Common use of Additional Debt Facilities Clause in Contracts

Additional Debt Facilities. To the extent permitted by the provisions of the then extant ABL Documents and Term Documents, the Borrower and each of their respective Subsidiaries may incur or issue and sell one or more series or classes of Additional Term Debt. Any such additional class or series of Indebtedness may be secured by (x) Liens on the Term Priority Collateral that are senior to the Liens on the Term Priority Collateral securing the ABL Obligations and (y) Liens on the ABL Priority Collateral that are junior to the Liens on the ABL Priority Collateral securing the ABL Obligations, in each case under, and pursuant to, the relevant Additional Term Collateral Documents for such Additional Term Debt, if and subject to the condition that the agent, trustee or other representative in respect of any such Additional Term Debt, acting on behalf of the holders of such Additional Term Debt, becomes a party to this Agreement by satisfying conditions (a) through (c), as applicable, of the immediately succeeding paragraph. In order for any such agent, trustee or other representative to become a party to this Agreement:

Additional Debt Facilities. To the extent extent, but only to the extent, permitted by the provisions of the then extant ABL Documents and the Term Documents, the Borrower and each of their respective Subsidiaries Credit Parties may incur or issue and sell one or more series or classes of Additional Term DebtObligations. Any such additional class or series of Indebtedness Term Obligations (the “Term Class Debt”) may be secured by (xi) Liens a junior priority, subordinated Lien on the ABL Priority Collateral and (ii) a Lien on Term Priority Collateral that are senior to is pari passu with, or junior in priority to, the Liens on the Term Priority Collateral Lien securing the ABL Obligations and (y) Liens on the ABL Priority Collateral that are junior to the Liens on the ABL Priority Collateral securing the ABL then outstanding Term Obligations, in each case under, under and pursuant to, to the relevant Additional Term Collateral Documents for such Additional Term Class Debt, if and subject to the condition that the agent, trustee representative or other representative in respect agent of any such Additional Term DebtClass Debt (each, a “Term Class Debt Representative”), acting on behalf of the holders of such Additional Term DebtClass Debt (such representative or agent and holders in respect of any Term Class Debt being referred to as the “Term Class Debt Parties”), becomes a party to this Agreement by satisfying conditions (ai) through (ciii), as applicable, applicable of the immediately succeeding paragraphthis Section 7.20. In order for any such agent, trustee or other representative a Term Class Debt Representative to become a party to this Agreement:

Additional Debt Facilities. To the extent extent, but only to the extent, permitted by the provisions of the then extant ABL Documents and the then extant Term Documents, the Borrower and each of their respective Subsidiaries Credit Parties may incur or issue and sell one or more series or classes of Additional Term DebtObligations. Any such additional class or series of Indebtedness Term Obligations (the “Term Class Debt”) may be secured by (xi) Liens a junior priority, subordinated Lien on the ABL Priority Collateral and (ii) a Lien on Term Priority Collateral that are senior to is pari passu with, or junior in priority to, the Liens on the Term Priority Collateral Lien securing the ABL Obligations and (y) Liens on the ABL Priority Collateral that are junior to the Liens on the ABL Priority Collateral securing the ABL then outstanding Term Obligations, in each case under, under and pursuant to, to the relevant Additional Term Collateral Documents for such Additional Term Class Debt, if and subject to the condition that the agent, trustee representative or other representative in respect agent of any such Additional Term DebtClass Debt (each, a “Term Class Debt Representative”), acting on behalf of the holders of such Additional Term DebtClass Debt (such representative or agent and holders in respect of any Term Class Debt being referred to as the “Term Class Debt Parties”), becomes a party to this Agreement by satisfying conditions (a) through (c), as applicable, applicable of the immediately succeeding paragraphthis Section 7.19. In order for any such agent, trustee or other representative a Term Class Debt Representative to become a party to this Agreement:

Additional Debt Facilities. To the extent extent, but only to the extent, permitted by the provisions of each of the then extant ABL Documents and Term Debt Documents, the Borrower and each of their respective Subsidiaries any Obligor may incur or issue and sell one or more series or classes of Additional Term Debt; provided that the principal amount of Additional Debt outstanding or permitted to be borrowed or incurred shall not exceed the Maximum First Lien Principal Amount or the Maximum Second Lien Principal Amount, as applicable. Any such additional class or series of Indebtedness Additional Debt (the “Class Debt”), as permitted hereunder, may be secured by (x) Liens a Lien on the Term Priority Collateral that are senior to the Liens on the Term Priority Collateral securing the ABL Obligations and (y) Liens on the ABL Priority Collateral that are junior to the Liens on the ABL Priority Collateral securing the ABL ObligationsCollateral, in each case under, under and pursuant to, to the relevant Additional Term Collateral Security Documents for such Additional Term Class Debt, if and subject to the condition that the agent, trustee Representative or other representative in respect Representatives of any such Additional Term DebtClass Debt (each, a “Class Debt Representative”), acting on behalf of the holders of such Additional Term DebtClass Debt (such Representative and holders in respect of any Second Lien Class Debt being referred to as the “Class Debt Parties”), becomes a party to this Agreement by satisfying conditions (ai) through (ciii), as applicable, of the immediately succeeding paragraph. In order for any such agent, trustee or other representative a Class Debt Representative to become a party to this Agreement:

Additional Debt Facilities. (a) To the extent extent, but only to the extent, permitted by the provisions of the then extant ABL Debt Documents and Term Debt Documents, the Borrower and each of their respective Subsidiaries Borrower, Holdings or any other Grantor may incur or issue and sell one or more series or classes of Additional Term Debt. Any such additional class or series of Indebtedness indebtedness may be secured by (x) Liens on the Term Priority Collateral that are senior to the Liens on the Term Priority Collateral securing the ABL Obligations and (y) Liens on the ABL Priority Collateral that are junior to the Liens on the ABL Priority Collateral securing the ABL Obligations, in each case under, and pursuant to, the relevant Additional Term Collateral Documents for such Additional Term Debt, if and subject to the condition that the agent, trustee or other representative in respect Term Representative of any such Additional Term Debt, acting on behalf of the holders of such Additional Term Debt, becomes a party to this Agreement by satisfying conditions (ai) through (ciii), as applicable, of the immediately succeeding paragraph. In order for any such agent, trustee or other representative a Term Representative to become a party to this Agreement:

Additional Debt Facilities. To the extent extent, but only to the extent, permitted by the provisions of each of the then extant ABL Documents and Term Documents, the Borrower and each of their respective Subsidiaries Credit Parties may incur or issue and sell one or more series or classes of Additional Term DebtObligations. Any such additional class or series of Indebtedness Term Obligations (the “Term Class Debt”) may be secured by (xi) Liens a junior priority, subordinated Lien on the ABL Priority Collateral (other than any ABL Exclusive Collateral) and (ii) a Lien on Term Priority Collateral that are senior to the Liens on the Term Priority Collateral securing the ABL Obligations and (y) Liens on the ABL Priority Collateral that are is pari passu with, or junior to the Liens on the ABL Priority Collateral securing the ABL Obligations, in each case under, and pursuant priority to, the Lien securing the then outstanding First Lien Term Obligations under and pursuant to the relevant Additional Term Collateral Documents for such Additional Term Class Debt, if and subject to the condition that the agent, trustee representative or other representative in respect agent of any such Additional Term DebtClass Debt (each, a “Term Class Debt Representative”), acting on behalf of the holders of such Additional Term DebtClass Debt (such representative or agent and holders in respect of any Term Class Debt being referred to as the “Term Class Debt Parties”), becomes a party to this Agreement by satisfying conditions (a) through (c), as applicable, applicable of the immediately succeeding paragraphthis Section 7.20. In order for any such agent, trustee or other representative a Term Class Debt Representative to become a party to this Agreement: