Continuing Nature of this Agreement. This Agreement, including the subordination provisions hereof, will be reinstated if at any time any payment or distribution in respect of any of the Secured Obligations is rescinded or must otherwise be returned in an Insolvency or Liquidation Proceeding or otherwise by any holder of Secured Obligations or Secured Lien Representative or any representative of any such party (whether by demand, settlement, litigation or otherwise).
Appears in 5 contracts
Samples: Intercreditor and Proceeds Agreement (Atlas Corp.), Intercreditor and Proceeds Agreement (Atlas Corp.), Intercreditor and Proceeds Agreement (Seaspan CORP)
Continuing Nature of this Agreement. This Agreement, including the subordination provisions hereof, Agreement will be reinstated if at any time any payment or distribution in respect of any of the Secured Obligations is rescinded or must otherwise be returned in an Insolvency or Liquidation Proceeding or otherwise by any holder of Secured Obligations Party or Secured Lien Debt Representative or any representative of any such party (whether by demand, settlement, litigation or otherwise).
Appears in 5 contracts
Samples: Collateral Trust Agreement (Geo Group Inc), Collateral Trust Agreement (Triumph Group Inc), Collateral Trust Agreement (Endo International PLC)
Continuing Nature of this Agreement. This Agreement, including the subordination provisions hereof, Agreement will be reinstated if at any time any payment or distribution in respect of any of the Secured Obligations is rescinded or must otherwise be returned in an Insolvency or Liquidation Proceeding or otherwise by any holder of Secured Obligations or Secured Lien Representative or any representative of any such party (whether by demand, settlement, litigation or otherwise).
Appears in 3 contracts
Samples: Collateral Trust and Intercreditor Agreement (Par Pacific Holdings, Inc.), Collateral Trust and Intercreditor Agreement (Northern Tier Retail LLC), Collateral Trust and Intercreditor Agreement (Foresight Energy LP)
Continuing Nature of this Agreement. This Agreement, including the subordination provisions hereof, will be reinstated if at any time any payment or distribution in respect of any of the Secured Obligations is rescinded or must otherwise be returned in an Insolvency or Liquidation Proceeding or otherwise by any holder of the Secured Obligations or Secured Lien Representative the Collateral Trustee or any representative of any such party (whether by demand, settlement, litigation or otherwise).
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Continuing Nature of this Agreement. This Agreement, including the subordination provisions hereof, Agreement will be reinstated if at any time any payment or distribution in respect of any of the Secured Priority Obligations is rescinded or must otherwise be returned in an Insolvency or Liquidation Proceeding or otherwise by any holder of Secured Obligations Party or Secured Lien Priority Debt Representative or any representative of any such party (whether by demand, settlement, litigation or otherwise).
Appears in 1 contract
