders, to extend credit and other financial accommodations to or for the benefit of any Grantor constituting ABL Revolving Ob- ligations in reliance hereon.
Nothing in this Agreement shall impair, as between Grantors and the Revolving Collateral Agent and Revolving Claimholders, or as between Grantors and the Notes Collateral Agent and Notes Claimholders, the obligations of Grantors to pay principal, interest, fees and other amounts as provided in the Revolving Loan Documents and the Notes Documents, respectively.