Finance and Sale Matters. (a) Until the Discharge of First Priority Claims has occurred, the Second Priority Agent, for itself and on behalf of the other Second Priority Secured Parties, agrees that, in the event of any Insolvency or Liquidation Proceeding, the Second Priority Secured Parties:
Appears in 6 contracts
Samples: Letter of Credit Agreement (McDermott International Inc), Credit Agreement (McDermott International Inc), Intercreditor Agreement (Green Field Energy Services, Inc.)
Finance and Sale Matters. (a) Until the Discharge of First Priority Claims has occurred, the Second Priority Agent, for itself and on behalf of the other Second Priority Secured Parties, and subject to the provisions of Section 6.01(b), agrees that, in the event of any Insolvency or Liquidation Proceeding, the Second Priority Secured Parties:
Appears in 2 contracts
Samples: Intercreditor Agreement (Forbes Energy Services LLC), Intercreditor Agreement (Forbes Energy Services Ltd.)
Finance and Sale Matters. (a) Until the Discharge of First Priority Claims has occurred, the Second Priority Agent, for itself and on behalf of the other Second Priority Secured Parties, and subject to the provisions of Section 6.01(c), agrees that, in the event of any Insolvency or Liquidation Proceeding, the Second Priority Secured Parties:
Appears in 2 contracts
Samples: Intercreditor Agreement (Gastar Exploration LTD), Intercreditor Agreement (Gastar Exploration LTD)
Finance and Sale Matters. (a) Until the Discharge of First Priority Claims has occurred, the Second Priority Agent, for itself and on behalf of the other Second Priority Secured Parties, Parties agrees that, in the event of any Insolvency or Liquidation Proceeding, the Second Priority Secured Parties:
Appears in 1 contract
Samples: Intercreditor Agreement (McDermott International Inc)
Finance and Sale Matters. (a) Until the Discharge of First Priority Claims has occurred, the Second Priority Agent, for itself and on behalf of the other Second Priority Secured Parties, and the Third Priority Agent, for itself and on behalf of the other Third Priority Secured Parties, agrees that, in the event of any Insolvency or Liquidation Proceeding, the Second Priority Secured Parties and the Third Priority Secured Parties:
Appears in 1 contract
Finance and Sale Matters. (a) 2.1.1. Until the Discharge of First Priority Claims has occurred, the Second Priority Agent, for itself and on behalf of the other Second Priority Secured Parties, and subject to the provisions of Section 6.1(c), agrees that, in the event of any Insolvency or Liquidation Proceeding, the Second Priority Secured Parties:
Appears in 1 contract
