Examples of Second Lien Note Obligations in a sentence
No Party has any responsibility for keeping any other Party informed of the financial condition of the Credit Parties or of other circumstances bearing upon the risk of nonpayment of the Term Obligations, the First Lien Note Obligations, the Second Lien Note Obligations or any Additional Obligations, as applicable.
Nothing in this Agreement is intended to or shall impair the rights of the Company or any other Credit Party, or the obligations of the Company or any other Credit Party to pay the Term Obligations, the First Lien Note Obligations, the Second Lien Note Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
The agreements in this Section 8.22 will survive repayment of the Second Lien Note Obligations and the Additional Second Lien Obligations and the removal or resignation of the Second Lien Collateral Agent.
The agreements in this Section 8.22 will survive repayment of the Second Lien Note Obligations and the Additional Parity Lien Facility Obligations and the removal or resignation of the Second Lien Collateral Agent.
The Notes Collateral Agent shall at any time be entitled to cease taking any action described above if it no longer believes that the indemnity, security or undertaking from the Company or the Holders (or holders of other Second Lien Note Obligations (if any), as applicable) is sufficient.