Common use of Insolvency or Liquidation Proceedings Clause in Contracts

Insolvency or Liquidation Proceedings. (a) If in any Insolvency or Liquidation Proceeding and prior to the Discharge of Priority Lien Obligations, the holders of Priority Lien Obligations by an Act of Required Debtholders consent to any order:

Appears in 11 contracts

Samples: Collateral Trust Agreement (Delta Air Lines Inc /De/), Collateral Trust Agreement (GXS Investments, Inc.), Intercreditor Agreement (Advanced Audio Concepts, LTD)

AutoNDA by SimpleDocs

Insolvency or Liquidation Proceedings. (a) If in any Insolvency or Liquidation Proceeding and prior to the Discharge of Priority Parity Lien Obligations, the holders of Priority Parity Lien Obligations by an Act of Required Debtholders consent to any order:

Appears in 8 contracts

Samples: Collateral Trust Agreement (Energy Future Intermediate Holding CO LLC), Collateral Trust Agreement (Terremark Worldwide Inc.), Collateral Trust Agreement (Energy Future Intermediate Holding CO LLC)

Insolvency or Liquidation Proceedings. (a) If in any Insolvency or Liquidation Proceeding and prior to the Discharge of Priority Lien Obligations, the holders of Priority Lien Obligations by an Act of Required Debtholders consent to any orderorder for any of the following:

Appears in 3 contracts

Samples: Collateral Trust Agreement, Collateral Trust Agreement (Primus Telecommunications Group Inc), Canadian Collateral Trust Agreement (Primus Telecommunications Group Inc)

Insolvency or Liquidation Proceedings. (a) If in any Insolvency or Liquidation Proceeding and prior to the Discharge of Priority Lien Senior Obligations, the holders of Priority Lien Obligations or the holders of ABL Debt Obligations by an Act of Required Debtholders consent to any order:

Appears in 2 contracts

Samples: Collateral Trust Agreement (Acco Brands Corp), Collateral Trust Agreement (Solo Cup CO)

Insolvency or Liquidation Proceedings. (a) If in any Insolvency or Liquidation Proceeding and prior to the Discharge of Priority Lien Obligations, the holders of Priority Lien Obligations by an Act act of Required Debtholders or any Priority Lien Representative consent to any order:

Appears in 2 contracts

Samples: Collateral Trust Agreement (MRC Global Inc.), Security Agreement (MRC Global Inc.)

Insolvency or Liquidation Proceedings. (a) If in any Insolvency or Liquidation Proceeding and prior to the Discharge of Priority Lien Debt Obligations, the holders of Priority Lien Debt Obligations by an Act of Required Debtholders Secured Parties consent to any order:

Appears in 2 contracts

Samples: Collateral Trust Agreement (Carmike Cinemas Inc), Collateral Trust Agreement (Carmike Cinemas Inc)

AutoNDA by SimpleDocs

Insolvency or Liquidation Proceedings. (a) If in In any Insolvency or Liquidation Proceeding and prior to the Discharge of Priority Lien ObligationsObligations with respect to Liquid Collateral, if the holders of Priority Required Credit Facility Lien Obligations by an Act of Required Debtholders consent to any order:

Appears in 1 contract

Samples: Intercreditor Agreement (Del Laboratories Inc)

Insolvency or Liquidation Proceedings. (a) If in any Insolvency or Liquidation Proceeding and prior to the Discharge of Priority Lien Obligations, the holders of any Priority Lien Obligations by an Act of Required Debtholders Creditors consent to any order:

Appears in 1 contract

Samples: Collateral Trust Agreement (Belden & Blake Corp /Oh/)

Insolvency or Liquidation Proceedings. (a) If in any Insolvency or Liquidation Proceeding and has occurred and, prior to the Discharge of Priority Parity Lien Obligations, the holders of Priority Parity Lien Obligations by an Act of Required Debtholders consent to any order:

Appears in 1 contract

Samples: Collateral Trust Agreement (Cheniere Energy Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.