Intercreditor Acknowledgements and Waivers Sample Clauses

Intercreditor Acknowledgements and Waivers. Section 5.1 Notice of Acceptance and Other Waivers 26 27
Intercreditor Acknowledgements and Waivers. 31 Section 5.1. Notice of Acceptance and Other Waivers 31 Section 5.2. Modifications to ABL Documents and Term Documents 32 Section 5.3. Reinstatement and Continuation of Agreement 34 ARTICLE 6. INSOLVENCY PROCEEDINGS 35 Section 6.1. DIP Financing 35 Section 6.2. Relief From Stay 36 Section 6.3. No Contest; Adequate Protection 36 Section 6.4. Asset Sales 38 Section 6.5. Separate Grants of Security and Separate Classification 38 Section 6.6. Enforceability 38 Section 6.7. ABL Obligations Unconditional 38 Section 6.8. Term Obligations Unconditional 39 Section 6.9. Reorganization Securities 39 TABLE OF CONTENTS (Cont’d) Page No. ARTICLE 7. PURCHASE OPTION 39 Section 7.1. Term Secured Parties’ Purchase Option 39 Section 7.2. ABL Secured Parties Purchase Option 41 ARTICLE 8. MISCELLANEOUS 42 Section 8.1. Rights of Subrogation 42 Section 8.2. Further Assurances 42 Section 8.3. Representations 42 Section 8.4. Amendments 43 Section 8.5. Addresses for Notices 43 Section 8.6. No Waiver; Remedies 44 Section 8.7. Continuing Agreement, Transfer of Secured Obligations 44 Section 8.8. Governing Law; Entire Agreement 44 Section 8.9. Counterparts 44 Section 8.10. No Third Party Beneficiaries 45 Section 8.11. Headings 45 Section 8.12. Severability 45 Section 8.13. VENUE; JURY TRIAL WAIVER 45 Section 8.14. Intercreditor Agreement 46 Section 8.15. No Warranties or Liability 46 Section 8.16. Conflicts 46 Section 8.17. Information Concerning Financial Condition of the Credit Parties 46 INTERCREDITOR AGREEMENT THIS INTERCREDITOR AGREEMENT (as amended, supplemented, restated or otherwise modified from time to time pursuant to the terms hereof, this “Agreement”) is entered into as of June 9, 2014 among (a) XXXXX FARGO BANK, NATIONAL ASSOCIATION, in its capacity as administrative agent (together with its successors and assigns in such capacity, the “ABL Agent”) for
Intercreditor Acknowledgements and Waivers. 22 Section 5.1 Notice of Acceptance and Other Waivers......................................................... 22 Section 5.2 Modifications to ABL Documents and Term Documents.............................................. 23 Section 5.3 Reinstatement and Continuation of Agreement.................................................... 25
Intercreditor Acknowledgements and Waivers. Section a. Notice of Acceptance and Other Waivers. #94592040v2 EXHIBIT F ad. All ABL Obligations at any time made or incurred by any Borrower or any other Credit Party shall be deemed to have been made or incurred in reliance upon this Agreement, and each Term Agent, on behalf of itself and the Term Secured Parties represented by it, hereby waives notice of acceptance, or proof of reliance by the ABL Agent or any ABL Secured Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the ABL Obligations. All Term Obligations at any time made or incurred by the US Borrower or any other Credit Party shall be deemed to have been made or incurred in reliance upon this Agreement, and the ABL Agent, on behalf of itself and the ABL Secured Parties, hereby waives notice of acceptance, or proof of reliance, by any Term Agent or any Term Secured Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the Term Obligations.
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