Common use of Additional Debt Facilities Clause in Contracts

Additional Debt Facilities. To the extent, but only to the extent, permitted by the provisions of the Senior Priority Debt Documents and the Junior Priority Debt Documents then in effect, the Borrower or any other Grantor may Incur one or more series or classes of Additional Junior Priority Debt. Any such additional class or series of Additional Junior Priority Debt (the "Junior Priority Class Debt") may be secured by a Junior Priority Lien on Shared Collateral, in each case under and pursuant to the relevant Junior Priority Collateral Documents for such Junior Priority Class Debt, if and subject to the condition that the Representative of any such Junior Priority Class Debt (each, a "Junior Priority Class Debt Representative"), acting on behalf of the holders of such Junior Priority Class Debt (such Representative and holders in respect of any Junior Priority Class Debt being referred to as the "Junior Priority Class Debt Parties"), becomes a party to this Agreement by satisfying conditions (i) through (iii), as applicable, of the immediately succeeding paragraph, and Section 8.09(b). In order for a Junior Priority Class Debt Representative to become a party to this Agreement:

Additional Debt Facilities. To the extent, but only to the extent, permitted by the provisions of the then-extant Senior Priority Debt Documents and the Junior Priority Debt Documents then in effectDocuments, the Borrower Company or any other Grantor may Incur incur or issue and sell one or more series or classes of Additional Junior Priority Debt. Any such additional class or series of Additional Junior Priority Debt (the "“Junior Priority Class Debt"”) may be secured by a Junior Priority junior priority, subordinated Lien on Shared Collateral, in each case under and pursuant to the relevant Junior Priority Collateral Documents for such Junior Priority Class Debt, if and subject to the condition that the Representative of any such Junior Priority Class Debt (each, a "“Junior Priority Class Debt Representative"”), acting on behalf of the holders of such Junior Priority Class Debt (such Representative and holders in respect of any such Junior Priority Class Debt being referred to as the "“Junior Priority Class Debt Parties"”), becomes a party to this Agreement by satisfying the conditions set forth in clauses (i) through (iiiv), as applicable, of the immediately succeeding paragraph, and this Section 8.09(b)9.09. In order for a Junior Priority Class Debt Representative to become a party to this Agreement: