Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the Senior Indebtedness Payment Date shall have occurred. This is a continuing agreement and the Senior First Priority Secured Parties and the Subordinated Holders may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, Borrower or any other Loan Party on the faith hereof.
Appears in 4 contracts
Samples: Intercreditor and Subordination Agreement (Teton Energy Corp), Intercreditor and Subordination Agreement (Teton Energy Corp), Intercreditor and Subordination Agreement (Teton Energy Corp)
Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the Senior Indebtedness Lender Obligation Payment Date shall have occurred. This is a continuing agreement and the Senior First Priority Secured Lender Parties and the Subordinated Holders Note Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, Borrower Company or any other Loan Obligor Party on the faith hereof.
Appears in 3 contracts
Samples: Intercreditor Agreement (Foster Wheeler LTD), Intercreditor Agreement (Foster Wheeler Inc), Intercreditor Agreement (Foster Wheeler Inc)
Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the Senior Indebtedness Payment Obligations Repayment Date shall have occurred. This is a continuing agreement and the Senior First Priority Secured Parties Creditors and the Subordinated Holders Creditors may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, Borrower or any other Loan Party on the faith hereof.
Appears in 2 contracts
Samples: Subordination and Intercreditor Agreement (Hollywood Media Corp), Subordination and Intercreditor Agreement (Hollywood Media Corp)
Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the Senior Indebtedness Obligation Payment Date shall have occurred. This is a continuing agreement and the Senior First Priority Secured Parties Creditors and the Subordinated Holders Subordinate Creditor may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, Borrower or any other Loan Credit Party on the faith hereof.
Appears in 1 contract
Samples: Intercreditor Agreement (Encore Energy Partners LP)
Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the Senior Indebtedness Obligation Payment Date shall have occurred. This is a continuing agreement and the Senior First Priority Secured Parties Creditors and the Subordinated Holders Creditors may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, Borrower Borrowers or any other Loan Party on the faith hereof.
Appears in 1 contract
